Small cap stocks are undergoing a resurgence, and Goldman Sachs Asset Management is looking to capitalize on it through the exchange-traded fund space.
One, believe it or not, is small cap core," Brendan McCarthy, the firm's managing director of exchange traded funds, told CNBC's "ETF Edge" on Monday.
"This is our first active small cap ETF, and that's very much on the back of investor demand."
It's called the Goldman Sachs Small Cap Core Equity ETF and it's up almost 8% since its early October launch date.
Meanwhile, the Russell 2000, which tracks small cap stocks, is up more than 7% in that same time frame as of Tuesday's market close.
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