Goldman Sachs AM Launches MarketBeta International Equity ETF

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Goldman Sachs Asset Management recently launched the Goldman Sachs MarketBeta Total International Equity ETF (GXUS) on the NYSE Arca. This ETF offers diversified access to approximately 85% of global markets, excluding the United States. It aims to closely track the performance of the Solactive GBS Global Markets ex United States Large & Mid Cap Index. This index includes large and mid-cap equities, covering the largest 85% of the free-float market capitalization in global markets outside the U.S.

As of March 31, the index consisted of 2,737 securities with market capitalizations ranging from $178 million to $1.9 trillion. The average market capitalization was approximately $17 billion. On its launch day, GXUS already amassed over $400 million in assets.

ETF Newz Says:

Prior to GXUS, Goldman Sachs Asset Management launched the Goldman Sachs Community Municipal Bond ETF (GMUN) in March.

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