GSUS vs VOO: Holdings Overlap
GSUSGoldman Sachs MarketBeta U.S. Equity ETF
Goldman Sachs · 413 holdings · $3.2B · as of 2026-05-31
Vanguard · 504 holdings · $1.03T · as of 2026-03-31
Holdings snapshots are 61 days apart (GSUS: 2026-05-31, VOO: 2026-03-31). 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 VOO?
Goldman Sachs MarketBeta U.S. Equity ETF (GSUS, by Goldman Sachs) holds 413 positions; Vanguard 500 Index Fund (VOO, by Vanguard) holds 504. They have 380 holdings in common, and by portfolio weight the two funds are 89.6% identical. In practical terms the pair is essentially interchangeable, so holding both adds little diversification.
- Overlap by Weight
- 89.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 380GSUS holds 413 · VOO holds 504
- Weight in Shared Holdings
- GSUS 98%·VOO 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
33 of 413 positions (1.8% of the fund) are not held by VOO. Showing the top 30 by weight.
Sector Breakdown
| Sector | GSUS | VOO |
|---|---|---|
| Information Technology | 38.5% | 32.7% |
| Financials | 11.0% | 12.4% |
| Communication Services | 11.1% | 10.5% |
| Consumer Discretionary | 10.1% | 9.9% |
| Health Care | 8.4% | 9.5% |
| Other Sectors | 20.7% | 24.9% |
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% |
| VOO | +3.4% | +14.0% | +23.7% | +21.3% | +13.4% | +15.4% | 1.03% |
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 VOO →
Shared Holdings(380)
The top 10 shared positions account for 40% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 7.72% | 7.58% | 7.58% |
|---|---|---|---|
 AAPLApple Inc. COM | 6.98% | 6.66% | 6.66% |
 MSFTMicrosoft Corp. COM | 5.16% | 4.91% | 4.91% |
 AMZNAmazon.com, Inc. COM | 4.06% | 3.64% | 3.64% |
 GOOGLAlphabet Inc. CAP STK CL A | 3.46% | 2.99% | 2.99% |
 AVGOBroadcom Inc COM | 3.25% | 2.62% | 2.62% |
 GOOGAlphabet Inc. CAP STK CL C | 2.98% | 2.40% | 2.40% |
 METAMeta Platforms, Inc., Class A | 2.16% | 2.24% | 2.16% |
 TSLATesla Inc COM | 2.28% | 1.87% | 1.87% |
 LLYEli Lilly & Co. COM | 1.46% | 1.30% | 1.30% |
 JPMJPMorgan Chase & Co. COM | 1.26% | 1.34% | 1.26% |
 BRK-BBerkshire Hathaway, Inc., Class B | 1.03% | 1.57% | 1.03% |
 XOMExxon Mobil Corp. COM | 0.95% | 1.27% | 0.95% |
 VVisa, Inc., Class A | 0.86% | 0.89% | 0.86% |
 JNJJohnson & Johnson COM | 0.85% | 1.05% | 0.85% |
 WMTWalmart Inc COM | 0.79% | 0.97% | 0.79% |
 MUMicron Technology Inc. COM | 1.71% | 0.68% | 0.68% |
 COSTCostco Wholesale Corporation COM | 0.66% | 0.79% | 0.66% |
 MAMasterCard Incorporated CL A | 0.61% | 0.73% | 0.61% |
 ABBVAbbVie Inc. COM | 0.60% | 0.69% | 0.60% |
 AMDAdvanced Micro Devices Inc. COM | 1.31% | 0.59% | 0.59% |
 CATCaterpillar Inc COM | 0.64% | 0.59% | 0.59% |
 NFLXNetflix, Inc. COM | 0.57% | 0.73% | 0.57% |
 CSCOCisco Systems, Inc. COM | 0.75% | 0.55% | 0.55% |
 CVXChevron Corp. COM | 0.53% | 0.69% | 0.53% |
Showing the top 250 of 380 shared holdings by overlap weight.
Frequently Asked Questions
How much do GSUS and VOO overlap?
GSUS and VOO overlap by 89.6% of portfolio weight. They share 380 holdings (GSUS holds 413 positions and VOO holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both GSUS and VOO?
The two portfolios are 89.6% 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 VOO?
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 VOO doesn't?
33 positions (1.8% of GSUS) are unique to GSUS, led by MRVL, SNOW and MELI. In the other direction, 124 positions (3.2% of VOO) are unique to VOO.