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ETFs

Goldman Sachs Access Investment Grade Corporate Bond ETF

GIGB
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 08 2017
Expense Ratio
0.14%
Type
US Bonds
Fund Owner
Goldman Sachs
Volume (1m avg. daily)
$1,873,299
AUM
$624,334,680
Associated Index
FTSE Goldman Sachs Investment Grade Corporate Bond Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
American Express 3 % Notes 2017-30.10.24 Global
0.46%
MS4979757
MORGAN STANLEY
0.46%
ORCL52
Oracle Corp. - 6.90% NT REDEEM 09/11/2052 USD 2000
0.42%
ABBV25
Abbvie Inc - 3.60% NT REDEEM 14/05/2025 USD 2000
0.40%
MS5344014
MORGAN STANLEY
0.39%
CI/25
Cigna Group (The) - 4.125% NT REDEEM 15/11/2025 USD
0.39%
MS32
Morgan Stanley - FXDFR NT REDEEM 13/02/2032 USD 1000
0.37%
BUD/46A
Anheuser-Busch InBev Finance Inc. - 4.90% NT REDEEM 01/02/2046 USD 1000
0.34%
ORCL32
Oracle Corp. - 6.25% NT REDEEM 09/11/2032 USD 2000
0.34%
FGTXX
GS TRUST - GS FINANCIAL S
0.34%
Invest with GIGB

What is GIGB?

The Fund seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Goldman Sachs Investment Grade Corporate Bond Index (the Index ). The index employs a simple, transparent process that is designed to identify an investible universe, then eliminates issuers with relative deteriorating fundamentals to offer exposure to existing sector or market beta.

ETFs related toGIGB

ETFs correlated to GIGB include VCEB, LQD, QLTA

GIGB
Goldman Sachs ETF Trust - Goldman Sachs Access Investment Grade Corporate Bond ETF
VCEB
Vanguard Group, Inc. - Vanguard ESG U.S. Corporate Bond ETF
LQD
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD Investment Grade Corporate Bond ETF
QLTA
BlackRock Institutional Trust Company N.A. - iShares Aaa - A Rated Corporate Bond ETF
SUSC
iShares Trust - iShares Trust iShares ESG Aware USD Corporate Bond ETF
VTC
Vanguard Group, Inc. - Vanguard Total Corporate Bond ETF
SPLB
SSgA Active Trust - SPDR Portfolio Long Term Corporate Bond ETF
CORP
Pimco Exchange Traded Fund - PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
SPBO
SPDR Series Trust - SPDR Portfolio Corporate Bond ETF
IGLB
BlackRock Institutional Trust Company N.A. - iShares 10 Year Investment Grade Corporate Bond ETF
DYLD
Two Roads Shared Trust - LeaderShares Dynamic Yield ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toGIGB

#SD

Smarter Dividends

Category

Composer's Picks, Investing for the Long-Term

Risk Rating

Moderate

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with GIGB using Composer

FAQ

GIGB is a US Bonds ETF. The Fund seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Goldman Sachs Investment Grade Corporate Bond Index (the Index ). The index employs a simple, transparent process that is designed to identify an investible universe, then eliminates issuers with relative deteriorating fundamentals to offer exposure to existing sector or market beta.

GIGB tracks the FTSE Goldman Sachs Investment Grade Corporate Bond Index.

No, GIGB is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, GIGB is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on GIGB is -0.0129%. This is the percent change in the value of GIGB over the most recent 1-month period. The 3-month return on GIGB is -0.0288%. This is the percent change in the value of GIGB over the most recent 3-month period.

The standard deviation of GIGB for the past year is 0.0908%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to GIGB include IGSB, VCIT, and VCSH.

ETFs correlated to GIGB include VCEB, LQD, and QLTA.

ETFs that are inversely correlated to GIGB include TBX, TTT, and TBF.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.