GINN - ETF AI Analysis
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Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN)
Rating:69Neutral
Price Target:―
Positive Factors
Solid Recent Performance
The ETF has shown strong year-to-date and multi-month gains, indicating positive momentum in its current strategy.
Global and Sector Diversification
Holdings spread across many countries and a wide mix of sectors help reduce the impact of problems in any single region or industry.
Strong Innovative Leaders in Top Holdings
Several major positions in well-known technology and healthcare innovators have delivered strong gains, supporting the fund’s overall performance.
Negative Factors
Moderate Expense Ratio
The fund’s fees are not extremely high but are above the cheapest index ETFs, which slightly reduces the net return to investors.
Heavy U.S. Concentration
A large majority of assets are invested in U.S. companies, which limits diversification benefits from other global markets.
Exposure to Volatile Growth Stocks
Several top holdings in technology and consumer names can be very sensitive to market swings, increasing the fund’s overall risk during downturns.
GINN vs. SPDR S&P 500 ETF (SPY)
AUM190.49M
RegionGlobal
Expense Ratio0.50%
Beta1.09
IssuerGoldman Sachs
Inception DateNov 06, 2020
Dividend Yield1.15%
Asset ClassEquity
Index TrackedSolactive Innovative Global Equity Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume9,370
30 Day Avg. Volume7,233
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
100.99Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering474
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
GINN Summary
GINN is the Goldman Sachs Innovate Equity ETF, which follows the Solactive Innovative Global Equity Index and focuses on companies driving new technologies and ideas around the world. It mainly holds U.S. stocks in areas like technology and healthcare, with big names such as Apple and Nvidia among its top holdings. Investors might consider GINN if they want long-term growth by investing in innovative businesses across many sectors and countries, rather than picking individual stocks. A key risk is that these innovation-focused companies can be more volatile, so the ETF’s price can rise and fall sharply with changes in the stock market and tech-related news.
How much will it cost me?The Goldman Sachs Innovate Equity ETF (GINN) has an expense ratio of 0.50%, which means you’ll pay $5 per year for every $1,000 invested. This is slightly higher than average for ETFs because it is actively managed to focus on innovative companies across multiple sectors. The higher cost reflects the specialized strategy and research involved in selecting these forward-thinking investments.
What would affect this ETF?The Goldman Sachs Innovate Equity ETF (GINN) could benefit from continued advancements in technology, healthcare, and renewable energy, as these sectors are key drivers of global innovation and are heavily represented in its portfolio. However, the ETF may face challenges from rising interest rates, which can negatively impact growth-oriented companies, and regulatory changes in major markets like the U.S. and China, where many of its top holdings operate. Global economic conditions and geopolitical tensions could also influence the performance of this ETF, given its broad geographic exposure.
GINN Top 10 Holdings
GINN’s story is still being written by Big Tech, with Nvidia and Microsoft doing much of the heavy lifting as their AI and cloud engines keep humming. Apple looks a bit tired in the short term but remains a steady anchor, while Alphabet and Amazon are posting mixed results that add some bumpiness rather than clear direction. On the weaker side, Meta and Tencent are losing steam, quietly tugging on returns. Overall, the fund leans heavily into global tech and innovation, with a mostly U.S.-led cast plus a few key international players.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 2.05% | $3.96M | $5.55T | 32.19% | 76 Outperform | |
| Apple | 2.03% | $3.93M | $4.67T | 34.93% | 79 Outperform | |
| Microsoft | 1.99% | $3.85M | $3.71T | -0.89% | 79 Outperform | |
| Alphabet Class A | 1.90% | $3.68M | $4.12T | 41.20% | 85 Outperform | |
| Amazon | 1.87% | $3.63M | $2.79T | 7.86% | 71 Outperform | |
| Meta Platforms | 1.63% | $3.16M | $1.57T | -19.88% | 76 Outperform | |
| Intel | 1.20% | $2.33M | $506.41B | 327.45% | 64 Neutral | |
| Tesla | 1.16% | $2.25M | $1.40T | 6.11% | 73 Outperform | |
| Tencent Holdings | 1.13% | $2.19M | HK$3.95T | -32.34% | 75 Outperform | |
| Eli Lilly & Co | 0.92% | $1.77M | $1.08T | 49.73% | 72 Outperform |
GINN Technical Analysis
Neutral
―
Price Trends
80.43
Negative
78.75
Positive
75.69
Positive
Market Momentum
0.19
Positive
42.50
Neutral
8.42
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For GINN, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 82.16, equal to the 50-day MA of 80.43, and equal to the 200-day MA of 75.69, indicating a neutral trend. The MACD of 0.19 indicates Positive momentum. The RSI at 42.50 is Neutral, neither overbought nor oversold. The STOCH value of 8.42 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GINN.
GINN Peer Comparison
Comparison Results
Performance Comparison
GINN
Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF
80.17
8.69
12.16%
ILDR
First Trust Innovation Leaders ETF
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TMAT
Main Thematic Innovation ETF
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SPRX
Spear Alpha ETF
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YNOT
Horizon Digital Frontier ETF
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NBDS
Neuberger Berman Disrupters ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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