Green Investing ETF’s performance over the next six months is expected to track closely with U.S. renewable infrastructure spending, which has a projected CAGR of 7.4% through However, it could also be a mistake to ignore today's leaders just because they are hiding in plain sight. Big tech firms are ramping up spending on AI, and a lot of that spending is funneling to the semiconductor industry and associated hardware and infrastructure companies. That gives Nvidia and Broadcom the green light to pour excess profits into research and development to expand their lead over the competition. This information discusses general market activity, industry or sector trends, or other broad-based economic, market or political conditions and should not be construed as research or investment advice. This material has been prepared by Goldman Sachs Asset Management and is not financial research nor a product of Goldman Sachs Global Investment Research (GIR). It was not prepared in compliance with applicable provisions of law designed to promote the independence of financial analysis and is not subject to a prohibition on trading following the distribution of financial research. The views and opinions expressed may differ from those of Goldman Sachs Global Investment Research or other departments or divisions of Goldman Sachs and its affiliates. Investors are urged to consult with their financial advisors before buying or selling any securities. This information may not be current and Goldman Sachs Asset Management has no obligation to provide any updates or changes. The Green Investing ETF’s YTD return stands at +9.8%, powered by policy-driven capital flows into ESG portfolios. Investors are eyeing Q3 U.S. infrastructure bill allocations, which could further boost renewable sector ETFs.
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