GREN vs. GACB - ETF Comparison
GREN - Goldman Sachs Global Green Bond UCITS ETF GBP Hedged (Dist)
The Goldman Sachs Global Green Bond UCITS ETF GBP Hedged (Dist) is an investment-grade bond ETF that tracks the Solactive Global Green Bond Select (GBP Hedged) index, providing exposure to a diversified portfolio of green bonds with all maturities. The fund is currency hedged to British Pound (GBP) and has a total expense ratio of 0.22% p.a.
GACB - Goldman Sachs ActiveBeta Emerging Markets Equity UCITS ETF CLASS USD (Acc.)
The Goldman Sachs ActiveBeta Emerging Markets Equity UCITS ETF CLASS USD (Acc.) is an exchange-traded fund that tracks the Goldman Sachs ActiveBeta Emerging Markets Equity index, focusing on companies from emerging markets. The fund employs a multi-factor strategy, considering value, momentum, quality, and low volatility. With an expense ratio of 0.49%, the ETF aims to provide long-term growth by replicating the performance of the underlying index through full replication.
| GREN | GACB | |
|---|---|---|
| Fund Name | Goldman Sachs Global Green Bond UCITS ETF GBP Hedged (Dist) | Goldman Sachs ActiveBeta Emerging Markets Equity UCITS ETF CLASS USD (Acc.) |
| Fund Provider | Goldman Sachs | Goldman Sachs |
| Index | Solactive Global Green Bond Select (GBP Hedged) | Goldman Sachs ActiveBeta Emerging Markets Equity |
| Asset Class | Bonds | Equity |
| Listing | EU-listed | EU-listed |
| Expense Ratio | 0.22% | 0.49% |
| Inception Date | 2024-02-13 | 2019-11-04 |
| Currency | GBP | USD |
| Distribution Policy | Distributing | Accumulating |
| Region | Global | Emerging Markets |
| Leveraged | Non-leveraged | Non-leveraged |
Select Timeframe
Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Performance Analysis
The performance analysis examines historical data to assess the returns of the investment strategy, including key metrics such as Cumulative returns, End of Year (EoY) returns, and risk-adjusted returns like the Sharpe ratio or the Sortino ratio.
Cumulative Returns
End of Year Returns Table
End of Year Returns
Risk Analysis
The risk analysis refers to an assessment of potential negative events that could lead to a loss of capital. Conducting a risk analysis can help in deciding whether an investment should be made. This is done using risk metrics such as drawdowns, volatility and beta which reflect stakeholders' confidence in the consistency of an investment strategy.
Drawdowns
Drawdowns Table
Monte Carlo Simulation
The Monte Carlo simulation is a statistical method used to forecast portfolio returns by generating a wide range of potential outcomes through random sampling from historical asset price data. It helps investors assess the potential risk and return of a portfolio under various market conditions. The simulation takes into account the initial investment and optionally simulates cash flow scenarios like fixed contributions, fixed withdrawals, or percentage withdrawals.
IMPORTANT: The forecast generated through Monte Carlo simulations is purely hypothetical and does not guarantee future returns. Investment decisions should be made with consideration of various factors, and past performance is not indicative of future results.