Innovate Equity ETF (GINN)
| Assets | $219.90M |
| Expense Ratio | 0.50% |
| PE Ratio | 23.29 |
| Shares Out | 3.25M |
| Dividend (ttm) | $0.77 |
| Dividend Yield | 1.14% |
| Ex-Dividend Date | Dec 23, 2024 |
| Payout Frequency | Semi-Annual |
| Payout Ratio | 26.72% |
| Volume | 1,126 |
| Open | 68.00 |
| Previous Close | 67.55 |
| Day's Range | 67.98 - 68.06 |
| 52-Week Low | 50.32 |
| 52-Week High | 68.06 |
| Beta | 1.13 |
| Holdings | 479 |
| Inception Date | Nov 6, 2020 |
About GINN
Fund Home PageThe Innovate Equity ETF (GINN) is an exchange-traded fund that is based on the Solactive Innovative Global Equity index. The fund selects companies globally, believed to benefit from technological innovation and changes in the economy across five themes: data, finance, human evolution, manufacturing, and shifts with consumers. GINN was launched on Nov 6, 2020 and is issued by Goldman Sachs.
Top 10 Holdings
16.21% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 2.48% |
| Amazon.com, Inc. | AMZN | 2.09% |
| Microsoft Corporation | MSFT | 2.04% |
| Alphabet Inc. | GOOGL | 1.97% |
| Apple Inc. | AAPL | 1.87% |
| Meta Platforms, Inc. | META | 1.87% |
| Tencent Holdings Limited | 0700 | 1.22% |
| Tesla, Inc. | TSLA | 1.04% |
| Broadcom Inc. | AVGO | 0.85% |
| Intel Corporation | INTC | 0.78% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2024 | $0.7748 | Dec 30, 2024 |
| Dec 26, 2023 | $0.53174 | Jan 2, 2024 |
| Dec 27, 2022 | $0.05471 | Dec 30, 2022 |
| Sep 26, 2022 | $0.01904 | Sep 30, 2022 |
| Jun 24, 2022 | $0.12514 | Jun 30, 2022 |
| Mar 25, 2022 | $0.08369 | Mar 31, 2022 |
Performance
GINN had a total return of 20.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.07%.
News
GINN: Why I'm Not Buying
The Goldman Sachs Innovate Equity ETF aims to profit from technological breakthroughs, but has underperformed compared to broader market indexes since its inception. GINN's top holdings resemble a sta...
GINN: An Innovation Fund With Strong Portfolio Construction
Goldman Sachs Innovate Equity ETF seeks to invest in innovative businesses at the forefront of technological disruption. The GINN ETF has low weightings at the top, providing diversification and reduc...
3 Strong Innovation Growth Funds For 2022
Innovation growth funds focus on innovative, high-growth companies with the potential for market-beating returns. These funds underperformed during 2021, but are better positioned for a strong 2022.
GINN: Safest Innovation Growth Fund, Strong Potential Returns
GINN is an innovation growth index ETF. The fund's holdings are quite diversified, with strong investments in safe mega-cap tech stocks, and riskier small-cap growth equities.
Best Innovation Growth Funds For 2021
Best Innovation Growth Funds For 2021
GINN: Strong Diversified Innovation ETF
I've covered several innovation growth funds in the recent past. Most exclusively invest in speculative companies, and so are very risky funds, and inappropriate for most retirees or income investors.