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ETFs

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF

GLOV
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Mar 15 2022
Expense Ratio
0.25%
Type
Global Equities
Fund Owner
Goldman Sachs
Volume (1m avg. daily)
$1,412,166
AUM
$711,641,700
Associated Index
Goldman Sachs ActiveBeta World Low Vol Plus Equity Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

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Apple Inc
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Autozone Inc.
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AMZN
Amazon.com Inc.
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META
Meta Platforms Inc - Ordinary Shares - Class A
0.92%
PEP
PepsiCo Inc
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JNJ
Johnson & Johnson
0.91%
CSCO
Cisco Systems, Inc.
0.87%
Invest with GLOV

What is GLOV?

The Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta World Low Vol Plus Equity Index. ETF follows a performance seeking methodology that aims to acquire stocks based on four well established attributes of performance - good value, strong momentum, high quality and low volatility.

ETFs related toGLOV

ETFs correlated to GLOV include VIG, QUS, TDVG

GLOV
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF
VIG
Vanguard Group, Inc. - Vanguard Dividend Appreciation FTF
QUS
SPDR Series Trust - SPDR MSCI USA StrategicFactors SM ETF
TDVG
T. Rowe Price ExchangeTraded Funds Inc - T. Rowe Price Dividend Growth ETF
URTH
BlackRock Institutional Trust Company N.A. - iShares MSCI World ETF
FDLO
Fidelity Covington Trust - Fidelity Low Volatility Factor ETF
OUSA
OSI ETF Trust - ALPS O'Shares U.S. Quality Dividend ETF
ROUS
Lattice Strategies Trust - Hartford Multifactor US Equity ETF
JQUA
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan U.S. Quality Factor ETF
DGRO
BlackRock Institutional Trust Company N.A. - iShares Core Dividend Growth ETF
GSLC
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta U.S. Large Cap Equity 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 toGLOV

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

#SD

Smarter Dividends

Category

Composer's Picks, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with GLOV using Composer

FAQ

GLOV is a Global Equities ETF. The Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta World Low Vol Plus Equity Index. ETF follows a performance seeking methodology that aims to acquire stocks based on four well established attributes of performance - good value, strong momentum, high quality and low volatility.

GLOV tracks the Goldman Sachs ActiveBeta World Low Vol Plus Equity Index.

No, GLOV 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, GLOV 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 GLOV is 0.0055%. This is the percent change in the value of GLOV over the most recent 1-month period. The 3-month return on GLOV is 0.0047%. This is the percent change in the value of GLOV over the most recent 3-month period.

The standard deviation of GLOV for the past year is 0.1347%. 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 GLOV include PBW, IGF, and ARKK.

ETFs correlated to GLOV include VIG, QUS, and TDVG.

ETFs that are inversely correlated to GLOV include SH, SDS, and SPXS.

Disclaimers

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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.