Goldman Sachs Innovate Equity ETFGINN
GINN
0
Funds holding %
of 7,407 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 2 (+1) [Q4]
88% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 8
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
19% more capital invested
Capital invested by funds: $172M [Q3] → $205M (+$33M) [Q4]
12.66% more ownership
Funds ownership: 64.75% [Q3] → 77.42% (+12.66%) [Q4]
5% more funds holding
Funds holding: 39 [Q3] → 41 (+2) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for GINN.
Financial journalist opinion
Negative
Seeking Alpha
1 week ago
GINN: Why I'm Not Buying
The Goldman Sachs Innovate Equity ETF aims to profit from technological breakthroughs, but has underperformed compared to broader market indexes since its inception. GINN's top holdings resemble a standard S&P 500 fund, with significant exposure to mega-cap tech companies, limiting its innovation-focused appeal. Despite its diversified mandate, GINN has a high correlation to large-cap tech and charges a relatively high management fee of 50 basis points.

Positive
Seeking Alpha
10 months ago
GINN: An Innovation Fund With Strong Portfolio Construction
Goldman Sachs Innovate Equity ETF seeks to invest in innovative businesses at the forefront of technological disruption. The GINN ETF has low weightings at the top, providing diversification and reducing concentration risk. GINN has outperformed the ARK Innovation ETF with less risk, making it an attractive option for investors interested in innovation.
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