Goldman Sachs’ GTEK: A Hand-Picked Cutting-Edge Tech Portfolio

Goldman Sachs Future Tech Leaders Equity ETF amassed $260 million in its first three months.

Concept art of a stock picker selecting technology stocks
(Image credit: Getty Images)

Since their debut in financial markets, the vast majority of exchange-traded funds (ETFs) have been passively managed, either tracking an index or tweaking an index in some way to achieve their investment goals.

That has changed in recent years. In 2021 through the third quarter, ETF providers launched 332 products – with 197 of them, or 59%, managed by real, live humans, according to Seven of the top 10 ETF launches in 2021 (ranked by assets under management) are actively managed, gobbling up $10.2 billion in assets amongst them.

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Kyle Woodley

Kyle Woodley is the Editor-in-Chief of WealthUp, a site dedicated to improving the personal finances and financial literacy of people of all ages. He also writes the weekly The Weekend Tea newsletter, which covers both news and analysis about spending, saving, investing, the economy and more.

Kyle was previously the Senior Investing Editor for, and the Managing Editor for before that. His work has appeared in several outlets, including Yahoo! Finance, MSN Money, Barchart, The Globe & Mail and the Nasdaq. He also has appeared as a guest on Fox Business Network and Money Radio, among other shows and podcasts, and he has been quoted in several outlets, including MarketWatch, Vice and Univision. He is a proud graduate of The Ohio State University, where he earned a BA in journalism. 

You can check out his thoughts on the markets (and more) at @KyleWoodley.