AN
INVESTMENT IN A FUND IS NOT A BANK DEPOSIT AND IS NOT INSURED BY THE
FEDERAL DEPOSIT
INSURANCE
CORPORATION OR ANY OTHER GOVERNMENT AGENCY. AN INVESTMENT IN A FUND
INVOLVES
INVESTMENT
RISKS, AND YOU MAY LOSE MONEY IN THE
FUND. |
|
|
Management
Fee |
|
Distribution
and Service (12b-1) Fee |
|
Other
Expenses |
|
Total
Annual Fund Operating Expenses |
|
Expense
Limitation1 |
( |
Total
Annual Fund Operating Expenses After Expense
Limitation |
|
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
Since
Inception |
Inception
Date | |
ActiveBeta®
Emerging Markets Equity ETF |
|
|
|
|
Returns
Before Taxes |
- |
- |
|
|
Returns
After Taxes on Distributions |
- |
- |
|
|
Returns
After Taxes on Distributions and Sale of Fund Shares |
- |
- |
|
|
Goldman
Sachs ActiveBeta®
Emerging Markets Equity Index (reflects no deduction for fees or
expenses) |
- |
- |
|
|
MSCI
Emerging Markets Index (Net, Unhedged; reflects no deduction for fees or
expenses) |
- |
- |
|
|
Portfolio
Management |
Buying
and Selling Fund Shares |
Tax
Information |
Payments
to Broker-Dealers and
Other
Financial Intermediaries |
|
|
Management
Fee |
|
Distribution
and Service (12b-1) Fee |
|
Other
Expenses |
|
Total
Annual Fund Operating Expenses |
|
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
Since
Inception |
Inception
Date | |
Goldman
Sachs ActiveBeta®
Europe Equity ETF |
|
|
|
|
Returns
Before Taxes |
- |
|
|
|
Returns
After Taxes on Distributions |
- |
|
|
|
Returns
After Taxes on Distributions and Sale of Fund Shares |
- |
|
|
|
Goldman
Sachs ActiveBeta®
Europe Equity Index (reflects no deduction for fees or
expenses) |
- |
|
|
|
MSCI
Europe Index (Net, Unhedged; reflects no deduction for fees or
expenses) |
- |
|
|
|
Portfolio
Management |
Buying
and Selling Fund Shares |
Tax
Information |
Payments
to Broker-Dealers and
Other
Financial Intermediaries |
|
|
Management
Fee |
|
Distribution
and Service (12b-1) Fee |
|
Other
Expenses |
|
Total
Annual Fund Operating Expenses |
|
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
Since
Inception |
Inception
Date | |
ActiveBeta®
International Equity ETF |
|
|
|
|
Returns
Before Taxes |
- |
|
|
|
Returns
After Taxes on Distributions |
- |
|
|
|
Returns
After Taxes on Distributions and Sale of Fund Shares |
- |
|
|
|
Goldman
Sachs ActiveBeta®
International Equity Index (reflects no deduction for fees or
expenses) |
- |
|
|
|
MSCI
World ex USA Index (Net, Unhedged, USD; reflects no deduction for fees or
expenses) |
- |
|
|
|
Portfolio
Management |
Buying
and Selling Fund Shares |
Tax
Information |
Payments
to Broker-Dealers and
Other
Financial Intermediaries |
|
|
Management
Fee |
|
Distribution
and Service (12b-1) Fee |
|
Other
Expenses |
|
Total
Annual Fund Operating Expenses |
|
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
Since
Inception |
Inception
Date | |
Goldman
Sachs ActiveBeta®
Japan Equity ETF |
|
|
|
|
Returns
Before Taxes |
- |
|
|
|
Returns
After Taxes on Distributions |
- |
- |
|
|
Returns
After Taxes on Distributions and Sale of Fund Shares |
- |
|
|
|
Goldman
Sachs ActiveBeta®
Japan Equity Index (reflects no deduction for fees or
expenses) |
- |
|
|
|
MSCI
Japan Index (Unhedged; reflects no deduction for fees or
expenses) |
- |
|
|
|
Portfolio
Management |
Buying
and Selling Fund Shares |
Tax
Information |
Payments
to Broker-Dealers and
Other
Financial Intermediaries |
|
|
Management
Fee |
|
Distribution
and Service (12b-1) Fee |
|
Other
Expenses |
|
Total
Annual Fund Operating Expenses |
|
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
Year |
Since
Inception |
Inception
Date | |
Goldman
Sachs ActiveBeta®
Paris-Aligned Climate U.S. Large Cap Equity ETF |
|
|
|
Returns
Before Taxes |
- |
- |
|
Returns
After Taxes on Distributions |
- |
- |
|
Returns
After Taxes on Distributions and Sale of Fund Shares |
- |
- |
|
Goldman
Sachs ActiveBeta®
Paris-Aligned U.S. Large Cap Equity Index (reflects no deduction for fees
or
expenses) |
- |
- |
|
Solactive
US Large Cap Index (Total Return, unhedged, USD, reflects no deduction for
fees or expenses) |
- |
- |
|
Portfolio
Management |
Buying
and Selling Fund Shares |
Tax
Information |
Payments
to Broker-Dealers and
Other
Financial Intermediaries |
|
|
Management
Fee |
|
Distribution
and Service (12b-1) Fee |
|
Other
Expenses |
|
Total
Annual Fund Operating Expenses |
|
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
Since
Inception |
Inception
Date | |
ActiveBeta®
U.S. Large Cap Equity ETF |
|
|
|
|
Returns
Before Taxes |
- |
|
|
|
Returns
After Taxes on Distributions |
- |
|
|
|
Returns
After Taxes on Distributions and Sale of Fund Shares |
- |
|
|
|
Goldman
Sachs ActiveBeta®
U.S. Large Cap Equity Index (reflects no deduction for fees or
expenses) |
- |
|
|
|
S&P
500 Index (Total Return, USD; reflects no deduction for fees or
expenses) |
- |
|
|
|
Portfolio
Management |
Buying
and Selling Fund Shares |
Tax
Information |
Payments
to Broker-Dealers and
Other
Financial Intermediaries |
|
|
Management
Fee |
|
Distribution
and Service (12b-1) Fee |
|
Other
Expenses |
|
Total
Annual Fund Operating Expenses |
|
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1
Year |
5
Years |
Since
Inception |
Inception
Date | |
ActiveBeta®
U.S. Small Cap Equity ETF |
|
|
|
|
Returns
Before Taxes |
- |
|
|
|
Returns
After Taxes on Distributions |
- |
|
|
|
Returns
After Taxes on Distributions and Sale of Fund Shares |
- |
|
|
|
Goldman
Sachs ActiveBeta®
U.S. Small Cap Equity Index (reflects no deduction for fees or
expenses) |
- |
|
|
|
Russell
2000®
Index (reflects no deduction for fees or expenses) |
- |
|
|
|
Portfolio
Management |
Buying
and Selling Fund Shares |
Tax
Information |
Payments
to Broker-Dealers and
Other
Financial Intermediaries |
|
|
Management
Fee |
|
Distribution
and Service (12b-1) Fee |
|
Other
Expenses |
|
Total
Annual Fund Operating Expenses |
|
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
|
|
|
Portfolio
Management |
Buying
and Selling Fund Shares |
Tax
Information |
Payments
to Broker-Dealers and
Other
Financial Intermediaries |
Tax
Information |
Payments
to Broker-Dealers and
Other
Financial Intermediaries |
INVESTMENT
OBJECTIVE |
PRINCIPAL
INVESTMENT STRATEGIES |
INDEX
DISCLAIMERS |
OTHER
INVESTMENT PRACTICES AND
SECURITIES |
10 Percent
of total assets (including securities lending
collateral)
(italic type)
10 Percent
of net assets (excluding borrowings for
investment
purposes) (roman type)
• No
specific percentage limitation on usage; limited
only
by the objective and strategies of the Fund.
A
Fund may only invest up to 20% of its assets in
securities
and other instruments not included in its
underlying
index. |
ActiveBeta®
Emerging
Markets
ETF |
ActiveBeta®
Europe
Equity
ETF |
ActiveBeta®
International
Equity
ETF |
ActiveBeta®
Japan
Equity
ETF |
ActiveBeta®
Paris-Aligned
Climate
U.S.
Large
Cap
Equity
ETF |
ActiveBeta®
U.S.
Large
Cap
ETF |
ActiveBeta®
U.S.
Small
Cap
ETF |
ActiveBeta®
World
Low
Vol
Plus
Equity
ETF |
Investment
Practices |
|
|
|
|
|
|
|
|
Borrowings |
33 1∕3 |
33 1∕3 |
33 1∕3 |
33 1∕3 |
33 1∕3 |
33 1∕3 |
33 1∕3 |
33 1∕3 |
Derivatives,
including Futures,
Options
and Swaps |
• |
• |
• |
• |
• |
• |
• |
• |
Foreign
Currency Transactions
(including
Forward Contracts) |
• |
• |
• |
• |
|
|
|
|
Illiquid
Investments* |
15 |
15 |
15 |
15 |
15 |
15 |
15 |
15 |
Investment
Company Securities
(including
ETFs)** |
10 |
10 |
10 |
10 |
10 |
10 |
10 |
10 |
Preferred
Stock, Warrants and Stock
Purchase
Rights |
• |
• |
• |
• |
• |
• |
• |
• |
Repurchase
Agreements |
• |
• |
• |
• |
• |
• |
• |
• |
Securities
Lending |
33 1∕3 |
33 1∕3 |
33 1∕3 |
33 1∕3 |
33 1∕3 |
33 1∕3 |
33 1∕3 |
33 1∕3 |
•
No specific percentage limitation on usage;
limited
only by the objective and strategies of the
Fund |
ActiveBeta®
Emerging
Markets
Equity
ETF |
ActiveBeta®
Europe
Equity
ETF |
ActiveBeta®
International
Equity
ETF |
ActiveBeta®
Japan
Equity
ETF |
ActiveBeta®
Paris-Aligned
Climate
U.S.
Large
Cap
Equity
ETF |
ActiveBeta®
U.S.
Large
Cap
Equity
ETF |
ActiveBeta®
U.S.
Small
Cap
Equity
ETF |
ActiveBeta®
World
Low
Vol
Plus
Equity
ETF |
Investment
Securities |
|
|
|
|
|
|
|
|
Emerging
Country Securities |
• |
|
|
|
|
|
|
|
Equity
Investments |
• |
• |
• |
• |
• |
• |
• |
• |
Foreign
Securities |
• |
• |
• |
• |
|
|
|
• |
✓ Principal
Risk
• Additional
Risk |
ActiveBeta®
Emerging
Markets
Equity
ETF |
ActiveBeta®
Europe
Equity
ETF |
ActiveBeta®
International
Equity
ETF |
ActiveBeta®
Japan
Equity
ETF |
ActiveBeta®
Paris-Aligned
Climate
U.S.
Large
Cap
Equity
ETF |
ActiveBeta®
U.S.
Large
Cap
Equity
ETF |
ActiveBeta®
U.S.
Small
Cap
Equity
ETF |
ActiveBeta®
World
Low
Vol
Plus
Equity
ETF |
Absence
of Active Market Risk |
• |
• |
• |
• |
• |
• |
• |
• |
Asian
Investment Risk |
• |
|
• |
• |
|
|
|
• |
Authorized
Participant
Concentration
Risk |
• |
• |
• |
• |
• |
• |
• |
• |
Calculation
Methodology Risk |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
Cash
Transactions Risk |
✓ |
|
|
|
|
|
|
|
Cybersecurity
Risk |
• |
• |
• |
• |
• |
• |
• |
• |
Depositary
Receipts Risk |
✓ |
✓ |
✓ |
✓ |
|
|
|
✓ |
Derivatives
Risk |
• |
• |
• |
• |
• |
• |
• |
• |
Emerging
Countries Risk |
✓ |
|
|
|
|
|
|
|
European
Investment Risk |
|
✓ |
✓ |
|
|
|
|
• |
Expenses
Risk |
✓ |
• |
• |
• |
• |
• |
• |
• |
Foreign
Risk |
✓ |
✓ |
✓ |
✓ |
|
|
|
✓ |
Foreign
Custody Risk |
• |
• |
• |
• |
|
|
|
• |
Geographic
Risk |
✓ |
✓ |
✓ |
✓ |
• |
|
|
✓ |
Index
Risk |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
Industry
Concentration Risk |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
Investment
Style Risk |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
Initial
Public Offering Risk |
|
|
|
|
• |
|
|
|
Japan
Risk |
|
|
|
✓ |
|
|
|
|
Large
Shareholder Risk |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
Liquidity
Risk |
• |
• |
• |
• |
• |
• |
• |
• |
Low
Volatility Risk |
|
|
|
|
|
|
|
✓ |
Market
Risk |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
Market
Trading Risk |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
Mid-Cap
and Small-Cap Risk |
✓ |
✓ |
✓ |
✓ |
|
|
✓ |
✓ |
“Paris-Aligned”
Investing Risk |
|
|
|
|
✓ |
|
|
|
Secondary
Listing Risk |
• |
• |
• |
• |
• |
• |
• |
• |
Seed
Investor Risk |
|
|
|
|
✓ |
|
|
|
Stock
Risk |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
Tracking
Error Risk |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
Trading
Issues Risk |
• |
• |
• |
• |
• |
• |
• |
• |
Valuation
Risk |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
✓ |
INVESTMENT
ADVISER |
Investment
Adviser |
Fund |
Goldman
Sachs Asset Management, L.P. (“GSAM”)
200
West Street
New
York, NY 10282 |
ActiveBeta®
Emerging Markets Equity ETF
ActiveBeta®
Europe Equity ETF
ActiveBeta®
International Equity ETF
ActiveBeta®
Japan Equity ETF
ActiveBeta®
Paris-Aligned Climate U.S. Large Cap Equity ETF
ActiveBeta®
U.S. Large Cap Equity ETF
ActiveBeta®
U.S. Small Cap Equity ETF
ActiveBeta®
World Low Vol Plus Equity ETF |
MANAGEMENT
FEE AND OTHER EXPENSES |
Fund |
Fee
as a
Percentage
of
Average
Daily
Net
Assets |
ActiveBeta®
Emerging Markets Equity ETF |
0.40% |
ActiveBeta®
Europe Equity ETF |
0.25% |
ActiveBeta®
International Equity ETF |
0.25% |
ActiveBeta®
Japan Equity ETF |
0.25% |
ActiveBeta®
Paris-Aligned Climate U.S. Large Cap Equity ETF |
0.20% |
ActiveBeta®
U.S. Large Cap Equity ETF |
0.09% |
ActiveBeta®
U.S. Small Cap Equity ETF |
0.20% |
ActiveBeta®
World Low Vol Plus Equity ETF |
0.25% |
FUND
MANAGERS |
Name
and Title |
Fund
Responsibility |
Years
Primarily
Responsible |
Five
Year Employment History |
Raj
Garigipati
Managing
Director |
Portfolio
Manager—
ActiveBeta®
Emerging Markets
Equity
ETF
ActiveBeta®
Europe Equity ETF
ActiveBeta®
International
Equity
ETF
ActiveBeta®
Japan Equity ETF
ActiveBeta®
Paris-Aligned
Climate
U.S. Large Cap Equity
ETF
ActiveBeta®
U.S. Large Cap
Equity
ETF
ActiveBeta®
U.S. Small Cap
Equity
ETF
ActiveBeta®
World Low Vol
Plus
Equity ETF |
Since
2015
2016
2015
2016
2021
2015
2017
2022 |
Mr.
Garigipati joined the ETF Portfolio Management team in 2015.
He
joined Goldman Sachs in 2003 and became the Chief Risk
Officer
in 2011. |
DISTRIBUTOR |
TRANSFER
AGENT, CUSTODIAN AND
PROVIDER
OF ADMINISTRATIVE SERVICES |
ACTIVITIES
OF GOLDMAN SACHS AND ITS AFFILIATES AND OTHER
ACCOUNTS
MANAGED BY GOLDMAN SACHS |
Buying
and Selling Shares |
Payments
to Broker-Dealers and Other Financial
Intermediaries |
Net
Asset Value |
NAV
= |
(Value
of Assets of the Fund)
–
(Liabilities of the Fund) |
|
Number
of Outstanding Shares of the
Fund |
Book
Entry |
Creations
and Redemptions |
DISTRIBUTIONS |
TAXES
ON CREATIONS AND REDEMPTIONS OF CREATION
UNITS |
SALES
OF FUND SHARES |
OTHER
INFORMATION |
PREMIUM/DISCOUNT
INFORMATION |
CONTINUOUS
OFFERING |
DISTRIBUTION
AND SERVICE PLAN |
A. General
Portfolio Risks |
B.
Other Portfolio Risks |
C.
Portfolio Securities and
Techniques |
|
ActiveBeta®
Emerging Markets Equity ETF | ||||
|
For
the Fiscal
Year
Ended August 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Per
Share Operating Performance: | |||||
Net
asset value, beginning of year |
$29.42 |
$39.33 |
$33.28 |
$31.12 |
$32.98 |
Net
investment income(a) |
0.91 |
1.13 |
0.67 |
0.80
(b) |
0.75 |
Net
realized and unrealized gain (loss) |
0.06 |
(9.55
) |
6.07 |
2.17 |
(1.79
) |
Total
gain (loss) from investment operations |
0.97 |
(8.42
) |
6.74 |
2.97 |
(1.04
) |
Distributions
to shareholders from net investment income |
(0.78
) |
(1.49
) |
(0.69
) |
(0.81
) |
(0.82
) |
Net
asset value, end of year |
$29.61 |
$29.42 |
$39.33 |
$33.28 |
$31.12 |
Market
price, end of year |
$29.48 |
$29.03 |
$39.16 |
$33.28 |
$31.14 |
Total
Return at Net Asset Value(c) |
3.50
% |
(21.97
)% |
20.49
% |
9.55
% |
(3.21
)% |
Net
assets, end of year (in 000’s) |
$969,708 |
$1,025,208 |
$1,388,289 |
$1,710,477 |
$1,699,201 |
Ratio
of net expenses to average net assets |
0.45
% |
0.45
% |
0.45
% |
0.45
% |
0.45
% |
Ratio
of total expenses to average net assets |
0.52
% |
0.51
% |
0.51
% |
0.52
% |
0.51
% |
Ratio
of net investment income to average net assets |
3.15
% |
3.29
% |
1.76
% |
2.55
%(b) |
2.37
% |
Portfolio
turnover rate(d) |
21
% |
18
% |
46
% |
38
% |
28
% |
|
ActiveBeta®
Europe Equity ETF | ||||
|
For
the Fiscal
Year
Ended August 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Per
Share Operating Performance: | |||||
Net
asset value, beginning of year |
$27.47 |
$37.99 |
$29.85 |
$28.59 |
$30.82 |
Net
investment income(a) |
1.16 |
1.01 |
0.84 |
0.58 |
0.89 |
Net
realized and unrealized gain (loss) |
5.50 |
(10.29
) |
8.15 |
1.27 |
(1.84
) |
Total
gain (loss) from investment operations |
6.66 |
(9.28
) |
8.99 |
1.85 |
(0.95
) |
Distributions
to shareholders from net investment income |
(1.02
) |
(1.24
) |
(0.85
) |
(0.59
) |
(1.28
) |
Net
asset value, end of year |
$33.11 |
$27.47 |
$37.99 |
$29.85 |
$28.59 |
Market
price, end of year |
$33.05 |
$27.26 |
$38.05 |
$29.81 |
$28.62 |
Total
Return at Net Asset Value(b) |
24.40
% |
(24.81
)% |
30.45
% |
6.69
% |
(3.15
)% |
Net
assets, end of year (in 000’s) |
$11,587 |
$12,363 |
$20,893 |
$16,416 |
$18,584 |
Ratio
of total expenses to average net assets |
0.25
% |
0.25
% |
0.25
% |
0.25
% |
0.25
% |
Ratio
of net investment income to average net assets |
3.74
% |
2.98
% |
2.47
% |
2.01
% |
3.07
% |
Portfolio
turnover rate(c) |
14
% |
19
% |
19
% |
18
% |
17
% |
|
ActiveBeta®
International Equity ETF | ||||
|
For
the Fiscal
Year
Ended August 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Per
Share Operating Performance: | |||||
Net
asset value, beginning of year |
$27.64 |
$35.76 |
$28.72 |
$27.70 |
$29.42 |
Net
investment income(a) |
0.92 |
0.96 |
0.75 |
0.57 |
0.86 |
Net
realized and unrealized gain (loss) |
3.55 |
(8.07
) |
6.97 |
1.05 |
(1.78
) |
Total
gain (loss) from investment operations |
4.47 |
(7.11
) |
7.72 |
1.62 |
(0.92
) |
Distributions
to shareholders from net investment income |
(0.91
) |
(1.01
) |
(0.68
) |
(0.60
) |
(0.80
) |
Net
asset value, end of year |
$31.20 |
$27.64 |
$35.76 |
$28.72 |
$27.70 |
Market
price, end of year |
$31.21 |
$27.52 |
$35.75 |
$28.63 |
$27.73 |
Total
Return at Net Asset Value(b) |
16.40
% |
(20.18
)% |
27.12
% |
5.96
% |
(3.09
)% |
Net
assets, end of year (in 000’s) |
$3,251,062 |
$2,720,037 |
$3,093,235 |
$1,743,562 |
$1,545,601 |
Ratio
of total expenses to average net assets |
0.25
% |
0.25
% |
0.25
% |
0.25
% |
0.25
% |
Ratio
of net investment income to average net assets |
3.08
% |
2.97
% |
2.31
% |
2.08
% |
3.10
% |
Portfolio
turnover rate(c) |
14
% |
18
% |
21
% |
20
% |
17
% |
|
ActiveBeta®
Japan Equity ETF | ||||
|
For
the Fiscal
Year
Ended August 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Per
Share Operating Performance: | |||||
Net
asset value, beginning of year |
$30.15 |
$37.91 |
$32.60 |
$30.59 |
$32.99 |
Net
investment income(a) |
0.69 |
0.70 |
0.60 |
0.66 |
0.82 |
Net
realized and unrealized gain (loss) |
3.99 |
(7.75
) |
5.25 |
2.15 |
(2.29
) |
Total
gain (loss) from investment operations |
4.68 |
(7.05
) |
5.85 |
2.81 |
(1.47
) |
Distributions
to shareholders from net investment income |
(0.65
) |
(0.71
) |
(0.54
) |
(0.80
) |
(0.93
) |
Net
asset value, end of year |
$34.18 |
$30.15 |
$37.91 |
$32.60 |
$30.59 |
Market
price, end of year |
$34.18 |
$29.78 |
$37.75 |
$32.51 |
$30.52 |
Total
Return at Net Asset Value(b) |
15.69
% |
(18.76
)% |
18.02
% |
9.15
% |
(4.32
)% |
Net
assets, end of year (in 000’s) |
$13,671 |
$12,059 |
$15,163 |
$19,561 |
$24,468 |
Ratio
of total expenses to average net assets |
0.25
% |
0.25
% |
0.25
% |
0.25
% |
0.25
% |
Ratio
of net investment income to average net assets |
2.19
% |
2.03
% |
1.64
% |
2.09
% |
2.64
% |
Portfolio
turnover rate(c) |
17
% |
21
% |
21
% |
18
% |
33
% |
|
ActiveBeta®
Paris-Aligned Climate
U.S.
Large Cap Equity ETF | |
|
For the Fiscal
Year
Ended
August 31, 2023 |
For
the Period
December 13, 2021*
to
August 31,
2022 |
Per
Share Operating Performance: | ||
Net
asset value, beginning of period |
$32.50 |
$39.67 |
Net
investment income(a) |
0.45 |
0.32 |
Net
realized and unrealized gain (loss) |
4.52 |
(7.25
) |
Total
gain (loss) from investment operations |
4.97 |
(6.93
) |
Distributions
to shareholders from net investment income |
(0.48
) |
(0.24
) |
Net
asset value, end of period |
$36.99 |
$32.50 |
Market
price, end of period |
$37.01 |
$32.55 |
Total
Return at Net Asset Value(b) |
15.48
% |
(17.52
)% |
Net
assets, end of period (in 000’s) |
$7,397 |
$6,500 |
Ratio
of total expenses to average net assets |
0.20
% |
0.20
%(c) |
Ratio
of net investment income to average net assets |
1.33
% |
1.24
%(c) |
Portfolio
turnover rate(d) |
26
% |
19
% |
|
ActiveBeta®
U.S. Large Cap Equity ETF | ||||
|
For
the Fiscal
Year
Ended August 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Per
Share Operating Performance: | |||||
Net
asset value, beginning of year |
$78.36 |
$90.95 |
$70.70 |
$59.09 |
$58.75 |
Net
investment income(a) |
1.23 |
1.17 |
0.96 |
1.06 |
1.03 |
Net
realized and unrealized gain (loss) |
10.21 |
(12.61
) |
20.21 |
11.62 |
0.30 |
Total
gain (loss) from investment operations |
11.44 |
(11.44
) |
21.17 |
12.68 |
1.33 |
Distributions
to shareholders from net investment income |
(1.25
) |
(1.15
) |
(0.92
) |
(1.07
) |
(0.99
) |
Net
asset value, end of year |
$88.55 |
$78.36 |
$90.95 |
$70.70 |
$59.09 |
Market
price, end of year |
$88.57 |
$78.33 |
$90.91 |
$70.61 |
$59.07 |
Total
Return at Net Asset Value(b) |
14.83
% |
(12.70
)% |
30.21
% |
21.81
% |
2.42
% |
Net
assets, end of year (in 000’s) |
$11,410,473 |
$11,616,494 |
$13,769,847 |
$10,427,895 |
$6,606,050 |
Ratio
of total expenses to average net assets |
0.09
% |
0.09
% |
0.09
% |
0.09
% |
0.09
% |
Ratio
of net investment income to average net assets |
1.53
% |
1.36
% |
1.22
% |
1.72
% |
1.82
% |
Portfolio
turnover rate(c) |
11
% |
12
% |
16
% |
17
% |
16
% |
|
ActiveBeta®
U.S. Small Cap Equity ETF | ||||
|
For
the Fiscal
Year
Ended August 31, | ||||
|
2023 |
2022 |
2021 |
2020 |
2019 |
Per
Share Operating Performance: | |||||
Net
asset value, beginning of year |
$55.87 |
$64.97 |
$43.57 |
$42.84 |
$49.49 |
Net
investment income(a) |
0.84
(b) |
0.74
(c) |
0.53
(d) |
0.51 |
0.57 |
Net
realized and unrealized gain (loss) |
2.97 |
(9.07
) |
21.35 |
0.78 |
(6.66
) |
Total
gain (loss) from investment operations |
3.81 |
(8.33
) |
21.88 |
1.29 |
(6.09
) |
Distributions
to shareholders from net investment income |
(0.80
) |
(0.77
) |
(0.48
) |
(0.56
) |
(0.56
) |
Net
asset value, end of year |
$58.88 |
$55.87 |
$64.97 |
$43.57 |
$42.84 |
Market
price, end of year |
$58.85 |
$55.92 |
$64.94 |
$43.63 |
$42.84 |
Total
Return at Net Asset Value(e) |
6.95
% |
(12.95
)% |
50.45
% |
3.13
% |
(12.28
)% |
Net
assets, end of year (in 000’s) |
$482,839 |
$483,270 |
$412,543 |
$152,484 |
$96,399 |
Ratio
of total expenses to average net assets |
0.20
% |
0.20
% |
0.20
% |
0.20
% |
0.20
% |
Ratio
of net investment income to average net assets |
1.49
%(b) |
1.22
%(c) |
0.90
%(d) |
1.21
% |
1.32
% |
Portfolio
turnover rate(f) |
17
% |
20
% |
25
% |
20
% |
20
% |
|
ActiveBeta®
World Low Vol Plus Equity ETF | |
|
For
the Fiscal
Year
Ended
August
31, 2023 |
For
the Period
March 15, 2022*
to
August 31,
2022 |
Per
Share Operating Performance: | ||
Net
asset value, beginning of period |
$37.97 |
$40.57 |
Net
investment income(a) |
0.87 |
0.47 |
Net
realized and unrealized gain (loss) |
3.30 |
(2.76
) |
Total
gain (loss) from investment operations |
4.17 |
(2.29
) |
Distributions
to shareholders from net investment income |
(0.84
) |
(0.31
) |
Net
asset value, end of period |
$41.30 |
$37.97 |
Market
price, end of period |
$41.34 |
$37.98 |
Total
Return at Net Asset Value(b) |
11.15
% |
(5.65
)% |
Net
assets, end of period (in 000’s) |
$722,754 |
$558,112 |
Ratio
of total expenses to average net assets |
0.25
% |
0.25
%(c) |
Ratio
of net investment income to average net assets |
2.22
% |
2.54
%(c) |
Portfolio
turnover rate(d) |
31
% |
13
% |
FOR
MORE INFORMATION |
|
Shareholders/Authorized
Participants |
Financial
Advisors |
◼ By
telephone: |
1-800-621-2550 |
1-800-292-4726 |
◼ By
mail: |
Goldman
Sachs Funds
71
South Wacker Drive, Suite 1200
Chicago,
IL 60606 |
|
◼ On
the Internet: |
SEC
EDGAR database – http://www.sec.gov |
|