Is Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (GLOV) a Strong ETF Right Now?

Making its debut on 03/15/2022, smart beta exchange traded fund Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (GLOV) provides investors broad exposure to the Global Large-Cap Blend Equity ETF category of the market.What Are Smart Beta ETFs?The ETF industry has long been dominated by products based on market cap weighted indexes, a strategy created to reflect the market or a particular market segment.Investors who believe in market efficiency should consider market cap indexes, as they replicate market returns in a low-cost, convenient, and transparent way.There are some investors, though, who think it's possible to beat the market with great stock selection; this group likely invests in another class of funds known as smart beta, which track non-cap weighted strategies.This kind of index follows this same mindset, as it attempts to pick stocks that have better chances of risk-return performance; non-cap weighted strategies base selection on certain fundamental characteristics, or a mix of such characteristics.The smart beta space gives investors many different choices, from equal-weighting, one of the simplest strategies, to more complicated ones like fundamental and volatility/momentum based weighting. However, not all of these methodologies have been able to deliver remarkable returns.Fund Sponsor & IndexThe fund is managed by Goldman Sachs Funds. GLOV has been able to amass assets over $1.4 billion, making it one of the larger ETFs in the Global Large-Cap Blend Equity ETF. GLOV seeks to match the performance of the GOLDMAN SACHS ACTBT WORLD LW VL PL EQ ID before fees and expenses.The Goldman Sachs ActiveBeta World Low Vol Plus Equity Index delivers exposure to large and mid-capitalization equity securities of developed market issuers, including the United States.Cost & Other ExpensesWhen considering an ETF's total return, expense ratios are an important factor. And, cheaper funds can significantly outperform their more expensive cousins in the long term if all other factors remain equal.Operating expenses on an annual basis are 0.25% for this ETF, which makes it one of the cheaper products in the space.GLOV's 12-month trailing dividend yield is 1.66%.Sector Exposure and Top HoldingsIt is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis.Taking into account individual holdings, Apple Inc (AAPL) accounts for about 3.31% of the fund's total assets, followed by Microsoft Corp (MSFT) and Nvidia Corp (NVDA).GLOV's top 10 holdings account for about 17.75% of its total assets under management.Performance and RiskThe ETF return is roughly 15.19% and it's up approximately 14.56% so far this year and in the past one year (as of 09/01/2025), respectively. GLOV has traded between $46.99 and $56.55 during this last 52-week period. The fund has a beta of 0.73 and standard deviation of 12.24% for the trailing three-year period. With about 456 holdings, it effectively diversifies company-specific risk .AlternativesGoldman Sachs ActiveBeta World Low Vol Plus Equity ETF is a reasonable option for investors seeking to outperform the Global Large-Cap Blend Equity ETF segment of the market. However, there are other ETFs in the space which investors could consider.iShares Global 100 ETF (IOO) tracks S&P Global 100 Index and the iShares MSCI ACWI ETF (ACWI) tracks MSCI All Country World Index. iShares Global 100 ETF has $7.02 billion in assets, iShares MSCI ACWI ETF has $22.04 billion. IOO has an expense ratio of 0.40% and ACWI changes 0.32%.Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Global Large-Cap Blend Equity ETFBottom LineTo learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.Boost Your Portfolio with Our Top ETF InsightsZacks' exclusive Fund Newsletter delivers actionable information, top news and analysis, as well as top-performing ETFs, straight to your inbox every week.Don’t miss out on this valuable resource. It’s free!Get it now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (GLOV): ETF Research ReportsThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks