GREI ETF — Holdings & Analysis

With an expense ratio of 0.75%, GREI targets companies aligned with secular growth drivers like innovation, demographic shifts, and environmental sustainability. The fund is non-diversified, offering concentrated exposure to its chosen themes, and currently provides a dividend yield of 2.27%.

Goldman Sachs Future Real Estate and Infrastructure Equity ETF (GREI) ETF — Price, Holdings & Analysis

The Goldman Sachs Future Real Estate and Infrastructure Equity ETF (GREI) is a $0.01 billion fund that focuses on equity investments in real estate and infrastructure companies, both in the U.S. and internationally. With an expense ratio of 0.75%, GREI targets companies aligned with secular growth drivers like innovation, demographic shifts, and environmental sustainability. The fund is non-diversified, offering concentrated exposure to its chosen themes, and currently provides a dividend yield of 2.27%.

ETF Overview

The fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) in equity investments in U.S. and non-U.S. real estate and infrastructure companies. The adviser generally intends to invest in real estate and infrastructure companies that the adviser believes are aligned with key themes associated with secular growth drivers for real estate and infrastructure assets, which include innovation, demographic shifts, experiences over things, environmental sustainability, and social sustainability. The fund is non-diversified.

GREI seeks to invest in companies involved in real estate and infrastructure, emphasizing those aligned with specific secular growth themes. These themes include innovation, demographic shifts, experiences over things, environmental sustainability, and social sustainability. The fund invests at least 80% of its net assets in equity investments within these sectors. GREI's top holdings reflect this strategy, with significant allocations to companies like Equinix Inc (5.08%), a data center REIT, Prologis Inc (4.58%), an industrial REIT, and Cheniere Energy Inc (4.56%), an energy company. The fund's sector allocation is heavily weighted towards Real Estate (59.0%) and Utilities (25.2%), with smaller allocations to Industrials (11.2%) and Energy (4.6%). The fund is non-diversified, which means it can invest a significant portion of its assets in a smaller number of holdings, potentially leading to higher volatility. GREI may appeal to investors seeking targeted exposure to real estate and infrastructure companies that are expected to benefit from long-term secular trends.

Risk Metrics

GREI's non-diversified status introduces concentration risk, as a significant portion of its assets are invested in a relatively small number of holdings. For example, the top 10 holdings account for a substantial portion of the fund's total assets. The fund's sector allocation also presents a risk, with a large allocation to Real Estate (59.0%), making it vulnerable to downturns in that sector. The fund's beta of 1.09 indicates that it is slightly more volatile than the overall market. The expense ratio of 0.75% can create a drag on performance, especially in periods of lower returns. Past performance does not guarantee future results.

Expense Ratio

0.75%

What does GREI hold?

Holding	Weight
Equinix Inc (EQIX)	5.08%
Prologis Inc (PLD)	4.58%
Cheniere Energy Inc (LNG)	4.56%
NextEra Energy Inc (NEE)	4.18%
National Grid PLC (NG.L)	4.04%
Welltower Inc (WELL)	3.55%
Transurban Group (TCL.AX)	3.38%
Digital Realty Trust Inc (DLR)	3.16%
WEC Energy Group Inc (WEC)	2.85%
American Tower Corp (AMT)	2.81%

How Is the Fund Allocated?

Sector	Weight
Real Estate	59.0%
Utilities	25.2%
Industrials	11.2%
Energy	4.6%

Country	Weight
Other	26.5%
United States	73.5%

Dividend Yield

2.27%

Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
State Street SPDR S&P 500 ETF (SPY) — 0.09% expense ratio

Goldman Sachs Innovate Equity ETF (GINN) (Equity) — 0.50% expense ratio
Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM) (Equity) — 0.59% expense ratio
Goldman Sachs Future Consumer Equity ETF (GBUY) (Equity) — 0.75% expense ratio
Goldman Sachs Bloomberg Clean Energy Equity ETF (GCLN) (Equity) — 0.45% expense ratio
Goldman Sachs Future Planet Equity ETF (GSFP) (Equity) — 0.75% expense ratio
Goldman Sachs S&P 500 Premium Income ETF (GPIX) (Equity) — 0.35% expense ratio

Risk Metrics

Beta: 1.09

Questions & Answers

What is GREI and what does it track?

The Goldman Sachs Future Real Estate and Infrastructure Equity ETF (GREI) seeks to provide investment results that closely correspond to the performance of equity investments in U.S. and non-U.S. real estate and infrastructure companies.

What is the expense ratio for GREI?

The expense ratio for GREI is 0.75%. This means that for every $10,000 invested in the fund, $75 is used to cover the fund's operating expenses.

While this provides access to a targeted investment strategy, it's important to consider the cost relative to other ETFs in the equity category. Expense ratios can impact overall returns, especially over longer investment horizons.

What are the top holdings in GREI?

As of 2026-03-15, the top holdings in GREI are Equinix Inc (EQIX) at 5.08%, Prologis Inc (PLD) at 4.58%, and Cheniere Energy Inc (LNG) at 4.56%.

NextEra Energy Inc (NEE) comprises 4.18% of the portfolio, and National Grid PLC (NG.L) accounts for 4.04%.

Is GREI a good long-term investment?

Whether GREI is a suitable long-term investment depends on an individual's investment goals, risk tolerance, and time horizon. The fund's focus on real estate and infrastructure companies aligned with secular growth themes may offer potential for long-term growth.

However, its non-diversified nature and sector concentration could also lead to increased volatility.

How does GREI compare to similar ETFs?

GREI differentiates itself through its focus on real estate and infrastructure companies aligned with specific secular growth themes. Compared to broader real estate ETFs, GREI offers a more targeted approach.

The expense ratio of 0.75% may be higher than some passively managed ETFs in the real estate sector.

Does GREI pay dividends?

Yes, GREI does pay dividends. As of 2026-03-15, the fund has a dividend yield of 2.27%. The dividend yield represents the annual dividend payment as a percentage of the fund's share price.

It's important to note that dividend yields can fluctuate over time and are not guaranteed. Investors seeking income may find GREI's dividend yield attractive, but should also consider the fund's overall investment strategy and risk profile.