Goldman Sachs Innovate Equity ETF (GINN)
| Assets | $488.83M |
| NAV | $62.67 |
| Expense Ratio | 0.50% |
| PE Ratio | 27.83 |
| Shares Out | 7.80M |
| Dividend (ttm) | $0.38 |
| Dividend Yield | 0.60% |
| Ex-Dividend Date | Sep 24, 2021 |
| 1-Year Return | - |
| Volume | 4,572 |
| Open | 62.63 |
| Previous Close | 62.71 |
| Day's Range | 62.09 - 62.72 |
| 52-Week Low | 48.66 |
| 52-Week High | 63.97 |
| Beta | 1.14 |
| Holdings | 470 |
| Inception Date | Nov 6, 2020 |
About GINN
The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive Innovative Global Equity Index. The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities included in its index, in depositary receipts representing securities included in its index and in underlying stocks in respect of depositary receipts included in its index. The index is designed to deliver exposure to companies that may benefit from technological innovation and the resulting changes in the economy across five key themes that are potential drivers of changes in the economy.
Top 10 Holdings
18.60% of assets| Name | Symbol | Weight |
|---|---|---|
| Tesla | TSLA | 2.26% |
| NVIDIA | NVDA | 2.21% |
| Microsoft | MSFT | 2.13% |
| Alphabet | GOOGL | 2.07% |
| Amazon | AMZN | 2.03% |
| Apple | AAPL | 2.02% |
| FB | 1.86% | |
| Alibaba Group | BABA | 1.70% |
| Tencent Holdings Ltd | 700.HK | 1.35% |
| Intel | INTC | 0.97% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 24, 2021 | $0.185 | Sep 30, 2021 |
| Jun 24, 2021 | $0.1045 | Jun 30, 2021 |
| Mar 25, 2021 | $0.048 | Mar 31, 2021 |
| Dec 24, 2020 | $0.04013 | Dec 31, 2020 |
News
GINN Offers Growth and Safety
All that talk about growth stocks disappointing this year is proving inaccurate as the S&P 500 Growth Index is up about 23.1% year-to-date. The Goldman Sachs Innovate Equity ETF (GINN) is among the exch...
How Not to Fret Tech/Treasury Yield Relationship
Market participants frequently evaluate relationships between interest rates and other assets. For example, it's widely believed that financial services stocks are positively correlated to rising 10-yea...
Tech Stocks Aren't Cheap, but This ETF Is Still Fashionable
Technology stocks are rarely inexpensive. That's simply the price of admission for investors looking to access a sector chock full of quality companies and disruptive innovators.
ETF Prime: Dave Nadig On Taxes, Twitter, and More
On this week's episode of ETF Prime, host Nate Geraci speaks with ETF Trends' CIO and Director of Research, Dave Nadig, who discusses Senator Wyden's most recent tax proposal and fields questions from T...
ETFs to Help Prep Your Portfolio for the World of Tomorrow
As we explore the innovation landscape, a comprehensive, global, and forward-thinking exchange traded fund may be the answer to the core issues facing innovation-centric investors in the coming year. In...
GINN's Got the Goods of Quality Disruptive Companies
The S&P 500 Technology Index didn't do much of anything in the third quarter, but that doesn't mean that investors should gloss over exchange traded funds such as the Goldman Sachs Innovate Equity ETF (...
GINN Has Goods for Being Bullish on Tech
The S&P 500 Technology Index is higher by 20.5% year-to-date, an encouraging sign for investors pondering the fate of tech stocks into year-end. With the fourth quarter just a couple of weeks away, it's...
GINN: an Innovative Avenue to Disruptive Growth
Owing to the much-documented rise of 10-year Treasury yields earlier this year, exchange traded funds focusing on disruptive growth equities flailed at the start of 2021. The Goldman Sachs Innovate Equi...
An Umbrella Approach to Thematic Investing
Thematic exchange traded funds are increasingly prominent parts of the broader ETF landscape, and investors have their pick of multi-theme funds and those addressing specific industries and sectors. Iso...
Avoid Defensive Sectors, Grab Growth with ‘GINN'
The growth/value debate is likely to continue raging through year-end, particularly if economic growth shows signs of topping and if Treasury yields remain volatile. However, some market observers belie...
Need More Healthcare Exposure? GINN's Got You Covered
Healthcare innovation isn't the result of the coronavirus pandemic. Nor will it be a relic of the global health crisis, but the concept is getting more attention because of COVID-19.
Go with GINN as Tech Tempts Investors Again
Value equities impressed earlier this year, and while they may resume that trend at some point, it's clear that growth stocks, namely technology fare, are cobbling together some momentum. That should be...
Disruption, Defined: Goldman Sachs on What's Next
Exchange traded fund investors to enhance a traditional portfolio mix should consider the opportunities in high-conviction, disruptive investments. In the recent webcast, Disruptive Innovation: Key Them...
Disruptive Innovation: Key Themes Driving Equity Markets
Technological innovation is disrupting global economies and the companies that drive them. Yet most portfolio construction methodologies focus on traditional sector classifications and market capitaliza...
The GINN ETF: Disruptive Investing in All 11 GICS Sectors
While many thematic exchange traded funds focus on a single investment niche or segment, the pace of disruption and innovation moves at breakneck speed. What's in style today may be out of fashion tomor...
Looking for Innovative Ideas? Game On with ‘GINN'
Breadth and depth are critical when embracing investment strategies purporting to focus on innovative market segments. However, many options in this still-young space are more focused and narrow than in...
New ETF Tracks Thematic Winners
Amplify's ‘MVPS' aims to replicate themes the market thinks will win.
7 Best ETFs to Buy That Will Make Your World a Better Place
When it comes to innovation and making your world a better place, these are the best ETFs to buy to meet your objectives while making money. The post 7 Best ETFs to Buy That Will Make Your World a Bett...
Goldman Launches Active Sustainability ETF
The fund is the first of several to be devoted to disruptive and innovative thematic ideas.
Institutional Interest In Volatile Bitcoin Could Bring Record Highs In 2021
Although short-term profit-taking will likely put pressure on Bitcoin, long-term investors could consider investing in digital assets. The post Institutional Interest In Volatile Bitcoin Could Bring Rec...
Goldman Sachs Takes On 'ARKK' Upstart
The firm has repackaged five ETFs into a single innovation-focused fund.