GSLC vs GSUS: Holdings Overlap
GSLCGoldman Sachs ActiveBeta(R) U.S. Large Cap Equity ETF
Goldman Sachs · 435 holdings · $15.2B · as of 2026-05-31
GSUSGoldman Sachs MarketBeta U.S. Equity ETF
Goldman Sachs · 413 holdings · $3.2B · as of 2026-05-31
How similar are GSLC and GSUS?
Goldman Sachs ActiveBeta(R) U.S. Large Cap Equity ETF (GSLC, by Goldman Sachs) holds 435 positions; Goldman Sachs MarketBeta U.S. Equity ETF (GSUS, by Goldman Sachs) holds 413. They have 359 holdings in common, and by portfolio weight the two funds are 76.2% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 76.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 359GSLC holds 435 · GSUS holds 413
- Weight in Shared Holdings
- GSLC 93%·GSUS 96%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in GSLC
76 of 435 positions (7.1% of the fund) are not held by GSUS. Showing the top 30 by weight.
Sector Breakdown
| Sector | GSLC | GSUS |
|---|---|---|
| Information Technology | 38.0% | 38.5% |
| Communication Services | 11.0% | 11.1% |
| Financials | 10.5% | 11.0% |
| Consumer Discretionary | 10.1% | 10.1% |
| Industrials | 8.5% | 8.0% |
| Other Sectors | 21.7% | 21.1% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| GSLC | +3.9% | +12.3% | +20.3% | +19.9% | +12.1% | +14.5% | 0.91% |
| GSUS | +3.4% | +13.8% | +23.5% | +21.6% | +13.0% | — | 0.96% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in GSLC vs GSUS →
Shared Holdings(359)
The top 10 shared positions account for 47% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 7.87% | 7.72% | 7.72% |
|---|---|---|---|
 AAPLApple Inc. COM | 7.00% | 6.98% | 6.98% |
 MSFTMicrosoft Corp. COM | 4.87% | 5.16% | 4.87% |
 AMZNAmazon.com, Inc. COM | 3.78% | 4.06% | 3.78% |
 GOOGLAlphabet Inc. CAP STK CL A | 3.31% | 3.46% | 3.31% |
 AVGOBroadcom Inc COM | 2.84% | 3.25% | 2.84% |
 METAMeta Platforms, Inc., Class A | 2.14% | 2.16% | 2.14% |
 GOOGAlphabet Inc. CAP STK CL C | 1.89% | 2.98% | 1.89% |
 TSLATesla Inc COM | 1.28% | 2.28% | 1.28% |
 LLYEli Lilly & Co. COM | 1.17% | 1.46% | 1.17% |
 JPMJPMorgan Chase & Co. COM | 1.10% | 1.26% | 1.10% |
 MUMicron Technology Inc. COM | 1.10% | 1.71% | 1.10% |
 BRK-BBerkshire Hathaway, Inc., Class B | 0.85% | 1.03% | 0.85% |
 WMTWalmart Inc COM | 0.84% | 0.79% | 0.79% |
 JNJJohnson & Johnson COM | 0.73% | 0.85% | 0.73% |
 VVisa, Inc., Class A | 0.70% | 0.86% | 0.70% |
 AMDAdvanced Micro Devices Inc. COM | 0.68% | 1.31% | 0.68% |
 LRCXLam Research Corporation COM NEW | 0.71% | 0.62% | 0.62% |
 XOMExxon Mobil Corp. COM | 0.62% | 0.95% | 0.62% |
 MAMasterCard Incorporated CL A | 0.61% | 0.61% | 0.61% |
 CSCOCisco Systems, Inc. COM | 0.59% | 0.75% | 0.59% |
 AMATApplied Materials Inc. COM | 0.56% | 0.56% | 0.56% |
 COSTCostco Wholesale Corporation COM | 0.56% | 0.66% | 0.56% |
 QCOMQUALCOMM Inc. COM | 0.52% | 0.42% | 0.42% |
 INTCIntel Corporation COM | 0.40% | 0.79% | 0.40% |
Showing the top 250 of 359 shared holdings by overlap weight.
Frequently Asked Questions
How much do GSLC and GSUS overlap?
GSLC and GSUS overlap by 76.2% of portfolio weight. They share 359 holdings (GSLC holds 435 positions and GSUS holds 413), based on each fund's latest SEC-reported holdings.
Is it redundant to own both GSLC and GSUS?
The two portfolios are 76.2% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of GSLC and GSUS?
The largest positions held by both funds are NVDA, AAPL, MSFT, AMZN and GOOGL. Together the top 10 shared positions account for 47% of the total overlap.
What does GSLC own that GSUS doesn't?
76 positions (7.1% of GSLC) are unique to GSLC, led by TEAM, TPR and NTRA. In the other direction, 54 positions (3.9% of GSUS) are unique to GSUS.