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GVLE

GradeCNASDAQ Global Market

Goldman Sachs Value Opportunities ETF

Active Equity · Goldman · Inception 2015-07-31

$48.02−0.24 (−0.49%)

As of Sep 23, 2026, 10:46 AM EDT

History starts Nov 17, 2025.History starts Nov 17, 2025.
Intraday session: down, 7 prints from 48.26 to 48.02. Range 48.02 to 48.20. Use the arrow keys to read each point.$48.05$48.10$48.15$48.2010 AM12 PM2 PM4 PM
Expense ratio
0.45%
Fund size
$46M
1Y return
—
Yield · Last 12 months
Data unavailable
Holdings
30
Volume · 30D
0M sh
NAV per share
$48.44
52W range
low $38.78high $49.77

The ETF.net GVLE Grade

C

50/ 100

Rank 33 of 66 in US Active Value⁠

Confidence Medium

Six-pillar profile for GVLE. Scores out of 100: Cost 62, Risk 61, Mission not scored, Tradability 23, Holdings 36, Durability 65. Strongest: Durability (65). Weakest: Tradability (23). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 50 of 100 sits in the C 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.
    BScore 62
    Category rank26/66 · top 39%

  • 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 61
    Category rank21/62 · top 34%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    FScore 23
    Category rank54/66 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 36
    Category rank54/66 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 65
    Category rank23/66 · top 35%

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

Our read on GVLE

ETF.net Research

CA stock-picker's version of value: roughly 20 to 40 companies Goldman's team thinks the market is mispricing, not a rules-based screen of hundreds of names. The strategy ran as a mutual fund from 2015 before converting into this ETF in 2025.

Stated mandate

The Fund seeks long-term capital appreciation. It pursues that objective by investing in companies GSAM considers value opportunities.

Why people hold it

  1. 01Concentrated on purpose. The prospectus targets roughly 20 to 40 holdings, so individual research calls actually move the portfolio instead of getting diluted.sec.gov
  2. 02Charges 0.45%, under the median for actively managed US value funds, though systematic rivals like AVLV (0.15%) and WTV (0.12%) come in cheaper.
  3. 03Wider hunting ground than the name suggests: any market cap, plus up to 20% of assets in foreign stocks, including emerging markets.sec.gov
  4. 04Not a brand-new idea in a new wrapper. It arrived via a 2025 mutual fund conversion and carries the predecessor fund's history back to 2015.am.gs.com

Worth knowing

  1. 01Small asset base and light trading volume, so spreads can run wider than in the category's household-name value funds.
  2. 02Non-diversified. A stumble at one large holding lands harder here than in a broad value index fund holding hundreds of stocks.sec.gov
  3. 03Distributions come once or twice a year, not quarterly or monthly, so it isn't structured as a steady income stream.

GVLE Holdings

As of Sep 20, 2026, 6:05 AM
Asset class
Stocks
Holdings
30
Top-10 weight
51%
Largest holding
AMZN9.0%

Geography

  • United States95.86%
  • Ireland4.14%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001AMZNAMAZON.COM INC8.96%16,169$4M720
002MSFTMICROSOFT CORPORATION8.91%8,118$4M792
003MRKMERCK & CO., INC.4.82%14,840$2M506
004JPMJPMORGAN CHASE & CO4.56%5,920$2M478
005TMOTHERMO FISHER SCIENTIFIC INC4.12%2,841$2M369
006COPCONOCOPHILLIPS4.12%14,014$2M425
0070Y3K.LEATON CORP PLC4.05%4,486$2M125
008BRK-BBERKSHIRE HATHAWAY INC.4.01%3,575$2M359
009MSMORGAN STANLEY3.56%7,934$2M423
010WMTWALMART INC3.44%14,624$2M462
011PGTHE PROCTER & GAMBLE COMPANY3.33%10,228$2M433
012JNJJOHNSON & JOHNSON3.10%5,194$1M521
013BACBANK OF AMERICA CORP2.93%22,830$1M440
014NEENEXTERA ENERGY, INC.2.93%16,332$1M407
015SBUXSTARBUCKS CORP.2.67%12,525$1M353

Showing 1–15 of 31 holdings

GVLE Performance

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

GVLE$11,834
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. GVLE $11,834. SPY $11,430. Use the arrow keys to read each point.$9,061$10,745$12,429Dec 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 GVLE. Periods over one year show the average yearly return.
PeriodGVLE
Year to date+18.3%
1 month−1.1%
3 months+2.4%
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 GVLE
YearReturn barGVLE
2026 YTD+18.3%
2025+4.3%

History from Nov 17, 2025

GVLE in the news

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

GVLE Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.47 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 23, 2025 $0.47. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 23, 2025Dec 30, 2025$0.47

GVLE 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.
0.81
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.

GVLE Cost

Expense ratio0.45%
  • The middle half of US Active Value funds
  • Median 0.55%

24 of the 66 US Active Value funds charge less.

GVLE costs $45.00 a year on $10,000. The median US Active Value fund costs $55.00.