Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF
$48.63−0.23 (−0.47%)
- Expense ratio
- 0.45%
- Fund size
- $145M
- 1Y return
- −0.2%
- Yield · Last 12 months
- 5.75%
- Holdings
- 520
- Volume · 30D
- 0M sh
- NAV per share
- $49.00
- 52W range
The ETF.net GPRF Grade
Score 59 of 100 sits in the B 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 75Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.CScore 47Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 47Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 47Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 88Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 38Category rank
Our read on GPRF
BGoldman's 2024 entry into preferred stock: roughly 400 U.S. preferreds and hybrids, the slice of the market that sits between bonds and common shares, bundled at 0.45% a year and paid out monthly.
Invests primarily in U.S. preferred stocks and hybrid securities.
Why people hold it
- At 0.45% a year it sits at the cheap end of the preferred aisle, matching State Street's PSK and running well under actively run options like FPE at 0.83%.
- Roughly 400 positions spread the credit exposure across many issuers rather than a handful of big deals, and the portfolio build is a strength versus preferred-fund peers.
- Income lands monthly, not quarterly, which is the cadence most preferred-stock buyers are actually after.
- A rules-based index basket of U.S. preferreds and hybrids: one ticket instead of hunting individual bank and utility issues on a thin over-the-counter desk.gsam.com
Worth knowing
- Still a small fund and lightly traded next to the category's giants, so spreads can be wider and limit orders matter more, especially around the open and close.
- Launched in 2024, so it carries a shorter live record than the decade-plus incumbents in preferreds.
- Preferreds are treated as fixed income here: prices move on interest rates and issuer credit, so this is an income sleeve rather than an equity growth holding.
GPRF Holdings
- Bonds
- 520
- 8%
- GOLDMAN SACHS TRUST - GOL 09/17/2026
Sectors
- Financials74.7%
- Utilities9.4%
- Real Estate6.6%
- Communication6.0%
- Consumer Discr.2.1%
- Industrials1.0%
- Energy0.3%
Geography
- United States98.26%
- Bermuda1.19%
- Canada0.36%
- Netherlands0.19%
GPRF Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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.
| Period | GPRF |
|---|---|
| Year to date | +0.3% |
| 1 month | −0.6% |
| 3 months | −0.9% |
| 1 year | −0.2% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | GPRF |
|---|---|---|
| 2026 YTD | +0.3% | |
| 2025 | +6.2% | |
| 2024 | +2.4% |
GPRF in the news
ETF.net Research hasn’t filed on GPRF yet — coverage lands here as it’s written.
GPRF Dividends
- 5.75%
- $2.81
- $0.21 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 8, 2026 | $0.21 |
| Aug 3, 2026 | Aug 7, 2026 | $0.21 |
| Jul 1, 2026 | Jul 8, 2026 | $0.27 |
| Jun 1, 2026 | Jun 5, 2026 | $0.21 |
| May 1, 2026 | May 7, 2026 | $0.24 |
| Apr 1, 2026 | Apr 8, 2026 | $0.31 |
| Mar 2, 2026 | Mar 6, 2026 | $0.06 |
| Feb 2, 2026 | Feb 6, 2026 | $0.40 |
| Dec 31, 2025 | Jan 7, 2026 | $0.22 |
| Dec 1, 2025 | Dec 5, 2025 | $0.19 |
| Nov 3, 2025 | Nov 7, 2025 | $0.21 |
| Oct 1, 2025 | Oct 7, 2025 | $0.27 |
GPRF Risk
- 3.9%
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.
- −0.09
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.
- −4.4%
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.
- 0.23
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
GPRF Cost
- The middle half of Preferred Securities funds
- Median 0.50%
5 of the 31 Preferred Securities funds charge less.