GSLC | Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

GSLC ISSUER

The Goldman Sachs Fund, issuer of the GSLC ETF, aims to fulfill its investment objective by primarily allocating at least 80% of its assets to securities included in its underlying index, which focuses on large capitalization U.S. issuers. Utilizing the patented ActiveBeta® Portfolio Construction Methodology, the index is structured to capture factors associated with stock outperformance relative to market returns, including value, momentum, quality, and low volatility. This methodology involves two main steps: firstly, individual factor subindexes are formed based on specific measurements, with securities either overweighted or underweighted relative to a reference index according to their factor scores. Secondly, these factor subindexes are combined in equal weights to constitute the index. Rebalancing occurs quarterly, with a focus on minimizing turnover. As of December 1, 2023, the index comprised 450 securities with varying market capitalizations. The fund seeks to mirror the index's composition and weightings, though deviations may occur due to the Investment Adviser's discretion, potentially including underweighting or overweighting securities or investing in assets not included in the index. Additionally, the fund may concentrate its investments in specific industries if reflected in the index.

GSLC DIVIDEND

The Goldman Sachs ActiveBeta® U.S. Large Cap Equity ETF (GSLC) typically distributes dividends to its investors. The dividends are generated from the income earned by the underlying securities within the ETF's portfolio, primarily consisting of large-cap U.S. issuers. As GSLC follows a rules-based methodology in constructing its index, which includes dividend-paying stocks, investors can expect periodic dividend distributions from the fund. However, the exact amount and frequency of dividend payments may vary depending on factors such as the performance of the underlying securities, dividend policies of the companies within the index, and the ETF's expense ratio. Investors should consult the fund's prospectus or their financial advisor for specific information regarding GSLC's dividend distributions

GSLC TRACKING

The Goldman Sachs ActiveBeta® U.S. Large Cap Equity ETF (GSLC) aims to closely track the performance of its underlying index, which is designed to provide exposure to large capitalization U.S. issuers. Utilizing the ActiveBeta® Portfolio Construction Methodology, the index incorporates factors such as value, momentum, quality, and low volatility to potentially enhance returns compared to traditional market-cap weighted indices. GSLC employs a rules-based approach to replicate the index's composition and weightings, with periodic rebalancing to maintain alignment with the index. The fund utilizes various techniques to minimize tracking error, such as purchasing a sample of securities in the index, adjusting weightings as necessary, and employing risk management strategies. While GSLC seeks to track its index's performance closely, factors such as transaction costs, market fluctuations, and fund expenses may result in slight deviations from the index's returns over time. Investors should review the fund's prospectus and performance reports for detailed information on GSLC's tracking performance.

GSLC CORRELATION

The Goldman Sachs ActiveBeta® U.S. Large Cap Equity ETF (GSLC) typically exhibits a strong correlation with its underlying index, which is designed to represent the performance of large capitalization U.S. issuers. Given GSLC's objective to closely track its index, its performance generally mirrors that of the index over time. The correlation between GSLC and its index is influenced by factors such as the fund's replication methodology, including periodic rebalancing and adjustments to maintain alignment with the index's composition and weightings. However, while GSLC aims to track its index closely, there may be instances where factors such as transaction costs, market fluctuations, and fund expenses contribute to deviations in performance and correlation. Investors interested in understanding the correlation between GSLC and its underlying index should review historical performance data, as well as the fund's prospectus and performance reports, which provide insights into the fund's tracking accuracy and correlation with its benchmark index.

GSLC SECTOR

The sector allocation of the Goldman Sachs ActiveBeta® U.S. Large Cap Equity ETF (GSLC) is primarily determined by the composition of its underlying index, which focuses on large capitalization U.S. issuers. As such, GSLC provides exposure to various sectors represented within the U.S. equity market. The specific sector weights within GSLC may vary over time based on changes in the index's composition and weightings, as well as market dynamics. However, since GSLC aims to closely track its underlying index, its sector allocation generally reflects the sector composition of the index. Investors interested in understanding GSLC's sector allocation can review the fund's periodic reports, which provide detailed information on the weightings of different sectors within the ETF's portfolio. Additionally, the fund's prospectus and fact sheet may offer insights into its sector exposure and diversification strategy.

GSLC EXPOSURE

The Goldman Sachs ActiveBeta® U.S. Large Cap Equity ETF (GSLC) provides exposure to a diversified portfolio of large capitalization U.S. issuers. Through its underlying index, GSLC aims to capture the performance of the broad U.S. equity market, while utilizing the ActiveBeta® Portfolio Construction Methodology to enhance potential returns by incorporating factors such as value, momentum, quality, and low volatility. As a result, GSLC offers investors exposure to various segments of the U.S. economy across different sectors and industries, including technology, healthcare, financials, consumer goods, and more. The ETF's exposure is structured to closely track its underlying index, with periodic rebalancing to maintain alignment with the index's composition and weightings. Investors seeking diversified exposure to large-cap U.S. stocks with potential for enhanced returns may consider GSLC as part of their investment strategy.