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ETFs

Goldman Sachs MarketBeta U.S. 1000 Equity ETF

GUSA
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 05 2022
Expense Ratio
0.11%
Type
US Equities
Fund Owner
Goldman Sachs
Volume (1m avg. daily)
$1,078
AUM
$1,342,307,170
Associated Index
Solactive GBS United States 1000 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

AAPL
Apple Inc
6.48%
MSFT
Microsoft Corporation
5.82%
AMZN
Amazon.com Inc.
2.91%
NVDA
NVIDIA Corp
2.47%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
1.94%
TSLA
Tesla Inc
1.68%
GOOG
Alphabet Inc - Ordinary Shares - Class C
1.68%
META
Meta Platforms Inc - Ordinary Shares - Class A
1.65%
UNH
Unitedhealth Group Inc
1.18%
LLY
Lilly(Eli) & Co
1.17%
Invest with GUSA

What is GUSA?

The Goldman Sachs MarketBeta U.S. 1000 Equity ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive GBS United States 1000 Index ("Index"). The Index intends to track the performance of the largest 1000 companies from the US stock market and is based on the Solactive Global Benchmark Series. Constituents are selected based on company market capitalization and weighted by free-float market capitalization.

ETFs related toGUSA

ETFs correlated to GUSA include IYY, PBUS, SCHX

GUSA
Goldman Sachs ETF Trust II - Goldman Sachs MarketBeta U.S. 1000 Equity ETF
IYY
BlackRock Institutional Trust Company N.A. - iShares Dow Jones U.S. ETF
PBUS
Invesco Capital Management LLC - Invesco MSCI USA ETF
SCHX
Schwab Strategic Trust - Schwab U.S. Large-Cap ETF
IWB
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 ETF
SCHK
Schwab Strategic Trust - Schwab 1000 Index ETF
LCTU
BlackRock ETF Trust - BlackRock U.S. Carbon Transition Readiness ETF
VOTE
Engine No. 1 ETF Trust - Engine No. 1 Transform 500 ETF
GSUS
Goldman Sachs ETF Trust - Goldman Sachs MarketBeta U.S. Equity ETF
ITOT
BlackRock Institutional Trust Company N.A. - iShares Core S&P Total U.S. Stock Market 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 toGUSA

#BTD

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Category

Featured, Technology Focus

Risk Rating

Aggressive

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Diversify with Sin Stocks

Category

Grow Your Portfolio, Diversification

Risk Rating

Aggressive

Create your own algorithmic trading strategy with GUSA using Composer

FAQ

GUSA is a US Equities ETF. The Goldman Sachs MarketBeta U.S. 1000 Equity ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive GBS United States 1000 Index ("Index"). The Index intends to track the performance of the largest 1000 companies from the US stock market and is based on the Solactive Global Benchmark Series. Constituents are selected based on company market capitalization and weighted by free-float market capitalization.

GUSA tracks the Solactive GBS United States 1000 Index.

No, GUSA 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, GUSA 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 GUSA is -0.0084%. This is the percent change in the value of GUSA over the most recent 1-month period. The 3-month return on GUSA is 0.0057%. This is the percent change in the value of GUSA over the most recent 3-month period.

The standard deviation of GUSA for the past year is 0.1766%. 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 GUSA include IVV, MDY, and IJR.

ETFs correlated to GUSA include IYY, PBUS, and SCHX.

ETFs that are inversely correlated to GUSA include SPDN, SDS, and SH.

Disclaimers

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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.