Goldman Sachs Paris-Aligned Climate World Equity UCITS ETF USD (Acc) (GACL.DE)
GACL.DE is a passive ETF by Goldman Sachs tracking the investment results of the Solactive ISS ESG Developed Markets Paris-Aligned Benchmark. GACL.DE launched on Oct 11, 2022 and has a 0.24% expense ratio.
ETF Info
| ISIN | IE000HPBRE54 |
|---|---|
| WKN | A3C60S |
| Issuer | Goldman Sachs |
| Inception Date | Oct 11, 2022 |
| Category | Global Equities |
| Index Tracked | Solactive ISS ESG Developed Markets Paris-Aligned Benchmark |
| Domicile | Ireland |
| Distribution Policy | Accumulating |
| Asset Class | Equity |
Expense Ratio
GACL.DE has a high expense ratio of 0.24%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of €10,000 in Goldman Sachs Paris-Aligned Climate World Equity UCITS ETF USD (Acc), comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Goldman Sachs Paris-Aligned Climate World Equity UCITS ETF USD (Acc) had a return of 7.11% year-to-date (YTD) and 19.00% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 7.11% | 5.57% |
| 1 month | -2.70% | -4.16% |
| 6 months | 19.09% | 20.07% |
| 1 year | 19.00% | 20.82% |
| 5 years (annualized) | N/A | 11.56% |
| 10 years (annualized) | N/A | 10.37% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 3.57% | 2.96% | 3.23% | |||||||||
| 2023 | -3.79% | 6.36% | 4.53% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of GACL.DE is 82, placing it in the top 18% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Goldman Sachs Paris-Aligned Climate World Equity UCITS ETF USD (Acc)(GACL.DE)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Goldman Sachs Paris-Aligned Climate World Equity UCITS ETF USD (Acc) (GACL.DE) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Goldman Sachs Paris-Aligned Climate World Equity UCITS ETF USD (Acc). A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Goldman Sachs Paris-Aligned Climate World Equity UCITS ETF USD (Acc) was 8.48%, occurring on Oct 27, 2023. Recovery took 29 trading sessions.
The current Goldman Sachs Paris-Aligned Climate World Equity UCITS ETF USD (Acc) drawdown is 2.70%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -8.48% | Jul 28, 2023 | 66 | Oct 27, 2023 | 29 | Dec 7, 2023 | 95 |
| -6.41% | Dec 2, 2022 | 18 | Dec 28, 2022 | 26 | Feb 2, 2023 | 44 |
| -5.85% | Feb 6, 2023 | 26 | Mar 13, 2023 | 45 | May 18, 2023 | 71 |
| -4.19% | Apr 2, 2024 | 14 | Apr 19, 2024 | — | — | — |
| -2.62% | Jun 15, 2023 | 9 | Jun 27, 2023 | 18 | Jul 21, 2023 | 27 |
Volatility
Volatility Chart
The current Goldman Sachs Paris-Aligned Climate World Equity UCITS ETF USD (Acc) volatility is 3.48%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.