GLOV
Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF
GLOV tracks an index that selects large- and mid-cap stocks in developed markets based on four factors: value, momentum, quality and an emphasis on low volatility.
Global
EQUITY
Rules-Based
MANAGEMENT STYLE
1.1 B
ASSETS UNDER MGMT
25 bp
EXPENSES
Fund Basics
| Fund sponsor | Goldman Sachs |
| Category | Global |
| Asset class | Equity |
| Website | link... |
| Inception date | Mar 15, 2022 |
| Assets (mns) | $1,106 |
| Expense ratio | 25 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Multi-Factor |
| Weighting | Tiered |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| APPLE INC | 3.9 % |
| MICROSOFT CORP | 2.8 % |
| NVIDIA CORP | 2.0 % |
| WAL-MART STORES INC | 1.6 % |
| AMAZON.COM INC | 1.5 % |
| BERKSHIRE HATHAWAY INC-CL B | 1.2 % |
| O'REILLY AUTOMOTIVE INC | 1.1 % |
| INTL BUSINESS MACHINES CORP | 1.0 % |
| MOTOROLA SOLUTIONS | 1.0 % |
| META PLATFORMS INC | 0.9 % |
Constituent Breakdown
| Number of holdings | 449 |
| Herfindahl-Hirschman Index | 68 |
| Wgt avg mkt cap (mns) | $481,491 |
| Large cap (>$10bn) | 94.4% |
| Mid cap ($2-10bn) | 5.2% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 67.8 % |
 |
JAPAN | 5.7 % |
 |
BRITAIN | 3.4 % |
 |
CANADA | 3.4 % |
 |
GERMANY | 2.7 % |
 |
AUSTRALIA | 2.4 % |
 |
FRANCE | 2.0 % |
 |
SWITZERLAND | 2.0 % |
 |
NETHERLANDS | 1.7 % |
 |
SINGAPORE | 1.2 % |
Historical Performance
Standardized Performance (as of 01/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 3.6% | 17.4% | 15.9% | -- | -- | -- | 9.6% | Volatility | 9.7% | 9.9% | 9.7% | -- | -- | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.77 | 90% |
| MSCI EAFE | 0.72 | 80% |
| MSCI Emg Mkts | 0.51 | 40% |
Liquidity Measures
| Avg. volume (000) | 67 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.25% |
| ADV of underlying (mns) | $142,199 |
Technical Indicators
| Recent close | $51.44 |
| 30d moving avg. | $50.20 |
| Annualized volatility | 14.2% |
| Relative strength (RSI) | 56 |
| Short interest (ETF) | 0.1% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. GLOV |
Expenses vs. GLOV |
ALTAR Score™ vs. GLOV |
|---|---|---|---|---|
| QWLD | SPDR MSCI World StrategicFactors ETF | 49.2% | +5 bp | +0.3% |
| GSLC | Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF | 49.2% | -16 bp | -0.3% |
| QUS | SPDR MSCI USA StrategicFactors ETF | 47.7% | -10 bp | +0.1% |
| KOKU | Xtrackers MSCI Kokusai Equity ETF | 45.2% | -16 bp | -0.6% |
| JHML | John Hancock Multifactor Large Cap ETF | 45.1% | +4 bp | -0.3% |
| TOK | iShares MSCI Kokusai ETF | 44.8% | +1 bp | -0.7% |
| URTH | iShares MSCI World ETF | 44.3% | -1 bp | -0.6% |
| KLMT | Invesco MSCI Global Climate 500 ETF | 43.4% | -15 bp | -0.4% |
| ROUS | Hartford Multifactor US Equity ETF | 43.0% | -6 bp | +1.5% |
| GSUS | Goldman Sachs MarketBeta U.S. Equity ETF | 42.9% | -18 bp | -0.8% |
Risk and Returns: GLOV 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.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
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
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
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 2/4/2025
Peer Group Comparison Sample data. Subscribe for access.
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
GLOV
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.
ALTAR Score™
GLOV
5.7%
Cat. Avg
4.0%
ALTAR Score™ Calculation
Category Overview
There are 362 funds in the Global Equity category, with an average ALTAR Score™
of 4.0% and a standard deviation of
4.7%. GLOV's ALTAR Score™ is approximately
0.4 standard deviations
above
the category average. This places GLOV in the 64th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
GLOVSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based Global Equity ETFs |
| # of ETFs | 191 |
| Avg. Expense Ratio | 55.4 bp |
| Std. Deviation | 17.5 bp |
| GLOV (25 bp) Percentile rank | 5 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| GLOV | 25.0 | 25.2 | 50.2 |
| Peer Avg. | 40.8 | 21.4 | 62.2 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .