Goldman Sachs Future Planet Equity ETF (GSFP)
| Assets | $157.55M |
| NAV | $26.70 |
| Expense Ratio | 0.75% |
| PE Ratio | 23.89 |
| Shares Out | 5.90M |
| Dividend (ttm) | $0.20 |
| Dividend Yield | 0.72% |
| Ex-Dividend Date | Sep 26, 2022 |
| 1-Year Return | -30.33% |
| Volume | 2,158 |
| Open | 28.10 |
| Previous Close | 27.35 |
| Day's Range | 28.10 - 28.52 |
| 52-Week Low | 26.59 |
| 52-Week High | 42.42 |
| Beta | 1.12 |
| Holdings | 53 |
| Inception Date | Jul 13, 2021 |
About GSFP
The investment seeks long-term capital appreciation. The fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes in equity investments in U.S. and non-U.S. companies that Goldman Sachs Asset Management, L.P. (GSAM or the Investment Adviser) believes are associated, at the time the investment is first added to the fund's portfolio, with seeking to address environmental problems. It may have significant exposure to specific sectors including, but not limited to, the industrials, materials and technology sectors. The fund is non-diversified.
Top 10 Holdings
35.77% of assets| Name | Symbol | Weight |
|---|---|---|
| NextEra Energy | NEE | 4.34% |
| Danaher | DHR | 4.20% |
| Iberdrola SA | IBE.MC | 3.94% |
| Ecolab | ECL | 3.86% |
| Neste Corp | NESTE.HE | 3.40% |
| Xylem | XYL | 3.39% |
| Koninklijke DSM NV | DSM.AS | 3.23% |
| Schneider Electric SE | SU.PA | 3.16% |
| Enel SpA | ENEL.MI | 3.13% |
| Daikin Industries Ltd | 6367.T | 3.10% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 26, 2022 | $0.053 | Sep 30, 2022 |
| Jun 24, 2022 | $0.08835 | Jun 30, 2022 |
| Mar 25, 2022 | $0.04258 | Mar 31, 2022 |
| Dec 27, 2021 | $0.0204 | Dec 31, 2021 |
| Sep 24, 2021 | $0.014 | Sep 30, 2021 |
News
These Big Spenders Support GSFP Thesis
Green energy spending by individual consumers is undoubtedly an important part of the equation, but companies and governments have the deep pockets necessary to show widespread commitment to renewable e...
Harness Clean Energy Trends With GSFP
Advisors and investors are quickly learning that as the clean energy movement evolves and gains momentum, there are a variety of avenues to explore at the investment level. Some exchange traded funds ar...
How to Source Renewable Energy-Related Earnings Growth
With the Inflation Reduction Act now law, it's an appropriate time for market participants to ponder not only a new wave of renewable energy spending, but how those expenditures will propel earnings gro...
Energy Transition Realities Could Benefit GSFP
There are some stark realities emerging on the global energy stage this year, and while some may be near-term painful, arguably all cement the notion that renewable energy must be part of the equation g...
Massive Climate Spending Could Heat up GSFP
The recently enacted Inflation Reduction Act is just one example, albeit a substantial one, of the massive capital needed to propel renewable energy forward. As investors noticed in recent weeks, multip...
For Inflation Reduction Act Benefits, Consider GSFP
The recently passed Inflation Reduction Act contains a veritable cornucopia of renewable energy, and the related equities and exchange traded funds recently reflected as much. Among that group is the Go...
GSFP Is Putting the “Solution” in Environmental Solutions
As the environmental, social and governance (ESG) investing conversation increasingly shifts to a focus on sustainability, more advisors and investors are evaluating exactly how much their ESG funds del...
GSFP Has Right Recipe for Climate Change Investing
Scores of exchange traded funds claim to provide platforms for market participants to tap into the climate change investment theme.
GSFP Could Be Alluring Sustainable Idea for Younger Investors
Among the many things that are becoming clear as environmental, social, and governance (ESG) and sustainable investing take shape is the commitment to these investment styles displayed by younger demogr...
Invest in Innovations in Clean Energy and Resource Efficiency With GSFP
Increasing energy efficiency is key for decarbonization, unveiling an impactful, lucrative opportunity for investors. Goldman Sachs Global Investment Research anticipates energy efficiency savings of as...
Invest in Sustainable Consumption With This Swedish Textiles Recycler
With consumers buying more and more clothing, the trend of “fast fashion” is expanding. Fast fashion refers to cheap, stylish, mass-produced clothes that appeal to shoppers because they are affordable a...
Go With GSFP for Renewable Energy Megatrends
The renewable energy transition brings with it a variety of megatrends for investors to capitalize on, but not all of the related exchange traded funds are adequately levered to the possibilities attach...
Accelerating Energy Transition Puts Spotlight on GSFP
The renewable energy transition has been underway for several years, but Russia's invasion of Ukraine in February is amplifying the need for countries to enhance energy security. As a result, more gover...
Go With GSFP for “Greenablers” Exposure
At this juncture, it's widely known that adequately addressing climate change and meeting various decarbonization goals is going to take capital. Lots of it.
Grab a Slice of This ETF for Exposure to Climate Transition Leaders
The Russian war in Ukraine will have severe implications on the shape and pace of the energy transition globally, according to the World Economic Forum. Governments, corporates, and consumers are align...
Thematic Investing With Goldman Sachs: Episode 4 – GS Future Planet Equity ETF (GSFP)
In the Thematic Investing series, Tom Lydon, CEO of ETF Trends and ETF Database, alongside experts and innovators from Goldman Sachs, sheds light on one of the most popular alternative investments, them...
This ETF Has Energy Transition Winners
The renewable energy transition is underway, and in the eyes of many market observers, it's going to be one of the most disruptive themes of the coming decades. While plenty of exchange traded funds off...
Climate Change Investing in Inflationary Times
This year is still in its early innings, but two themes are already abundantly apparent. First, inflation continues proving sticky, and the January jobs report could compel the Federal Reserve to hike i...
Climate Change Investing Sports Impressive Long-Term Trajectory
Short-term thinking often creeps into various segments of the market, but investors tapping strategies addressing climate change should play the long game. Among exchange traded funds, the Goldman Sachs...
Stricter EPA Requirements Could Be Boon for This ETF
The Environmental Protection Agency (EPA) is readying tighter restrictions on power plants as part of the White House's plan to trim carbon and greenhouse gas emissions. That initiative could pay long-t...
GSFP: An ETF at Epicenter of Global Decarbonization Efforts
“Decarbonization” and “carbon neutral” aren't just environmental, social, and governance (ESG) buzz words. Reducing carbon emissions is central to fighting climate change.
ESG Policy Could Get a Lift, Benefiting ETFs
While the fate of the Build Back Better initiative remains to be seen, the Biden Administration has other items on its agenda that market participants should monitor, and with 2022 being a mid-term elec...
An ETF for an Evolving Sustainable Investing Landscape
Whether it's environmental, social, and governance (ESG) or more nuanced climate-aware and sustainability-focused strategies, the good news for investors in 2021 is that many of these strategies evolved...
Mining Companies' Net-Zero Push Could Propel GSFP
Roughly 500 new exchange traded funds debuted this year, and there's still some time left in 2021. A record-shattering number means some rookie ETFs are bound to be successful and some that won't catch.
Goldman Debuts 'ActiveBeta' ESG ETF
‘GPAL' aims to halve the carbon intensity footprint of a standard large cap index.