GTEK ISSUER
The Global X Technology SuperDividend ETF (GTEK) is managed by Global X Management Company LLC, a leading provider of exchange-traded funds with a focus on thematic investing. GTEK is designed to provide exposure to a diversified portfolio of technology companies, both in the United States and internationally, with an emphasis on those with market capitalizations below $100 billion. Global X Management Company LLC defines technology companies broadly, encompassing sectors such as information technology, communication services, internet, direct marketing retail, and healthcare technology.
GTEK DIVIDEND
The GTEK Dividend ETF, while primarily focused on technological innovation, offers investors the opportunity to benefit from dividend distributions. Dividends from this ETF are influenced by the dividend policies and performance of the constituent companies within the technology sector. Dividend distributions typically occur on a regular basis, providing investors with potential income alongside the growth potential of tech-oriented companies in the ETF's portfolio. It's important to review the specific dividend eligibility criteria and distribution schedule outlined by GTEK to make informed investment decisions.
GTEK TRACKING
The GTEK ETF, managed by Goldman Sachs Asset Management, focuses on technology companies with market capitalizations below $100 billion. This actively managed ETF seeks to invest in businesses within the information technology, communication services, internet, direct marketing retail, and healthcare technology industries. GTEK's investment strategy emphasizes companies driving technological innovation or benefiting from technology enablement. It targets companies at various growth stages, from disruptors to mature firms evolving their business models to harness new growth opportunities. GTEK employs fundamental analysis, including ESG factors, to identify high-quality businesses with sustainable growth prospects. The fund is non-diversified, concentrating its investments in information technology industries, and is designed for investors seeking exposure to innovative tech companies.
GTEK CORRELATION
The correlation aspect of the Goldman Sachs ActiveBeta® U.S. Large Cap Equity ETF (GTEK) primarily depends on its holdings in U.S. technology companies. Given its focus on technology firms, GTEK's correlation with the technology sector and the broader U.S. equity market is likely to be significant. Investors often look to GTEK's correlation with other ETFs and assets to assess its potential for diversification and its ability to capture growth in the technology sector. For more detailed insights into GTEK's correlations and to explore its overlap with other ETFs, you can utilize ETF Insider's web app, which offers comprehensive and user-friendly visualizations of correlations among various U.S. ETFs.
GTEK SECTOR
The Goldman Sachs Innovate Equity ETF (GTEK) primarily focuses on the technology sector, investing in both U.S. and non-U.S. technology companies. The fund seeks to identify technology companies that are at various stages of growth and are driving technological innovation or benefiting from it. With an emphasis on businesses with sustainable growth potential, GTEK offers exposure to companies with market capitalizations of less than $100 billion that are poised to disrupt existing markets or serve them more efficiently through technological advancements. This concentrated approach to the technology sector can offer investors the potential for significant growth but comes with higher risk due to its non-diversified nature and focus on emerging and evolving technology companies.
GTEK EXPOSURE
The exposure profile of the Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GTEK) primarily centers around the technology sector and innovative companies. GTEK seeks to invest at least 80% of its net assets in equity investments in both U.S. and non-U.S. technology firms, with a specific focus on companies with market capitalizations under $100 billion. This ETF aims to identify and invest in technology companies that are driving innovation or benefiting from technological advancements, offering potential growth opportunities across various stages of development. GTEK's portfolio may encompass a range of equity instruments, including common stock, preferred stock, ADRs, and more, and it may also invest in companies that have recently gone public. For investors seeking exposure to the dynamic world of technology and innovation, GTEK offers a tailored approach to tap into this market segment. For comprehensive insights into GTEK's holdings, overlaps, and correlations with other ETFs, ETF Insider's web app provides a valuable resource to explore this ETF's exposure and discover valuable data.
5 min read
