- CEO
- Raj Garigipati
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- DE United States of America
- IPO Date
- Mar 18, 2022
- Business
- Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF (GLOV) is an exchange-traded fund that seeks to provide investment results corresponding to the Goldman Sachs ActiveBeta World Low Vol Plus Equity Index, which delivers exposure to large- and mid-capitalization equity securities of developed market issuers, including the United States. The underlying index employs Goldman Sachs' patented ActiveBeta portfolio construction methodology to emphasize four factors associated with long-term performance—value (attractive pricing relative to fundamentals such as book value and free cash flow), momentum (recent price trends), quality (profitability metrics), and low volatility (reduced share price fluctuations)—while prioritizing risk reduction through low volatility alongside broad global market exposure. The fund holds approximately 450 diversified positions across sectors like information technology, consumer staples, financials, and health care, with top holdings including Apple Inc., Microsoft Corp., and Walmart Inc.; it features a 0.25% expense ratio, quarterly distributions, and total net assets exceeding $1.4 billion as of late 2025.
GLOV operates passively to track its benchmark, which is reconstituted and rebalanced quarterly, targeting institutional and retail investors seeking factor-based equity strategies in global developed markets spanning regions such as North America, Europe, Japan, and Asia-Pacific. Launched on March 15, 2022, and first traded on March 17, 2022, the ETF is issued by Goldman Sachs ETF Trust and managed by Goldman Sachs Asset Management, L.P., a division of The Goldman Sachs Group, Inc., headquartered in New York.
In recent developments, Goldman Sachs Asset Management 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 strategies, for approximately $2 billion in cash and stock; the transaction, expected to close in Q2 2026 pending regulatory approval, will significantly expand Goldman Sachs' active ETF lineup, positioning it as a top-10 provider in the category and enhancing offerings in high-growth segments like buffered and income-focused products. This follows other 2025 asset management initiatives, including a $1 billion investment in T. Rowe Price and the acquisition of Industry Ventures, underscoring Goldman Sachs' strategic push into scalable, fee-generating ETF and alternative investment platforms amid robust inflows into GLOV, which saw assets grow to over $1.48 billion.