GDOC

Goldman Sachs Future Health Care Equity ETF

$36.05
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The Goldman Sachs Future Health Care Equity ETF (GDOC) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive Future Health Care Index.

Overview

ETF tracking Goldman Sachs Future Health Care Equity ETF

Category Healthcare
Issuer Other
Inception Date 2021-11-11
Market Cap $21.6M
Average Volume N/A
Dividend Yield 0.02%
52-Week Range $28.84 - $36.31
VWAP $35.88

Performance

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Investment Summary

📎 Investment Objective

The Goldman Sachs Future Health Care Equity ETF (GDOC) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive Future Health Care Index.

🎯 Investment Strategy

The ETF invests in a portfolio of equity securities of companies that are positioned to benefit from long-term trends and innovations in the healthcare industry, including advancements in areas such as biotechnology, genomics, medical devices, and healthcare technology.

✨ Key Features

  • Exposure to companies at the forefront of healthcare innovation and technological advancement
  • Diversified portfolio across various healthcare sub-sectors
  • Passively managed to track the Solactive Future Health Care Index
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Equity market risk: The value of the ETF's holdings may fluctuate due to general market conditions
  • Sector concentration risk: The ETF's performance is closely tied to the healthcare sector, which may be subject to greater volatility
  • Emerging technology risk: Investments in companies developing new technologies may be subject to increased uncertainty and risk
  • Liquidity risk: The ETF may have difficulty trading certain holdings, especially in volatile market conditions

👤 Best For

This ETF may be suitable for long-term investors seeking exposure to the healthcare sector and its potential for growth driven by technological advancements and innovation. Investors should have a higher risk tolerance and a long-term investment horizon to accommodate the volatility associated with the healthcare industry.