GINN

Goldman Sachs Innovate Equity ETF

$73.25

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Goldman Sachs Innovate Equity ETF (GINN) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive Innovative Global Equity Index.

Overview

ETF tracking Goldman Sachs Innovate Equity ETF

Category Commodities

Issuer Other

Inception Date 2020-11-09

Market Cap $241.7M

Average Volume N/A

Dividend Yield 1.06%

52-Week Range $51.52 - $76.75

VWAP $72.89

Performance

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Investment Summary

📎 Investment Objective

The Goldman Sachs Innovate Equity ETF (GINN) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive Innovative Global Equity Index.

🎯 Investment Strategy

The ETF invests in a portfolio of global equity securities that are expected to benefit from innovation and technological advancements across various sectors. The fund's holdings are selected based on their exposure to innovative themes and their potential for long-term growth.

✨ Key Features

Broad exposure to global equities focused on innovative companies and themes
Diversified portfolio across sectors including technology, healthcare, and consumer discretionary
Passively managed to track the Solactive Innovative Global Equity Index
Low expense ratio of 0.00%

⚠️ Primary Risks

Equity market risk: The value of the fund's holdings may fluctuate due to general stock market conditions
Concentration risk: The fund's performance may be more volatile due to its focus on innovative themes and sectors
Foreign investment risk: Investments in non-U.S. securities may be subject to additional risks such as currency fluctuations and political instability
Tracking error risk: The fund may not perfectly track its underlying index

👤 Best For

The Goldman Sachs Innovate Equity ETF may be suitable for long-term investors seeking exposure to global equities focused on innovative companies and themes. Due to its higher risk profile, the fund may be most appropriate for investors with a higher risk tolerance and a longer investment horizon.