Skip to Content

Goldman Sachs MarketBeta U.S. Equity ETF

GSUS
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 12 2020
Expense Ratio
0.07%
Type
US Equities
Fund Owner
Goldman Sachs
Volume (1m avg. daily)
$2,477,984
AUM
$896,940,814
Associated Index
Solactive GBS United States Large & Mid Cap Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

AAPL
Apple Inc
7.36%
MSFT
Microsoft Corporation
6.59%
AMZN
Amazon.com Inc.
3.03%
NVDA
NVIDIA Corp
2.47%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
2.03%
GOOG
Alphabet Inc - Ordinary Shares - Class C
1.77%
TSLA
Tesla Inc
1.71%
META
Meta Platforms Inc - Ordinary Shares - Class A
1.62%
UNH
Unitedhealth Group Inc
1.24%
XOM
Exxon Mobil Corp.
1.23%
Invest with GSUS

What is GSUS?

The Goldman Sachs MarketBeta U.S. Equity ETF (the Fund ) seeks to provide investment results that closely correspond, beforefees and expenses, to the performance of the Solactive GBS United States Large & Mid Cap Index (the Index ). The Index consists of equity securities of large and mid-capitalization equity issuers covering approximately the largest 85% of thefree-float market capitalization in the United States. It is calculated as a total return index in U.S. dollars and weighted by free-floatmarket capitalization.

ETFs related toGSUS

ETFs correlated to GSUS include VV, SCHX, IWB

GSUS
Goldman Sachs ETF Trust - Goldman Sachs MarketBeta U.S. Equity ETF
VV
Vanguard Group, Inc. - Vanguard Large Cap ETF
SCHX
Schwab Strategic Trust - Schwab U.S. Large-Cap ETF
IWB
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 ETF
BBUS
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Equity ETF
IYY
BlackRock Institutional Trust Company N.A. - iShares Dow Jones U.S. ETF
SCHK
Schwab Strategic Trust - Schwab 1000 Index ETF
SPY
SSgA Active Trust - SPDR S&P 500 ETF Trust
IVV
BlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF
SPLG
SPDR Series Trust - SPDR Portfolio S&P 500 ETF
SPUU
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 2X Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toGSUS

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

#LSBH

Hedgefundies Refined: Leveraged Stocks and Bonds with a Hedge

Category

Balance Risk Not Assets, Lever Up, Composer's Picks, Leverage: High Risk, High Reward

Risk Rating

Aggressive

Create your own algorithmic trading strategy with GSUS using Composer

FAQ

GSUS is a US Equities ETF. The Goldman Sachs MarketBeta U.S. Equity ETF (the Fund ) seeks to provide investment results that closely correspond, beforefees and expenses, to the performance of the Solactive GBS United States Large & Mid Cap Index (the Index ). The Index consists of equity securities of large and mid-capitalization equity issuers covering approximately the largest 85% of thefree-float market capitalization in the United States. It is calculated as a total return index in U.S. dollars and weighted by free-floatmarket capitalization.

GSUS tracks the Solactive GBS United States Large & Mid Cap Index.

No, GSUS is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, GSUS is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on GSUS is 0.0469%. This is the percent change in the value of GSUS over the most recent 1-month period. The 3-month return on GSUS is 0.1044%. This is the percent change in the value of GSUS over the most recent 3-month period.

The standard deviation of GSUS for the past year is 0.2091%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to GSUS include QQQ, IJR, and RSP.

ETFs correlated to GSUS include VV, SCHX, and IWB.

ETFs that are inversely correlated to GSUS include SDS, SPXS, and SH.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.