GLOV ETF ANALYSIS

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GLOV ETF FUNDAMENTALS
GLOV ETF PERFORMANCE

GLOV ISSUER

The Goldman Sachs Fund, issuer of the GLOV ETF, employs a strategic investment approach aimed at tracking its underlying index, which is constructed using the patented ActiveBeta® Portfolio Construction Methodology. This methodology focuses on factors such as low volatility, value, momentum, and quality, with an emphasis on low volatility. The Index, comprised of equity securities from developed market issuers including the United States, is rebalanced quarterly and consists of securities with market capitalizations ranging from approximately $277.8 million to $3 trillion across various countries. The Fund's investment strategy involves investing at least 80% of its assets in securities from its underlying index, with a focus on maintaining similar weightings as the components within the Index. While the Fund may concentrate its investments in particular industries, it may also utilize various investment techniques, including purchasing securities not in the Index or adjusting weightings based on the Investment Adviser's discretion.

GLOV DIVIDEND

The GLOV ETF, managed by Goldman Sachs Asset Management, aims to provide investors exposure to dividends through its investment strategy tracking the ActiveBeta® Index. As the fund primarily invests in securities included in its underlying index, which consists of large- and mid-cap equity securities of developed market issuers, including the United States, investors can potentially benefit from dividend income generated by these securities. With a focus on factors such as low volatility, value, momentum, and quality, the fund's underlying index selects securities that exhibit characteristics associated with outperformance relative to market returns, including dividend-paying stocks. Therefore, investors holding shares of GLOV may receive dividend payments based on the dividend yields of the securities held within the fund's portfolio, providing an avenue for potential income generation alongside capital appreciation.

GLOV TRACKING

The GLOV ETF, issued by Goldman Sachs Asset Management, aims to closely track its underlying index, the ActiveBeta® Index, which is constructed using a rules-based methodology emphasizing factors such as low volatility, value, momentum, and quality. The fund invests at least 80% of its assets in securities included in the index, along with depositary receipts representing such securities. With a focus on maintaining similar weightings as the components within the index, GLOV employs various investment techniques to achieve its tracking objective, including purchasing a sample of securities in its index and adjusting weightings based on the Investment Adviser's discretion. By adhering to its investment strategy and periodically rebalancing its portfolio in accordance with the index's published schedule, GLOV seeks to minimize tracking error and provide investors with performance closely aligned with that of its underlying index.

GLOV CORRELATION

The GLOV ETF, managed by Goldman Sachs Asset Management, aims to exhibit a strong correlation with its underlying index, the ActiveBeta® Index. This correlation is achieved through the fund's investment strategy, which focuses on tracking the performance of the index by investing at least 80% of its assets in securities included in the index, along with depositary receipts representing such securities. With the index constructed using a rules-based methodology that emphasizes factors such as low volatility, value, momentum, and quality, GLOV seeks to replicate the index's performance as closely as possible. By utilizing various investment techniques, including purchasing a sample of securities in its index and adjusting weightings based on the Investment Adviser's discretion, the fund aims to minimize tracking error and maintain a high level of correlation with its underlying index over time, providing investors with a reliable tool for exposure to the targeted market segment.

GLOV SECTOR

The GLOV ETF, issued by Goldman Sachs Asset Management, offers investors exposure to a diversified range of sectors through its investment strategy tracking the ActiveBeta® Index. The fund aims to capture the performance of large- and mid-cap equity securities of developed market issuers, including the United States, across various sectors. By investing at least 80% of its assets in securities included in the index, GLOV provides investors with broad sectoral exposure while adhering to the index's construction methodology, which emphasizes factors such as low volatility, value, momentum, and quality. This approach allows investors to gain exposure to sectors such as technology, healthcare, consumer discretionary, financials, and others, providing diversification benefits and potential opportunities for capital appreciation across different segments of the market. Additionally, the fund may concentrate its investments in particular industries to the extent that its underlying index is concentrated, providing investors with exposure to specific sectors that exhibit potential for growth or income generation.

GLOV EXPOSURE

The GLOV ETF, managed by Goldman Sachs Asset Management, offers investors exposure to a diversified portfolio of large- and mid-cap equity securities from developed market issuers, including the United States. The fund's investment objective is to closely track the performance of its underlying index, the ActiveBeta® Index, which is constructed using a rules-based methodology emphasizing factors such as low volatility, value, momentum, and quality. By investing at least 80% of its assets in securities included in the index, along with depositary receipts representing such securities, GLOV provides investors with exposure to a broad range of sectors and geographic regions. This exposure enables investors to potentially benefit from the performance of equity markets while also accessing factors that are commonly associated with stock outperformance relative to market returns. With a focus on minimizing tracking error and maintaining correlation with its underlying index, GLOV offers investors a convenient and efficient means to gain exposure to global equity markets.

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FREQUENTLY ASKED QUESTIONS

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