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AAEQ vs GUSA

Alpha Architect US Equity 2 ETF

AAEQBNasdaq

Goldman Sachs MarketBeta US 1000 Equity ETF

GUSABNYSE Arca

Overlap

Expense ratio

AAEQ −0.01pt a year

AAEQ0.09%GUSA0.10%

Avg volume · 30D

AAEQ 3.5×the volume

AAEQ1.23KGUSA354

AAEQ vs GUSA Performance

Dec 31, 2025 – Oct 30, 2026

+9.5%AAEQ+11.3%GUSA

Dec 31, 2025 to Oct 30, 2026. AAEQ +9.5%. GUSA +11.3%. Use the arrow keys to read each point.−5%0%5%15%Dec 2025Jun 2026Oct 2026
Expense ratio
AAEQ 0.09%, better
GUSA 0.10%
Fund size
AAEQ $501M
GUSA $2.43B
1Y total return
AAEQ No data
GUSA +11.4%
Yield (12M)
AAEQ No data
GUSA 0.99%
Holdings
AAEQ 380
GUSA 1007
Avg volume (30D)
AAEQ 1.23K sh, better
GUSA 354 sh
NAV per share
AAEQ $54.01
GUSA $66.44
52W range

ETF.net Grade

AAEQ: Cost 59, Risk 51, Mission 98, Tradability 47, Holdings 43, Durability 32. GUSA: Cost 59, Risk 57, Mission 100, Tradability 32, Holdings 69, Durability 72.
Pillar letters and Scores for AAEQ, GUSA, with each pillar’s weight
PillarAAEQGUSA
Cost30% weightB59B59
Mission25% weightA98A100Higher
Risk15% weightC51B57Higher
Tradability15% weightC47HigherD32
Holdings10% weightC43B69Higher
Durability5% weightD32A72Higher

Rank among US Stocks funds

Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. AAEQ and GUSA are both graded against the same 7 US Stocks funds, so their Grades compare head to head.

US Stocks⁠

Category · 7 funds
See all 7 ›

GUSA ranks 2nd and AAEQ 3rd of 7 funds in the US Stocks Category.

  1. Rank 1AGSUSGoldman Sachs MarketBeta U.S. Equity ETFScore 80
  2. Rank 2BGUSAGoldman Sachs MarketBeta US 1000 Equity ETFScore 66
  3. Rank 3BAAEQAlpha Architect US Equity 2 ETFScore 62
  4. Rank 4BAAUAAlpha Architect US Equity 3 ETFScore 54

Our read on each fund

ETF.net Research

AAEQBAlpha Architect US Equity 2 ETF

GUSABGoldman Sachs MarketBeta US 1000 Equity ETF

In short

AAEQ Plain US beta with a size floor: market-cap-weighted exposure to American stocks worth at least $1 billion, for 0.09% a year. It launched in December 2025, so the strategy is old-fashioned but the fund itself is brand new.

GUSA Goldman's core beta, priced like plumbing: about 1,000 US stocks for 0.10% a year. It reaches past the famous 500 into mid caps and hugs its Solactive benchmark tightly. The trade-off is thin trading.

Stated mandate

AAEQ The Fund seeks long-term capital appreciation through broadly diversified exposure to the U.S. stock market, using market-cap-weighted exposure to U.S. stocks with market capitalization of at least $1 billion.

GUSA The Fund seeks to track, before fees and expenses, the performance of the Solactive GBS United States 1000 Index. It generally invests at least 80% of assets in securities included in that index or related depositary receipts.

Why people hold it

  • AAEQ 0.09% a year, under half what the typical fund in its peer group charges.
  • Boring by design: market-cap weighting, no stock picking, and a $1 billion size floor that screens out the market's smallest names.alphaarchitect.com
  • The stated mandate is broad diversification across the US market, not a concentrated wager on a handful of names or one sector.alphaarchitect.com
  • GUSA 0.10% a year, half the typical fee in its peer group. Cheap beta is Goldman's whole pitch with the MarketBeta line, and the price tag backs it up.gsam.com
  • About 1,000 names, roughly twice the reach of a 500-stock benchmark, so mid caps ride along in one ticket instead of being a second purchase.
  • Boring by design and good at it: the fund tracks the Solactive GBS United States 1000 Index closely, with at least 80% of assets in index securities per the prospectus.gsam.com
  • A billion-dollar-plus fund from a major issuer, paying distributions quarterly. One of the stronger builds among broad US equity peers.

Worth knowing

  • AAEQ Trading is thin, so spreads can run wider than at the category's household names. How you place the order matters more here.
  • It opened in December 2025, so there is little live history on how closely it tracks or how it handles a real drawdown.
  • Cheap, but not the cheapest shelf in the aisle: ILCB covers broad US equity at 0.03%.
  • GUSA Thinly traded for its size. Spreads can widen, so your fill price, not the index, does the damage on sloppy market orders.
  • Not the cheapest seat in the room: peer ILCB charges 0.03%. GUSA's edge is breadth, not the lowest fee.
  • Launched in 2022, with a Solactive benchmark rather than a household index name, so the track record and the apples-to-apples comparisons take extra work.

Full AAEQ profile⁠

Full GUSA profile⁠

AAEQ vs GUSA Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

AAEQ vs GUSA Cost

Overpaying GUSA vs AAEQ

$208

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • AAEQ 0.09%

    $1,898

  • GUSA 0.10%

    $2,106

$10,000
30 years

Cost over time

  • AAEQ 0.09%
  • GUSA 0.10%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$500$1K$1.5K$2K$2.5K051015202530GUSA $2,106AAEQ $1,898

Year by year

YearAAEQGUSAOverpaying
10$165$183$18
20$646$717$71
30$1,898$2,106$208

Expense ratio

  • 0.09%AAEQ, cheaper
  • 0.10%GUSA
  • Middle half of US Stocks funds
  • Median 0.10%

AAEQ 2nd cheapest of 7 funds

GUSA 4th cheapest of 7 funds

AAEQ vs GUSA Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
AAEQ No data
GUSA 0.99%
Payout (12M)
AAEQ No data
GUSA $0.64
Last payment
AAEQ $0.05
GUSA $0.16
Ex-dividend
AAEQ Dec 30, 2025
GUSA Sep 24, 2026
Paid on
AAEQ Dec 31, 2025
GUSA Sep 30, 2026
Frequency
AAEQ Irregular
GUSA Quarterly

Distribution history

Per share, 2022 to 2026, same scale for both

AAEQIrregular · 1 paymentAll AAEQ payments⁠
One bar per payment. 1 payment from 2022 to 2026 YTD. Dec 30, 2025 $0.05. Use the arrow keys to read each point.$0$0.2520232026YTD
GUSAQuarterly · 18 paymentsAll GUSA payments⁠
One bar per payment. 18 payments from 2022 to 2026 YTD. Jun 24, 2022 $0.12; Sep 26, 2022 $0.13; Dec 27, 2022 $0.24; Mar 27, 2023 $0.13; Jun 26, 2023 $0.14; Sep 25, 2023 $0.12; Dec 26, 2023 $0.17; Mar 22, 2024 $0.14; Jun 24, 2024 $0.14; Sep 24, 2024 $0.14; Dec 23, 2024 $0.17; Mar 25, 2025 $0.15; Jun 24, 2025 $0.15; Sep 24, 2025 $0.15; Dec 23, 2025 $0.14; Mar 25, 2026 $0.19; Jun 24, 2026 $0.16; Sep 24, 2026 $0.16. Use the arrow keys to read each point.$0$0.2520232026YTD

AAEQ vs GUSA Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AAEQ No dataGUSA 12.6%
Return per unit of riskSharpe ratio, 3 years
AAEQ No dataGUSA 1.38
Worst fallMax drawdown, 5 years
AAEQ No dataGUSA −19.6%since Apr 2022
Market sensitivityBeta, 5 years
AAEQ 0.98GUSA 0.98Same figure. Both funds show the same value, so neither comes out ahead.

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