ETF Evaluator: Goldman Sachs Value Opportunities ETF () Follow This ETF

Goldman Sachs Value Opportunities ETF Overview

Goldman Sachs Value Opportunities ETF (GVLE) is an actively managed U.S. Equity Large Value exchange-traded fund (ETF). Goldman Sachs launched the ETF in 2015.

The investment seeks long-term capital appreciation. The fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) (“Net Assets”) in a portfolio of equity securities. Although it will invest primarily in publicly traded U.S. securities, it may invest up to 20% of its Net Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies. The fund is non-diversified.

About Goldman Sachs Value Opportunities ETF (GVLE)

There are 3 members of the management team with an average tenure of 5.18 years: Charles (Brook) Dane (2018), Raj Garigipati (2025) and Kevin Martens (2019). 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 Russell 1000 Value TR USD index with a weighting of 100%. Goldman Sachs Value Opportunities ETF has 32 securities in its portfolio. The top 10 holdings constitute 48.6% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

Goldman Sachs Value Opportunities ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. Goldman Sachs Value Opportunities ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 98.4% There is 0.0% 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 Value Opportunities ETF has 1.6% of the portfolio in cash.

Assets Under Management

The fund has $42 million in total assets, which is below the $5 billion average for the Large Value 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.

GVLE 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 Value Opportunities ETF expense ratio is average compared to funds in the Large Value category. Goldman Sachs Value Opportunities ETF has an expense ratio of 0.45%, which is 21% higher than its category average, making the fund expense ratio grade a D. 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 Value Opportunities ETF has a portfolio turnover rate of 109%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 40% for the Large Value category.

Recently, in the month of July 2026, Goldman Sachs Value Opportunities ETF returned 2.7%, which earned it a grade of C, as the Large Value category had an average return of 2.4%. 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 Value Opportunities ETF has a trailing yield of 0.89%, which is below the 1.70% category average. The fund normally distributes its income annually 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 Value Opportunities ETF Grades

Year to date, the ETF has returned 18.7%, 4.3 percentage points better than the category, which translates into a grade of A. The fund has returned 22.8% over the past year (grade of C), 15.9% over the past three years (grade of C) and 11.7% per year over the past five years (grade of C) and 12.2% per year over the past 10 years (grade of C).

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