Goldman Sachs Manufacturing Revolution ETF (GMAN)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Goldman Sachs Manufacturing Revolution ETF (GMAN) trades at $77.92 with AI Score 44/100 (Grade C). Goldman Sachs Manufacturing Revolution ETF (GMAN) aims to mirror the performance of the Goldman Sachs Manufacturing Revolution Index. Market cap: $48.42M, Sector: Financial services.
Price live · AI analysis from Mar 17, 2026Analyst Coverage for GMAN: GMAN does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates GMAN against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
GMAN: the 1 perspectives are evenly split.
How is this calculated? →Goldman Sachs Manufacturing Revolution ETF (GMAN) Financial Services Profile
Goldman Sachs Manufacturing Revolution ETF (GMAN) provides targeted exposure to companies poised to benefit from technological advancements reshaping the manufacturing sector. The fund tracks the Goldman Sachs Manufacturing Revolution Index, focusing on developed market equities. With a concentrated investment approach, GMAN offers investors a specific thematic exposure within the broader financial services landscape.
What Is the Investment Thesis for GMAN?
GMAN presents a focused investment opportunity within the evolving manufacturing sector. The fund's strategy of tracking the Goldman Sachs Manufacturing Revolution Index offers targeted exposure to companies benefiting from technological advancements. A key value driver is the increasing adoption of automation, robotics, and advanced materials in manufacturing, potentially boosting the performance of companies within the index. The ongoing global shift towards smart manufacturing and Industry 4.0 serves as a growth catalyst. However, potential risks include market volatility affecting technology stocks and the concentrated nature of the fund, which may amplify sector-specific downturns. The fund's performance is directly tied to the success of the manufacturing revolution theme.
Based on FMP financials and quantitative analysis
GMAN Key Highlights
- GMAN seeks to replicate the performance of the Goldman Sachs Manufacturing Revolution Index, providing targeted exposure to the manufacturing technology sector.
- The fund invests at least 80% of its assets in securities included in its underlying index, ensuring a focused investment approach.
- GMAN's investment strategy centers on companies benefiting from automation, robotics, advanced materials, and digital manufacturing.
- The ETF offers investors a way to gain exposure to the evolving manufacturing landscape through a single, diversified investment vehicle.
- The fund's performance is directly tied to the success of the manufacturing revolution theme.
Who Are GMAN's Competitors?
GMAN is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| DWTR Invesco DWA Tactical Sector Rotation ETF | $35.30 | +0.00% | $51.70M | 44 |
| FFTG FormulaFolios Tactical Growth ETF | $24.48 | +0.02% | $48.53M | 44 |
| GDAT Goldman Sachs Data-Driven World ETF | $72.70 | +0.21% | $51.98M | 44 |
| GFIN Goldman Sachs Finance Reimagined ETF | $67.11 | +0.21% | $47.94M | 44 |
| IAUF iShares Gold Strategy ETF | $63.01 | -0.30% | $47.73M | 44 |
| NXDT NexPoint Diversified Real Estate Trust | $5.53 | +3.08% | $285.77M | 73 |
| GENB Generate Biomedicines, Inc. | $17.03 | -2.18% | $2.18B | 72 |
| SII Sprott Inc. | $118.11 | +2.72% | $3.05B | 71 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are GMAN's Key Strengths?
- Focused investment strategy targeting the manufacturing technology sector.
- Established index methodology for selecting companies.
- Access to Goldman Sachs' research and expertise.
- Potential for high growth in the manufacturing technology sector.
What Are GMAN's Weaknesses?
- Concentrated investment approach may amplify sector-specific downturns.
- Dependence on the performance of the manufacturing revolution theme.
- Limited diversification compared to broader market ETFs.
- Relatively small market cap.
What Could Drive GMAN Stock Higher?
- Increasing adoption of automation and robotics in manufacturing.
- Expansion of the advanced materials market.
- Growth of digital manufacturing technologies.
- Government initiatives and incentives promoting advanced manufacturing.
What Are the Key Risks for GMAN?
- Market volatility affecting technology stocks.
- Competition from other thematic ETFs.
- Economic downturn impacting the manufacturing sector.
- Technological obsolescence.
- Concentrated investment approach may amplify sector-specific downturns.
What Are the Growth Opportunities for GMAN?
- Increased Adoption of Automation: The global market for industrial automation is projected to reach $395 billion by 2028, driven by the need for increased efficiency and reduced costs. Companies within the GMAN index stand to benefit from this trend as manufacturers invest in automation solutions to improve productivity and competitiveness. This represents a significant growth opportunity for the fund's holdings.
- Expansion of Robotics in Manufacturing: The robotics market in manufacturing is expected to grow substantially, with projections estimating a market size of $81.4 billion by 2030. As manufacturers increasingly adopt robots for various tasks, companies specializing in robotics and related technologies within the GMAN index are positioned to experience significant growth. This trend offers a strong growth catalyst for the fund.
- Development of Advanced Materials: The market for advanced materials is expanding rapidly, driven by the demand for lighter, stronger, and more durable materials in manufacturing. This growth is fueled by applications in aerospace, automotive, and other industries. Companies within the GMAN index that are involved in the development and production of advanced materials are well-positioned to capitalize on this trend.
- Growth of Digital Manufacturing: The digital manufacturing market, encompassing technologies such as 3D printing, IoT, and cloud computing, is experiencing rapid growth. The increasing adoption of these technologies is transforming manufacturing processes and creating new opportunities for companies that provide digital manufacturing solutions. Companies within the GMAN index that are involved in this area are poised for growth.
- Government Initiatives and Incentives: Governments worldwide are implementing initiatives and incentives to promote advanced manufacturing and technological innovation. These policies often include tax breaks, subsidies, and research grants. Companies within the GMAN index that are able to leverage these government programs can further accelerate their growth and expand their market share. This represents a favorable tailwind for the fund's performance.
What Opportunities Does GMAN Have?
- Increasing adoption of automation and robotics in manufacturing.
- Expansion of the advanced materials market.
- Growth of digital manufacturing technologies.
- Government initiatives and incentives promoting advanced manufacturing.
What Threats Does GMAN Face?
- Market volatility affecting technology stocks.
- Competition from other thematic ETFs.
- Economic downturn impacting the manufacturing sector.
- Technological obsolescence.
What Are GMAN's Competitive Advantages?
- Brand recognition of Goldman Sachs as a leading financial institution.
- Established index methodology for selecting companies in the manufacturing technology sector.
- Access to Goldman Sachs' research and expertise in the manufacturing industry.
What Does GMAN Do?
The Goldman Sachs Manufacturing Revolution ETF (GMAN) was created to provide investors with a focused investment vehicle targeting the ongoing technology-driven transformation of the manufacturing industry. The fund operates by closely mirroring the performance of the Goldman Sachs Manufacturing Revolution Index. This index comprises common equity securities listed on exchanges in developed markets that are expected to benefit from the Manufacturing Revolution Theme. The ETF invests at least 80% of its assets in securities included in its underlying index, ensuring a high degree of alignment with its stated investment objective. The fund's investment strategy centers on identifying and capitalizing on companies that are at the forefront of integrating advanced technologies into manufacturing processes. This includes areas such as automation, robotics, advanced materials, and digital manufacturing. By concentrating its investments in these key areas, GMAN aims to capture the potential growth and innovation occurring within the manufacturing sector as it undergoes a significant technological shift. The fund offers investors a way to gain exposure to this evolving landscape through a single, diversified investment vehicle.
What Products and Services Does GMAN Offer?
- Invests in companies that benefit from the technology-driven transformation of manufacturing.
- Tracks the Goldman Sachs Manufacturing Revolution Index.
- Focuses on common equity securities listed on exchanges in developed markets.
- Targets companies involved in automation, robotics, and advanced materials.
- Provides exposure to the evolving landscape of smart manufacturing and Industry 4.0.
- Offers investors a way to gain exposure to this evolving landscape through a single, diversified investment vehicle.
How Does GMAN Make Money?
- Tracks an index of companies involved in the manufacturing revolution.
- Generates revenue through management fees charged to investors.
- Aims to provide investment results that closely correspond to the performance of its underlying index.
What Industry Does GMAN Operate In?
GMAN operates within the asset management industry, specifically targeting the manufacturing technology sector. The global manufacturing industry is undergoing a significant transformation driven by technological advancements, including automation, robotics, and advanced materials. This trend is creating new opportunities for companies that are at the forefront of innovation. The competitive landscape includes other thematic ETFs, such as DWTR, FFTG, GDAT, GFIN, and IAUF, that focus on technology or industrial sectors. GMAN differentiates itself by specifically targeting the intersection of technology and manufacturing.
Who Are GMAN's Key Customers?
- Institutional investors seeking exposure to the manufacturing technology sector.
- Retail investors interested in thematic investing.
- Financial advisors looking for specialized investment products.
How Goldman Sachs Manufacturing Revolution ETF Is Valued
Relative to its peer group, GMAN's quantitative score of 44/100 is roughly in line with the peer average of 44/100.
GMAN Financials
Bull Case vs Bear Case
Bull Case
- Focused investment strategy targeting the manufacturing technology sector.
- Established index methodology for selecting companies.
- Access to Goldman Sachs' research and expertise.
- Potential for high growth in the manufacturing technology sector.
Bear Case
- Concentrated investment approach may amplify sector-specific downturns.
- Dependence on the performance of the manufacturing revolution theme.
- Limited diversification compared to broader market ETFs.
- Relatively small market cap.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
GMAN Latest News
No recent news available for GMAN.
GMAN Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for GMAN.
Price Targets
Wall Street price target analysis for GMAN.
GMAN MoonshotScore
What does this score mean?
The MoonshotScore rates GMAN's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
What Investors Ask About Goldman Sachs Manufacturing Revolution ETF (GMAN) — Financial Services
What does Goldman Sachs Manufacturing Revolution ETF do?
The Goldman Sachs Manufacturing Revolution ETF (GMAN) aims to provide investment results that closely correspond to the performance of the Goldman Sachs Manufacturing Revolution Index. The fund invests primarily in companies with common equity securities listed on exchanges in certain developed markets that may benefit from the ongoing technology-driven transformation of the manufacturing industry. This includes companies involved in automation, robotics, advanced materials, and digital manufacturing, offering investors targeted exposure to this evolving sector.
What are the main risks for GMAN?
The main risks for GMAN include market volatility affecting technology stocks, competition from other thematic ETFs, and an economic downturn impacting the manufacturing sector. The fund's concentrated investment approach may amplify sector-specific downturns. Additionally, technological obsolescence could pose a risk if the companies within the index fail to adapt to emerging technologies. Investors should carefully consider these risks before investing in GMAN.
What are the key factors to evaluate for GMAN?
Goldman Sachs Manufacturing Revolution ETF (GMAN) holds an AI score of 44/100 (low). Not financial advice.
How frequently does GMAN data refresh on this page?
GMAN prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven GMAN's recent stock price performance?
Goldman Sachs Manufacturing Revolution ETF (GMAN) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Focused investment strategy targeting the manufacturing technology sector. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider GMAN overvalued or undervalued right now?
Valuing Goldman Sachs Manufacturing Revolution ETF (GMAN) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying GMAN?
Before investing in Goldman Sachs Manufacturing Revolution ETF (GMAN), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Why might investors consider adding GMAN to a portfolio?
Key strength of Goldman Sachs Manufacturing Revolution ETF (GMAN): Focused investment strategy targeting the manufacturing technology sector. Weigh rewards against risks and diversify. Not financial advice.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- AI analysis pending for GMAN, limiting the depth of available insights.
- The fund's performance is directly tied to the success of the manufacturing revolution theme, which may be subject to unforeseen risks and challenges.