Goldman Sachs Bloomberg Clean Energy Equity ETF
GCLN
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- DE United States of America
- IPO Date
- Feb 10, 2022
- CIK
- 0001479026
- Similar Companies
- Business
- Goldman Sachs Bloomberg Clean Energy Equity ETF (GCLN) is an exchange-traded fund that seeks to provide investment results corresponding to the performance, before fees and expenses, of the Bloomberg Goldman Sachs Global Clean Energy Index. The fund offers investors exposure to a diversified portfolio of global equity securities in companies expected to significantly impact energy decarbonization through clean energy enablers, including clean power infrastructure such as generation, transmission and distribution; solar energy; wind energy; energy storage; hydrogen energy; energy digitalization; and bioenergy. It employs a free float-adjusted, market capitalization-weighted methodology, with quarterly rebalancing in March, June, September and December, and maintains approximately 200 holdings across utilities (62.9%), industrials (15.5%), consumer discretionary (9.6%) and information technology (8.3%), with top positions in companies like Tesla Inc., Iberdrola SA, NextEra Energy Inc., Enel SpA and Contemporary Amperex Technology Co Ltd. Geographically, the fund allocates primarily to North America (48.5%), Europe ex-UK (24.2%), Asia ex-Japan (15.8%), the UK (3.8%) and Japan (3.6%), targeting institutional and retail investors focused on thematic growth in the clean energy transition. Launched on February 8, 2022, and listed on Cboe BZX, GCLN is issued by Goldman Sachs ETF Trust, with legal headquarters at Corporation Trust Center, 1209 Orange Street, Wilmington, Delaware, and managed by Goldman Sachs Asset Management L.P., which oversees the fund's 0.45% total expense ratio and approximately $11.53 million in net assets as of mid-2024. The index underpinning the ETF leverages asset-level data and corporate business mix expectations curated by Bloomberg Professional Services and energy specialists from Goldman Sachs Asset Management and BloombergNEF to select highly exposed clean energy companies, reducing concentration risk compared to traditional clean energy benchmarks. In a major strategic development, Goldman Sachs announced on December 1, 2025, an agreement to acquire Innovator Capital Management, a pioneer in defined outcome ETFs managing $28 billion in assets across 159 products, for approximately $2 billion, with the transaction expected to close in the second quarter of 2026 to bolster its ETF lineup and expand offerings in fast-growing active ETF categories. This acquisition aligns with Goldman Sachs Asset Management's broader push into sustainable and innovative investment products, including the June 2025 launch of the Goldman Sachs Emerging Markets Green and Social Bond Active UCITS ETF (GEMS), which targets fixed income securities with green and social use-of-proceeds in emerging markets, further enhancing its ESG-focused capabilities. No specific product launches, reorganizations or operational shifts directly affecting GCLN have been reported in the last 1-2 years, though the fund continues to evolve with quarterly index reconstitutions amid ongoing clean energy market dynamics.