|
Goldman Sachs Access Investment Grade Corporate Bond ETF
|
|||||||||||||||||
- 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) | $693 |
| 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% |
| 0.0% // | 0.4 % |
| 0.0% // | 0.4 % |
| 0.0% // | 0.4 % |
| 0.0% // | 0.4 % |
| 0.0% // | 0.3 % |
| 0.0% // | 0.3 % |
| 0.0% // | 0.3 % |
| 0.0% // | 0.3 % |
| 0.0% // | 0.3 % |
| 0.0% // | 0.3 % |
| TOTAL | 3.5 % |
|---|
| 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. |
| -0.2% | 2.0% | -0.2% | -- | 2.3% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 1.09 | 91% |
| S&P500 | 0.16 | 22% |
| MSCI EAFE | 0.15 | 31% |
| MSCI Emg. Mkts. | 0.08 | 19% |
| Recent close | $44.34 |
| 30d moving avg. | $45.03 |
| Annualized volatility | 8.1% |
| Short interest (ETF) | 0.2% |
| Relative strength (RSI) | 47 |
| Avg. volume (thou.) | 90 |
| Avg. daily value traded (mns) | $4 |
| Turnover | 0.6% |
| Bid/Ask (% of price) | 0.03 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
| GIGB | 7.7 yrs | Category Avg.* |
5.5 yrs |
| GIGB | 7.5% | Category Avg.* |
5.4% |
| Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
| +300 bp | 8.05% | -20.0% | $35.47 |
| +200 bp | 7.05% | -13.9% | $38.19 |
| +150 bp | 6.55% | -10.6% | $39.64 |
| +100 bp | 6.05% | -7.2% | $41.15 |
| +75 bp | 5.80% | -5.5% | $41.92 |
| +50 bp | 5.55% | -3.7% | $42.71 |
| +25 bp | 5.30% | -1.9% | $43.52 |
| 0 bp | 5.05% | 0% | $44.34 |
| -25 bp | 4.80% | 1.9% | $45.18 |
| -50 bp | 4.55% | 3.8% | $46.03 |
| -75 bp | 4.30% | 5.8% | $46.89 |
| -100 bp | 4.05% | 7.7% | $47.77 |
| -150 bp | 3.55% | 11.8% | $49.58 |
| -200 bp | 3.05% | 16.0% | $51.44 |
| -300 bp | 2.05% | 24.8% | $55.35 |
*Fund Category: CORPORATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
505 | bp |
| Less: Annual "default factor" |
20 | bp |
| Less: Expense ratio | 14 | bp |
| Equals: ALTAR Score | 4.71 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 2.9% |
| Corporate | 4.2% |
| Emerging Market | 5.5% |
| Government | 7.0% |
| Inflation Protected | 2.2% |
| Mortgage | 4.6% |
| Municipals | 3.3% |
| *Note: The Goldman Sachs Access Investment Grade Corporate Bond ETF is classified as a Corporate fund. | |