Goldman Sachs Access Investment Grade Corporate Bond ETF GIGB dials down credit risk in exchange for a smoother return profile, but it’s unclear that the trade-off is advantageous. Giving up the riskier portion of its opportunity set dampens its return potential and fails to carve out a risk-adjusted performance edge against the Bloomberg U.S. Corporate Bond Index, its Morningstar Category index. The fund earns a Morningstar Analyst Rating of Neutral.
Goldman Sachs Acss Invmt Grd Corp Bd ETF GIGB
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.
No clear performance edge.
