GCALETF / FundGoldman Sachs Dynamic California Municipal Income ETF
Verdicts genuinely change. Free email alert the moment GCAL's does — no target price to set, unlike a price alert.
Whether this fund clears the published standards, and the filings behind that answer. The screen runs first and nothing on the trading side can override it.
Structure, momentum, positioning and levels. Separate from the Sharia verdict above, which this side never overrides.
Goldman Sachs Dynamic California Municipal Income ETF ETF · Goldman Sachs ETF Trust
361 holdings · as of 2026-08-31 (2.3 months ago)
This fund holds short positions, so exposure is counted gross — long and short both count as exposure rather than netting off, and the weights below therefore sum to 102% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
UNVERIFIED None of this fund's 361 holdings are companies in our screened equity universe. Our look-through screens equities, so it does not apply to a fund holding bonds, sukuk or other instruments — this is not a gap in our data about the fund.
Largest holdings: Goldman Sachs Trust, BAY AREA TOLL AUTH CALIF, PUERTO RICO SALES TAX FINANCING CORP, LOS ANGELES COUNTY PUBLIC WORKS FINANCING AUTHORITY (CA), CALIFORNIA MUNICIPAL FINANCE AUTHORITY (CA).
361 holdings, 0 matched (0% of weight). Portfolio as of 2026-08-31, filed 2026-10-27. Source: SEC Form N-PORT.
Portfolio shares are withheld: coverage is below the floor needed to state one. The holdings themselves are below, because the names are evidence you can check.
All holdings (361) · showing 251–361
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| GAVILAN JOINT COMMUNITY COLLEGE DISTRICT (CA) | UNSCREENED | 0.10% | no in-house ratios for this holding |
| CALIFORNIA MUN FIN AUTH | UNSCREENED | 0.10% | no in-house ratios for this holding |
| BRAWLEY CALIF ELEM SCH DIST | UNSCREENED | 0.10% | no in-house ratios for this holding |
| GLENDORA UNIFIED SCHOOL DISTRICT (CA) | UNSCREENED | 0.10% | no in-house ratios for this holding |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH | UNSCREENED | 0.10% | no in-house ratios for this holding |
| ROSEVILLE (CA), CITY OF | UNSCREENED | 0.09% | no in-house ratios for this holding |
| CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY (CA) | UNSCREENED | 0.09% | no in-house ratios for this holding |
| EL DORADO (CA), COUNTY OF | UNSCREENED | 0.09% | no in-house ratios for this holding |
| MENIFEE UNION SCHOOL DISTRICT (CA) | UNSCREENED | 0.09% | no in-house ratios for this holding |
| CSCDA COMMUNITY IMPROVEMENT AUTHORITY (CA) | UNSCREENED | 0.09% | no in-house ratios for this holding |
| BEAUMONT CALIF PUB IMPT AUTH | UNSCREENED | 0.09% | no in-house ratios for this holding |
| CARLSBAD UNIFIED SCHOOL DISTRICT (CA) | UNSCREENED | 0.09% | no in-house ratios for this holding |
| CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY (CA) | UNSCREENED | 0.09% | no in-house ratios for this holding |
| CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY (CA) | UNSCREENED | 0.09% | no in-house ratios for this holding |
| EL CENTRO CALIF SCH DIST | UNSCREENED | 0.09% | no in-house ratios for this holding |
| GUAM INTL ARPT AUTH | UNSCREENED | 0.09% | no in-house ratios for this holding |
| CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY (CA) | UNSCREENED | 0.09% | no in-house ratios for this holding |
| SCHOOLS INFRASTRUCTURE FING AGY CALIF | UNSCREENED | 0.08% | no in-house ratios for this holding |
| FRUITVALE SCHOOL DISTRICT (CA) | UNSCREENED | 0.08% | no in-house ratios for this holding |
| VIRGIN IS TRANSN & INFRASTRUCTURE CORP | UNSCREENED | 0.08% | no in-house ratios for this holding |
| PALM DESERT CALIF | UNSCREENED | 0.08% | no in-house ratios for this holding |
| GLENDALE CALIF | UNSCREENED | 0.08% | no in-house ratios for this holding |
| SAN LEANDRO PUBLIC FINANCING AUTHORITY (CA) | UNSCREENED | 0.08% | no in-house ratios for this holding |
| CALIFORNIA MUN FIN AUTH | UNSCREENED | 0.08% | no in-house ratios for this holding |
| INDEPENDENT CITIES CALIF FIN AUTH | UNSCREENED | 0.08% | no in-house ratios for this holding |
| MUNICIPAL IMPROVEMENT CORP OF LOS ANGELES (CA) | UNSCREENED | 0.08% | no in-house ratios for this holding |
| CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY (CA) | UNSCREENED | 0.07% | no in-house ratios for this holding |
| CONTRA COSTA TRANSPORTATION AUTHORITY (CA) | UNSCREENED | 0.07% | no in-house ratios for this holding |
| CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY (CA) | UNSCREENED | 0.07% | no in-house ratios for this holding |
| PUERTO RICO SALES TAX FINANCING CORP | UNSCREENED | 0.07% | no in-house ratios for this holding |
| SAN DIEGO COUNTY REGIONAL AIRPORT AUTHORITY (CA) | UNSCREENED | 0.07% | no in-house ratios for this holding |
| SAN FRANCISCO CITY AND COUNTY AIRPORT COMMISSION (CA) | UNSCREENED | 0.07% | no in-house ratios for this holding |
| CALIFORNIA INFRASTRUCTURE ECONOMIC DEVELOPMENT BANK (CA) | UNSCREENED | 0.07% | no in-house ratios for this holding |
| SAN FRANCISCO CITY AND COUNTY AIRPORT COMMISSION (CA) | UNSCREENED | 0.07% | no in-house ratios for this holding |
| CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY (CA) | UNSCREENED | 0.07% | no in-house ratios for this holding |
| CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY (CA) | UNSCREENED | 0.07% | no in-house ratios for this holding |
| GUAM INTL ARPT AUTH | UNSCREENED | 0.07% | no in-house ratios for this holding |
| CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY (CA) | UNSCREENED | 0.07% | no in-house ratios for this holding |
| DOWNEY UNIFIED SCHOOL DISTRICT (CA) | UNSCREENED | 0.07% | no in-house ratios for this holding |
| CALIFORNIA SCH FIN AUTH | UNSCREENED | 0.07% | no in-house ratios for this holding |
| MUNICIPAL IMPROVEMENT CORP OF LOS ANGELES (CA) | UNSCREENED | 0.07% | no in-house ratios for this holding |
| PUERTO RICO SALES TAX FINANCING CORP | UNSCREENED | 0.07% | no in-house ratios for this holding |
| CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY (CA) | UNSCREENED | 0.07% | no in-house ratios for this holding |
| RIVERSIDE COUNTY REDEVELOPMENT AGENCY (CA) | UNSCREENED | 0.07% | no in-house ratios for this holding |
| MUNICIPAL IMPROVEMENT CORP OF LOS ANGELES (CA) | UNSCREENED | 0.06% | no in-house ratios for this holding |
| CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY (CA) | UNSCREENED | 0.06% | no in-house ratios for this holding |
| CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY (CA) | UNSCREENED | 0.06% | no in-house ratios for this holding |
| EAST BAY MUNICIPAL UTILITY DISTRICT (CA) | UNSCREENED | 0.06% | no in-house ratios for this holding |
| CALIFORNIA SCHOOL FINANCE AUTHORITY (CA) | UNSCREENED | 0.06% | no in-house ratios for this holding |
| GUAM GOVERNMENT WATERWORKS AUTHORITY | UNSCREENED | 0.06% | no in-house ratios for this holding |
| RIVERSIDE CALIF UNI SCH DIST | UNSCREENED | 0.06% | no in-house ratios for this holding |
| CALIFORNIA INFRASTRUCTURE ECONOMIC DEVELOPMENT BANK (CA) | UNSCREENED | 0.06% | no in-house ratios for this holding |
| TULARE COUNTY TRANSPORTATION AUTHORITY (CA) | UNSCREENED | 0.06% | no in-house ratios for this holding |
| CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY (CA) | UNSCREENED | 0.06% | no in-house ratios for this holding |
| CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY (CA) | UNSCREENED | 0.06% | no in-house ratios for this holding |
| EUREKA UNIFIED SCHOOL DISTRICT (CA) | UNSCREENED | 0.06% | no in-house ratios for this holding |
| FOOTHILL DE ANZA COMMUNITY COLLEGE DISTRICT (CA) | UNSCREENED | 0.06% | no in-house ratios for this holding |
| GUAM INTL ARPT AUTH | UNSCREENED | 0.06% | no in-house ratios for this holding |
| CALIFORNIA ST PUB WKS BRD | UNSCREENED | 0.06% | no in-house ratios for this holding |
| CALIFORNIA (CA), STATE OF | UNSCREENED | 0.06% | no in-house ratios for this holding |
| GUAM POWER AUTHORITY | UNSCREENED | 0.06% | no in-house ratios for this holding |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK | UNSCREENED | 0.06% | no in-house ratios for this holding |
| GUAM INTL ARPT AUTH | UNSCREENED | 0.06% | no in-house ratios for this holding |
| SAN FRANCISCO (CA), CITY AND COUNTY OF | UNSCREENED | 0.06% | no in-house ratios for this holding |
| ANTIOCH CALIF UNI SCH DIST | UNSCREENED | 0.06% | no in-house ratios for this holding |
| LOS ANGELES CITY DEPARTMENT OF AIRPORTS (CA) | UNSCREENED | 0.06% | no in-house ratios for this holding |
| CALIFORNIA MUNICIPAL FINANCE AUTHORITY (CA) | UNSCREENED | 0.06% | no in-house ratios for this holding |
| FOLSOM RANCH FING AUTH CALIF | UNSCREENED | 0.06% | no in-house ratios for this holding |
| CALIFORNIA INFRASTRUCTURE ECONOMIC DEVELOPMENT BANK (CA) | UNSCREENED | 0.06% | no in-house ratios for this holding |
| VERNON (CA), CITY OF | UNSCREENED | 0.06% | no in-house ratios for this holding |
| MATCHING FUND SPECIAL PURPOSE SECURITIZATION CORP | UNSCREENED | 0.06% | no in-house ratios for this holding |
| CALIFORNIA MUNICIPAL FINANCE AUTHORITY (CA) | UNSCREENED | 0.06% | no in-house ratios for this holding |
| EL RANCHO UNIFIED SCHOOL DISTRICT (CA) | UNSCREENED | 0.05% | no in-house ratios for this holding |
| CALIFORNIA MUN FIN AUTH | UNSCREENED | 0.05% | no in-house ratios for this holding |
| CALIFORNIA MUNICIPAL FINANCE AUTHORITY (CA) | UNSCREENED | 0.05% | no in-house ratios for this holding |
| ROMOLAND SCH DIST CALIF | UNSCREENED | 0.05% | no in-house ratios for this holding |
| FOOTHILL EASTERN TRANSPORTATION CORRIDOR AGENCY (CA) | UNSCREENED | 0.05% | no in-house ratios for this holding |
| LOS ANGELES CITY DEPARTMENT OF AIRPORTS (CA) | UNSCREENED | 0.05% | no in-house ratios for this holding |
| TEJON RANCH PUB FACS FIN AUTH CALIFORIA | UNSCREENED | 0.05% | no in-house ratios for this holding |
| CALIFORNIA MUNICIPAL FINANCE AUTHORITY (CA) | UNSCREENED | 0.05% | no in-house ratios for this holding |
| RIVER ISLANDS PUB FING AUTH CALIF | UNSCREENED | 0.05% | no in-house ratios for this holding |
| CALIFORNIA MUNICIPAL FINANCE AUTHORITY (CA) | UNSCREENED | 0.05% | no in-house ratios for this holding |
| GUAM, GOVERNMENT OF | UNSCREENED | 0.05% | no in-house ratios for this holding |
| SAN JOAQUIN HILLS TRANSPORTATION CORRIDOR AGENCY | UNSCREENED | 0.05% | no in-house ratios for this holding |
| KERN COMMUNITY COLLEGE DISTRICT (CA) | UNSCREENED | 0.05% | no in-house ratios for this holding |
| SAN DIEGO CITY PUBLIC FACILITIES FINANCING AUTHORITY (CA) | UNSCREENED | 0.05% | no in-house ratios for this holding |
| CALIFORNIA PUB FIN AUTH | UNSCREENED | 0.05% | no in-house ratios for this holding |
| M-S-R ENERGY AUTHORITY (CA) | UNSCREENED | 0.05% | no in-house ratios for this holding |
| EAST BAY CALIF REGL PK DIST | UNSCREENED | 0.05% | no in-house ratios for this holding |
| CALIFORNIA POLLUTION CONTROL FINANCING AUTHORITY (CA) | UNSCREENED | 0.05% | no in-house ratios for this holding |
| TEMECULA VALLEY UNIFIED SCHOOL DISTRICT (CA) | UNSCREENED | 0.05% | no in-house ratios for this holding |
| POMONA UNIFIED SCHOOL DISTRICT (CA) | UNSCREENED | 0.05% | no in-house ratios for this holding |
| CYPRESS ELEMENTARY SCHOOL DISTRICT (CA) | UNSCREENED | 0.05% | no in-house ratios for this holding |
| GUAM, GOVERNMENT OF | UNSCREENED | 0.05% | no in-house ratios for this holding |
| SACRAMENTO CALIF CITY UNI SCH DIST | UNSCREENED | 0.05% | no in-house ratios for this holding |
| LAKE TAHOE UNIFIED SCHOOL DISTRICT (CA) | UNSCREENED | 0.05% | no in-house ratios for this holding |
| BAKERSFIELD CITY SCHOOL DISTRICT (CA) | UNSCREENED | 0.05% | no in-house ratios for this holding |
| FOLSOM CORDOVA UNIFIED SCHOOL DISTRICT N.4 (CA) | UNSCREENED | 0.04% | no in-house ratios for this holding |
| PUERTO RICO, COMMONWEALTH OF | UNSCREENED | 0.04% | no in-house ratios for this holding |
| LOS ANGELES UNIFIED SCHOOL DISTRICT (CA) | UNSCREENED | 0.04% | no in-house ratios for this holding |
| ORCUTT UNION SCHOOL DISTRICT (CA) | UNSCREENED | 0.04% | no in-house ratios for this holding |
| BAY AREA TOLL AUTHORITY (CA) | UNSCREENED | 0.04% | no in-house ratios for this holding |
| CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY (CA) | UNSCREENED | 0.04% | no in-house ratios for this holding |
| RIVERSIDE COUNTY REDEVELOPMENT AGENCY (CA) | UNSCREENED | 0.03% | no in-house ratios for this holding |
| EL MONTE CITY SCHOOL DISTRICT (CA) | UNSCREENED | 0.03% | no in-house ratios for this holding |
| LOS ANGELES UNIFIED SCHOOL DISTRICT (CA) | UNSCREENED | 0.03% | no in-house ratios for this holding |
| PUERTO RICO, COMMONWEALTH OF | UNSCREENED | 0.03% | no in-house ratios for this holding |
| MODESTO IRRIGATION DISTRICT FINANCING AUTHORITY (CA) | UNSCREENED | 0.03% | no in-house ratios for this holding |
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | UNSCREENED | 0.02% | no in-house ratios for this holding |
| PORT AUTHORITY OF GUAM (GU) | UNSCREENED | 0.02% | no in-house ratios for this holding |
| LOS ANGELES CITY DEPARTMENT OF AIRPORTS (CA) | UNSCREENED | 0.01% | no in-house ratios for this holding |
Methodology breakdown computing — it will appear here on its own.
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Why this signal?
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
🕌 In-house Compliance Research
Computing the full ratio and business-activity breakdown for GCAL — this runs off the critical path so the page paints first. It will appear here on its own.
Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset
Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.
Price Forecast
The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally below. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.
Technical Summary
Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.
Every indicator, and what it reads
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 73.70 | SELL |
| Stochastic %K (14) | 94.78 | SELL |
| CCI (20) | 130.32 | SELL |
| Williams %R (14) | -5.22 | SELL |
| MACD (12,26,9) | 0.09 | BUY |
| ROC (10) | 1.29 | BUY |
| Momentum (10) | 0.64 | BUY |
| EMA (10) | 49.76 | BUY |
| SMA (10) | 49.76 | BUY |
| EMA (20) | 49.50 | BUY |
| SMA (20) | 49.39 | BUY |
| EMA (30) | 49.40 | BUY |
| SMA (30) | 49.05 | BUY |
| EMA (50) | 49.40 | BUY |
| SMA (50) | 49.19 | BUY |
| EMA (100) | 49.57 | BUY |
| SMA (100) | 49.76 | BUY |
| EMA (200) | 49.67 | BUY |
| SMA (200) | 49.90 | BUY |
About Goldman Sachs Dynamic California Municipal Income ETF
The fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes in fixed income securities issued by or on behalf of the state of California and its political subdivisions, agencies and instrumentalities and other states, territories and possessions of the United States and the political subdivisions, agencies and instrumentalities thereof, the interest on which is exempt from regular federal income tax and California personal income tax. The fund is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
Weak — low conviction, small size or skip
SMC — Top Down
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
| Timeframe | Bias | Bars |
|---|---|---|
| 📅 Daily | BULLISH | 43 |
| ⏰ 4H | BULLISH | 17 |
| 🕐 1H | BULLISH | 70 |
| ⏱ 15-Min | BULLISH | 130 |
| ⏲ 5-Min | RANGING | 234 |
Momentum & Volume
Rate of change and relative volume against this symbol's own recent history. Momentum describes what price has done; it is not a claim about what it will do.
Peer Movement
How the rest of the sector moved over the same window. Context for a price move, never a cause of one.
Peer movement computing — it will appear here on its own.
Before you act on this
The questions worth asking about any verdict on this page, answered plainly.
Is a fund screened on its name?
No. HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A fund marketed as Islamic still gets the same look-through as any other.
What does unrated weight mean?
It is the share of the fund whose holdings HTR cannot cover far enough to rate. It is reported as unrated rather than counted as compliant, because a holding nobody screened should not look like one that passed.
Does the issuer's board make it compliant?
It matters, and it is noted, but it does not replace the look-through. The board's judgement and the holdings screen are shown separately so you can see when they agree and when they do not.
How often is this re-screened?
When the fund files new holdings, and on a rolling basis besides. The date on the verdict above is the last time this fund was actually recomputed.
Open research, not a fatwa. HTR applies published screening standards to filings and publishes what they say, including when they disagree. Nothing here is financial advice or a recommendation to buy or sell. Verdicts can change when new filings land.
Compare with
Same screen, different answers. Comparison is where the standards disagreeing becomes useful rather than confusing.
Peer screening computing — it will appear here on its own.
Insider Activity (90d)
Insider transactions reported in the last ninety days. Insiders sell for reasons that have nothing to do with a view, so a sale on its own is not a signal.
NO DATA 0 buys · 0 sells
COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE
The weekly CFTC Commitments of Traders report for the broad market it tracks, not for this symbol. Positioning context for the tape — it says nothing about this company.
NEUTRAL report date 2026-11-03 · Asset managers net 928584 (+5135)
AI Summary
Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.