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GHYB
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Goldman Sachs Access High Yield Corporate Bond ETF (GHYB)

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$45.29
Last Close (24-hour delay)
Profit since last BUY4.19%
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Consider higher Upturn Star rating
BUY since 67 days
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Upturn Advisory Summary

08/14/2025: GHYB (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type ETF
Historic Profit 11.42%
Avg. Invested days 69
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
ETF Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

Key Highlights

Volume (30-day avg) -
Beta 0.85
52 Weeks Range 40.96 - 45.35
Updated Date 06/29/2025
52 Weeks Range 40.96 - 45.35
Updated Date 06/29/2025

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Goldman Sachs Access High Yield Corporate Bond ETF

stock logo

ETF Overview

overview logo Overview

The Goldman Sachs Access High Yield Corporate Bond ETF (GHYB) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the ICE BofA US High Yield Index. The ETF invests in a diversified portfolio of high-yield corporate bonds, offering exposure to the lower end of the credit spectrum.

reliability logo Reputation and Reliability

Goldman Sachs is a well-established and reputable financial institution with a long history in asset management.

reliability logo Management Expertise

Goldman Sachs Asset Management has extensive experience and expertise in managing fixed-income portfolios.

Investment Objective

overview logo Goal

To provide investment results that closely correspond, before fees and expenses, to the performance of the ICE BofA US High Yield Index.

Investment Approach and Strategy

Strategy: The ETF employs a passive management strategy, aiming to replicate the ICE BofA US High Yield Index.

Composition The ETF primarily holds high-yield corporate bonds, also known as 'junk bonds,' issued by companies with lower credit ratings.

Market Position

Market Share: Data not readily available.

Total Net Assets (AUM): 564200000

Competitors

overview logo Key Competitors

  • iShares iBoxx High Yield Corporate Bond ETF (HYG)
  • SPDR Bloomberg High Yield Bond ETF (JNK)
  • VanEck High Yield Muni ETF (HYD)

Competitive Landscape

The high-yield corporate bond ETF market is competitive, with several large players offering similar products. GHYB competes on factors like expense ratio, tracking error, and liquidity. Its relatively small size and newness might put it at a disadvantage compared to more established competitors with higher trading volumes and tighter bid-ask spreads. However, Goldman Sach's brand recognition and access to research could be viewed favorably.

Financial Performance

Historical Performance: Historical performance data unavailable in structured format.

Benchmark Comparison: Performance compared to the ICE BofA US High Yield Index can be found on the Goldman Sachs website.

Expense Ratio: 0.35

Liquidity

Average Trading Volume

GHYB's average trading volume is moderate and can be found on major financial websites.

Bid-Ask Spread

The bid-ask spread for GHYB varies depending on market conditions and can be found on major financial websites.

Market Dynamics

Market Environment Factors

Economic growth, interest rate changes, credit spreads, and investor sentiment all affect the performance of high-yield corporate bonds.

Growth Trajectory

Growth trends depend on market interest rate dynamics and investor outlook for high-yield assets; strategy hasn't changed since launch.

Moat and Competitive Advantages

Competitive Edge

GHYB benefits from the strong reputation and research capabilities of Goldman Sachs, potentially leading to informed bond selection within the high-yield space. Its relatively low expense ratio of 0.35% can be attractive to cost-conscious investors. This ETF aims to replicate the ICE BofA US High Yield Index closely, providing a broad representation of the high-yield market. Investors also benefit from daily transparency of holdings, allowing them to monitor their investment positions regularly, and also it has a tax efficiency edge, especially for those holding it in taxable accounts.

Risk Analysis

Volatility

High-yield bonds are inherently more volatile than investment-grade bonds due to their higher credit risk.

Market Risk

The ETF is exposed to credit risk, interest rate risk, and liquidity risk, all of which can impact the value of the underlying bonds.

Investor Profile

Ideal Investor Profile

The ideal investor is one who seeks income and is willing to accept higher levels of risk. Investors seeking current income or those with a moderate to high-risk tolerance might consider this ETF.

Market Risk

The fund is potentially suitable for investors seeking higher yields but should ideally be considered as a component of a more diverse portfolio. The GHYB fund is typically for long-term investors or active traders.

Summary

Goldman Sachs Access High Yield Corporate Bond ETF offers investors exposure to the high-yield corporate bond market. It is passively managed and aims to replicate the ICE BofA US High Yield Index. GHYB comes with a low expense ratio and benefits from the research of Goldman Sachs but smaller in size. High-yield bonds offer a higher return due to the increased credit risk of the underlying securities, so this investment is better suited for moderate to high-risk investors who seek current income and have a longer time horizon.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Goldman Sachs Asset Management website
  • ETF.com
  • Morningstar

Disclaimers:

The data and analysis provided are for informational purposes only and should not be considered investment advice. Market conditions are subject to change. Investors should consult with a qualified financial advisor before making any investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Goldman Sachs Access High Yield Corporate Bond ETF

Exchange NYSE ARCA
Headquaters -
IPO Launch date -
CEO -
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website

The fund seeks to achieve its investment objective by investing at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index. The index is based on the FTSE US High-Yield Market Index (the "Reference Index") using concepts developed with GSAM.