GINN - ETF AI Analysis
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Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN)
Rating:69Neutral
Price Target:―
Positive Factors
Strong Year-To-Date Results
The fund has delivered positive year-to-date performance, showing that its strategy has worked reasonably well so far this year.
Leading Tech and Innovation Names
Top holdings include several well-known technology and growth companies that have shown strong or improving performance, which can help drive the ETF’s returns.
Global Diversification
While the ETF is mostly invested in U.S. stocks, it also holds companies from several other major markets, helping spread country-specific risk.
Negative Factors
Mixed Performance Among Top Holdings
Some of the largest positions have recently shown weak or negative performance, which can drag on the fund even when other holdings are doing well.
Heavy Tilt Toward Technology
A large share of the portfolio is in the technology sector, which can make the ETF more sensitive to swings in tech stocks and investor sentiment toward growth companies.
Moderate Expense Ratio
The fund’s fees are not especially low, so costs may take a noticeable bite out of long-term returns compared with cheaper index ETFs.
GINN vs. SPDR S&P 500 ETF (SPY)
AUM207.57M
RegionGlobal
Expense Ratio0.50%
Beta1.10
IssuerGoldman Sachs
Inception DateNov 06, 2020
Dividend Yield1.2%
Asset ClassEquity
Index TrackedSolactive Innovative Global Equity Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume4,173
30 Day Avg. Volume5,532
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
92.43Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering474
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
GINN Summary
The Goldman Sachs Innovate Equity ETF (GINN) tracks the Solactive Innovative Global Equity Index and focuses on companies driving new ideas in technology, healthcare, and other cutting-edge areas. It holds many well-known names such as Amazon and Apple, along with other global innovators. An investor might choose this ETF to seek long-term growth and to get broad exposure to many innovative companies in a single investment. However, because it leans heavily toward fast-growing tech and innovation stocks, its price can be quite volatile and may go up and down more than the overall market.
How much will it cost me?The Goldman Sachs Innovate Equity ETF (GINN) has an expense ratio of 0.50%, which means you’ll pay $5 per year for every $1,000 invested. This is slightly higher than average for ETFs because it is actively managed to focus on innovative companies across multiple sectors. The higher cost reflects the specialized strategy and research involved in selecting these forward-thinking investments.
What would affect this ETF?The Goldman Sachs Innovate Equity ETF (GINN) could benefit from continued advancements in technology, healthcare, and renewable energy, as these sectors are key drivers of global innovation and are heavily represented in its portfolio. However, the ETF may face challenges from rising interest rates, which can negatively impact growth-oriented companies, and regulatory changes in major markets like the U.S. and China, where many of its top holdings operate. Global economic conditions and geopolitical tensions could also influence the performance of this ETF, given its broad geographic exposure.
GINN Top 10 Holdings
GINN is riding the global innovation wave on the backs of Big Tech and chip leaders. Nvidia, Amazon, and Alphabet have been rising, giving the fund much of its recent spark, while Broadcom adds extra fuel from the semiconductor side. Intel has turned into a surprise standout, shifting from old-guard chipmaker to one of the fund’s brighter spots. On the flip side, Tesla and Tencent are dragging performance, and Microsoft and Apple look more mixed. Overall, it’s a tech-heavy, globally diversified bet on digital and AI-driven growth.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Amazon | 2.53% | $5.25M | $2.93T | 45.99% | 71 Outperform | |
| Alphabet Class A | 2.32% | $4.82M | $4.62T | 133.39% | 85 Outperform | |
| Nvidia | 2.09% | $4.34M | $4.82T | 74.38% | 76 Outperform | |
| Microsoft | 2.02% | $4.18M | $3.07T | -5.17% | 79 Outperform | |
| Intel | 1.95% | $4.05M | $481.39B | 372.52% | 64 Neutral | |
| Apple | 1.95% | $4.04M | $4.06T | 39.19% | 79 Outperform | |
| Tesla | 1.87% | $3.87M | $1.47T | 40.05% | 73 Outperform | |
| Meta Platforms | 1.54% | $3.19M | $1.55T | 1.86% | 76 Outperform | |
| Tencent Holdings | 1.07% | $2.22M | HK$4.28T | -4.46% | 75 Outperform | |
| Broadcom | 1.01% | $2.09M | $1.97T | 107.50% | 76 Outperform |
GINN Technical Analysis
Positive
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Price Trends
71.76
Positive
72.89
Positive
72.22
Positive
Market Momentum
1.30
Negative
68.61
Neutral
95.54
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For GINN, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 74.21, equal to the 50-day MA of 71.76, and equal to the 200-day MA of 72.22, indicating a bullish trend. The MACD of 1.30 indicates Negative momentum. The RSI at 68.61 is Neutral, neither overbought nor oversold. The STOCH value of 95.54 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GINN.
GINN Peer Comparison
Comparison Results
Performance Comparison
GINN
Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF
77.08
17.69
29.79%
IVES
Dan IVES Wedbush AI Revolution ETF
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ILDR
First Trust Innovation Leaders ETF
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TMAT
Main Thematic Innovation ETF
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SPRX
Spear Alpha ETF
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YNOT
Horizon Digital Frontier ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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