GUSE vs. TEXN

Last updated Jun 4, 2026

GUSE (Goldman Sachs Enhanced U.S. Equity ETF) and TEXN (iShares Texas Equity ETF) are both Large Cap Blend Equities funds. GUSE is actively managed, while TEXN is passively managed. A 0.50 correlation means they provide meaningful diversification when combined. GUSE charges 0.30%/yr vs 0.20%/yr for TEXN.

Performance

GUSE vs. TEXN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Enhanced U.S. Equity ETF (GUSE) and iShares Texas Equity ETF (TEXN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GUSE achieves a 11.62% return, which is significantly lower than TEXN's 25.94% return.

GUSE

• 1D: -0.72%
• 1M: 5.49%
• YTD: 11.62%
• 6M: 11.59%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TEXN

• 1D: -0.24%
• 1M: 5.35%
• YTD: 25.94%
• 6M: 24.41%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GUSE vs. TEXN - Yearly Performance Comparison

	2026 (YTD)	2025
GUSE Goldman Sachs Enhanced U.S. Equity ETF	11.62%	2.91%
TEXN iShares Texas Equity ETF	25.94%	1.97%

Correlation

The correlation between GUSE and TEXN is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025	0.50

Return for Risk

GUSE vs. TEXN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Enhanced U.S. Equity ETF (GUSE) and iShares Texas Equity ETF (TEXN). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	GUSE	TEXN	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.16	2.75	-0.59

Drawdowns

GUSE vs. TEXN - Drawdown Comparison

The maximum GUSE drawdown since its inception was -8.54%, which is greater than TEXN's maximum drawdown of -6.34%. Use the drawdown chart below to compare losses from any high point for GUSE and TEXN.

Drawdown Indicators

	GUSE	TEXN	Difference
Max Drawdown Largest peak-to-trough decline	-8.54%	-6.34%	-2.20%
Current Drawdown Current decline from peak	-0.72%	-0.24%	-0.48%
Average Drawdown Average peak-to-trough decline	-1.34%	-1.12%	-0.22%

Volatility

Volatility by Period

	GUSE	TEXN	Difference
Volatility (1Y) Calculated over the trailing 1-year period	13.73%	14.19%	-0.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.73%	14.19%	-0.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.73%	14.19%	-0.46%

GUSE vs. TEXN - Expense Ratio Comparison

GUSE has a 0.30% expense ratio, which is higher than TEXN's 0.20% expense ratio.

Dividends

GUSE vs. TEXN - Dividend Comparison

GUSE's dividend yield for the trailing twelve months is around 0.65%, less than TEXN's 1.01% yield.

Position	TTM	2025
GUSE Goldman Sachs Enhanced U.S. Equity ETF	0.65%	0.73%
TEXN iShares Texas Equity ETF	1.01%	0.86%

Frequently Asked Questions

Can I hold both GUSE and TEXN in my portfolio?

GUSE and TEXN have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GUSE or TEXN?

On fees, TEXN is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GUSE or TEXN?

TEXN is cheaper with a 0.20% expense ratio, compared with 0.30% for GUSE.

Which ETF pays a higher dividend yield, GUSE or TEXN?

TEXN has the higher dividend yield at 1.01%, compared with 0.65% for GUSE.

What is the main difference between GUSE and TEXN?

They also come from different issuers: Goldman Sachs and iShares. Their fees differ too: 0.30% for GUSE and 0.20% for TEXN.