ETF Evaluator: Goldman Sachs Innovate Equity ETF () Follow This ETF

Goldman Sachs Innovate Equity ETF Overview

Goldman Sachs Innovate Equity ETF (GINN) is a passively managed International Equity Global Large-Stock Blend exchange-traded fund (ETF). Goldman Sachs launched the ETF in 2020.

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive Innovative Global Equity Index. The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities included in its index, in depositary receipts representing securities included in its index and in underlying stocks in respect of depositary receipts included in its index. The index is designed to deliver exposure to companies that may benefit from technological innovation and the resulting changes in the economy across five key themes that are potential drivers of changes in the economy.

About Goldman Sachs Innovate Equity ETF (GINN)

There are 1 members of the management team with an average tenure of 5.73 years: Raj Garigipati (2020). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: MSCI ACWI NR USD index with a weighting of 100% and Solactive Innovative Global Eqty NR USD index with a weighting of 100%. Goldman Sachs Innovate Equity ETF has 473 securities in its portfolio. The top 10 holdings constitute 15.7% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

Goldman Sachs Innovate Equity ETF is part of the Equity global asset class and is within the International Equity ETF group. Goldman Sachs Innovate Equity ETF has 25.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 74.3% There is 25.3% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Goldman Sachs Innovate Equity ETF has 0.2% of the portfolio in cash.

Assets Under Management

The fund has $204 million in total assets, which is below the $2 billion average for the Global Large-Stock Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

GINN Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Goldman Sachs Innovate Equity ETF expense ratio is average compared to funds in the Global Large-Stock Blend category. Goldman Sachs Innovate Equity ETF has an expense ratio of 0.50%, which is 2% higher than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Goldman Sachs Innovate Equity ETF has a portfolio turnover rate of 45%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 50% for the Global Large-Stock Blend category.

Recently, in the month of July 2026, Goldman Sachs Innovate Equity ETF returned 0.1%, which earned it a grade of C, as the Global Large-Stock Blend category had an average return of 0.0%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

Goldman Sachs Innovate Equity ETF has a trailing yield of 1.17%, which is below the 1.66% category average. The fund normally distributes its income monthly.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Goldman Sachs Innovate Equity ETF Grades

Year to date, the ETF has returned 7.6%, 1.6 percentage points worse than the category, which translates into a grade of D. The fund has returned 16.9% over the past year (grade of D), 16.3% over the past three years (grade of C) and 6.1% per year over the past five years (grade of F).

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