AAUA vs GUSA: Grades, Fees and Holdings Compared

Alpha Architect US Equity 3 ETF

AAUABCboe

Goldman Sachs MarketBeta US 1000 Equity ETF

GUSABNYSE Arca

Overlap

80.0%by weight

Expense ratio

AAUA −0.01pt a year

AAUA0.09%GUSA0.10%

Avg volume · 30D

AAUA 12.2×the volume

AAUA4.32KGUSA354

AAUA vs GUSA Performance

Jul 31, 2026 – Oct 30, 2026

+1.1%AAUA+1.1%GUSA

Expense ratio: AAUA 0.09%, better; GUSA 0.10%
Fund size: AAUA $357M; GUSA $2.43B
1Y total return: AAUA No data; GUSA +11.4%
Yield (12M): AAUA No data; GUSA 0.99%
Holdings: AAUA 380; GUSA 1007
Avg volume (30D): AAUA 4.32K sh, better; GUSA 354 sh
NAV per share: AAUA $57.83; GUSA $66.44
52W range

ETF.net Grade

Pillar letters and Scores for AAUA, GUSA, with each pillar’s weight
Pillar	AAUA	GUSA
Cost30% weight	B59	B59
Mission25% weight	Not scored	A100
Risk15% weight	A77Higher	B57
Tradability15% weight	C40Higher	D32
Holdings10% weight	C44	B69Higher
Durability5% weight	F24	A72Higher

Rank among US Stocks funds

How we build Categories ›

Same Category. AAUA 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 AAUA 4th of 7 funds in the US Stocks Category.

Rank 1AGSUSGoldman Sachs MarketBeta U.S. Equity ETFScore 80
Rank 2BGUSAGoldman Sachs MarketBeta US 1000 Equity ETFScore 66
Rank 3BAAEQAlpha Architect US Equity 2 ETFScore 62
Rank 4BAAUAAlpha Architect US Equity 3 ETFScore 54
Rank 5CSTXKStrive Small-Cap ETFScore 50

Our read on each fund

ETF.net Research

AAUABAlpha Architect US Equity 3 ETF

GUSABGoldman Sachs MarketBeta US 1000 Equity ETF

In short

AAUA No data

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

AAUA No data

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

AAUA No data

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

AAUA No data

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 AAUA profile⁠

Full GUSA profile⁠

AAUA vs GUSA Holdings

How AAUA and GUSA differ

Overlap by weight

80.0%

Shared holdings make up 88.3% of AAUA and 85.9% of GUSA.

Level by level

Holdings361 in both80.0%
Sector11 Sectors95.9%
Asset classEquity100%
Countryby domicile99.7%

Sector

Sector weights in AAUA and GUSA, widest gap first
Sector	More in AAUAMore in GUSA	AAUA	GUSA
Technology	AAUA +3.2 points	40.8%	37.6%
Health Care	GUSA +0.9 points	9.2%	10.1%
Communication	AAUA +0.9 points	9.6%	8.7%
Consumer Discretionary	GUSA +0.8 points	8.4%	9.2%
Materials	GUSA +0.5 points	1.7%	2.2%
Consumer Staples	GUSA +0.5 points	4.1%	4.6%
Real Estate	GUSA +0.3 points	1.7%	2.0%
Energy	GUSA +0.3 points	3.7%	4.0%
Industrials	GUSA +0.3 points	7.8%	8.1%
Utilities	GUSA +0.3 points	1.7%	2.0%
Financials	GUSA +0.2 points	11.3%	11.5%

Country, concentration and asset class

Country by domicile

Country weights in AAUA and GUSA, widest gap first
Country	More in AAUAMore in GUSA	AAUA	GUSA
United States	AAUA +0.2 points	99.5%	99.3%
Switzerland	AAUA +0.1 points	0.4%	0.3%
Brazil	GUSA +0.1 points	0.0%	0.1%
China	GUSA +0.1 points	0.0%	0.1%
United Kingdom	GUSA +0.1 points	0.0%	0.1%
Mexico	Same weight	0.1%	0.1%
Ireland	Same weight	0.0%	0.0%
Sweden	Same weight	0.0%	0.0%
Other countries (2)	Same weight	0.0%	0.0%

Concentration

Weight in the 10 largest Holdings

AAUA40.4%
GUSA34.6%

Securities held

AAUA379
GUSA1,005

Asset class

AAUA: Equity
GUSA: Equity

Holdings

Only in AAUA18
In both361
Only in GUSA644

Only in AAUA

18 securities, 11.6% of AAUA by weight

State Street SPDR Portfolio S&P 500 ETF4.82%
iShares Core S&P 500 ETF4.81%
Linde PLC0.28%
Chubb Ltd0.26%
Eaton Corp PLC0.19%
Accenture PLC0.18%
MiniMed Group Inc0.17%
Johnson Controls International plc0.16%
SLB Ltd0.14%
Medtronic PLC0.11%
First American Government Obligations Fund 12/01/20310.11%
NXP Semiconductors NV0.10%
Royal Caribbean Cruises Ltd0.08%
LyondellBasell Industries NV0.07%
Honeywell Aerospace Inc0.06%
Invesco Ltd0.05%
Smurfit Westrock PLC0.03%
Everest Group Ltd0.02%

Only in GUSA

644 securities, 13.9% of GUSA by weight

Linde PLC0.33%
Abbott Laboratories0.25%
Eaton Corp PLC0.21%
Accenture PLC0.21%
Chubb Limited0.18%
Medtronic Public Limited Company0.17%
Lowes Companies Inc0.16%
Cvs Health Corp0.16%
Snowflake Inc.0.16%
Cloudflare, Inc.0.14%
Johnson Controls International Public Limited Comp0.14%
Space Exploration Technologies Corp.0.13%
Eog Resources Inc0.12%
Mercadolibre, Inc.0.11%
Royal Caribbean Group0.11%
Slb Ltd0.11%
Colgate-Palmolive Co0.10%
Nxp Semiconductors N.v.0.09%
Cheniere Energy, Inc.0.09%
Kkr & Co. Inc.0.09%
Transdigm Group Incorporated0.09%
Boston Scientific Corp.0.09%
Aon Public Limited Company0.09%
Crh Public Limited Company0.09%
Natera, Inc.0.08%
L3HARRIS Technologies Inc0.07%
Autodesk, Inc.0.07%
Autozone, Inc.0.07%
Republic Services Inc0.07%
Strategy Inc0.07%
Roper Technologies Inc0.06%
Nike Class-B0.06%
Idexx Laboratories0.06%
Ferguson Enterprises Inc0.06%
American Intl Group, Inc.0.06%
Anglogold Ashanti Limited0.06%
Astera Labs, Inc.0.05%
Crown Castle Intl Corp0.05%
Cbre Group, Inc.0.05%
Wec Energy Group, Inc.0.05%
Kroger Company0.05%
Okta, Inc.0.05%
Public-Svc Enterprise Group0.05%
Kimberly-Clark Corporation0.05%
Vulcan Materials Co0.05%
Resmed Inc.0.05%
Revolution Medicines Inc0.05%
Carnival Corporation0.05%
Ge Healthcare Technologies Inc.0.05%
Paychex, Inc.0.05%

Weight gaps

The 100 widest of 361 Holdings in both funds.

Holding weights in AAUA and GUSA, widest gap first
Holding	More in AAUAMore in GUSA	AAUA	GUSA
Berkshire Hathaway IncBRK.B	AAUA +0.24 points	1.30%	1.06%
Tesla IncTSLA	GUSA +0.20 points	1.53%	1.73%
Alphabet IncGOOG	GUSA +0.17 points	1.85%	2.02%
Blackrock IncBLK	GUSA +0.16 points	0.09%	0.25%
State Street CorpSTT	AAUA +0.14 points	0.21%	0.07%
Apple IncAAPL	GUSA +0.14 points	6.87%	7.01%
Bank of New York Mellon Corp/TheBNY	AAUA +0.15 points	0.29%	0.14%
Travelers Cos Inc/TheTRV	AAUA +0.12 points	0.24%	0.12%
Costco Wholesale CorpCOST	GUSA +0.12 points	0.50%	0.62%
Coca-Cola Co/TheKO	AAUA +0.12 points	0.63%	0.51%
Ross Stores IncROST	AAUA +0.12 points	0.22%	0.10%
Consolidated Edison IncED	AAUA +0.12 points	0.18%	0.06%
General Motors CoGM	AAUA +0.11 points	0.22%	0.11%
Welltower IncWELL	AAUA +0.11 points	0.34%	0.23%
Home Depot Inc/TheHD	GUSA +0.11 points	0.35%	0.46%
Stryker CorpSYK	GUSA +0.11 points	0.04%	0.15%
FedEx CorpFDX	AAUA +0.10 points	0.20%	0.10%
Broadcom IncAVGO	GUSA +0.10 points	2.16%	2.26%
CSX CorpCSX	AAUA +0.10 points	0.24%	0.14%
US BancorpUSB	AAUA +0.10 points	0.23%	0.13%
PNC Financial Services Group Inc/ThePNC	AAUA +0.10 points	0.23%	0.13%
McDonald's CorpMCD	GUSA +0.10 points	0.16%	0.26%
Ventas IncVTR	AAUA +0.09 points	0.15%	0.06%
Target CorpTGT	AAUA +0.09 points	0.19%	0.10%
Northrop Grumman CorpNOC	GUSA +0.09 points	0.02%	0.11%
Northern Trust CorpNTRS	AAUA +0.10 points	0.14%	0.04%
PepsiCo IncPEP	GUSA +0.10 points	0.16%	0.26%
Nucor CorpNUE	AAUA +0.09 points	0.18%	0.09%
American Express CoAXP	GUSA +0.09 points	0.15%	0.24%
Marsh & McLennan Cos IncMRSH	GUSA +0.09 points	0.04%	0.13%
Johnson & JohnsonJNJ	AAUA +0.09 points	1.02%	0.93%
Verizon Communications IncVZ	AAUA +0.08 points	0.34%	0.26%
Eli Lilly & CoLLY	GUSA +0.09 points	1.54%	1.63%
Targa Resources CorpTRGP	AAUA +0.09 points	0.18%	0.09%
Blackstone IncBX	GUSA +0.09 points	0.04%	0.13%
M&T Bank CorpMTB	AAUA +0.08 points	0.13%	0.05%
Capital One Financial CorpCOF	GUSA +0.08 points	0.10%	0.18%
Kinder Morgan IncKMI	GUSA +0.08 points	0.01%	0.09%
Microsoft CorpMSFT	GUSA +0.08 points	5.38%	5.46%
Expeditors International of Washington IncEXPD	AAUA +0.07 points	0.11%	0.04%
Westinghouse Air Brake Technologies CorpWAB	AAUA +0.08 points	0.15%	0.07%
Intuitive Surgical IncISRG	GUSA +0.07 points	0.15%	0.22%
Merck & Co IncMRK	AAUA +0.07 points	0.58%	0.51%
AMETEK IncAME	AAUA +0.08 points	0.16%	0.08%
Chevron CorpCVX	AAUA +0.07 points	0.68%	0.61%
Advanced Micro Devices IncAMD	GUSA +0.08 points	1.21%	1.29%
Archer-Daniels-Midland CoADM	AAUA +0.08 points	0.13%	0.05%
Cardinal Health IncCAH	AAUA +0.08 points	0.16%	0.08%
Arthur J Gallagher & CoAJG	GUSA +0.08 points	0.02%	0.10%
Uber Technologies IncUBER	GUSA +0.07 points	0.11%	0.18%
Southern Co/TheSO	GUSA +0.07 points	0.08%	0.15%
Netflix IncNFLX	GUSA +0.07 points	0.30%	0.37%
Dominion Energy IncD	AAUA +0.07 points	0.15%	0.08%
Citizens Financial Group IncCFG	AAUA +0.07 points	0.11%	0.04%
Bristol-Myers Squibb CoBMY	AAUA +0.07 points	0.25%	0.18%
Quest Diagnostics IncDGX	AAUA +0.07 points	0.11%	0.04%
Hilton Worldwide Holdings IncHLT	AAUA +0.07 points	0.18%	0.11%
Monster Beverage CorpMNST	AAUA +0.07 points	0.16%	0.09%
WW Grainger IncGWW	AAUA +0.07 points	0.15%	0.08%
Intel CorpINTC	GUSA +0.06 points	0.49%	0.55%
Deere & CoDE	AAUA +0.07 points	0.30%	0.23%
Regeneron Pharmaceuticals IncREGN	AAUA +0.07 points	0.18%	0.11%
Ecolab IncECL	GUSA +0.07 points	0.04%	0.11%
American Electric Power Co IncAEP	AAUA +0.07 points	0.17%	0.10%
TJX Cos Inc/TheTJX	GUSA +0.07 points	0.15%	0.22%
JPMorgan Chase & Co.JPM	GUSA +0.06 points	1.23%	1.29%
UnitedHealth Group IncUNH	GUSA +0.06 points	0.46%	0.52%
Marriott International Inc/MDMAR	AAUA +0.06 points	0.19%	0.13%
TE Connectivity PLCTEL	GUSA +0.06 points	0.03%	0.09%
Steel Dynamics IncSTLD	AAUA +0.06 points	0.11%	0.05%
SempraSRE	GUSA +0.06 points	0.02%	0.08%
Allstate Corp/TheALL	AAUA +0.06 points	0.15%	0.09%
Union Pacific CorpUNP	AAUA +0.06 points	0.31%	0.25%
Viatris IncVTRS	AAUA +0.06 points	0.09%	0.03%
Procter & Gamble Co/ThePG	GUSA +0.07 points	0.46%	0.53%
Sherwin-Williams Co/TheSHW	GUSA +0.07 points	0.04%	0.11%
Ge AerospaceGE	GUSA +0.06 points	0.40%	0.46%
Analog Devices IncADI	AAUA +0.06 points	0.36%	0.30%
Simon Property Group IncSPG	AAUA +0.06 points	0.16%	0.10%
Phillips 66PSX	AAUA +0.06 points	0.21%	0.15%
Williams Cos Inc/TheWMB	GUSA +0.06 points	0.07%	0.13%
Fifth Third BancorpFITB	AAUA +0.06 points	0.13%	0.07%
Moody's CorpMCO	GUSA +0.05 points	0.05%	0.10%
Starbucks CorpSBUX	AAUA +0.05 points	0.22%	0.17%
Principal Financial Group IncPFG	AAUA +0.06 points	0.09%	0.03%
Biogen IncBIIB	AAUA +0.06 points	0.11%	0.05%
Waste Management IncWM	GUSA +0.05 points	0.08%	0.13%
Cadence Design Systems IncCDNS	GUSA +0.05 points	0.08%	0.13%
Intuit IncINTU	GUSA +0.05 points	0.07%	0.12%
KeyCorpKEY	AAUA +0.05 points	0.08%	0.03%
Trane Technologies PLCTT	GUSA +0.05 points	0.08%	0.13%
O'Reilly Automotive IncORLY	GUSA +0.05 points	0.05%	0.10%
Adobe IncADBE	GUSA +0.05 points	0.09%	0.14%
Evergy IncEVRG	AAUA +0.05 points	0.08%	0.03%
Cigna Group/TheCI	GUSA +0.05 points	0.06%	0.11%
Valero Energy CorpVLO	AAUA +0.05 points	0.21%	0.16%
Morgan StanleyMS	AAUA +0.05 points	0.37%	0.32%
Entergy CorpETR	AAUA +0.05 points	0.12%	0.07%
PACCAR IncPCAR	AAUA +0.05 points	0.12%	0.07%
DuPont de Nemours IncDD	AAUA +0.05 points	0.08%	0.03%

All AAUA holdings⁠All 1,006 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.

AAUA vs GUSA Cost

Overpaying GUSA vs AAUA

$208

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

AAUA 0.09%
$1,898
GUSA 0.10%
$2,106

Amount$10,000

Years30 years

Cost over time

AAUA 0.09%
GUSA 0.10%
Overpaying

Year by year

Year	AAUA	GUSA	Overpaying
10	$165	$183	$18
20	$646	$717	$71
30	$1,898	$2,106	$208

Expense ratio

0.09%AAUA, cheaper
0.10%GUSA

AAUA0.09%GUSA0.10%

0.07%0.30%

Middle half of US Stocks funds
Median 0.10%

AAUA 2nd cheapest of 7 funds

GUSA 4th cheapest of 7 funds

AAUA vs GUSA Dividends

Last 12 months to Oct 30, 2026

Yield (12M): AAUA No data; GUSA 0.99%
Payout (12M): AAUA None; GUSA $0.64
Last payment: AAUA No data; GUSA $0.16
Ex-dividend: AAUA No data; GUSA Sep 24, 2026
Paid on: AAUA No data; GUSA Sep 30, 2026
Frequency: AAUA No data; GUSA Quarterly

Distribution history

Per share, 2022 to 2026, same scale for both

AAUAAll AAUA payments⁠

No distribution history available.

GUSAQuarterly · 18 paymentsAll GUSA payments⁠

AAUA vs GUSA Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: AAUA No dataGUSA 12.6%
Return per unit of riskSharpe ratio, 3 years: AAUA No dataGUSA 1.38
Worst fallMax drawdown, 5 years: AAUA No dataGUSA −19.6%since Apr 2022
Market sensitivityBeta, 5 years: AAUA 1.03GUSA 0.98; Market = 1

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