Goldman Sachs Access Treasury 0-1 Year ETF

GBIL

時価総額 $79億

Treasury Secretary Bessent insists on challenging the bond vigilantes, and neither side is backing down. The underlying trends are pointing toward volatility ahead and potentially much more.

Goldman Sachs Asset Management (GSAM) completed the conversion of two of its fixed income mutual funds to ETFs Monday. Per a press release, GSAM converted the Goldman Sachs Bond Fund and Goldman Sachs Income Fund into the Goldman Sachs Core Plus Bond ETF (GCPB) and the Goldman Sachs Income ETF (GINC), respectively.

On Wednesday, July 29, the FOMC rate decision will be followed by Microsoft and Meta earnings after the close. Thursday begins with the advance estimate of Q2 GDP and the June PCE inflation report before Apple and Amazon report after the bell. CME FedWatch currently implies a 62–65% probability that the Fed holds rates in July, with the remaining probability assigned to a hike.

Pariah Capital's strategy is one thing that's been winning during the Iran conflict.

Goldman Sachs' ETF suite hit a new milestone this past week. The firm's ETFs saw their total AUM rise above $50 billion briefly, lifting the roster of ETFs into a new tier.

Goldman Sachs entered the ETF market nearly 10 years ago, yet two of its most popular products in 2025 are relatively new, both with less than a two-year track record. The Goldman Sachs ActiveBeta US Large Cap Equity ETF (GSLC), launched in September 2015, is a $13 billion fund that employs a multifactor smart-beta approach.

Recent market turmoil has shown that pure treasury funds like GBIL are the safest cash parking vehicles, outperforming other short-term funds during sell-offs. The Fund's longer duration profile and 0.12% expense ratio make it favorable in today's environment with expected Fed cuts, offering a stable NAV and 4.15% yield. Yield enhancement funds with higher dividends, like CSHI and JAAA, experienced significant drawdowns, highlighting the trade-off between higher yields and increased volatility.

KBW praises Citi's value, Goldman's revenue upside and Bank of America's expected net interest income growth.

The ECB cut rates by 25bp as widely anticipated, but a slightly hawkish tilt bear flattened the EUR curve, which in our view remains priced aggressively. In the US, as the markets head towards the Fed's first rate cut, the probability of a larger cut rose slightly on Thursday.

How's a 5.6% safe return on your cash sound? For a growing number of ETF investors fearful of the S&P 500's future, it's a sweet deal.