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GLOV - AI Analysis
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Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (GLOV)
Rating:71Outperform
Price Target:
$63.00
Positive Factors
Strong Top Holdings
Several of the largest positions, including Microsoft, Nvidia, and Alphabet, have delivered strong year-to-date gains, supporting the ETF's overall performance.
Broad Geographic Exposure
The ETF invests in companies across multiple countries, providing diversification beyond the U.S. market.
Low Expense Ratio
With a competitive expense ratio of 0.25%, this ETF is cost-effective compared to many actively managed funds.
Negative Factors
Heavy U.S. Concentration
Over 70% of the fund's assets are allocated to U.S. companies, which limits exposure to international markets.
Weak Recent Performance
The ETF's one-month performance has been slightly negative, indicating short-term challenges.
Sector Concentration in Technology and Financials
A significant portion of the portfolio is concentrated in Technology and Financial sectors, increasing vulnerability to sector-specific downturns.
GLOV vs. SPDR S&P 500 ETF (SPY)
AUM1.49B
RegionDeveloped Markets
Expense Ratio0.25%
Beta0.64
IssuerGoldman Sachs
Inception DateMar 15, 2022
Dividend Yield1.75%
Asset ClassEquity
Index TrackedGoldman Sachs ActiveBeta World Low Vol Plus Equity Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume64,875
30 Day Avg. Volume70,399
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
63.64Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering444
GLOV Summary
The Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (GLOV) is designed to give investors exposure to a wide range of global companies while focusing on reducing market ups and downs. It follows the Goldman Sachs ActiveBeta World Low Vol Plus Equity Index and includes well-known companies like Apple and Microsoft. This ETF is a good choice for those looking to diversify their investments across different sectors and countries while aiming for steady, long-term growth. However, new investors should know that while it aims to reduce volatility, its performance can still fluctuate with global market trends.
How much will it cost me?The Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (GLOV) has an expense ratio of 0.25%, which means you’ll pay $2.50 per year for every $1,000 invested. This is lower than the average for actively managed ETFs because it uses a systematic strategy to reduce costs while still aiming to deliver strong performance.
What would affect this ETF?The GLOV ETF's focus on developed markets and low-volatility stocks could benefit from stable economic growth and advancements in technology, as its top holdings include major tech companies like Apple and Microsoft. However, rising interest rates or global economic uncertainty could negatively impact its financial sector exposure and overall performance. Regulatory changes in key sectors or geopolitical tensions in developed markets may also pose risks.
GLOV Top 10 Holdings
The GLOV ETF leans heavily into technology and financial sectors, with names like Apple, Microsoft, and Nvidia driving much of its performance. Apple and Microsoft are steady contributors, benefiting from strong growth in AI and cloud services, while Nvidia’s leadership in AI infrastructure has kept it rising despite valuation concerns. On the flip side, Amazon has been lagging, weighed down by mixed technical indicators and challenges in its AWS margins. With a focus on developed markets, the fund’s positioning reflects a bet on innovation and stability, though its sector concentration may amplify risks during tech downturns.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Apple | 3.85% | $57.28M | $4.03T | 21.29% | 80 Outperform | |
| Microsoft | 3.15% | $46.90M | $3.91T | 26.18% | 82 Outperform | |
| Nvidia | 3.14% | $46.66M | $4.93T | 49.55% | 85 Outperform | |
| Walmart | 1.51% | $22.52M | $815.06B | 24.38% | 75 Outperform | |
| Amazon | 1.47% | $21.92M | $2.38T | 23.39% | 74 Outperform | |
| International Business Machines | 1.19% | $17.68M | $289.82B | 48.89% | 77 Outperform | |
| Alphabet Class A | 1.14% | $16.95M | $3.41T | 64.16% | 80 Outperform | |
| Berkshire Hathaway B | 1.08% | $16.11M | $1.03T | 5.83% | 69 Neutral | |
| O'Reilly Auto | 1.07% | $15.95M | $80.58B | 23.77% | 60 Neutral | |
| Alphabet Class C | 1.03% | $15.29M | $3.41T | 63.24% | 80 Outperform |
GLOV Technical Analysis
Positive
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Price Trends
56.52
Positive
55.55
Positive
53.35
Positive
Market Momentum
0.08
Positive
48.98
Neutral
28.67
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For GLOV, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 56.62, equal to the 50-day MA of 56.52, and equal to the 200-day MA of 53.35, indicating a neutral trend. The MACD of 0.08 indicates Positive momentum. The RSI at 48.98 is Neutral, neither overbought nor oversold. The STOCH value of 28.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GLOV.
GLOV Peer Comparison
Comparison Results
Performance Comparison
GLOV
Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF
56.55
7.78
15.95%
URTH
iShares MSCI World ETF
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GCOW
Pacer Global Cash Cows Dividend ETF
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IQSI
IQ Candriam ESG International Equity ETF
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QWLD
SPDR MSCI World StrategicFactors ETF
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RAYD
Rayliant Quantitative Developed Market Equity 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.
Disclaimer
This 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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