Key stats
About Goldman Sachs ActiveBeta Europe Equity ETF
Expense ratio
0.25%
Home page
Inception date
Mar 2, 2016
GSEU offers multi-factor exposure to developed Europe equities. The fund combines four sub-indices: value, quality, momentum, and low volatility, into one ETF. Despite the active moniker, the ETF tracks an index from its issuer. GSEU pulls from the MSCI Europe index, a large- and mid-cap index that includes non-Euro UK, Sweden, and Switzerland, and gives each constituent a weighting based upon factor criteria (e.g., book value, sales, and cash flow scaled by share price, profit/assets or ROE, risk-adjusted returns, and daily standard deviation of returns). The four sub-indices are combined equally, any overweights to a particular name from one sub-index will cancel underweights from another.
Classification
What's in the fund
Exposure type
Finance
Health Technology
Consumer Non-Durables
Stock breakdown by region