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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) | $849 |
| 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. |
| 1.5% | 2.9% | 0.8% | -- | 2.0% |
| versus... | Beta | R-squared |
|---|---|---|
| Barclays Agg. Bond | 1.29 | 95% |
| S&P500 | 0.44 | 60% |
| MSCI EAFE | 0.49 | 72% |
| MSCI Emg. Mkts. | 0.45 | 60% |
| Recent close | $44.93 |
| 30d moving avg. | $45.39 |
| Annualized volatility | 10.0% |
| Short interest (ETF) | 0.8% |
| Relative strength (RSI) | 42 |
| Avg. volume (thou.) | 231 |
| Avg. daily value traded (mns) | $10 |
| Turnover | 1.2% |
| 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 | 8.60% | -20.0% | $35.94 |
| +200 bp | 7.60% | -13.9% | $38.69 |
| +150 bp | 7.10% | -10.6% | $40.16 |
| +100 bp | 6.60% | -7.2% | $41.69 |
| +75 bp | 6.35% | -5.5% | $42.48 |
| +50 bp | 6.10% | -3.7% | $43.28 |
| +25 bp | 5.85% | -1.9% | $44.10 |
| 0 bp | 5.60% | 0% | $44.93 |
| -25 bp | 5.35% | 1.9% | $45.77 |
| -50 bp | 5.10% | 3.8% | $46.64 |
| -75 bp | 4.85% | 5.8% | $47.51 |
| -100 bp | 4.60% | 7.7% | $48.40 |
| -150 bp | 4.10% | 11.8% | $50.23 |
| -200 bp | 3.60% | 16.0% | $52.12 |
| -300 bp | 2.60% | 24.8% | $56.08 |
*Fund Category: CORPORATE
ALTAR Score™
| Calculation of ALTAR Score™ | ||
|---|---|---|
| Adj. Yield to Maturity |
560 | bp |
| Less: Annual "default factor" |
20 | bp |
| Less: Expense ratio | 14 | bp |
| Equals: ALTAR Score | 5.26 | % |
| Average ALTAR Score™ by Category | |
|---|---|
| Aggregate | 3.3% |
| Corporate | 4.4% |
| Emerging Market | 6.2% |
| Government | 7.2% |
| Inflation Protected | 2.5% |
| Mortgage | 5.1% |
| Municipals | 3.6% |
| *Note: The Goldman Sachs Access Investment Grade Corporate Bond ETF is classified as a Corporate fund. | |