GGUS

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF

$63.05

+0.00%

Market closed. Last update: 10:52 PM ET

📎 Investment Objective

The Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Russell 1000 Growth Index.

Overview

ETF tracking Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF

Category Commodities

Issuer Other

Inception Date 2023-11-30

Market Cap $378.3M

Average Volume N/A

Dividend Yield 0.47%

52-Week Range $43.98 - $65.88

VWAP $63.23

Performance

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Investment Summary

📎 Investment Objective

The Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Russell 1000 Growth Index.

🎯 Investment Strategy

The ETF invests in a representative sample of the securities included in the Russell 1000 Growth Index, which measures the performance of the large-cap growth segment of the U.S. equity market. The fund aims to replicate the index's performance by holding a portfolio of the largest U.S. growth stocks.

✨ Key Features

Broad exposure to large-cap U.S. growth stocks
Seeks to track the Russell 1000 Growth Index
Low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Market risk: The value of the fund's holdings may decline due to general market conditions
Concentration risk: The fund is heavily concentrated in the largest U.S. growth companies
Tracking error risk: The fund may not perfectly track the underlying index
Liquidity risk: Shares may trade at a premium or discount to net asset value

👤 Best For

This ETF may be suitable for long-term investors seeking broad exposure to the large-cap U.S. growth equity market as part of a diversified portfolio. Due to the fund's limited history, it may be more appropriate for investors with a higher risk tolerance and a longer investment horizon.