GGUS vs. GUSA

Last updated Aug 4, 2026

GGUS (Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF) and GUSA (Goldman Sachs MarketBeta U.S. 1000 Equity ETF) are both exchange-traded funds - GGUS is a Large Cap Growth Equities fund tracking the Russell 1000 Growth 40 Act Daily Capped Index - Benchmark TR Gross, while GUSA is a Large Cap Blend Equities fund tracking the Solactive GBS United States 1000 Index - Benchmark TR Gross. Both are passively managed. Over the past year, GGUS returned 12.08% vs 22.62% for GUSA. Their correlation of 0.94 means they have usually moved in the same direction. GGUS charges 0.12%/yr vs 0.11%/yr for GUSA.

Performance

GGUS vs. GUSA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (GGUS) and Goldman Sachs MarketBeta U.S. 1000 Equity ETF (GUSA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GGUS achieves a 3.47% return, which is significantly lower than GUSA's 11.51% return.

GGUS

• 1D: 2.16%
• 1M: -0.91%
• 6M: 4.30%
• YTD: 3.47%
• 1Y: 12.08%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 20.88%

GUSA

• 1D: 1.33%
• 1M: 1.46%
• 6M: 9.48%
• YTD: 11.51%
• 1Y: 22.62%
• 3Y*: 20.53%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 14.65%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GGUS Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF	$1.03M	$923.70K	$1.66M
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF	$7.47K	$13.81K	$14.67K

GGUS vs. GUSA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
GGUS Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF	3.47%	17.32%	30.88%	4.54%
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF	11.51%	17.51%	24.46%	5.34%

Correlation

The correlation between GGUS and GUSA is 0.93, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.93
Correlation (All Time) Calculated using the full available price history since Nov 30, 2023	0.94

The correlation between GGUS and GUSA has been stable across timeframes, ranging from 0.93 to 0.94 - a consistent structural relationship.

GGUS vs. GUSA - Sectors Allocation Comparison

Sectors	GGUS	GUSA
Technology	51.4%	36.3%
Communication Services	14.5%	9.0%
Industrials	9.0%	9.0%
Consumer Cyclical	8.4%	9.2%
Healthcare	6.6%	9.4%
Financial Services	5.5%	12.1%
Consumer Defensive	1.4%	4.5%
Utilities	1.4%	2.6%
Energy	0.6%	3.5%
Real Estate	0.5%	2.2%
Basic Materials	0.4%	2.1%

Return for Risk

GGUS vs. GUSA — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GGUS

GGUS Risk / Return Rank: 28
GGUS Sharpe Ratio Rank: 29
GGUS Sortino Ratio Rank: 28
GGUS Omega Ratio Rank: 27
GGUS Calmar Ratio Rank: 26
GGUS Martin Ratio Rank: 29

GUSA

GUSA Risk / Return Rank: 70
GUSA Sharpe Ratio Rank: 70
GUSA Sortino Ratio Rank: 68
GUSA Omega Ratio Rank: 68
GUSA Calmar Ratio Rank: 67
GUSA Martin Ratio Rank: 78

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GGUS vs. GUSA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (GGUS) and Goldman Sachs MarketBeta U.S. 1000 Equity ETF (GUSA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

	GGUS	GUSA	Difference
Sharpe ratio: Return per unit of total volatility	0.71	1.74	-1.03
Sortino ratio: Return per unit of downside risk	1.08	2.41	-1.32
Omega ratio: Gain probability vs. loss probability	1.13	1.31	-0.18
Calmar ratio: Return relative to maximum drawdown	0.81	2.52	-1.71
Martin ratio: Return relative to average drawdown	2.53	10.76	-8.23

GGUS vs. GUSA - Sharpe Ratio Comparison

The current GGUS Sharpe Ratio is 0.71, which is lower than the GUSA Sharpe Ratio of 1.74. The chart below compares the historical Sharpe Ratios of GGUS and GUSA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GGUS vs. GUSA - Drawdown Comparison

The maximum GGUS drawdown since its inception was -22.59%, which is greater than GUSA's maximum drawdown of -19.61%. Use the drawdown chart below to compare losses from any high point for GGUS and GUSA.

Drawdown Indicators

	GGUS	GUSA	Difference
Max Drawdown Largest peak-to-trough decline	-22.59%	-19.61%	-2.98%
Max Drawdown (1Y) Largest decline over 1 year	-14.91%	-9.01%	-5.90%
Max Drawdown (3Y) Largest decline over 3 years	—	-19.61%	—
Current Drawdown Current decline from peak	-5.04%	-0.03%	-5.01%
Average Drawdown Average peak-to-trough decline	-3.29%	-4.28%	+0.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.79%	2.11%	+2.68%

Volatility

GGUS vs. GUSA - Volatility Comparison

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (GGUS) has a higher volatility of 6.96% compared to Goldman Sachs MarketBeta U.S. 1000 Equity ETF (GUSA) at 3.78%. This indicates that GGUS's price experiences larger fluctuations and is considered to be riskier than GUSA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GGUS	GUSA	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.96%	3.78%	+3.18%
Volatility (6M) Calculated over the trailing 6-month period	13.96%	10.32%	+3.64%
Volatility (1Y) Calculated over the trailing 1-year period	17.20%	13.10%	+4.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.27%	17.18%	+2.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.27%	17.18%	+2.09%

GGUS vs. GUSA - Expense Ratio Comparison

GGUS has a 0.12% expense ratio, which is higher than GUSA's 0.11% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

GGUS vs. GUSA - Dividend Comparison

GGUS's dividend yield for the trailing twelve months is around 0.42%, less than GUSA's 0.97% yield.

Position	TTM	2025	2024	2023	2022
GGUS Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF	0.42%	0.43%	0.68%	0.00%	0.00%
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF	0.97%	0.99%	1.16%	1.36%	1.00%

Frequently Asked Questions

Can I hold both GGUS and GUSA in my portfolio?

With a correlation of 0.93, GGUS and GUSA move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, GGUS or GUSA?

GGUS has higher volatility (6.96%) compared to GUSA (3.78%). In terms of maximum drawdown, GGUS dropped -22.59% vs GUSA's -19.61%.

Which ETF is better, GGUS or GUSA?

On 1-year performance, GUSA leads with 22.62% vs 12.08% for GGUS. On fees, GUSA is cheaper at 0.11% per year. On volatility, GUSA has been the lower-risk option at 3.78%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GGUS or GUSA?

Over the 1-year period, GUSA has performed better with a 22.62% return vs 12.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GGUS or GUSA?

GUSA is cheaper with a 0.11% expense ratio, compared with 0.12% for GGUS.

Which ETF pays a higher dividend yield, GGUS or GUSA?

GUSA has the higher dividend yield at 0.97%, compared with 0.42% for GGUS.

What is the main difference between GGUS and GUSA?

GGUS is categorized as Large Cap Growth Equities, while GUSA is Large Cap Blend Equities. GGUS tracks Russell 1000 Growth 40 Act Daily Capped Index - Benchmark TR Gross, while GUSA tracks Solactive GBS United States 1000 Index - Benchmark TR Gross. Their fees differ too: 0.12% for GGUS and 0.11% for GUSA.

Which has better risk-adjusted returns?

GUSA currently has the higher Sharpe Ratio (1.74 vs 0.71), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.