ETF Evaluator: Goldman Sachs Technology Opports ETF () Follow This ETF

Goldman Sachs Technology Opports ETF Overview

Goldman Sachs Technology Opports ETF (GTOP) is an actively managed Sector Equity Technology exchange-traded fund (ETF). Goldman Sachs launched the ETF in 1999.

The investment seeks long-term growth of capital. The fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) ("Net Assets") in equity investments in technology companies. It seeks to achieve its investment objective by investing, under normal circumstances, in companies that are considered by the Investment Adviser to benefit from the proliferation of technology. The fund may invest up to 25% of its total assets measured at the time of purchase ("Total Assets") in foreign securities. The fund is non-diversified.

About Goldman Sachs Technology Opports ETF (GTOP)

There are 3 members of the management team with an average tenure of 6.01 years: Charles (Brook) Dane (2018), Sung Cho (2018) and Raj Garigipati (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: Russell 1000 TR USD index with a weighting of 100% and NASDAQ Composite TR USD index with a weighting of 100%. Goldman Sachs Technology Opports ETF has 36 securities in its portfolio. The top 10 holdings constitute 54.6% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

Goldman Sachs Technology Opports ETF is part of the Equity global asset class and is within the Sector Equity ETF group. Goldman Sachs Technology Opports ETF has 4.2% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 94.9% There is 4.2% 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 Technology Opports ETF has 0.9% of the portfolio in cash.

Assets Under Management

The fund has $700 million in total assets, which is below the $3 billion average for the Technology 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.

GTOP 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 Technology Opports ETF expense ratio is above average compared to funds in the Technology category. Goldman Sachs Technology Opports ETF has an expense ratio of 0.65%, which is 21% higher than its category average, making the fund expense ratio grade a D. 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 Technology Opports ETF has a portfolio turnover rate of 60%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 39% for the Technology category.

Recently, in the month of July 2026, Goldman Sachs Technology Opports ETF returned -5.3%, which earned it a grade of B, as the Technology category had an average return of -9.8%. 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 Technology Opports ETF has a trailing yield of 0.00%, which is below the 0.45% category average. The fund normally distributes its income annually and its capital gains annually.

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 Technology Opports ETF Grades

Year to date, the ETF has returned 19.3%, 2.0 percentage points worse than the category, which translates into a grade of C. The fund has returned 26.3% over the past year (grade of C), 26.6% over the past three years (grade of B) and 13.2% per year over the past five years (grade of B) and 20.2% per year over the past 10 years (grade of C).

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