GVUS vs. GSEW

Last updated Jun 24, 2026

GVUS (Goldman Sachs MarketBeta Russell 1000 Value Equity ETF) and GSEW (Goldman Sachs Equal Weight U.S. Large Cap Equity ETF) are both exchange-traded funds - GVUS is a Large Cap Value Equities fund tracking the Russell 1000 Value 40 Act Daily Capped Index - Benchmark TR Gross, while GSEW is a Large Cap Blend Equities fund tracking the Solactive US Large Cap Equal Weight Index. Both are passively managed. Over the past year, GVUS returned 28.38% vs 17.60% for GSEW. Their correlation of 0.93 suggests significant overlap in exposure. GVUS charges 0.12%/yr vs 0.09%/yr for GSEW.

Performance

GVUS vs. GSEW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) and Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GVUS achieves a 15.43% return, which is significantly higher than GSEW's 9.63% return.

GVUS

• 1D: -0.93%
• 1M: 2.38%
• YTD: 15.43%
• 6M: 14.79%
• 1Y: 28.38%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GSEW

• 1D: -0.60%
• 1M: 1.10%
• YTD: 9.63%
• 6M: 8.43%
• 1Y: 17.60%
• 3Y*: 17.07%
• 5Y*: 8.48%
• 10Y*: —

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

GVUS vs. GSEW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
GVUS Goldman Sachs MarketBeta Russell 1000 Value Equity ETF	15.43%	15.90%	14.08%	5.51%
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF	9.63%	11.97%	16.89%	7.56%

Correlation

The correlation between GVUS and GSEW is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (All Time) Calculated using the full available price history since Nov 30, 2023	0.93

The correlation between GVUS and GSEW has been stable across timeframes, ranging from 0.92 to 0.93 - a consistent structural relationship.

GVUS vs. GSEW - Sectors Allocation Comparison

Sectors	GVUS	GSEW
Technology	18.7%	21.5%
Financial Services	18.4%	14.1%
Industrials	12.6%	15.5%
Healthcare	10.6%	11.3%
Communication Services	8.1%	4.0%
Consumer Cyclical	7.2%	9.4%
Consumer Defensive	6.7%	5.5%
Energy	6.3%	4.6%
Utilities	4.0%	5.6%
Real Estate	3.9%	4.2%
Basic Materials	3.6%	4.4%

Return for Risk

GVUS vs. GSEW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GVUS

GVUS Risk / Return Rank: 86
GVUS Sharpe Ratio Rank: 86
GVUS Sortino Ratio Rank: 88
GVUS Omega Ratio Rank: 84
GVUS Calmar Ratio Rank: 85
GVUS Martin Ratio Rank: 88

GSEW

GSEW Risk / Return Rank: 45
GSEW Sharpe Ratio Rank: 42
GSEW Sortino Ratio Rank: 42
GSEW Omega Ratio Rank: 39
GSEW Calmar Ratio Rank: 48
GSEW Martin Ratio Rank: 52

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GVUS vs. GSEW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) and Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW). 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.

	GVUS	GSEW	Difference
Sharpe ratio: Return per unit of total volatility	2.54	1.42	+1.12
Sortino ratio: Return per unit of downside risk	3.57	2.04	+1.53
Omega ratio: Gain probability vs. loss probability	1.46	1.25	+0.21
Calmar ratio: Return relative to maximum drawdown	4.27	2.29	+1.98
Martin ratio: Return relative to average drawdown	17.63	8.68	+8.94

GVUS vs. GSEW - Sharpe Ratio Comparison

The current GVUS Sharpe Ratio is 2.54, which is higher than the GSEW Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of GVUS and GSEW, 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

GVUS vs. GSEW - Drawdown Comparison

The maximum GVUS drawdown since its inception was -15.82%, smaller than the maximum GSEW drawdown of -38.65%. Use the drawdown chart below to compare losses from any high point for GVUS and GSEW.

Drawdown Indicators

	GVUS	GSEW	Difference
Max Drawdown Largest peak-to-trough decline	-15.82%	-38.65%	+22.83%
Max Drawdown (1Y) Largest decline over 1 year	-6.68%	-7.72%	+1.04%
Max Drawdown (3Y) Largest decline over 3 years	—	-18.18%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.74%	—
Current Drawdown Current decline from peak	-1.00%	-1.70%	+0.70%
Average Drawdown Average peak-to-trough decline	-1.98%	-5.86%	+3.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.61%	2.03%	-0.42%

Volatility

GVUS vs. GSEW - Volatility Comparison

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) and Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW) have volatilities of 3.89% and 3.95%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GVUS	GSEW	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.89%	3.95%	-0.06%
Volatility (6M) Calculated over the trailing 6-month period	8.65%	9.48%	-0.83%
Volatility (1Y) Calculated over the trailing 1-year period	11.24%	12.45%	-1.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.33%	16.96%	-3.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.33%	19.17%	-5.84%

GVUS vs. GSEW - Expense Ratio Comparison

GVUS has a 0.12% expense ratio, which is higher than GSEW's 0.09% 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

GVUS vs. GSEW - Dividend Comparison

GVUS's dividend yield for the trailing twelve months is around 1.56%, more than GSEW's 1.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF	1.42%	1.52%	1.46%	1.64%	1.74%	1.34%	1.53%	1.66%	1.56%	0.54%
GVUS Goldman Sachs MarketBeta Russell 1000 Value Equity ETF	1.56%	1.77%	2.04%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GVUS and GSEW in my portfolio?

With a correlation of 0.92, GVUS and GSEW 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, GVUS or GSEW?

GSEW has higher volatility (3.95%) compared to GVUS (3.89%). In terms of maximum drawdown, GVUS dropped -15.82% vs GSEW's -38.65%.

Which ETF is better, GVUS or GSEW?

On 1-year performance, GVUS leads with 28.38% vs 17.60% for GSEW. On fees, GSEW is cheaper at 0.09% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GVUS or GSEW?

Over the 1-year period, GVUS has performed better with a 28.38% return vs 17.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GVUS or GSEW?

GSEW is cheaper with a 0.09% expense ratio, compared with 0.12% for GVUS.

Which ETF pays a higher dividend yield, GVUS or GSEW?

GVUS has the higher dividend yield at 1.56%, compared with 1.42% for GSEW.

What is the main difference between GVUS and GSEW?

GVUS is categorized as Large Cap Value Equities, while GSEW is Large Cap Blend Equities. GVUS tracks Russell 1000 Value 40 Act Daily Capped Index - Benchmark TR Gross, while GSEW tracks Solactive US Large Cap Equal Weight Index. Their fees differ too: 0.12% for GVUS and 0.09% for GSEW.

Which has better risk-adjusted returns?

GVUS currently has the higher Sharpe Ratio (2.54 vs 1.42), 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.