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GIGB
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Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB)

Upturn stock ratingUpturn stock rating
$45.48
Delayed price
Profit since last BUY0.15%
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Consider higher Upturn Star rating
BUY since 25 days
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Upturn Advisory Summary

03/27/2025: GIGB (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type ETF
Historic Profit -3.41%
Avg. Invested days 34
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
ETF Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 03/27/2025

Key Highlights

Volume (30-day avg) 84606
Beta 1.21
52 Weeks Range 42.36 - 46.57
Updated Date 03/28/2025
52 Weeks Range 42.36 - 46.57
Updated Date 03/28/2025

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Goldman Sachs Access Investment Grade Corporate Bond ETF

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ETF Overview

Overview

The Goldman Sachs Access Investment Grade Corporate Bond ETF (GSIG) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE Goldman Sachs Investment Grade Corporate Bond Index. It primarily invests in a diverse range of investment-grade corporate bonds, aiming for broad market exposure.

Reputation and Reliability

Goldman Sachs is a well-established and reputable financial institution with significant experience in asset management and ETF offerings.

Management Expertise

Goldman Sachs Asset Management has a team of experienced professionals managing GSIG, leveraging their expertise in fixed income investing.

Investment Objective

Goal

The ETF aims to track the performance of the FTSE Goldman Sachs Investment Grade Corporate Bond Index.

Investment Approach and Strategy

Strategy: GSIG aims to replicate the performance of the FTSE Goldman Sachs Investment Grade Corporate Bond Index, a market-weighted index representing the performance of U.S. dollar-denominated investment-grade corporate bonds.

Composition The ETF holds a diversified portfolio of investment-grade corporate bonds issued by U.S. companies.

Market Position

Market Share: GSIG's market share is relatively small compared to larger, more established investment-grade corporate bond ETFs.

Total Net Assets (AUM): 420000000

Competitors

Key Competitors

  • iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD)
  • Vanguard Total Bond Market ETF (BND)
  • SPDR Portfolio Aggregate Bond ETF (SPAB)

Competitive Landscape

The investment-grade corporate bond ETF market is dominated by large players like iShares and Vanguard. GSIG competes by offering a low expense ratio and access to Goldman Sachs' expertise, but faces challenges in gaining market share due to the established presence and brand recognition of its competitors. GSIG's advantage is its low expense ratio and Goldman Sachs' reputation, but its disadvantage is its smaller AUM and less trading volume compared to the leading ETFs.

Financial Performance

Historical Performance: Historical performance data needs to be accessed from financial data providers.

Benchmark Comparison: Performance compared to the FTSE Goldman Sachs Investment Grade Corporate Bond Index and other ETFs in its category.

Expense Ratio: 0.04

Liquidity

Average Trading Volume

GSIG's average trading volume is moderate, which may impact the ease of buying or selling large quantities of shares.

Bid-Ask Spread

The bid-ask spread is generally tight, indicating relatively efficient trading costs.

Market Dynamics

Market Environment Factors

Economic growth, interest rate movements, and credit spreads significantly impact GSIG's performance. Falling interest rates typically benefit bond ETFs, while rising rates can negatively affect them.

Growth Trajectory

GSIG's growth is dependent on attracting new investors and assets, influenced by its performance and marketing efforts. There are no significant changes to strategy or holdings.

Moat and Competitive Advantages

Competitive Edge

GSIG's primary competitive advantage is its low expense ratio and affiliation with Goldman Sachs, which offers access to its research and fixed-income expertise. This allows it to potentially deliver competitive returns compared to higher-cost alternatives. GSIG's niche market focus on investment-grade corporate bonds provides a targeted exposure sought by some investors. Goldman Sachs' active management of the underlying index may offer some potential for outperformance.

Risk Analysis

Volatility

GSIG's volatility is typically lower than equity ETFs but is still sensitive to interest rate changes and credit spread fluctuations.

Market Risk

The main market risks include interest rate risk (rising rates can decrease bond values) and credit risk (risk of bond issuers defaulting). Economic downturns can also increase credit spreads and negatively impact bond prices.

Investor Profile

Ideal Investor Profile

The ideal investor is a risk-averse individual seeking stable income and capital preservation through exposure to investment-grade corporate bonds. It's also suited for investors wanting a core fixed-income holding with a low expense ratio.

Market Risk

GSIG is best for long-term investors seeking a passive, diversified exposure to investment-grade corporate bonds. It is suitable for passive index followers and those seeking relatively low volatility.

Summary

GSIG offers investors a cost-effective way to gain exposure to a diversified portfolio of investment-grade corporate bonds. Managed by Goldman Sachs, it aims to closely track the FTSE Goldman Sachs Investment Grade Corporate Bond Index with a very low expense ratio. While it faces competition from larger and more established ETFs, its low cost and the reputation of Goldman Sachs offer a compelling proposition. It is suitable for risk-averse investors seeking a stable income stream and capital preservation.

Similar Companies

  • VCIT
  • IGIB
  • SPIB
  • VCSH

Sources and Disclaimers

Data Sources:

  • Goldman Sachs Asset Management Website
  • ETF.com
  • Morningstar

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual circumstances and after consulting with a qualified financial advisor. Market data is subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Goldman Sachs Access Investment Grade Corporate Bond ETF

Exchange NYSE ARCA
Headquaters -
IPO Launch date -
CEO -
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website

The fund seeks to achieve its investment objective by investing at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index. The index is a rules-based index that is designed to measure the performance of investment grade and high yield bonds issued by emerging market governments or quasi-government entities denominated in U.S. dollars ("USD") that meet certain liquidity criteria.

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