GBXA
Goldman Sachs U.S. Large Cap Buffer 1 ETF
📎 Investment Objective
The Goldman Sachs U.S. Large Cap Buffer 1 ETF seeks to provide investors with exposure to the large-cap U.S. equity market while aiming to limit downside risk during adverse market conditions.
Overview
ETF tracking Goldman Sachs U.S. Large Cap Buffer 1 ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Goldman Sachs U.S. Large Cap Buffer 1 ETF seeks to provide investors with exposure to the large-cap U.S. equity market while aiming to limit downside risk during adverse market conditions.
🎯 Investment Strategy
The ETF tracks the Goldman Sachs U.S. Large Cap Buffer 1 Index, which uses a buffer strategy to provide a level of protection against the first 10% of losses in the underlying index, the S&P 500 Index. This is achieved through the use of options contracts to limit downside risk.
✨ Key Features
- Seeks to limit downside risk in the large-cap U.S. equity market by providing a 10% buffer against losses
- Tracks the Goldman Sachs U.S. Large Cap Buffer 1 Index, which is designed to provide a level of protection against market declines
- Low expense ratio of 0.00%
- Relatively new ETF with limited performance history
⚠️ Primary Risks
- Market risk: The ETF's performance is tied to the performance of the large-cap U.S. equity market, which can be volatile
- Derivative risk: The use of options contracts to provide the buffer strategy introduces additional risks and complexities
- Limited track record: As a new ETF, it has a limited performance history for investors to evaluate
- Liquidity risk: The ETF may have lower trading volume and liquidity compared to more established funds
👤 Best For
The Goldman Sachs U.S. Large Cap Buffer 1 ETF may be suitable for investors seeking exposure to the large-cap U.S. equity market with a level of downside protection, particularly during periods of market volatility. However, due to the limited performance history and the complexity of the buffer strategy, this ETF may be more appropriate for experienced investors with a higher risk tolerance.