Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$100.75
- Net Assets:$0 Million
- NAV:$101.6
- Premium-0.84%
- Peer Rank:118 of 559
- Investment Rating:B+
- Performance:B+
- RiskC+
We rate Goldman Sachs ActiveBeta US LC Eqty at B+. Positive factors that influence this rating include a well above average total return, low price volatility, low expense structure and long term portfolio management tenure. The fund may be considered for investors seeking a Growth - Domestic strategy.
Total return ranks very high in comparison with peers over the last three years. The Goldman Sachs ActiveBeta US LC Eqty has returned an annual rate of 13.02% since inception. More recently, the fund has generated a total return of 14.25% in the last five years, 11.14% in the last three years, and 28.21% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 91% of them. It has also outpaced 88% of its competitors on a three year basis and 88% of them over the last year for the period ending 2/29/2024. On a year to date basis, GSLC has returned 8.26%.
Downside risk has been below average. GSLC has a draw down risk of -25.35%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 17.7%. This fund has had moderate volatility in its monthly performance over the last 36 months.
Low expense ratio helps performance. As GSLC is an exchange traded fund, it has no front end or back end load.
The Goldman Sachs ActiveBeta US LC Eqty is managed by Raj Garigipati at Goldman Sachs Asset Management LP. This fund is one of 24 Goldman Sachs Asset Management LP exchange-traded funds launched since 3/12/2013 that we track.