ETFdb Logo
  • ETF Database
  • Channels
    • Themes
      • Active ETF
      • Alternatives Channel
      • Artificial Intelligence
      • China Insights
      • Climate Insights
      • Core Strategies
      • Crypto
      • Disruptive Technology
      • Energy Infrastructure
      • ETF Building Blocks
      • ETF Education
      • ETF Investing
      • ETF Strategist
      • Faith-Based Investing
      • Financial Literacy
      • Fixed Income
      • Free Cash Flow
      • Innovative ETFs
      • Invest Beyond Cash
      • Leveraged & Inverse
      • Modern Alpha
      • Portfolio Strategies
      • Tax Efficient Income
    • Asset Class
      • Equity
        • U.S. Equity
        • Int'l Developed
        • Emerging Market Equities
      • Alternatives
        • Gold/Silver/Critical Materials
        • Crypytocurrency
        • Currency
        • Volatility
      • Fixed Income
        • Investment Grade Corporates
        • US Treasuries & TIPS
        • High Yield Corporates
        • Int'l Fixed Income
    • ETF Ecosystem
    • ETFs in Canada
    • Market Outlook
  • Tools
    • ETF Screener
    • ETF Country Exposure Tool
    • ETF Database Categories
    • Indexes
    • Scenario Analysis
    • Watchlists
    • Head-To-Head ETF Comparison Tool
    • Mutual Fund To ETF Converter
    • ETF Stock Exposure Tool
    • ETF Issuer Fund Flows
  • Research
    • ETF Education
    • Equity Investing
    • Dividend ETFs
    • Leveraged ETFs
    • Inverse ETFs
    • Index Education
    • Index Insights
    • Top ETF Sectors
    • Top ETF Issuers
    • Top ETF Industries
  • Webcasts
  • Themes
    • AI ETFs
    • Blockchain ETFs
    • See all Thematic Investing ETF themes
    • ESG Investing
    • Marijuana ETFs
  • Multimedia
    • ETF 360 Video Series
    • ETF of the Week Podcast
    • Gaining Perspective Podcast
    • ETF Prime Podcast
    • Video
  • Company
    • About VettaFi
    • Get VettaFi’ed
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. Future ETFs Channel
  2. Changing Environmental Order Might Lift GSFP
Future ETFs Channel
Share

Changing Environmental Order Might Lift GSFP

Tom LydonOct 05, 2022
2022-10-05

Geopolitical tensions, including those between the U.S. and China, are highlighting the need for more advanced, sustainable energy policies. The same is true of Russia’s war against Ukraine, which is exposing the vulnerabilities of Europe’s dependence on Russian oil and gas.

In particular, Russia’s invasion of Ukraine is reminding governments and investors that energy security is a major component of national security; look at the recent sabotage of the Nord Stream pipeline. Although Russia hasn’t admitted to it, prevailing wisdom is that the country intentionally damaged the pipeline to flex its muscles toward the rest of Europe.

Incidents like that could compel European countries to devote more focus and resources to renewable energy, and that could benefit exchange traded funds such as the Goldman Sachs Future Planet Equity ETF (GSFP C+). GSFP allocates 36.4% of its weight to Europe ex-U.K. stocks and another 2% to London-listed names, according to issuer data.

Recent goings-on in the U.S., namely the Inflation Reduction Act, also highlight long-term potential with the Goldman Sachs ETF.

“The latest US fiscal package, the Inflation Reduction Act (IRA), includes $370 billion in energy and climate incentives—more spending in this area than any other single piece of legislation. For renewables companies considering capital expenditures, this package provides greater policy certainty for longer periods,” according to Goldman Sachs Asset Management (GSAM).

In the U.S. and China, the world’s two largest economies, a major part of the renewable energy equation is electric vehicles (EVs). While GSFP is not a dedicated EV ETF — it doesn’t hold shares of Tesla (NASDAQ:TSLA) or Nio (NYSE:NIO) — it has some leverage to EV adoption trends. Moreover, GSFP is actively managed, indicating it has more flexibility than index-based counterparts.

“We also see investment potential in companies installing electric vehicle (EV) infrastructure needed to support widespread adoption of EVs and the electrification of the transport sector,” added GSAM. “Globally, the total number of EV charging connectors, including private chargers, grew by 40% in 2021 to approximately 9 million. With forecasts for a global installed base of 30 million public EV charging connectors and about 300 million private connectors by 2040, we believe companies operating in this space have strong growth potential.”

As of October 3, GSFP holds 53 stocks, none of which command more than 4.2% of the ETF’s roster.

For more news, information, and strategy, visit the Future ETFs Channel.

Loading Articles...
Our Sites
  • VettaFi
  • Advisor Perspectives
  • ETF Trends
Tools
  • ETF Screener
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Database Pro
More Tools
  • Financial Advisor & RIA Center
Explore ETFs
  • ETF News
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Information
  • Contact Us
  • Terms of Use and Privacy Policy
  • © 2025 VettaFi LLC. All rights reserved.

Advertisement

Is Your Portfolio Positioned With Enough Global Exposure?

ETF Education Channel

How to Allocate Commodities in Portfolios

Tom LydonApr 26, 2022
2022-04-26

A long-running debate in asset allocation circles is how much of a portfolio an investor should...

Core Strategies Channel

Why ETFs Experience Limit Up/Down Protections

Karrie GordonMay 13, 2022
2022-05-13

In a digital age where information moves in milliseconds and millions of participants can transact...

}
X