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GIEQ

GradeANASDAQ Global Market

Goldman Sachs Data Enhanced International Equity ETF

Active Equity · Goldman · Inception 2026-05-19

$41.72−0.67 (−1.58%)

As of Sep 23, 2026, 1:18 PM EDT

History starts May 21, 2026.History starts May 21, 2026.History starts May 21, 2026.
Intraday session: down, 6 prints from 42.38 to 41.72. Range 41.71 to 42.02. Use the arrow keys to read each point.$41.80$41.90$42.0010 AM12 PM2 PM4 PM
Expense ratio
0.30%
Fund size
$40M
1Y return
—
Yield · Last 12 months
—
Holdings
282
Volume · 30D
0M sh
NAV per share
$42.02
52W range
low $39.92high $43.49

The ETF.net GIEQ Grade

A

77/ 100

Rank 5 of 57 in International Active Equity⁠

Confidence Medium

Six-pillar profile for GIEQ. Scores out of 100: Cost 89, Risk 85, Mission not scored, Tradability 54, Holdings 81, Durability 45. Strongest: Cost (89). Weakest: Durability (45). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 77 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 89
    Category rank7/57 · top 12%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 85
    Category rank1/57 · top 2%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 54
    Category rank29/57 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 81
    Category rank9/53 · top 17%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 45
    Category rank37/57 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on GIEQ

ETF.net Research

AGoldman's quant desk pointed its data-driven stock picking at developed markets outside the US: roughly 300 names, models doing the selecting, 0.30% a year. Active international at close to index-fund pricing.

Stated mandate

The Fund seeks long-term growth of capital.

Why people hold it

  1. 01Charges 0.30% a year, roughly half the typical fee in its active international peer group (cohort median 0.59%).
  2. 02Actively run off Goldman's quantitative models rather than a rulebook index, with the stated aim of outdoing a developed ex-US benchmark.am.gs.com
  3. 03Broad by design: about 300 holdings, at least 80% of net assets in non-US issuers, spread across large and mid caps.am.gs.com
  4. 04Plain 1940 Act ETF structure. No leverage, no options overlay, no exotic flags, so stock selection is the only moving part.

Worth knowing

  1. 01Launched in 2026 with a small asset base and thin early trading, so there is no long record yet and limit orders matter more than in a giant fund.
  2. 02Cheap for active, not the cheapest on the shelf: systematic rivals DFIC, AVDE and JIRE all price under 0.25%.
  3. 03The mandate is long-term growth of capital, not income, and the fund has not been paying out distributions.

GIEQ Holdings

As of Sep 20, 2026, 6:05 AM
Asset class
Stocks
Holdings
282
Top-10 weight
15%
Largest holding
ASML.AS3.2%

Geography

  • Japan24.94%
  • United Kingdom12.50%
  • France10.75%
  • Switzerland10.32%
  • Germany10.01%
  • Australia7.45%
  • Netherlands5.30%
  • Spain3.59%
  • Other countries (15)15.12%

Developed 99% · Emerging 1% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 20.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001ASML.ASASML HOLDING N.V.3.16%778$1M194
002ROP.SWROCHE HOLDING AG1.98%1,806$792K196
003NESN.SWNESTLE S.A.1.54%6,500$618K162
004BHP.AXBHP GROUP LIMITED1.38%12,918$553K151
005ALV.DEAllianz SE1.37%1,062$550K158
006UBSG.SWUBS GROUP AG1.23%9,669$492K137
007SIE.DESIEMENS AG REG SHS1.22%1,597$489K152
008SAF.PASAFRAN SA1.14%1,196$456K156
009ULVR.LUNILEVER PLC1.12%7,277$450K124
010HSBA.LHSBC HOLDINGS PLC1.11%21,735$446K145
011UCG.MIUNICREDIT, SOCIETA' PER AZIONI1.06%4,427$426K154
012DTE.DEDEUTSCHE TELEKOM AG1.01%12,462$405K151
013CFR.SWCOMPAGNIE FINANCIERE RICHEMONT SA0.93%1,784$372K129
014BBVA.MCBANCO BILBAO VIZCAYA0.93%12,845$371K142
015CS.PAAXA0.92%7,146$370K149

Showing 1–15 of 289 holdings

GIEQ Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

GIEQ$10,191
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. GIEQ $10,191. SPY $10,415. Use the arrow keys to read each point.$9,741$10,122$10,502Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for GIEQ. Periods over one year show the average yearly return.
PeriodGIEQ
Year to dateFund launched this year—
1 month−1.9%
3 months+1.9%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for GIEQ
YearReturn barGIEQ
2026 YTD+4.7%

History from May 21, 2026

GIEQ in the news

GIEQ Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed May 2026. No distributions yet.

GIEQ Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched May 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched May 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched May 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.32
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

GIEQ Cost

Expense ratio0.30%
  • The middle half of International Active Equity funds
  • Median 0.58%

5 of the 55 International Active Equity funds charge less.

GIEQ costs $30.00 a year on $10,000. The median International Active Equity fund costs $58.00.