GINN:NYE-Goldman Sachs Innovate Equity ETF (USD)

ETF | Others |

Last Closing

USD 58.8292

Change

-0.07 (-0.12)%

Market Cap

USD 0.34B

Volume

4.61K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities included in its index, in depositary receipts representing securities included in its index and in underlying stocks in respect of depositary receipts included in its index. The index is designed to deliver exposure to companies that may benefit from technological innovation and the resulting changes in the economy across five key themes that are potential drivers of changes in the economy.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-09-18 )

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Market Performance

  Market Performance vs. Industry/Classification (Others) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 12.07% 70% C- 67% D+
Dividend Return N/A N/A N/A N/A N/A
Total Return 12.07% 66% D+ 59% D-
Trailing 12 Months  
Capital Gain 23.21% 77% C+ 73% C
Dividend Return 1.11% 23% F 15% F
Total Return 24.33% 76% C+ 70% C-
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain -1.31% 30% F 30% F
Dividend Return -0.89% 25% F 20% F
Total Return 0.42% 22% F 9% A-
Risk Return Profile  
Volatility (Standard Deviation) 17.29% 19% F 59% D-
Risk Adjusted Return -5.15% 30% F 22% F
Market Capitalization 0.34B 79% B- 43% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.