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GSFP ETF — Holdings & Analysis

The Goldman Sachs Future Planet Equity ETF (GSFP) is a $0.01 billion fund from Goldman Sachs that focuses on companies addressing environmental problems. With an expense ratio of 0.75%, GSFP invests in both U.S. and non-U.S. companies believed to be associated with seeking to solve environmental issues. GSFP is non-diversified and has significant exposure to sectors like industrials, materials, and technology, making it a targeted investment for those interested in environmental solutions.

Goldman Sachs Future Planet Equity ETF (GSFP) ETF — Price, Holdings & Analysis

The Goldman Sachs Future Planet Equity ETF (GSFP) is a $0.01 billion fund from Goldman Sachs that focuses on companies addressing environmental problems. With an expense ratio of 0.75%, GSFP invests in both U.S. and non-U.S. companies believed to be associated with seeking to solve environmental issues. GSFP is non-diversified and has significant exposure to sectors like industrials, materials, and technology, making it a targeted investment for those interested in environmental solutions.

ETF-Uebersicht

The fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes in equity investments in U.S. and non-U.S. companies that Goldman Sachs Asset Management, L.P. ("GSAM" or the "Investment Adviser") believes are associated, at the time the investment is first added to the fund's portfolio, with seeking to address environmental problems. It may have significant exposure to specific sectors including, but not limited to, the industrials, materials and technology sectors. The fund is non-diversified.
GSFP aims to capture growth in companies actively involved in addressing environmental challenges. The fund invests at least 80% of its assets in equity investments of U.S. and non-U.S. companies identified by Goldman Sachs Asset Management as contributing to environmental solutions. GSFP's portfolio includes holdings like Iberdrola SA (5.49%), Enel SpA (5.31%), and Waste Management Inc (5.24%). The fund's sector allocation is heavily weighted towards Industrials (28.9%), followed by Technology (6.7%), Consumer Cyclical (5.2%), and Utilities (4.4%). A significant portion, 44.3%, is held in Cash & Others. This ETF is designed for investors seeking exposure to companies involved in environmental solutions, but it's important to note that it is non-diversified, which can amplify both gains and losses.

Risikokennzahlen

GSFP's non-diversified nature concentrates risk, as a smaller number of holdings can lead to greater volatility. The fund's sector allocation also presents a risk, with a significant portion in Industrials (28.9%), meaning performance is closely tied to this sector's performance. The fund's beta of 1.25 (3Y) indicates it is more volatile than the market. The expense ratio of 0.75% is higher than the category average, which can create a drag on returns over time. these may be worth researching factors when evaluating GSFP, especially its concentration and sector-specific risks.

Kostenquote

0.75%

Top-Positionen

Sektorgewichtung

  • Cash & Others: 44.3%
  • Industrials: 28.9%
  • Technology: 6.7%
  • Consumer Cyclical: 5.2%
  • Utilities: 4.4%
  • Consumer Defensive: 4.1%
  • Energy: 3.4%
  • Basic Materials: 1.8%
  • Financial Services: 1.3%
  • Other: 44.3%
  • United States: 40.1%
  • Ireland: 7.1%
  • Canada: 6.1%
  • China: 2.4%

Dividendenrendite

0.99%
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  • <a href="/etf/eem">iShares MSCI Emerging Markets ETF (EEM)</a> — 0.72% expense ratio
  • <a href="/etf/spy">State Street SPDR S&P 500 ETF Trust (SPY)</a> — 0.09% expense ratio
  • <a href="/etf/rwde">Direxion MSCI Developed Over Emerging Markets ETF (RWDE)</a> — 0.53% expense ratio
  • <a href="/etf/fine">Themes European Luxury ETF (FINE)</a> — 0.35% expense ratio
  • <a href="/etf/mj">Amplify Alternative Harvest ETF (MJ)</a> — 0.75% expense ratio
  • <a href="/etf/defa">iShares Adaptive Currency Hedged MSCI EAFE ETF (DEFA)</a> — 0.35% expense ratio
  • <a href="/etf/ginn">Goldman Sachs Innovate Equity ETF (GINN)</a> (Equity) — 0.50% ER
  • <a href="/etf/gem">Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM)</a> (Equity) — 0.59% ER
  • <a href="/etf/grei">Goldman Sachs Future Real Estate and Infrastructure Equity ETF (GREI)</a> (Equity) — 0.75% ER
  • <a href="/etf/gind">Goldman Sachs India Equity ETF (GIND)</a> (Equity) — 0.75% ER
  • <a href="/etf/gbuy">Goldman Sachs Future Consumer Equity ETF (GBUY)</a> (Equity) — 0.75% ER
  • <a href="/etf/gpix">Goldman Sachs S&P 500 Premium Income ETF (GPIX)</a> (Equity) — 0.35% ER

Risikokennzahlen

  • Beta: 1.25

Fragen & Antworten

What is GSFP and what does it track?

GSFP, or the Goldman Sachs Future Planet Equity ETF, is designed to invest in companies that are actively involved in addressing environmental problems. The fund primarily invests in equity securities of both U.S. and non-U.S. companies that Goldman Sachs Asset Management believes are associated with seeking to solve environmental issues. GSFP's holdings include companies like Iberdrola SA, Enel SpA, and Waste Management Inc. The ETF is non-diversified, meaning it can have a more concentrated portfolio compared to broader market ETFs.

What is the expense ratio for GSFP?

The expense ratio for GSFP is 0.75%. This means that for every $1000 invested in the fund, $7.50 is used to cover the fund's operating expenses. The expense ratio is higher than the category average, which can impact the overall returns of the fund, especially over longer periods. the may be worth researching expense ratio when comparing GSFP to other similar ETFs.

What are the top holdings in GSFP?

The top holdings in GSFP include Iberdrola SA, with a weight of 5.49%, Enel SpA at 5.31%, and Waste Management Inc at 5.24%. NextEra Energy Inc comprises 4.23% of the fund, and DSM Firmenich AG accounts for 3.76%. These top holdings represent a significant portion of the fund's assets, indicating a concentrated portfolio. The performance of these companies will significantly impact the overall performance of GSFP.

Is GSFP a good long-term investment?

GSFP's suitability as a long-term investment depends on an investor's risk tolerance and belief in the growth potential of companies focused on environmental solutions. The fund's expense ratio of 0.75% is higher than the category average, which could impact long-term returns. The fund's beta of 1.25 suggests it is more volatile than the broader market. Past performance does not guarantee future results, and investors should carefully consider their own investment objectives and risk tolerance before investing.

How does GSFP compare to similar ETFs?

GSFP differentiates itself with its focus on companies addressing environmental problems. Compared to broader ESG ETFs, GSFP has a more targeted approach. Its expense ratio of 0.75% may be higher than some competitors, while its AUM of $0.01 billion is relatively small. Other similar ETFs might have different sector allocations or geographic focuses, which could lead to varying performance outcomes. Investors should compare GSFP's holdings and strategy with other ESG and environmental-focused ETFs to determine the best fit for their portfolio.

Does GSFP pay dividends?

Yes, GSFP does pay dividends. The current dividend yield for GSFP is 0.99%. This means that for every $100 invested in the fund, investors can expect to receive $0.99 in dividend payments annually, before any potential tax implications. The dividend yield can fluctuate based on the fund's performance and the dividend payouts of the underlying holdings.