Goldman Sachs Future Consumer Equity ETF
The fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) in equity investments in U.S. and non-U.S. companies. The adviser generally intends to invest in companies that the adviser believes are aligned with key themes associated with the different and evolving priorities and spending habits of younger consumers, which include, but are not limited to, the increased adoption of technology and their different lifestyle preferences and values. The fund is non-diversified.
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN
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PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
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CREATION/REDEMPTION DOLLARS, DAILY RECORDS
Due diligence cuts both ways. These funds sit on the same shelf and beat GBUY on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| GLD SPDR Gold Shares | 0.40% | $146B | +$4.4B | -35bp on fee · 2295× the assets · +$4.4B in over the month | Head-to-head |
| RING iShares MSCI Global Gold Miners ETF | 0.39% | $2.4B | −$386M | -36bp on fee · 37× the assets | Head-to-head |
| SLVP iShares MSCI Global Silver and Metals Miners ETF | 0.39% | $978M | −$10M | -36bp on fee · 15× the assets | Head-to-head |
| SLV iShares Silver Trust | 0.50% | $38.5B | — | -25bp on fee · 606× the assets | Head-to-head |