Summary
Goldman Sachs ActiveBeta Europe Equity ETF is an ETF - a fund traded on an exchange like a stock - run by Goldman. Positions inside: 346. The ten largest make up 19% of the fund.
- Yearly costs
- 0.25%
- Fund size
- $169.0M
- Positions
- 346
- Dividend yield
- 2.84%
- Running since
- 2016
What speaks for it
- Costs of 0.25% a year are below the middle of comparable funds (0.44%).
- Widely spread: the ten largest positions make up only 19% of the fund.
- Average yearly growth over the last ten years: 6.4%.
- It has been running since 2016.
What to watch
- In the last five years its price once dropped by 37% from its high.
- It trades little: only about $920.4K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -2.7%
- 3 months
- -1.9%
- This year
- +3.9%
- 1 year
- +7.5%
- 3 years
- +55%
- 5 years
- +28%
- 10 years
- +86%
- Avg. market cap
- $193.7B
- P/E
- 16.4x
- Forward P/E
- 14.1x
- P/S
- 1.2x
- P/B
- 2.4x
- P/FCF
- 7.7x
- EV/EBITDA
- 11.3x
- Dividend yield
- 2.60%
- ROIC
- 16.5%
- ROE
- 27.9%
- Gross margin
- 47.7%
- Operating margin
- 23.8%
- Net margin
- 16.8%
- Payout ratio
- 42.7%
- Net debt/EBITDA
- 1.4x
- Beta
- 0.82
Weighted average of the 50 largest companies, which make up 39% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Widely spread- 1 ASASML Holding N.V. ASML.AS 4.3%
- 2 RORoche Holding AG ROP.SW 2.1%
- 3 HSBC HOLDINGS PLC 2.0%
- 4 NONovartis AG NOVN.SW 1.9%
- 5 SHELL PLC 1.7%
- 6 ASTRAZENECA PLC ORD 1.6%
- 7 SABanco Santander, S.A. SAN.MC 1.4%
- 8 SASAP SE SAP.DE 1.2%
- 9 SISiemens SIE.DE 1.2%
- 10 NENestlé S.A. NESN.SW 1.2%
Positions in the fund: 346. The ten largest make up 19% of it.
Composition as of Oct 18, 2026.
Where is it spread?
Spread outBy sector
- Financials 26%
- Industrials 18%
- Healthcare 13%
- Technology 9.3%
- Consumer defensive 8.2%
- Other 25%
By country
- United Kingdom 21%
- Switzerland 15%
- Germany 13%
- France 13%
- Other countries 37%
By company size
- Mega cap 18%
- Large cap 75%
- Mid cap 6.9%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 77% of the fund.
Largest sector: Financials (26%). Largest country: United Kingdom (21%). Largest size group: Large cap (75%).
What does it cost me?
Cheap- A year from $10,000
- $25.00
- Over 20 years
- $1,235
From every $10,000 invested the fund takes $25.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $1,235.
How has it done?
Growing over the long run- A year on average, 10 years
- +6.4%
- Deepest drop
- -37%
- Yearly volatility
- 16%
Average yearly growth over the last ten years: 6.4%. Deepest drop in these years: 37% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 2.84%
- Payments a year
- 2
- Last payment
- $0.93
Over the last 12 months it paid $1.35 per share, which is 2.84% of today's price. The last payment was $0.93 on Jun 24, 2026.
Is it easy to buy and sell?
It trades little- Traded a day
- $920.4K
- Shares a day
- 19K
On an average day about $920.4K of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 16.4
- Average Bulios Score
- 67 out of 100
Weight by Bulios Fair Price
- Undervalued 37%
- Fairly valued 13%
- Overvalued 50%
On average the companies inside trade for 16.4 times their yearly profit. By Fair Price, 50% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 39% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
SP SPYE.DE State Street SPDR MSCI Europe UCITS ETF | Ireland | 0.08% | $445.6M | +13% | Reinvests | 70% |
HE HEU.PA HSBC MSCI Europe UCITS ETF EUR | Ireland | 0.10% | $511.5M | +11% | Pays out | 70% |
H4 H4ZE.DE HSBC MSCI Europe UCITS ETF EUR | Ireland | 0.10% | $511.7M | +11% | Pays out | 70% |
EL EL42.DE Deka MSCI Europe UCITS ETF | Germany | 0.30% | $1.19B | +11% | Pays out | 70% |
SC SC0E.DE Invesco MSCI Europe UCITS ETF | Ireland | 0.19% | $62.6M | +13% | Reinvests | 70% |
DB DBEU Xtrackers MSCI Europe Hedged Equity ETF | United States | 0.46% | $780.1M | +13% | Pays out | 70% |