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Goldman Sachs Access Investment Grade Corporate Bond ETF
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- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
| The Goldman Sachs Access Investment Grade Corporate Bond ETF tracks a broad-maturity, USD-denominated, investment-grade corporate bond index selected by operating margin and leverage. |
| Category | Corporate |
| Fund Sponsor | Goldman Sachs |
| Website | www.gsam.com |
| Inception date | Jun 06, 2017 |
| Assets (mns) | $841 |
| Currency | USD |
| Expense ratio | 14 bp |
| Distributions | Monthly |
| Regulation | Open-Ended Fund |
| Custodian | |
| Weighting | Market Value |
| Index replication |
| No. of constituents | 1536 |
| No of distinct issuers | 360 |
| Inflation protected | 0% |
| Variable/Fixed coupon | 17% /83% |
| Non-standard maturity (callable, etc.) | 82% |
| BP CAPITAL MARKETS PL 3.6% 11/01/21 | 0.5 % |
| APPLE INC. 2.1% 9/12/22 | 0.5 % |
| HSBC HOLDINGS PLC 3.9% 5/25/26 | 0.4 % |
| HSBC HOLDINGS PLC 2.7% 1/05/22 | 0.4 % |
| ABBVIE INC. 2.9% 11/06/22 | 0.4 % |
| 0.0% /00/00 | 0.4 % |
| CITIGROUP INC. 2.9% 12/08/21 | 0.4 % |
| CAPITAL ONE FINANCIAL 4.8% 7/15/21 | 0.4 % |
| COMCAST CORPORATION 5.0% 1/15/58 | 0.4 % |
| COMCAST CORPORATION 4.3% 1/15/30 | 0.4 % |
| TOTAL | 4.0 % |
|---|
| BANK OF AMERICA CORPORATION | 3.6% |
| JPMORGAN CHASE & CO. | 3.0% |
| WELLS FARGO & COMPANY | 2.2% |
| CITIGROUP INC. | 2.2% |
| VERIZON COMMUNICATIONS INC. | 1.8% |
 |
UNITED STATES | 81.6 % |
 |
CANADA | 2.9 % |
 |
UNITED KINGDOM | 2.7 % |
 |
JAPAN | 2.4 % |
 |
NETHERLANDS | 1.8 % |
HISTORICAL RETURNS 
| Custom date range | Compare to | ||
| thru |
| Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
| 2.4% | 13.5% | 0.5% | -- | 2.1% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 1.29 | 95% |
| S&P500 | 0.45 | 60% |
| MSCI EAFE | 0.47 | 68% |
| MSCI Emg. Mkts. | 0.46 | 61% |
| Recent close | $45.67 |
| 30d moving avg. | $46.63 |
| Annualized volatility | 10.1% |
| Short interest (ETF) | 0.1% |
| Relative strength (RSI) | 43 |
| Avg. volume (thou.) | 150 |
| Avg. daily value traded (mns) | $7 |
| Turnover | 0.8% |
| Bid/Ask (% of price) | 0.06 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
| GIGB | 7.7 yrs | Category Avg.* |
4.6 yrs |
| GIGB | 7.5% | Category Avg.* |
4.5% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 8.26% | -20.0% | $36.53 |
| +200 bp | 7.26% | -13.9% | $39.33 |
| +150 bp | 6.76% | -10.6% | $40.83 |
| +100 bp | 6.26% | -7.2% | $42.38 |
| +75 bp | 6.01% | -5.5% | $43.18 |
| +50 bp | 5.76% | -3.7% | $43.99 |
| +25 bp | 5.51% | -1.9% | $44.82 |
| 0 bp | 5.26% | 0% | $45.67 |
| -25 bp | 5.01% | 1.9% | $46.53 |
| -50 bp | 4.76% | 3.8% | $47.41 |
| -75 bp | 4.51% | 5.8% | $48.30 |
| -100 bp | 4.26% | 7.7% | $49.20 |
| -150 bp | 3.76% | 11.8% | $51.06 |
| -200 bp | 3.26% | 16.0% | $52.98 |
| -300 bp | 2.26% | 24.8% | $57.01 |
*Fund Category: CORPORATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
526 | bp |
| Less: Annual "default factor" |
20 | bp |
| Less: Expense ratio | 14 | bp |
| Equals: ALTAR Score | 4.92 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 3.2% |
| Corporate | 4.0% |
| Emerging Market | 5.9% |
| Government | 7.1% |
| Inflation Protected | 2.7% |
| Mortgage | 5.0% |
| Municipals | 3.2% |
| *Note: The Goldman Sachs Access Investment Grade Corporate Bond ETF is classified as a Corporate fund. | |