Key stats
About Goldman Sachs Equal Weight U.S. Large Cap Equity ETF
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Inception date
Sep 12, 2017
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Goldman Sachs Asset Management LP
Distributor
ALPS Distributors, Inc.
GSEW tracks an index that consists of around 500 US large-cap stocks, weighted equally. The promise of equal weighting is rules-based contrarianism, the fund sells winners and buys losers at each monthly rebalance. Equal weighting also boosts the weight of smaller firms within the large-cap space, resulting in slightly higher risk and return over the long run. On the other hand, the fund`s reduced concentration lowers single-name blow-up risk. Unlike some competitors, the fund doesn`t weight its holdings equally by sector. In addition, GSEW`s monthly rebalancing creates opportunities for slippage, be sure to check the fund`s tracking statistics for a picture of real world holding costs. The Index is reconstituted on a semi-annual basis starting each May.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Technology Services
Electronic Technology
Stocks99.79%
Finance19.83%
Technology Services13.87%
Electronic Technology10.08%
Health Technology8.16%
Utilities5.84%
Producer Manufacturing5.59%
Consumer Non-Durables5.17%
Consumer Services5.16%
Retail Trade5.15%
Process Industries3.21%
Energy Minerals2.82%
Transportation2.63%
Commercial Services2.40%
Industrial Services2.39%
Health Services1.78%
Non-Energy Minerals1.78%
Consumer Durables1.61%
Distribution Services1.56%
Communications0.58%
Miscellaneous0.19%
Bonds, Cash & Other0.21%
Mutual fund0.21%
Stock breakdown by region
North America97.00%
Europe3.00%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history