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DFSV vs GSC

U.S. Small Cap Value Portfolio ETF Class Shares

DFSVANYSE Arca

Goldman Sachs Small Cap Equity ETF

GSCCNYSE Arca

Overlap

Expense ratio

DFSV −0.45pt a year

DFSV0.30%GSC0.75%

Avg volume · 30D

DFSV 48.0×the volume

DFSV944KGSC19.6K

3Y return · a year

DFSV +1.6pt

DFSV+19.9%GSC+18.3%

DFSV vs GSC Performance

Oct 31, 2025 – Oct 30, 2026

+27.6%DFSV+19.0%GSC

Oct 31, 2025 to Oct 30, 2026. DFSV +27.6%. GSC +19.0%. Use the arrow keys to read each point.0%10%Oct 2025Apr 2026Oct 2026
Expense ratio
DFSV 0.30%, better
GSC 0.75%
Fund size
DFSV $27.8B
GSC $303M
1Y total return
DFSV +27.6%, better
GSC +19.0%
Yield (12M)
DFSV 1.38%, better
GSC 0.22%
Holdings
DFSV 1053
GSC 100
Avg volume (30D)
DFSV 944K sh, better
GSC 19.6K sh
NAV per share
DFSV $39.41
GSC $64.41
52W range

ETF.net Grade

DFSV: Cost 91, Risk 59, Mission 62, Tradability 88, Holdings 80, Durability 97. GSC: Cost 23, Risk 44, Mission 89, Tradability 61, Holdings 51, Durability 75.
Pillar letters and Scores for DFSV, GSC, with each pillar’s weight
PillarDFSVGSC
Cost30% weightA91HigherF23
Mission25% weightB62A89Higher
Risk15% weightB59HigherC44
Tradability15% weightA88HigherB61
Holdings10% weightA80HigherC51
Durability5% weightA97HigherA75

Rank among US Active Small-Cap funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. DFSV and GSC are both graded against the same 39 US Active Small-Cap funds, so their Grades compare head to head.

US Active Small-Cap⁠

Category · 39 funds
See all 39 ›

DFSV ranks 3rd and GSC 25th of 39 funds in the US Active Small-Cap Category.

  1. Rank 1AAVSCAvantis U.S. Small Cap Equity ETFScore 88
  2. Rank 2AFESMFidelity Enhanced Small Cap ETFScore 85
  3. Rank 3ADFSVU.S. Small Cap Value Portfolio ETF Class SharesScore 82
  4. Rank 4ADUSGU.S. Small Cap Growth Portfolio: ETF Class SharesScore 75
  5. Rank 25CCSMDCongress SMID Growth ETFScore 41
  6. Rank 25CGSCGoldman Sachs Small Cap Equity ETFScore 41
  7. Rank 27CAFSCabrdn Focused U.S. Small Cap Active ETFScore 40

Our read on each fund

ETF.net Research

DFSVAU.S. Small Cap Value Portfolio ETF Class Shares

GSCCGoldman Sachs Small Cap Equity ETF

In short

DFSV Small-cap value, spread wide: roughly a thousand of the market's cheaper small companies, measured against the Russell 2000 Value Index. A deeper bench than most rivals carry, at a higher price than the plain index funds beside it.

GSC Goldman's fundamental small-cap desk hand-picks about 100 stocks out of the Russell 2000 universe. The index is the yardstick here, not the blueprint.

Stated mandate

DFSV The fund seeks long-term capital appreciation.

GSC The Fund's stated objective is long-term growth of capital.

Why people hold it

  • DFSV Roughly 1,000 holdings spread the small-value bet across the whole opportunity set instead of a handful of names.
  • A multi-billion-dollar fund that trades actively, so getting a position on or off is rarely the hard part.
  • Portfolio construction is the strong suit here: broad, diversified small-cap value exposure, with distributions paid quarterly.
  • The mandate is plainly stated: long-term capital appreciation from US stocks, no side quests.
  • GSC Actively run by Goldman's fundamental US small-cap research team: roughly 100 names chosen from a 2,000-stock universe, not a slice of the whole index.gsam.comsec.gov
  • Mandate discipline. Since its 2023 launch the portfolio has stayed inside its stated brief: small-cap equities, long-term growth of capital.sec.gov
  • The brief allows some non-US and emerging-market holdings alongside US small caps, so a good idea isn't fenced out by where it happens to list.

Worth knowing

  • DFSV At 0.30% a year it costs more than the typical US value ETF (median 0.18%), and VTWV runs against the same Russell 2000 Value benchmark for 0.06%.
  • Small-cap value is a bumpier corner than the large-cap value funds anchoring this group (VTV, SCHV), and the ride shows it.
  • Launched in 2022, so its live record is short next to the value funds it sits beside.
  • GSC Costs 0.75%, net of a waiver through December 29, 2026 (0.80% gross), above the category median. Systematic peers AVSC (0.25%) and FESM (0.28%) ask far less.
  • Shares trade less often than the category's biggest funds, so spreads can widen. Worth checking the quote before sending a market order.
  • About 100 holdings means results can drift well away from the Russell 2000 in either direction. The stock picking is both the point and the risk.

Full DFSV profile⁠

Full GSC profile⁠

DFSV vs GSC 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.

DFSV vs GSC Cost

Overpaying GSC vs DFSV

$8,333

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

  • DFSV 0.30%

    $6,149

  • GSC 0.75%

    $14,482

$10,000
30 years

Cost over time

  • DFSV 0.30%
  • GSC 0.75%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530GSC $14,482DFSV $6,149

Year by year

YearDFSVGSCOverpaying
10$545$1,336$791
20$2,113$5,078$2,965
30$6,149$14,482$8,333

Expense ratio

  • 0.30%DFSV, cheaper
  • 0.75%GSC
  • Middle half of US Active Small-Cap funds
  • Median 0.55%

DFSV 4th cheapest of 39 funds

GSC 29th cheapest of 39 funds

DFSV vs GSC Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
DFSV 1.38%, better
GSC 0.22%
Payout (12M)
DFSV $0.54
GSC $0.14
Last payment
DFSV $0.15
GSC $0.06
Ex-dividend
DFSV Sep 22, 2026
GSC Sep 24, 2026
Paid on
DFSV Sep 24, 2026
GSC Sep 30, 2026
Frequency
DFSV Quarterly
GSC Quarterly

Distribution history

Per share, 2022 to 2026, same scale for both

DFSVQuarterly · 19 paymentsAll DFSV payments⁠
One bar per payment. 19 payments from 2022 to 2026 YTD. Mar 22, 2022 $0.0038; Jun 22, 2022 $0.04; Sep 20, 2022 $0.07; Dec 20, 2022 $0.10; Mar 21, 2023 $0.06; Jun 21, 2023 $0.10; Sep 19, 2023 $0.10; Dec 19, 2023 $0.11; Mar 19, 2024 $0.05; Jun 18, 2024 $0.11; Sep 17, 2024 $0.10; Dec 17, 2024 $0.14; Mar 25, 2025 $0.08; Jun 24, 2025 $0.14; Sep 23, 2025 $0.14; Dec 16, 2025 $0.14; Mar 24, 2026 $0.12; Jun 23, 2026 $0.13; Sep 22, 2026 $0.15. Use the arrow keys to read each point.$0$0.2520232026YTD
GSCQuarterly · 12 paymentsAll GSC payments⁠
One bar per payment. 12 payments from 2022 to 2026 YTD. Dec 28, 2023 $0.0073; Mar 22, 2024 $0.03; Jun 24, 2024 $0.02; Sep 24, 2024 $0.02; Dec 23, 2024 $0.27; Mar 25, 2025 $0.03; Jun 24, 2025 $0.03; Sep 24, 2025 $0.01; Dec 23, 2025 $0.01; Mar 25, 2026 $0.05; Jun 24, 2026 $0.01; Sep 24, 2026 $0.06. Use the arrow keys to read each point.$0$0.2520232026YTD

DFSV vs GSC Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
DFSV 18.4%GSC 18.2%, better
Return per unit of riskSharpe ratio, 3 years
DFSV 0.84, betterGSC 0.77
Worst fallMax drawdown, 5 years
DFSV −28.0%since Feb 2022GSC −26.6%since Oct 2023
Market sensitivityBeta, 5 years
DFSV 1.04GSC 1.08

DFSV and GSC in the news

All news⁠

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