Goldman Sachs ActiveBeta International Equity ETF GSIE offers similar exposure to the MSCI World ex USA Index but has a good chance to beat it long term. While the fund's factor tilts are modest, it has a low expense ratio to match. Under our new ratings framework, which places greater emphasis on fees, the fund warrants an upgrade to a Morningstar Analyst Rating of Silver from Bronze.
Will GSIE outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable GSIE’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the GSIE management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of GSIE’s parent organization’s priorities and whether they’re in line with investors’ interests.