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GS ActiveBeta World Low Vol Plus Equity (GLOV) - ETF





     3mo     6mo     1yr
Charts and data are derived from prices adjusted for both splits and distributions to emphasize total return.

ETF Symbol:
Price46.60
Volume35k
Avg Vol42k
RSf53.4
$Vol(21d)2m
52 wk High47.36
52 wk Low38.26
Yield(ttm)1.22%
Inception:Mar 2022
Total Returns:
1 day0.5%
5 day-0.5%
1 month3.3%
3 month2.3%
6 month11.7%
9 month16.7%
1 year18.8%
Price Data: Closing Price
 
Compare Funds:
Correlated Group: US Brd Mkt (View cGroup) (All Groups)




Correlated Funds

Most Directly Correlated
SPDR MSCI USA Quality Mix ETFQUS0.92  
Flexhares US Quality Low Vol IndexQLV0.91  
Fidelity Low Volatility Factor ETFFDLO0.90  
iShares MSCI World ETFURTH0.90  
JPMorgan US Quality Factor ETFJQUA0.90  
John Hancock Multifactor Lg Cap ETFJHML0.90  
Vanguard Dividend ETFVIG0.90  
WisdomTree US Dividend GrowthDGRW0.90  
O?Shares U.S. Quality Dividend ETFOUSA0.90  
iShares MSCI ACWI IndexACWI0.90  
Least Correlated
Invesco DB Commodity Index TrackingDBC0.02  
WisdomTree US Agg Bond Zero DurAGZD0.02  
JPMorgan Ultra-Short Income ETFJPST0.02  
iShares iBonds Dec 2025 Term Muni Bd ETFIBMN0.01  
iShares Commodity Dyn Roll Stgy ETFCOMT0.01  
Alpha Architect 1-3 Month Box ETFBOXX-0.01  
BlackRock AAA CLO ETFCLOA-0.01  
Invesco Optm Yld Divsfd Comdty ETFPDBC-0.01  
KFA Global Carbon ETFKRBN-0.01  
Cambria Core Equity ETFCCOR-0.02  
Most Inversely Correlated
ProShares UltraPro Short QQQSQQQ-0.76  
ProShares Short QQQPSQ-0.77  
Proshares UltraShort QQQQID-0.77  
ProShares Short Dow 30DOG-0.85  
Proshares UltraShort Dow30DXD-0.85  
ProShares UltraPro Short Dow30SDOW-0.85  
Direxion Daily S&P 500 Bear 1X SharesSPDN-0.88  
ProShares Short S&P 500SH-0.88  
Proshares UltraShort S&P500SDS-0.89  
Direxion S&P 500 Bear 3X SharesSPXS-0.89  
These 126 day (6 month) correlations can be considered short term, focusing on recent price movements.
Correlations are only calculated for actively traded funds. As of: 2024-05-24.


Exchange-traded funds are similar to index funds that trade like a single stock. Until the advent of the ETF, it was impossible to trade indexes this easily through an equity account. Most ETFs are relatively static in make-up, like the SPY or QQQQ index funds. Others, like some of the PowerShares funds, are dynamic and the holdings are changed routinely. ETFs have risks similar to stocks in that their value can rise or fall at the discretion of the marketplace. Some ETFs, like international funds and narrowly based indexes, have special risks that the investor should be aware of. However, used properly ETFs can provide an efficient and effective investment vehicle for achieving results that were near impossible for the typical investor to achieve prior to their development.








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