GSFP
Goldman Sachs Future Planet Equity ETF
GSFP is an actively-managed fund of global companies that seek to address environmental problems.
Global
EQUITY
Active
MANAGEMENT STYLE
45.3 M
ASSETS UNDER MGMT
75 bp
EXPENSES
Fund Basics
Fund sponsor | Goldman Sachs |
Category | Global |
Asset class | Equity |
Website | link... |
Inception date | Jul 13, 2021 |
Assets (mns) | $45 |
Expense ratio | 75 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Quarterly |
Taxation | 1099 |
Stock selection | Proprietary |
Weighting | Proprietary |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | No |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
NEXTERA ENERGY GROUP | 5.2 % |
DSM-FIRMENICH AG | 4.7 % |
WASTE MANAGEMENT INC | 4.5 % |
NOVOZYMES A/S-B SHARES | 4.4 % |
DS SMITH PLC | 4.4 % |
SCHNEIDER ELECTRIC SA | 4.4 % |
IBERDROLA SA | 4.3 % |
ENEL SPA | 4.1 % |
SMURFIT KAPPA GROUP PLC | 3.0 % |
INFINEON TECHNOLOGIES AG | 3.0 % |
Constituent Breakdown
Number of holdings | 45 |
Herfindahl-Hirschman Index | 300 |
Wgt avg mkt cap (mns) | $50,696 |
Large cap (>$10bn) | 78.4% |
Mid cap ($2-10bn) | 18.4% |
Small cap (<$2bn) | 1.8% |
Developed mkts. | 93.4% |
Emerging mkts. | 6.6% |
Country Exposure
UNITED STATES | 27.5 % | |
SWITZERLAND | 10.4 % | |
IRELAND | 9.3 % | |
FRANCE | 8.3 % | |
JAPAN | 7.6 % | |
DENMARK | 7.5 % | |
BRITAIN | 4.4 % | |
CHINA | 4.3 % | |
SPAIN | 4.3 % | |
ITALY | 4.1 % |
Historical Performance
Standardized Performance (as of 09/30/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
---|---|---|---|---|---|---|---|
Total Returns | 6.4% | 20.0% | 11.4% | -- | -- | -- | -7.3% | Volatility | 13.6% | 15.3% | 20.3% | -- | -- | -- | -- |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 1.18 | 81% |
MSCI EAFE | 1.22 | 87% |
MSCI Emg Mkts | 1.04 | 60% |
Liquidity Measures
Avg. volume (000) | 1 |
Turnover | 0.1% |
Avg. Bid/Ask (% of price) | 0.27% |
ADV of underlying (mns) | $4,808 |
Technical Indicators
Recent close | $33.04 |
30d moving avg. | $32.14 |
Annualized volatility | 23.3% |
Relative strength (RSI) | 51 |
Short interest (ETF) | 0.0% |
Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. GSFP |
Expenses vs. GSFP |
ALTAR Score™ vs. GSFP |
---|---|---|---|---|
TEMP | JPMorgan Climate Change Solutions ETF | 27.9% | -26 bp | +0.9% |
OCEN | IQ Clean Oceans ETF | 27.1% | -30 bp | +1.7% |
SOLR | Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund | 24.9% | +4 bp | +0.5% |
BECO | BlackRock Future Climate and Sustainable Economy ETF | 23.7% | -5 bp | +7.1% |
GCLN | Goldman Sachs Bloomberg Clean Energy Equity ETF | 21.4% | -30 bp | +1.4% |
NBCT | Neuberger Berman Carbon Transition Infrastructure ETF | 21.2% | -20 bp | -1.2% |
SMOG | VanEck Low Carbon Energy ETF | 19.9% | -14 bp | -1.6% |
CLNR | IQ Cleaner Transport ETF | 17.3% | -30 bp | +2.4% |
RNWZ | TrueShares Eagle Global Renewable Energy Income ETF | 15.7% | 0 bp | +3.3% |
VCLN | Virtus Duff & Phelps Clean Energy ETF | 15.0% | -16 bp | -0.6% |
Risk and Returns: GSFP vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
Price-to-sales | --x | --x | --x | --x |
Price-to-earnings | --x | --x | --x | --x |
Price-to-cash flow | --x | --x | --x | --x |
Price-to-growth | --x | --x | --x | --x |
Price-to-book value | --x | --x | --x | --x |
Yield | --% | --% | --x | --% |
Based on closing prices from 10/4/2024
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
GSFP
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
GSFP
4.2%
Cat. Avg
4.0%
ALTAR Score™ Calculation
Category Overview
There are 363 funds in the Global Equity category, with an average ALTAR Score™
of 4.0% and a standard deviation of
4.6%. GSFP's ALTAR Score™ is approximately
0.1 standard deviations
above
the category average. This places GSFP in the 52nd percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
GSFPSELL
U/W
HOLD
O/W
BUY
Expense Analysis
Peer Group | Active Global Equity ETFs |
# of ETFs | 118 |
Avg. Expense Ratio | 73.5 bp |
Std. Deviation | 29.8 bp |
GSFP (75 bp) Percentile rank | 54 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
GSFP | 75.0 | 27.1 | 102.1 |
Peer Avg. | 66.5 | 30.5 | 97.0 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .