GTEK

Goldman Sachs Future Tech Leaders Equity ETF

$39.18

+0.00%

Market closed. Last update: 10:52 PM ET

📎 Investment Objective

The Goldman Sachs Future Tech Leaders Equity ETF (GTEK) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive Future Technology Leaders Index.

Overview

ETF tracking Goldman Sachs Future Tech Leaders Equity ETF

Category Technology

Issuer Other

Inception Date 2021-09-16

Market Cap $188.1M

Average Volume N/A

Dividend Yield N/A

52-Week Range $25.78 - $41.39

VWAP $39.55

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests in a portfolio of equity securities of companies that are positioned to benefit from the development and commercialization of new and emerging technology trends, as determined by the index provider. The fund uses a representative sampling strategy to track the index.

✨ Key Features

Exposure to companies at the forefront of new and emerging technology trends
Diversified portfolio across different technology sub-sectors
Passively managed to track the Solactive Future Technology Leaders Index
Low expense ratio of 0.00%

⚠️ Primary Risks

Equity market risk: The value of the fund's investments in equity securities may decline in response to overall stock market conditions
Sector concentration risk: The fund's investments are concentrated in the technology sector, which can be more volatile than the overall market
Emerging technology risk: Companies involved in new and emerging technologies may face heightened competition, regulatory challenges, and rapid product obsolescence
Tracking error risk: The fund may not perfectly track the performance of its underlying index

👤 Best For

The Goldman Sachs Future Tech Leaders Equity ETF may be suitable for investors seeking exposure to companies positioned to benefit from the development and commercialization of new and emerging technology trends. This ETF may be appropriate for investors with a long-term investment horizon and a higher risk tolerance, as the technology sector can be more volatile than the overall market.