Goldman Sachs AM Launches MarketBeta International Equity ETF

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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