GINNGoldman Sachs Innovate Equity ETF
GINN Fund Description
GINN tracks an index that selects companies globally, believed to benefit from technological innovation and changes in the economy across five themes: data, finance, human evolution, manufacturing, and shifts with consumers.
GINN Factset Analytics Insight
GINN launches out of the consolidation of five thematic ETFs: New Age Consumer, Data-Driven World, Human Evolution, Finance Reimagined, and Manufacturing Revolution. (Total assets at launch were $307,712,434 with shares outstanding 6,150,000). An algorithm screens public information and company filings for key words tied to any one of the five themes and related sub-themes. Securities are scored and ranked for relevance to a sub-theme, with the top 50 being eligible for index inclusion. Relevance scores for all sub-themes are combined to calculate each company’s overall score. The top 100 companies with the highest scores, from each of the five themes, are included in the underlying index. Holdings are weighted in the index according to a combination of market cap and thematic beta calculation, subject to a 2% capping. The objective is to weight towards stocks with higher relevance yet provide an equal weighting to each theme. The index is rebalanced quarterly.
GINN MSCI ESG Analytics Insight
Goldman Sachs Innovate Equity ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.48 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Goldman Sachs Innovate Equity ETF ranks in the 32nd percentile within its peer group and in the 8th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
GINN MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
GINN Summary Data
GINN Portfolio Data
GINN Index Data
GINN Portfolio Management
GINN Tax Exposures
GINN Fund Structure
GINN Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of GINN. GINN is rated a 5 out of 5.
GINN Economic Development
GINN Performance Statistics
GINN MSCI ESG Ratings
GINN Benchmark Comparison Summary
GINN Benchmark Comparison Market Cap Size