Skip to Content
ETFs

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF

GSLC
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 17 2015
Expense Ratio
0.09%
Type
US Equities
Fund Owner
Goldman Sachs
Volume (1m avg. daily)
$22,510,243
AUM
$10,967,486,206
Associated Index
Goldman Sachs ActiveBeta U.S. Large Cap Equity Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

AAPL
Apple Inc
6.39%
MSFT
Microsoft Corporation
5.60%
AMZN
Amazon.com Inc.
2.62%
NVDA
NVIDIA Corp
2.15%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
1.85%
META
Meta Platforms Inc - Ordinary Shares - Class A
1.79%
GOOG
Alphabet Inc - Ordinary Shares - Class C
1.76%
LLY
Lilly(Eli) & Co
1.23%
UNH
Unitedhealth Group Inc
1.06%
JNJ
Johnson & Johnson
0.97%
Invest with GSLC

What is GSLC?

Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF seeks to provide investment results that closely correspond to the performance of the Fund Index. The Goldman Sachs ActiveBeta U.S. Large Cap Equity Index ( the Index ) is designed to deliver exposure to equity securities of large-capitalization U.S. issuers. The Index seeks to capture common sources of active equity returns, including value (i.e., the security s price compared to market value), momentum (i.e., performance history), quality (i.e., profitability relative to total assets) and volatility (i.e., consistency of returns). The Index is reconstituted and rebalanced quarterly.

ETFs related toGSLC

ETFs correlated to GSLC include VOO, SPY, IVV

GSLC
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF
VOO
Vanguard Group, Inc. - Vanguard S&P 500 ETF
SPY
SSgA Active Trust - SPDR S&P 500 ETF Trust
IVV
BlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF
SSO
ProShares Trust - ProShares Ultra S&P500 2x Shares
SPXL
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares
UPRO
ProShares Trust - ProShares UltraPro S&P 500 ETF 3x Shares
SPLG
SPDR Series Trust - SPDR Portfolio S&P 500 ETF
SCHX
Schwab Strategic Trust - Schwab U.S. Large-Cap ETF
IWB
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 ETF
SPTM
SPDR Series Trust - SPDR Portfolio S&P 1500 Composite Stock Market ETF

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 toGSLC

#DSS

Diversify with Sin Stocks

Category

Grow Your Portfolio, Diversification

Risk Rating

Aggressive

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with GSLC using Composer

FAQ

GSLC is a US Equities ETF. Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF seeks to provide investment results that closely correspond to the performance of the Fund Index. The Goldman Sachs ActiveBeta U.S. Large Cap Equity Index ( the Index ) is designed to deliver exposure to equity securities of large-capitalization U.S. issuers. The Index seeks to capture common sources of active equity returns, including value (i.e., the security s price compared to market value), momentum (i.e., performance history), quality (i.e., profitability relative to total assets) and volatility (i.e., consistency of returns). The Index is reconstituted and rebalanced quarterly.

GSLC tracks the Goldman Sachs ActiveBeta U.S. Large Cap Equity Index.

No, GSLC 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, GSLC 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 GSLC is -0.0086%. This is the percent change in the value of GSLC over the most recent 1-month period. The 3-month return on GSLC is 0.0051%. This is the percent change in the value of GSLC over the most recent 3-month period.

The standard deviation of GSLC for the past year is 0.168%. 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 GSLC include IWO, VTV, and VUG.

ETFs correlated to GSLC include VOO, SPY, and IVV.

ETFs that are inversely correlated to GSLC include SDS, SPXS, and SPXU.

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.