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GSGO

GradeBNASDAQ Global Market

Goldman Sachs Growth Opportunities ETF

Active Equity · Goldman · Inception 1999-05-24 · SEC filings

$45.60−0.43 (−0.93%)

As of Sep 23, 2026, 2:17 PM EDT

History starts Nov 17, 2025.History starts Nov 17, 2025.
Intraday session: down, 26 prints from 46.03 to 45.60. Range 45.45 to 46.00. Use the arrow keys to read each point.$45.40$45.80$46.0010 AM12 PM2 PM4 PM
Expense ratio
0.45%
Fund size
$185M
1Y return
—
Yield · Last 12 months
—
Holdings
53
Volume · 30D
0M sh
NAV per share
$45.90
52W range
low $35.01high $46.84

The ETF.net GSGO Grade

B

61/ 100

Rank 22 of 90 in US Active Growth⁠

Confidence Medium

Six-pillar profile for GSGO. Scores out of 100: Cost 72, Risk 67, Mission not scored, Tradability 28, Holdings 66, Durability 75. Strongest: Durability (75). Weakest: Tradability (28). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 61 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 72
    Category rank26/90 · top 29%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 67
    Category rank20/79 · top 25%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 28
    Category rank70/90 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 66
    Category rank33/89 · top 37%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 75
    Category rank19/90 · top 21%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on GSGO

ETF.net Research

BA 1999-vintage Goldman stock-picking strategy that shed its mutual fund skin in late 2025 and relisted as a cheaper ETF. Concentrated bets on companies its managers judge to have durable franchises and above-average growth ahead.

Stated mandate

The fund seeks long-term capital growth by investing in companies that its adviser believes are positioned for above-average long-term growth.

Why people hold it

  1. 010.45% for genuine active management, below the 0.54% typical of its peer group, and Goldman lowered the fee when the fund converted into an ETF.am.gs.com
  2. 02The strategy dates back to 1999, so the managers were running this book long before it moved into an ETF wrapper in December 2025.am.gs.com
  3. 03A stock picker's mandate, not a benchmark hug: Goldman selects on business franchise strength, long-term prospects and management quality, aiming at above-average long-term growth.am.gs.com
  4. 04Sits in the upper tier of a crowded active US growth cohort on our review, with the portfolio itself and the fund's staying power its firmest ground.

Worth knowing

  1. 01Young in ETF form, small, and thinly traded, so spreads can run wider than on a mega-fund and sizeable orders deserve care.
  2. 02Growth mandate, no income job: it has not been making payouts, so shareholder return rides entirely on share price.
  3. 03Cheaper ways to buy the same large-cap growth job exist in the cohort, notably JUSA at 0.12% and FELG at 0.18%, both enhanced-index builds.

GSGO Holdings

As of Sep 20, 2026, 6:05 AM
Asset class
Stocks
Holdings
53
Top-10 weight
52%
Largest holding
NVDA12.3%

Geography

  • United States94.87%
  • United Kingdom1.79%
  • Ireland1.37%
  • Singapore0.83%
  • Netherlands0.67%
  • Sweden0.47%
The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001NVDANVIDIA CORPORATION12.27%100,048$22M828
002GOOGLALPHABET INC.9.22%47,481$16M704
003MSFTMICROSOFT CORPORATION7.14%25,657$13M792
004METAMETA PLATFORMS INC-CLASS A4.24%11,119$8M683
005AMDADVANCED MICRO DEVICES INC.4.07%13,342$7M618
006MUMICRON TECHNOLOGY, INC.3.89%7,116$7M655
007GOOGALPHABET INC.3.34%17,360$6M471
008AVGOBROADCOM INC.2.62%13,510$5M732
009LLYELI LILLY & CO2.60%4,029$5M569
010MAMASTERCARD INCORPORATED2.57%8,138$5M512
011PANWPALO ALTO NETWORKS INC.2.36%11,277$4M486
012MRVLMARVELL TECHNOLOGY, INC.2.34%17,382$4M458
013AAPLAPPLE INC.2.23%11,858$4M707
014—US DOLLAR2.20%0$4M231
015KLACKLA CORP1.99%21,081$4M506

Showing 1–15 of 54 holdings

GSGO Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

GSGO$11,461
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,430
Dec 31, 2025 to Sep 22, 2026. GSGO $11,461. SPY $11,430. Use the arrow keys to read each point.$8,530$10,108$11,686Dec 2025May 2026Sep 2026

Dec 31, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for GSGO. Periods over one year show the average yearly return.
PeriodGSGO
Year to date+14.6%
1 month+4.1%
3 months+5.2%
1 yearHistory unavailable—
3 yearsHistory unavailable—per year
5 yearsHistory unavailable—per year
10 yearsHistory unavailable—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for GSGO
YearReturn barGSGO
2026 YTD+14.6%
2025+1.4%

History from Nov 17, 2025

GSGO in the news

ETF.net Research hasn’t filed on GSGO yet — coverage lands here as it’s written.

GSGO Dividends

This fund pays no distributions.
—Last 12 months
Payout per share
—Last 12 months

No distributions in the last 12 months.

GSGO Risk

How much the fund’s monthly returns vary, scaled to a year.
—
No data available
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
No data available
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
No data available
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.30
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

GSGO Cost

Expense ratio0.45%
  • The middle half of US Active Growth funds
  • Median 0.56%

24 of the 89 US Active Growth funds charge less.

GSGO costs $45.00 a year on $10,000. The median US Active Growth fund costs $56.00.