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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)
$6,552,301
AUM
$1,076,731,838
Associated Index
Solactive GBS United States Large & Mid Cap Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

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Apple Inc
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Alphabet Inc - Ordinary Shares - Class A
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GOOG
Alphabet Inc - Ordinary Shares - Class C
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Tesla Inc
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META
Meta Platforms Inc - Ordinary Shares - Class A
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UNH
Unitedhealth Group Inc
1.29%
LLY
Lilly(Eli) & Co
1.27%
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, IWB, IYY

GSUS
Goldman Sachs ETF Trust - Goldman Sachs MarketBeta U.S. Equity ETF
VV
Vanguard Group, Inc. - Vanguard Large Cap ETF
IWB
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 ETF
IYY
BlackRock Institutional Trust Company N.A. - iShares Dow Jones U.S. ETF
SCHX
Schwab Strategic Trust - Schwab U.S. Large-Cap 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
SPXL
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares
SSO
ProShares Trust - ProShares Ultra S&P500 2x Shares
UPRO
ProShares Trust - ProShares UltraPro S&P 500 ETF 3x 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

#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 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 -0.0066%. This is the percent change in the value of GSUS over the most recent 1-month period. The 3-month return on GSUS is 0.007%. 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 0.1747%. 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 IJH, MDY, and VTI.

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

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.