SPMO - GSLC: Weird Data And Unconvincing Track Record
2024-06-07 10:07:24 ET
Summary
- Goldman Sachs ActiveBeta® U.S. Large Cap Equity ETF has a multifactor strategy combining value, momentum, quality and volatility.
- Data provided by the GSLC fund reports a 37.5% weight in Nvidia Corporation stock. If it’s not a data glitch, it’s an unreasonable exposure to a single stock.
- GSLC has underperformed the S&P 500 and some single factor indexes in terms of performance.
GSLC strategy
Goldman Sachs ActiveBeta® U.S. Large Cap Equity ETF ( GSLC ) started investing operations on 9/17/2015 and tracks the Goldman Sachs ActiveBeta U.S. Large Cap Equity Index. It has 446 holdings, a 30-day SEC yield of 1.31% and a cheap expense ratio of 0.09%....
GSLC: Weird Data And Unconvincing Track Record