- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 200 West Street New York NY United States of America 10282
- IPO Date
- Sep 16, 2021
- Business
- Goldman Sachs Future Tech Leaders Equity ETF (GTEK) is an actively managed exchange-traded fund that seeks long-term capital growth by investing primarily in equity securities of technology companies believed to drive technological innovation worldwide. The fund, a portfolio of Goldman Sachs ETF Trust, normally invests at least 80% of its net assets plus any borrowings for investment purposes in U.S. and non-U.S. stocks of companies operating in information technology, communication services, consumer discretionary, retailing, internet and direct marketing retail, health care equipment and services, and healthcare technology sectors; it targets growth and value stocks across diversified market capitalizations, generally excluding companies with market caps exceeding $100 billion, with a portfolio of approximately 61-65 holdings including leading names such as Cadence Design Systems Inc., SK Hynix Inc., Snowflake Inc., Marvell Technology Inc., Amphenol Corp., and Spotify Technology SA. Launched on September 14, 2021, and domiciled in the United States, GTEK is managed by Goldman Sachs Asset Management, L.P., with a net expense ratio of 0.75% and total net assets of approximately $192 million, available for sale primarily to investors in the United States.
Geographically, the fund maintains significant exposure to U.S. stocks (around 50.7%) alongside non-U.S. equities (48.2%), spanning developed and emerging markets including South Korea, Taiwan, Japan, Germany, China, and India. It benchmarks performance against the MSCI ACWI Index and MSCI ACWI Select Information Technology + Communication Services (excluding >$100B Market Cap) Index, employing fundamental analysis for portfolio construction under the leadership of portfolio managers Charles Dane, Nathan Lin, Sung Cho, and Raj Garigipati, who commenced oversight at inception.
In recent developments, Goldman Sachs has bolstered its ETF offerings through strategic asset management expansions, including the December 2025 agreement to acquire Innovator Capital Management—a firm managing $28 billion in defined-outcome ETFs—for approximately $2 billion, expected to close in Q2 2026 and integrate over 60 employees into its division; additional moves encompass a $1 billion investment in T. Rowe Price in September 2025 and the acquisition of venture capital firm Industry Ventures. These initiatives follow GTEK's ongoing active management adjustments, such as portfolio realignments reflected in recent holdings updates adding positions like NAURA Technology Group Co. Ltd. and Unisplendour Corp Ltd., amid a fund AUM fluctuation to around $174-192 million and performance showing a 24-26% yearly gain as of late 2025. Headquartered at 200 West Street, New York, New York, as part of Goldman Sachs ETF Trust, GTEK operates within the broader thematic equity segment targeting innovative tech leaders for institutional and retail investors seeking global technology exposure.