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ETFs

Goldman Sachs MarketBeta International Equity ETF

GSID
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 12 2020
Expense Ratio
0.20%
Type
Global Ex. US Equities
Fund Owner
Goldman Sachs
Volume (1m avg. daily)
$3,731,817
AUM
$513,614,547
Associated Index
Solactive GBS Developed Markets ex North America Large & Mid Cap Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

NESN
Nestle SA
2.06%
NOVO B
Novo Nordisk - Ordinary Shares - Class B
1.90%
ASML
ASML Holding NV
1.53%
SHEL
Shell Plc
1.41%
7203
Toyota Motor Corporation
1.40%
AZN
Astrazeneca plc
1.33%
MC
Lvmh Moet Hennessy Vuitton SE
1.33%
NOVN
Novartis AG - Registered Shares
1.31%
ROG
Roche Holding AG
1.26%
HSBA
HSBC Holdings plc
1.02%
Invest with GSID

What is GSID?

The Goldman Sachs MarketBeta International Equity ETF (the Fund ) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive GBS Developed Markets ex North America Large & Mid Cap Index(the Index ). The Index consists of equity securities of large and mid-capitalization issuers covering approximately the largest 85% of the free-float market capitalization in developed markets excluding North America. It is calculated as a net total return index in U.S. dollars and weighted by free-float market capitalization.

ETFs related toGSID

ETFs correlated to GSID include EFA, BBIN, IEFA

GSID
Goldman Sachs ETF Trust - Goldman Sachs MarketBeta International Equity ETF
EFA
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE ETF
BBIN
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders International Equity ETF
IEFA
BlackRock Institutional Trust Company N.A. - iShares Core MSCI EAFE ETF
ESGD
iShares Trust - iShares Trust iShares ESG Aware MSCI EAFE ETF
BKIE
BNY Mellon ETF Trust - BNY Mellon International Equity ETF
SCHF
Schwab Strategic Trust - Schwab International Equity ETF
IDEV
iShares Trust - iShares Core MSCI International Developed Markets ETF
VEA
Vanguard Group, Inc. - Vanguard FTSE Developed Markets ETF
DFAI
Dimensional ETF Trust - Dimensional International Core Equity Market ETF
SPDW
SSgA Active Trust - SPDR Portfolio Developed World ex-US 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 toGSID

#DB

Diversification at its Best

Category

Tactical Asset Allocation, Be Risk Aware, Diversification

Risk Rating

Moderate

#PTI

Pick the Trending Index

Category

Momentum, Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

Create your own algorithmic trading strategy with GSID using Composer

FAQ

GSID is a Global Ex. US Equities ETF. The Goldman Sachs MarketBeta International Equity ETF (the Fund ) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive GBS Developed Markets ex North America Large & Mid Cap Index(the Index ). The Index consists of equity securities of large and mid-capitalization issuers covering approximately the largest 85% of the free-float market capitalization in developed markets excluding North America. It is calculated as a net total return index in U.S. dollars and weighted by free-float market capitalization.

GSID tracks the Solactive GBS Developed Markets ex North America Large & Mid Cap Index.

No, GSID 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, GSID 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 GSID is -0.001%. This is the percent change in the value of GSID over the most recent 1-month period. The 3-month return on GSID is -0.0193%. This is the percent change in the value of GSID over the most recent 3-month period.

The standard deviation of GSID for the past year is 0.1704%. 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 GSID include EZU, EEM, and FEZ.

ETFs correlated to GSID include EFA, BBIN, and IEFA.

ETFs that are inversely correlated to GSID include EFZ, EPV, and SH.

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.