Goldman Sachs JUST US Large Cap Equity ETF is a broad environmental, social, and governance stock portfolio constructed around timely ESG issues that resonate with Americans. Leaving an important part of the construction process to the American public adds a layer of uncertainty to the portfolio and its future performance. This warrants a downgrade of its Process rating to Average, although its low-fee advantage is still sufficient to support a Morningstar Analyst Rating of Bronze.
Goldman Sachs JUST US Large Cap Eq ETF JUST
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 JUST 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 JUST’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the JUST 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 JUST’s parent organization’s priorities and whether they’re in line with investors’ interests.
A core equity exposure with some idiosyncratic risks.
