Goldman Sachs Future Tech Leaders Equity ETF (GTEK)
| Assets | $175.40M |
| Expense Ratio | 0.75% |
| PE Ratio | 32.94 |
| Shares Out | 4.88M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 9,450 |
| Open | 35.48 |
| Previous Close | 35.60 |
| Day's Range | 35.46 - 35.82 |
| 52-Week Low | 24.48 |
| 52-Week High | 36.47 |
| Beta | 1.27 |
| Holdings | 62 |
| Inception Date | Sep 14, 2021 |
About GTEK
Fund Home PageThe Goldman Sachs Future Tech Leaders Equity ETF (GTEK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund actively invests in potentially growing technology companies that are believed to drive tech innovation around the world. GTEK was launched on Sep 14, 2021 and is issued by Goldman Sachs.
Top 10 Holdings
28.26% of assets| Name | Symbol | Weight |
|---|---|---|
| SK hynix Inc. | 000660 | 3.70% |
| Cadence Design Systems, Inc. | CDNS | 3.44% |
| Snowflake Inc. | SNOW | 3.25% |
| Spotify Technology S.A. | SPOT | 2.82% |
| Datadog, Inc. | DDOG | 2.71% |
| Marvell Technology, Inc. | MRVL | 2.62% |
| KLA Corporation | KLAC | 2.54% |
| MediaTek Inc. | 2454 | 2.49% |
| Amphenol Corporation | APH | 2.44% |
| Infineon Technologies AG | IFX | 2.24% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2023 | $0.07132 | Jan 2, 2024 |
| Dec 27, 2022 | $0.00168 | Dec 30, 2022 |
| Sep 26, 2022 | $0.00312 | Sep 30, 2022 |
| Jun 24, 2022 | $0.00091 | Jun 30, 2022 |
Performance
GTEK had a total return of 16.00% in the past year, including dividends. Since the fund's inception, the average annual return has been -3.11%.
News
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GTEK's initial performance was poor, losing over 45% in its first year due to bearish investor sentiment and market conditions. The ETF's strategy of excluding mega-cap tech stocks led to underperform...
GTEK: Is Jumping Back Into Tech A Good Idea
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GTEK: Alluring Investment Theme, Though Valuation, Profitability Signal Caution
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Goldman Sachs' GTEK: A Hand-Picked Cutting-Edge Tech Portfolio
Goldman Sachs Future Tech Leaders Equity ETF amassed $260 million in its first three months.
GTEK: Strong Strategy And Holdings, But Short Performance Track Record
A reader and subscriber asked for my thoughts on GTEK. GTEK is an actively-managed ETF focusing on disruptive innovators, high-growth companies with the potential for market-beating returns.
GTEK: Bullish On Tech While Avoiding Mega-Caps
GTEK invests in tech stocks selected by the investment team at Goldman Sachs Asset Management. The fund strategy excludes companies with a market cap above $100 billion, with a focus on emerging leade...