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ETFs

Goldman Sachs ActiveBeta International Equity ETF

GSIE
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 06 2015
Expense Ratio
0.25%
Type
Global Ex. US Equities
Fund Owner
Goldman Sachs
Volume (1m avg. daily)
$7,633,982
AUM
$3,191,544,926
Associated Index
Goldman Sachs ActiveBeta International Equity Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
USD U.S. DOLLAR
1.94%
NOVO B
Novo Nordisk - Ordinary Shares - Class B
1.72%
NESN
Nestle SA
1.44%
MC
Lvmh Moet Hennessy Vuitton SE
1.16%
ROG
Roche Holding AG
1.07%
NOVN
Novartis AG - Registered Shares
1.05%
ASML
ASML Holding NV
0.97%
SHEL
Shell Plc
0.96%
AZN
Astrazeneca plc
0.91%
TTE
TotalEnergies SE
0.77%
Invest with GSIE

What is GSIE?

The Goldman Sachs ActiveBeta International Equity ETF (the Fund ) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta International Equity Index (the Index ). The Goldman Sachs ActiveBeta International Equity Index ( the Index ) is designed to deliver exposure to equity securities of developed market issuers outside of the United States. The Index seeks to capture common sources of active equity returns, including value (i.e., how attractively a stock is priced relative to its fundamentals , such as book value or free cash flow), momentum (i.e., whether a company s share price is trending up or down), quality (i.e., profitability) and volatility (i.e., the degree of variability of a company s share price over time). The Index is reconstituted and rebalanced quarterly. It is not possible to invest directly in an unmanaged index.

ETFs related toGSIE

ETFs correlated to GSIE include DFAI, IDEV, SCHF

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

#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 GSIE using Composer

FAQ

GSIE is a Global Ex. US Equities ETF. The Goldman Sachs ActiveBeta International Equity ETF (the Fund ) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta International Equity Index (the Index ). The Goldman Sachs ActiveBeta International Equity Index ( the Index ) is designed to deliver exposure to equity securities of developed market issuers outside of the United States. The Index seeks to capture common sources of active equity returns, including value (i.e., how attractively a stock is priced relative to its fundamentals , such as book value or free cash flow), momentum (i.e., whether a company s share price is trending up or down), quality (i.e., profitability) and volatility (i.e., the degree of variability of a company s share price over time). The Index is reconstituted and rebalanced quarterly. It is not possible to invest directly in an unmanaged index.

GSIE tracks the Goldman Sachs ActiveBeta International Equity Index.

No, GSIE 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, GSIE 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 GSIE is -0.0004%. This is the percent change in the value of GSIE over the most recent 1-month period. The 3-month return on GSIE is -0.0085%. This is the percent change in the value of GSIE over the most recent 3-month period.

The standard deviation of GSIE for the past year is 0.1693%. 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 GSIE include PBW, IGF, and ARKK.

ETFs correlated to GSIE include DFAI, IDEV, and SCHF.

ETFs that are inversely correlated to GSIE 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.