GSUS vs BBUS: Holdings Overlap
GSUSGoldman Sachs MarketBeta U.S. Equity ETF
Goldman Sachs · 413 holdings · $3.2B · as of 2026-05-31
BBUSJpmorgan Betabuilders U.S. Equity ETF
JPMorgan · 494 holdings · $8.9B · as of 2026-04-30
Holdings snapshots are 31 days apart (GSUS: 2026-05-31, BBUS: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are GSUS and BBUS?
Goldman Sachs MarketBeta U.S. Equity ETF (GSUS, by Goldman Sachs) holds 413 positions; Jpmorgan Betabuilders U.S. Equity ETF (BBUS, by JPMorgan) holds 494. They have 396 holdings in common, and by portfolio weight the two funds are 93.0% identical. In practical terms the pair is essentially interchangeable, so holding both adds little diversification.
- Overlap by Weight
- 93.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 396GSUS holds 413 · BBUS holds 494
- Weight in Shared Holdings
- GSUS 99%·BBUS 97%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 GSUS
17 of 413 positions (1.2% of the fund) are not held by BBUS.
Sector Breakdown
| Sector | GSUS | BBUS |
|---|---|---|
| Information Technology | 38.5% | 34.4% |
| Financials | 11.0% | 12.0% |
| Communication Services | 11.1% | 11.4% |
| Consumer Discretionary | 10.1% | 10.0% |
| Industrials | 8.0% | 8.9% |
| Other Sectors | 21.1% | 22.7% |
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 |
|---|---|---|---|---|---|---|---|
| GSUS | +3.4% | +13.8% | +23.5% | +21.6% | +13.0% | — | 0.96% |
| BBUS | +3.5% | +13.7% | +23.1% | +21.3% | +12.9% | — | 0.98% |
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 GSUS vs BBUS →
Shared Holdings(396)
The top 10 shared positions account for 40% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 7.72% | 7.53% | 7.53% |
|---|---|---|---|
 AAPLApple Inc. COM | 6.98% | 6.41% | 6.41% |
 MSFTMicrosoft Corp. COM | 5.16% | 4.88% | 4.88% |
 AMZNAmazon.com, Inc. COM | 4.06% | 4.19% | 4.06% |
 GOOGLAlphabet Inc. CAP STK CL A | 3.46% | 3.61% | 3.46% |
 AVGOBroadcom Inc COM | 3.25% | 3.13% | 3.13% |
 GOOGAlphabet Inc. CAP STK CL C | 2.98% | 3.11% | 2.98% |
 METAMeta Platforms, Inc., Class A | 2.16% | 2.16% | 2.16% |
 TSLATesla Inc COM | 2.28% | 1.73% | 1.73% |
 JPMJPMorgan Chase & Co. COM | 1.26% | 1.36% | 1.26% |
 LLYEli Lilly & Co. COM | 1.46% | 1.20% | 1.20% |
 BRK-BBerkshire Hathaway, Inc., Class B | 1.03% | 1.40% | 1.03% |
 XOMExxon Mobil Corp. COM | 0.95% | 1.03% | 0.95% |
 MUMicron Technology Inc. COM | 1.71% | 0.94% | 0.94% |
 AMDAdvanced Micro Devices Inc. COM | 1.31% | 0.93% | 0.93% |
 VVisa, Inc., Class A | 0.86% | 0.89% | 0.86% |
 JNJJohnson & Johnson COM | 0.85% | 0.89% | 0.85% |
 WMTWalmart Inc COM | 0.79% | 0.91% | 0.79% |
 COSTCostco Wholesale Corporation COM | 0.66% | 0.73% | 0.66% |
 INTCIntel Corporation COM | 0.79% | 0.66% | 0.66% |
 CATCaterpillar Inc COM | 0.64% | 0.67% | 0.64% |
 MAMasterCard Incorporated CL A | 0.61% | 0.66% | 0.61% |
 ABBVAbbVie Inc. COM | 0.60% | 0.60% | 0.60% |
 CSCOCisco Systems, Inc. COM | 0.75% | 0.58% | 0.58% |
 NFLXNetflix, Inc. COM | 0.57% | 0.64% | 0.57% |
Showing the top 250 of 396 shared holdings by overlap weight.
Frequently Asked Questions
How much do GSUS and BBUS overlap?
GSUS and BBUS overlap by 93.0% of portfolio weight. They share 396 holdings (GSUS holds 413 positions and BBUS holds 494), based on each fund's latest SEC-reported holdings.
Is it redundant to own both GSUS and BBUS?
The two portfolios are 93.0% identical by weight. Owning both is largely redundant: they are close to the same portfolio, so a second position mostly duplicates the first.
What are the biggest shared holdings of GSUS and BBUS?
The largest positions held by both funds are NVDA, AAPL, MSFT, AMZN and GOOGL. Together the top 10 shared positions account for 40% of the total overlap.
What does GSUS own that BBUS doesn't?
17 positions (1.2% of GSUS) are unique to GSUS, led by SNDK, CIEN and SPOT. In the other direction, 98 positions (2.8% of BBUS) are unique to BBUS.