Key stats
About Goldman Sachs U.S. Large Cap Buffer 1 ETF
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Inception date
Dec 30, 2024
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Goldman Sachs Asset Management LP
Distributor
ALPS Distributors, Inc.
ISIN
US38149W5316
GBXA utilizes options to moderate losses on shares of SPDR Portfolio S&P 500 ETF (ticker: SPLG) over a resetting three-month period, starting in January. The fund combines a buffer strategy to prevent realization of the first 5% to 15% of the losses, and a deep buffer strategy to prevent further losses after 30%. In exchange, the fund will only participate in the performance up to the cap but not in further gains beyond the cap. At the end of the target outcome period, the fund will reset for a new outcome period tied to the same index and buffer, but the cap may change based on market rates. Shares must be held over a specific period to achieve the intended results. The issuer publishes effective interim levels daily on its website. The targeted cap and buffer do not include the fund's expense ratio. The fund is actively managed and uses FLEX options on SPLG and shares with similar exposure.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF100.00%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
GBXA invests entirely in one holding — SPDR Portfolio S&P 500 ETF.
GBXA assets under management is 6.39 M USD. It's risen 1.72% over the last month.
GBXA fund flows account for 997.20 K USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, GBXA doesn't pay dividends to its holders.
GBXA shares are issued by The Goldman Sachs Group, Inc. under the brand Goldman Sachs. The ETF was launched on Dec 30, 2024, and its management style is Active.
GBXA expense ratio is 0.50% meaning you'd have to pay 0.50% of your investment to help manage the fund.
GBXA follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
GBXA invests in funds.
GBXA price has risen by 1.73% over the last month, and its yearly performance shows a 6.51% increase. See more dynamics on GBXA price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.03% over the last month, showed a 5.08% increase in three-month performance and has increased by 6.68% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.03% over the last month, showed a 5.08% increase in three-month performance and has increased by 6.68% in a year.
GBXA trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.