- ISIN
- US3814305039
- CUSIP
- 381430503
- Issuer
- Goldman Sachs
- Inception Date
- Sep 17, 2015
- Region
- North America (U.S.)
- Category
- Large Cap Growth Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- Goldman Sachs ActiveBeta U.S. Large Cap Equity Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $15B
Share Price Chart
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Performance
GSLC Performance Chart
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC) is up 7.2% since the beginning of the year. GSLC is currently trading at $141 per share. Investors who bought $1,000 worth of GSLC shares 5 years ago would now be looking at an investment worth $1,776.
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Returns By Period
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC) has returned 7.16% so far this year and 22.11% over the past 12 months. Looking at the last ten years, GSLC has achieved an annualized return of 14.79%, outperforming the S&P 500 Index benchmark, which averaged 13.88% per year.
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF
- 1D
- -0.30%
- 1M
- -0.07%
- YTD
- 7.16%
- 6M
- 6.55%
- 1Y
- 22.11%
- 3Y*
- 19.74%
- 5Y*
- 12.17%
- 10Y*
- 14.79%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
GSLC Monthly Returns History
Based on dividend-adjusted daily data since Sep 21, 2015, GSLC's average daily return is +0.06%, while the average monthly return is +1.19%. At this rate, an investment would double in approximately 4.9 years.
Historically, 68% of months were positive and 32% were negative. The best month was Apr 2020 with a return of +12.5%, while the worst month was Mar 2020 at -12.5%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.
On a daily basis, GSLC closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +9.3%, while the worst single day was Mar 16, 2020 at -11.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.73% | -0.80% | -5.13% | 9.51% | 4.76% | -1.45% | 7.16% | ||||||
| 2025 | 2.93% | -1.32% | -5.63% | -0.76% | 6.19% | 4.93% | 2.23% | 2.16% | 3.02% | 1.33% | 0.27% | 0.26% | 16.17% |
| 2024 | 1.92% | 5.38% | 3.32% | -4.54% | 4.67% | 3.42% | 1.30% | 2.42% | 2.05% | -0.82% | 6.78% | -3.40% | 24.21% |
| 2023 | 5.96% | -2.28% | 3.40% | 1.39% | -0.15% | 6.58% | 3.16% | -1.65% | -4.59% | -2.14% | 8.95% | 4.91% | 25.09% |
| 2022 | -6.26% | -3.05% | 3.32% | -8.20% | 0.02% | -7.98% | 8.90% | -4.02% | -8.98% | 8.35% | 5.42% | -5.72% | -18.71% |
| 2021 | -0.78% | 1.62% | 3.97% | 5.13% | 0.55% | 3.13% | 2.63% | 2.97% | -5.10% | 6.75% | -0.59% | 4.55% | 27.17% |
Benchmark Metrics
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF has an annualized alpha of 1.01%, beta of 0.97, and R2 of 0.99 versus S&P 500 Index. Calculated based on daily prices since September 21, 2015.
- With beta of 0.97 and R2 of 0.99, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 1.01%
- Beta
- 0.97
- R²
- 0.99
- Upside Capture
- 100.36%
- Downside Capture
- 96.82%
Expense Ratio
GSLC has an expense ratio of 0.09%, which is considered low.
Return for Risk
Risk / Return Rank
GSLC ranks 54 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GSLC | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.21 | ||
| Sortino ratioReturn per unit of downside risk | -0.27 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.37 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.34 | 2.78 | -0.44 |
| Martin ratioReturn relative to average drawdown | 10.16 | 12.44 | -2.28 |
Dividends
Dividend History
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF provided a 0.94% dividend yield over the last twelve months, with an annual payout of $1.33 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.33 | $1.32 | $1.27 | $1.30 | $1.22 | $1.01 | $1.02 | $1.00 | $0.95 | $0.90 | $0.75 | $0.15 |
Dividend yield | 0.94% | 1.00% | 1.11% | 1.38% | 1.61% | 1.06% | 1.35% | 1.54% | 1.89% | 1.69% | 1.69% | 0.36% |
Monthly Dividends
The table displays the monthly dividend distributions for Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.00 | $0.34 | ||||||
| 2025 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.34 | $1.32 |
| 2024 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.36 | $1.27 |
| 2023 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.41 | $1.30 |
| 2022 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.35 | $1.22 |
| 2021 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.31 | $1.01 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF was 33.69%, occurring on Mar 23, 2020. Recovery took 95 trading sessions.
The current Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF drawdown is 1.89%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -33.69%Mar 2020 | 1mo 2d | 4mo 16d | 5mo 18dFeb 2020 - Aug 2020 |
Bear market2022 | -24.90%Sep 2022 | 9mo 4d | 1y 2mo | 1y 11moDec 2021 - Dec 2023 |
Rate-hike selloffLate 2018 | -19.58%Dec 2018 | 3mo 1d | 4mo | 7mo 1dSep 2018 - Apr 2019 |
2025 selloff2025 | -18.66%Apr 2025 | 1mo 17d | 2mo 19d | 4mo 6dFeb 2025 - Jun 2025 |
2016 correction2016 | -11.95%Feb 2016 | 2mo 11d | 1mo 20d | 4mo 1dDec 2015 - Apr 2016 |
Drawdown Indicators
| GSLC | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.69% | -56.78% | +23.09% |
Max Drawdown (1Y)Largest decline over 1 year | -9.49% | -9.10% | -0.39% |
Max Drawdown (3Y)Largest decline over 3 years | -18.66% | -18.90% | +0.24% |
Max Drawdown (5Y)Largest decline over 5 years | -24.90% | -25.43% | +0.53% |
Max Drawdown (10Y)Largest decline over 10 years | -33.69% | -33.92% | +0.23% |
Current DrawdownCurrent decline from peak | -1.89% | -1.80% | -0.09% |
Average DrawdownAverage peak-to-trough decline | -4.38% | -10.71% | +6.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.18% | 2.03% | +0.15% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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