Mutual Fund Commentaries·2026-06-26·via All Articles on Seeking Alpha
Summary
The Goldman Sachs Small Cap Equity ETF returned 0.57% during the quarter, underperforming its benchmark – the Russell 2000 Index – by 32 bps.
DigitalOcean Holdings Inc was the top contributor to relative returns due to reporting record annual run-rate revenue and an upsized $800 million capital raise to expand AI data center infrastructure.
FormFactor Inc reported record revenue driven by elevated demand for high-bandwidth memory testing.
The ETF initiated a position in Terex Corporation, which plans to divest parts of its crane business to refocus on other segments to accelerate growth.
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Portfolio Performance
1Q Market Overview
The S&P 500 Index decreased by 4.33% (total return, in USD) in the first quarter of 2026, whereas the Russell 2000 Index increased by 0.87% (total return, in USD). The first quarter of the year presented a