Core Insights - The year 2025 has concluded, providing valuable data for investors, particularly regarding fund flows and performance metrics [1] - Goldman Sachs ETFs attracted over $8 billion in net inflows, highlighting key investment themes [1] Fund Performance - The Goldman Sachs S&P 500 Premium Income ETF (GPIX) and the Goldman Sachs Nasdaq-100 Premium Income ETF (GPIQ) each saw significant inflows of $2.18 billion and $2.13 billion respectively, both focusing on equity income strategies [2][3] - GPIX and GPIQ have delivered returns of 16.24% and 19.8% over the past year, respectively, with both funds charging 29 basis points [3] Additional ETF Insights - Thirteen other Goldman Sachs ETFs experienced net inflows exceeding $100 million, including the Goldman Sachs Physical Gold ETF (AAAU), which gained $869 million in 2025 and achieved a remarkable return of 64.1% [4] - Overall, Goldman Sachs added $8.2 billion in total flows for the year, with more than half of this amount, $5.5 billion, occurring in the second half of the year [5] Future Opportunities - The success of Goldman Sachs ETFs in 2025 may lead to increased interest in other investment opportunities within their suite for 2026, including foreign equities and fixed income offerings [5]

Core Viewpoint - The Invesco S&P Ultra Dividend Revenue ETF (RDIV) offers broad exposure to the Large Cap Value segment of the US equity market, with a focus on dividend revenue and a passive management strategy [1] Group 1: ETF Overview - RDIV was launched on October 1, 2013, and has accumulated assets exceeding $793.74 million, positioning it as an average-sized ETF in its category [1] - The ETF has an annual operating expense ratio of 0.39%, which is competitive within its peer group, and a 12-month trailing dividend yield of 4.1% [4] Group 2: Large Cap Value Characteristics - Large cap companies, defined as those with market capitalizations above $10 billion, are generally more stable with predictable cash flows and lower volatility compared to mid and small cap companies [2] - Value stocks, which typically have lower price-to-earnings and price-to-book ratios, have historically outperformed growth stocks in most markets, although they may lag in strong bull markets [3] Group 3: Sector Exposure and Holdings - The ETF has a significant allocation to the Financials sector, comprising approximately 26.6% of the portfolio, followed by Energy and Healthcare [5] - Us Bancorp (USB) is the largest holding at about 5.55% of total assets, with the top 10 holdings representing around 47.7% of total assets under management [6] Group 4: Performance Metrics - RDIV aims to match the performance of the OFI Revenue Weighted Ultra Dividend Index, with a year-to-date increase of about 2.45% and a one-year increase of approximately 9.91% as of August 6, 2025 [7] - The ETF has a beta of 0.93 and a standard deviation of 18.85% over the trailing three-year period, indicating a medium risk profile [8] Group 5: Alternatives and Market Position - RDIV holds a Zacks ETF Rank of 3 (Hold), suggesting it is a viable option for investors seeking exposure to the Large Cap Value segment [10] - Alternative ETFs in this space include the Schwab U.S. Dividend Equity ETF (SCHD) and the Vanguard Value ETF (VTV), which have significantly larger asset bases and lower expense ratios [11] Group 6: Investment Trends - Passively managed ETFs are gaining popularity among both institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency, making them suitable for long-term investment strategies [12]