GPAL
Goldman Sachs ActiveBeta Paris-Aligned US Large Cap Equity ETFGPAL Fund Description
GPAL tracks an index of tier-weighted US large-cap stocks comprising four factor sub-indices: value, momentum, quality, and low volatility. Holdings are screened and reweighted based on ESG criteria in line with the Paris Climate Agreement’s carbon reduction goals.
GPAL Factset Analytics Insight
GPAL is a passively managed fund that combines Goldman Sachs’ ActiveBeta strategy with ESG screens that are aligned with the goals of the Paris Climate Agreement, that is to combat climate change and its long-term effects. To construct the portfolio, the fund initially narrows down its reference index (Solactive US Large Cap Index) by removing companies involved in controversial industries such as weapons, tobacco, and fossil fuels. In addition, firms that are deemed non-compliant with the UN Global Compact principles are also excluded. Remaining securities are assigned with a factor score in order to create four sub-indices focusing on: value, momentum, quality, and low volatility. These four sub-indices are then combined in equal weights to form the Factor Diversity Portfolio. Final security weights are adjusted in accordance with the fund’s target greenhouse gas emission intensity, low carbon impact, and overall factor exposures. The index rebalances quarterly.
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GPAL Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of GPAL. GPAL is rated a N/A out of 5.
GPAL Tradability
GPAL Sector/Industry Breakdown
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GPAL Top 10 Holdings[View All]
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GPAL Benchmark Comparison Summary
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GPAL Benchmark Comparison Market Cap Size
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Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.