Goldman Sachs Access Investment Grade Corporate Bond ETF is a decent pick for exposure to investment grade-rated corporate bonds, but by excluding the riskiest issuers to tamp down risk, the fund diminishes its return potential and the prospect that it will provide attractive risk-adjusted performance relative to the Bloomberg Barclays U.S. Corporate Bond Index, the Morningstar Category index, over the full market cycle. Accordingly, it earns a Morningstar Analyst Rating of Neutral.
Goldman Sachs Acss Invmt Grd Corp Bd ETF GIGB
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will GIGB outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable GIGB’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the GIGB management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of GIGB’s parent organization’s priorities and whether they’re in line with investors’ interests.
A conservative investment-grade corporate bond ETF.
