Goldman Sachs Innovate Equity ETF (GINN)
| Assets | $335.65M |
| Expense Ratio | 0.50% |
| PE Ratio | 23.14 |
| Shares Out | n/a |
| Dividend (ttm) | $0.05 |
| Dividend Yield | 0.11% |
| Ex-Dividend Date | Dec 27, 2022 |
| Payout Ratio | 2.56% |
| 1-Year Return | +16.65% |
| Volume | 42,703 |
| Open | 49.76 |
| Previous Close | 49.39 |
| Day's Range | 49.33 - 49.86 |
| 52-Week Low | 39.76 |
| 52-Week High | 51.80 |
| Beta | n/a |
| Holdings | 471 |
| Inception Date | Nov 6, 2020 |
About GINN
Fund Home PageThe Goldman Sachs 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
15.25% of assets| Name | Symbol | Weight |
|---|---|---|
| Apple Inc. | AAPL | 2.07% |
| Amazon.com, Inc. | AMZN | 2.00% |
| Microsoft Corporation | MSFT | 1.99% |
| NVIDIA Corporation | NVDA | 1.95% |
| Alphabet Inc. | GOOGL | 1.91% |
| Meta Platforms, Inc. | META | 1.48% |
| Intel Corporation | INTC | 1.07% |
| Tesla, Inc. | TSLA | 1.00% |
| Advanced Micro Devices, Inc. | AMD | 0.94% |
| Alibaba Group Holding Limited | BABA | 0.84% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2022 | $0.05471 | Jan 3, 2023 |
| Sep 26, 2022 | $0.01904 | Sep 30, 2022 |
| Jun 24, 2022 | $0.12514 | Jun 30, 2022 |
| Mar 25, 2022 | $0.08369 | Mar 31, 2022 |
| Dec 27, 2021 | $0.06749 | Dec 31, 2021 |
| Sep 24, 2021 | $0.18549 | Sep 30, 2021 |
News
AI's Future Is Fast Approaching
While bonds have been the hottest ETF asset class in 2023, for the broader investment community, this is the year of AI investing. Just as many people no longer spell out “exchange traded funds” for E...
Is GINN Now in the Bargain Bin?
Harsh treatment of growth stocks this year is trying investors' patience, but the silver lining is that an assortment of stocks that are usually richly valued now look the opposite. Some exchange trad...
GINN Has Goods for Bear Market Protection
Stocks recently slipped into a bear market as highlighted by a year-to-date decline of 20% for the S&P 500. Some benchmarks are performing significantly worse than that.
Here's What Can Stabilize Growth Stocks
This year, disruptive growth stocks are being, well, disrupted by a hostile interest rate and recession fears, among other factors. Those near-term headwinds run counter to what remain compelling long...
An ETF With Strong Balance Sheet Stocks, Long-Term Opportunities
In this market environment, investors of all stripes should be prioritizing companies with strong balance sheets. For those with longer time horizons, evaluating some beaten-up names with disruptive g...
An ETF With Plenty of Disruptive Tech Vibes
Technology and disruptive growth are investing concepts that market participants aren't particularly fond of at the moment. However, they should be cautious about throwing babies out with the bathwate...
GINN Increases as Major U.S. Indexes Rally
The Goldman Sachs Innovate Equity ETF (GINN) is up over 3% by mid-afternoon Thursday as all major U.S. indexes rally. U.S. stock indexes increased in a broad-based rally on Thursday after upbeat annu...
Disruptive Technology Investing Is Rebounding
Disruptive technology is back in the spotlight, with well-known funds such as the ARK Innovation ETF (ARKK) and the Goldman Sachs Innovate Equity ETF (GINN) raking in double digit returns over the pas...
GINN Alluring as Tech Outlook Remains Impressive
Investors are understandably jittery about the technology sector's disappointing start to 2022, but it often pays to take a step back and see the forest through the trees. Patient investors can capita...
It Could Be Near Time to Revisit Tech Stocks
Value stocks are holding up well to start 2022, while growth and technology fare are presenting investors with more questions than answers. However, some market observers say that there are good deals...
This ETF Has Surprising Sustainability Credibility
Sustainability is an increasingly prominent investment. So is investing with the intent of identifying innovative and disruptive companies with attractive growth traits.
Tech Could Surprise Even as Rates Rise
Citing high inflation and a strong labor market, the Federal Reserve signaled on Wednesday that interest rate increases are coming “soon.” Predictably, that was enough to send stocks lower, though the...
GINN Opportunity Knocking After Tech Sell-Off
A combination of markets pricing in slowing economic growth and rising interest rates is pinching growth and technology stocks this month, but for astute investors, the retrenchment could ultimately p...
GINN Has Goods for More Big Tech Upside
Apple (NASDAQ:AAPL) recently hit a market capitalization of $3 trillion, stoking some talk of when the iPhone maker will ascend to the $4 trillion club. There's also chatter about when Microsoft (NASD...
Nibble at Cloud Stocks With This ETF
Cloud computing stocks endured a rough fourth quarter, and the group's start to 2022 is proving to be comparably unpleasant as an array of tech stocks are scuffling early in the new year. However, som...
GINN Could Be Grand in 2022
Technology wasn't the best-performing sector in the S&P 500 last year, but the group turned in another impressive showing, and there's no shortage of enthusiasm for tech stocks and the related exchang...
Go With GINN as High-Margin Companies Remain Fashionable
Profitability is likely to be a marquee theme in 2022 as investors eschew junkier equities in favor of quality fare. An extension of that theme is embracing high-margin firms.
GINN Has the Goods for an Eventful 2022
With 2022 right around the corner, plenty of market observers and pundits are opining on what the new year will bring for equities. High up on the laundry list of concerns are inflation and bubble spe...
If Growth Slows, Lean Into This Growth ETF
The recent emergence of the Omicron variant of the coronavirus is sparking fears that global economic growth could slow — something that many economists are forecasting is likely to happen in 2022 reg...
Tech Still Tempting for All the Right Reasons
There's still a lot to like with the technology sector, and the even better news is that those points of allure are rooted in sound fundamentals. That's good news for exchange traded funds like the Go...
Some Popular Tech Stocks Aren't as Pricey as Investors Think
For all the chatter earlier this year about rising 10-year Treasuries weighing on growth stocks, the group is poised for another impressive annual showing. Not surprisingly, the same goes for the tech...
Worried About Slowing Growth? This ETF Offers Protection
Whether it's slower earnings growth or a natural retreat from the massive economic growth fueled by stimulus cash and pent-up demand, many investors are pondering the impact of a slower growth environ...
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 ex...
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-y...
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.