GLOV Overview

Overview of GLOV ETF: The Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (GLOV), launched on 03/15/2022, focuses on low volatility stocks in developed markets and has attracted over $954 million in assets with a low expense ratio of 0.25%.

Performance and Comparison: GLOV has shown a return of approximately 20.71% over the past year; however, investors may also consider other ETFs like iShares MSCI ACWI and Vanguard Total World Stock ETF for potentially lower costs and risks.

Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (GLOV):

• Launched on 03/15/2022, designed for broad exposure to Broad Developed World ETFs.
• Managed by Goldman Sachs Funds, with assets over $886.73 million.
• Expense ratio of 0.25%, 12-month trailing dividend yield at 1.89%.
• Top holdings include Microsoft Corp, Apple Inc, and Oreilly Automotive Inc.
• Performance: YTD return of 7.26%, up 18.32% in the last year.

Smart Beta ETFs:

• Offer non-cap weighted strategies for investors preferring stock selection.
• Track specific fundamental characteristics for better risk-return performance.
• Methodologies include equal-weighting, fundamental weighting, and volatility/momentum based weighting.
• Not all smart beta funds deliver superior returns compared to market cap weighted indexes.
• Examples of alternatives in the space are iShares MSCI ACWI ETF and Vanguard Total World Stock ETF.