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GSID - AI Analysis
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Goldman Sachs MarketBeta International Equity ETF (GSID)
Rating:66Neutral
Price Target:
$73.00
Positive Factors
Strong Top Holdings
Several of the ETF's largest positions, such as ASML Holding NV and Nestlé SA, have delivered strong year-to-date performance, supporting overall fund returns.
Global Diversification
The ETF has exposure to multiple countries, including Japan, the UK, and France, which helps reduce reliance on any single market.
Low Expense Ratio
With an expense ratio of 0.2%, the ETF is cost-efficient compared to many actively managed funds, allowing investors to keep more of their returns.
Negative Factors
Lagging Holdings
Some top holdings, such as SAP SE and Toyota Motor, have underperformed year-to-date, potentially dragging on the fund's overall performance.
Sector Concentration in Financials
The ETF has significant exposure to the financial sector, which makes up over 21% of the portfolio, increasing vulnerability to sector-specific risks.
Limited U.S. Exposure
With only 6.2% of the portfolio allocated to U.S. companies, the ETF may miss out on opportunities in the world's largest economy.
GSID vs. SPDR S&P 500 ETF (SPY)
AUM879.32M
RegionDeveloped Markets
Expense Ratio0.20%
Beta0.75
IssuerGoldman Sachs
Inception DateMay 12, 2020
Dividend Yield2.61%
Asset ClassEquity
Index TrackedSolactive GBS Developed Markets ex North America Large & Mid Cap USD Index NTR
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume78,106
30 Day Avg. Volume26,153
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
73.64Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering908
GSID Summary
The Goldman Sachs MarketBeta International Equity ETF (GSID) is an investment fund that focuses on international stocks outside of North America, following the Solactive GBS Developed Markets ex North America Index. It includes companies from countries like Japan, the UK, and Germany, and covers various industries such as financials, technology, and healthcare. Some well-known companies in the ETF are Toyota Motor and Nestlé. This ETF could be a good choice for investors looking to diversify their portfolio with global exposure. However, new investors should know that its performance depends on international markets, which can be affected by currency fluctuations and global economic conditions.
How much will it cost me?The Goldman Sachs MarketBeta International Equity ETF (GSID) has an expense ratio of 0.20%, which means you’ll pay $2 per year for every $1,000 invested. This is lower than average for ETFs because it is passively managed, tracking an index rather than relying on active management strategies.
What would affect this ETF?Positive drivers for GSID could include strong growth in developed markets outside North America, particularly in sectors like financials and industrials, which make up a significant portion of the ETF's holdings. However, negative factors such as rising interest rates or economic slowdowns in these regions could impact corporate earnings and investor sentiment, especially for top holdings like ASML and Nestlé. Additionally, regulatory changes in key countries or global trade tensions could create uncertainty for the ETF's performance.
GSID Top 10 Holdings
The Goldman Sachs MarketBeta International Equity ETF (GSID) leans heavily into developed markets outside North America, with a notable focus on financials and industrials. ASML Holding NV shines as a key driver, benefiting from strong revenue growth and profitability, while Nestlé and AstraZeneca offer steady contributions with their stable financials and strategic initiatives. On the flip side, SAP has been lagging, weighed down by valuation concerns and recent mixed performance. Overall, the fund’s diverse sector exposure provides balance, though its reliance on financials and industrials may amplify sensitivity to economic cycles.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| ASML Holding NV | 2.01% | $17.71M | €351.20B | 38.18% | 78 Outperform | |
| SAP SE | 1.38% | $12.13M | €261.78B | 4.56% | 73 Outperform | |
| Nestlé SA | 1.27% | $11.19M | CHF198.32B | 2.56% | 65 Neutral | |
| AstraZeneca | 1.22% | $10.72M | £194.71B | 7.56% | 75 Outperform | |
| HSBC Holdings | 1.20% | $10.57M | £184.65B | 52.00% | 79 Outperform | |
| Novartis AG | 1.17% | $10.29M | CHF187.47B | 3.69% | 78 Outperform | |
| Roche Holding AG | 1.14% | $10.05M | CHF208.68B | 3.87% | 73 Outperform | |
| Shell (UK) | 1.09% | $9.64M | £165.60B | 14.14% | 77 Outperform | |
| Toyota Motor | 1.08% | $9.54M | ¥41.00T | 17.17% | 81 Outperform | |
| Siemens | 1.05% | $9.23M | €192.47B | 35.64% | 74 Outperform |
GSID Technical Analysis
Positive
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Price Trends
66.49
Positive
64.94
Positive
61.35
Positive
Market Momentum
0.42
Negative
54.87
Neutral
72.72
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For GSID, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 67.33, equal to the 50-day MA of 66.49, and equal to the 200-day MA of 61.35, indicating a bullish trend. The MACD of 0.42 indicates Negative momentum. The RSI at 54.87 is Neutral, neither overbought nor oversold. The STOCH value of 72.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GSID.
GSID Peer Comparison
Comparison Results
Performance Comparison
GSID
Goldman Sachs MarketBeta International Equity ETF
67.58
13.01
23.84%
DDWM
WisdomTree Dynamic Currency Hedged International Equity Fund
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QEFA
SPDR MSCI EAFE StrategicFactors ETF
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JHMD
John Hancock Multifactor Developed International ETF
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IQDG
WisdomTree International Quality Dividend Growth Fund
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DMXF
iShares ESG Advanced MSCI EAFE 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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