GSEW

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF

$83.50
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW) seeks to track the performance of an equal-weighted index of large-capitalization U.S. stocks.

Overview

ETF tracking Goldman Sachs Equal Weight U.S. Large Cap Equity ETF

Category Large Cap
Issuer Other
Inception Date 2017-09-14
Market Cap $1.3B
Average Volume N/A
Dividend Yield 1.58%
52-Week Range $67.22 - $86.32
VWAP $83.46

Performance

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Investment Summary

📎 Investment Objective

The Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW) seeks to track the performance of an equal-weighted index of large-capitalization U.S. stocks.

🎯 Investment Strategy

The ETF invests in the largest U.S. companies by market capitalization and weights each holding equally, rather than by market cap. This approach aims to provide exposure to the broad U.S. large-cap equity market with reduced concentration risk compared to market-cap-weighted indexes.

✨ Key Features

  • Equal-weighted index exposure to large-cap U.S. stocks
  • Potentially lower concentration risk than market-cap-weighted indexes
  • Broad diversification across large-cap U.S. equities
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Equity market risk: The value of the ETF's holdings may decline due to general market and economic conditions.
  • Concentration risk: While the equal weighting aims to reduce concentration, the ETF still has significant exposure to the largest U.S. companies.
  • Tracking error risk: The ETF may not perfectly track its underlying index due to various factors.
  • Liquidity risk: The ETF may experience lower trading volume or wider bid-ask spreads, especially for less liquid holdings.

👤 Best For

This ETF may be suitable for long-term investors seeking broad exposure to the U.S. large-cap equity market with a focus on diversification and reduced concentration risk. It could be a core holding in a well-diversified portfolio.