AAII ETF Evaluator

ETF Evaluator: Goldman Sachs MarketBeta US 1000 Eq ETF () Follow This ETF

Equity
Global Asset Class
U.S. Equity
Fund Group
Large Blend
Category
$66.353
Last Trade
(as of Aug 20)
$2,333 Mil
Share Class Assets
0.98%
TTM Yield
$67.450 - $54.700
52-Wk High-Low Range
0.10% A
Expense Ratio
2%
Portfolio Turnover
0 (k)
Avg. Daily Trading Vol.

Best Performing in Large Blend Over the Last Year

62.5% ARS Focused Opportunities Strategy ETF (AFOS)
35.7% Mohr Company Nav ETF (CNAV)
33.9% Impact Shares NAACP Minority Empwrmt ETF (NACP)
31.8% Astoria US Equal Weight Quality KingsETF (ROE)
30.5% FIS Bright Portfolios Focused Equity ETF (BRIF)
Data as of 7/31/2026
-0.4% D (NAV)
1.0% B (Price)
1-Mo Return
4.1% D (NAV)
4.7% C (Price)
3-Mo Return
10.1% C (NAV)
8.2% D (Price)
YTD Return
19.0% C (NAV)
18.2% C (Price)
1-Yr Return
19.0% B (NAV)
18.7% C (Price)
3-Yr Return
na (NAV)
na (Price)
5-Yr Return
0.99 C
Category
Risk
Index
1.09
Total
Risk
Index

ETF Details

Fund Family
Goldman Sachs

Inception Date
4/5/2022

Website

Phone
800-621-2550

Primary Benchmark
Russell 1000 TR USD: 100%

Secondary Benchmark
Solactive GBS United States 1000 TR USD: 100%

Additional Fund Details

Goldman Sachs MarketBeta US 1000 Eq ETF Overview

Goldman Sachs MarketBeta US 1000 Eq ETF (GUSA) is a passively managed U.S. Equity Large Blend exchange-traded fund (ETF). Goldman Sachs launched the ETF in 2022.

The investment seeks to provide investment results that closely correspond to the performance of the Solactive GBS United States 1000 Index (the “Index”). The fund seeks to invest at least 80% of its assets in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index. The index is designed to measure the performance of equity securities of large and mid‑capitalization equity issuers covering approximately the largest 1,000 of the free-float market capitalization in the U.S.

About Goldman Sachs MarketBeta US 1000 Eq ETF (GUSA)

There are 2 members of the management team with an average tenure of 3.31 years: Gauri Sekaria (2024) and Raj Garigipati (2022). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 2 primary benchmarks: Russell 1000 TR USD index with a weighting of 100% and Solactive GBS United States 1000 TR USD index with a weighting of 100%. Goldman Sachs MarketBeta US 1000 Eq ETF has 1009 securities in its portfolio. The top 10 holdings constitute 34.6% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

Goldman Sachs MarketBeta US 1000 Eq ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. Goldman Sachs MarketBeta US 1000 Eq ETF has 0.8% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 99.1% There is 0.8% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Goldman Sachs MarketBeta US 1000 Eq ETF has 0.1% of the portfolio in cash.

Assets Under Management

The fund has $2 billion in total assets, which is below the $13 billion average for the Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

GUSA Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Goldman Sachs MarketBeta US 1000 Eq ETF expense ratio is low compared to funds in the Large Blend category. Goldman Sachs MarketBeta US 1000 Eq ETF has an expense ratio of 0.10%, which is 76% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Goldman Sachs MarketBeta US 1000 Eq ETF has a portfolio turnover rate of 2%, which indicates that it holds its assets around / 0.5 years. By way of comparison, the average portfolio turnover is 158% for the Large Blend category.

Recently, in the month of July 2026, Goldman Sachs MarketBeta US 1000 Eq ETF returned -0.4%, which earned it a grade of D, as the Large Blend category had an average return of -0.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

Goldman Sachs MarketBeta US 1000 Eq ETF has a trailing yield of 0.98%, which is below the 1.16% category average. The fund normally distributes its income monthly and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Goldman Sachs MarketBeta US 1000 Eq ETF Grades

Year to date, the ETF has returned 10.1%, 0.5 percentage points better than the category, which translates into a grade of C. The fund has returned 19.0% over the past year (grade of C) and 19.0% over the past three years (grade of B).

For more ETF grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.

Otherwise, for more information about Goldman Sachs MarketBeta US 1000 Eq ETF, including its riskiness, submit your email to unlock the rest of the article.


GUSA Trailing NAV Total Returns Data as of 7/31/26

Last
Month
Last
Quarter
Ann'l.
1Yr
Ann'l.
3Yr
Ann'l.
5Yr
Ann'l.
10Yr
GUSA Return (NAV) -0.4% 4.1% 19.0% 19.0% na na
GUSA Return (Price) 1.0% 4.7% 18.2% 18.7% na na
NAV +/- Price Return -1.443% -0.593% 0.801% 0.226% na na
Large Blend Avg -0.8% 3.7% 17.5% 17.4% 11.2% 13.6%
GUSA Grade (NAV) D D C B na na
+/- Category (NAV) 0.4% 0.4% 1.5% 1.5% na na
GUSA Tax-Cost Ratio na na 0.4% 0.5% na na

GUSA Annual NAV Total ReturnsData as of 7/31/26

2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
GUSA Return (NAV) 10.1% 17.3% 24.4% 26.6% na na na na na na na
GUSA Return (Price) 8.2% 13.9% 29.6% 26.6% na na na na na na na
NAV +/- Price Ret -0.187% -0.199% 0.213% 0.001% na na na na na na na
Large Blend Avg 9.5% 15.3% 21.9% 22.9% -17.1% 26.9% 18.3% 29.6% -5.1% 21.5% 11.4%
GUSA Grade (NAV) C B B B na na na na na na na
+/- Category 0.5% 2.0% 2.5% 3.7% na na na na na na na
Risk Measures
Beta: 1.02
R-Squared: 100%
Standard Deviation: 13.3%
Category Risk Index: 0.99
Category Risk Rating: Average
Total Risk Index: 1.09
Total Risk Rating: Average
Portfolio Characteristics
Yield: 1.0%
Total Assets: $ 2,333 Mil
Share Class Assets: $ 2,333 Mil
Turnover: 2.0%
Expense Ratio: 0.10%
Index Fund: Yes
Index Tracked: Russell 1000 TR USD
Index Weighting: 100%
Leveraged: No
Socially Responsible Fund: No
Capital Gains Distribution Frequency: Annually
Income Distribution Frequency: Monthly

Management Team

Number of Managers: 2
Longest Tenure: 4.3 years
Average Tenure: 3.3 years
Managers (Year): Garigipati Raj (2022), Sekaria Gauri (2024)

Portfolio Composition (as of 7/31/26)

# of Holdings: 1009
% in Top 10 Holdings: 34.6%
Fund is Non-Diversified: No
% in Foreign Issues: 0.8%
 

Portfolio Allocation

Domestic Stock: 99.1%
Foreign Stock: 0.8%
Preferred Stock: 0.0%
Domestic Bond: 0.0%
Foreign Bond: 0.0%
Convertible Bond: 0.0%
Other: 0.0%
Cash: 0.1%

Purchase Information

Legal Structure: Open Ended Investment Company
Fund Family: Goldman Sachs
Phone Number: 800-621-2550
Website:
Inception Date: April 5, 2022

Expenses and Fees

Expense Ratio (%): 0.10% (Rating: Low)
Category Average Expense Ratio (%): 0.41%
Copyright 2026 American Association of Individual Investors and Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.