GVUS

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF

$52.58
+0.00%
Market closed. Last update: 4:17 AM ET

📎 Investment Objective

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

Overview

ETF tracking Goldman Sachs MarketBeta Russell 1000 Value Equity ETF

Category Commodities
Issuer Other
Inception Date 2023-11-30
Market Cap $368.1M
Average Volume N/A
Dividend Yield 1.87%
52-Week Range $42.81 - $53.43
VWAP $52.77

Performance

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Investment Summary

📎 Investment Objective

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

🎯 Investment Strategy

The ETF invests in a representative sample of the securities included in the Russell 1000 Value Index, which measures the performance of the large-cap value segment of the U.S. equity market. The fund's portfolio is designed to have similar characteristics to the index in terms of key factors such as industry weightings, market capitalization, and valuation metrics.

✨ Key Features

  • Seeks to track the performance of the Russell 1000 Value Index, which focuses on large-cap U.S. companies with lower price-to-book ratios and lower expected growth values.
  • Diversified portfolio of value-oriented stocks across a range of industries and sectors.
  • Low expense ratio of 0.00% makes it a cost-effective way to gain exposure to the large-cap value segment of the U.S. equity market.
  • Passively managed index fund, which may provide more stable and predictable returns compared to actively managed funds.

⚠️ Primary Risks

  • Market risk: The value of the ETF's holdings may decline due to general market conditions or other factors.
  • Tracking error risk: The fund may not perfectly track the performance of the underlying index due to various factors.
  • Concentration risk: The fund's performance may be more volatile due to its focus on the large-cap value segment of the market.
  • Liquidity risk: The ETF may experience lower trading volumes, which could impact its ability to buy or sell securities at desired prices.

👤 Best For

The Goldman Sachs MarketBeta Russell 1000 Value Equity ETF may be suitable for long-term investors seeking exposure to the large-cap value segment of the U.S. equity market as part of a diversified portfolio. It may be particularly appealing to investors who prefer a low-cost, passively managed approach to gain broad exposure to value-oriented stocks.