GGUS vs IMCG: Grades, Fees and Holdings Compared

Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF

GGUSBNYSE Arca

iShares Morningstar Mid-Cap Growth ETF

IMCGANYSE Arca

Overlap

12.3%by weight

Expense ratio

IMCG −0.06pt a year

GGUS0.12%IMCG0.06%

Avg volume · 30D

IMCG 4.8×the volume

GGUS27.8KIMCG132K

GGUS vs IMCG Performance

Oct 31, 2025 – Oct 30, 2026

−1.4%GGUS+14.0%IMCG

Expense ratio: GGUS 0.12%; IMCG 0.06%, better
Fund size: GGUS $482M; IMCG $4.04B
1Y total return: GGUS −1.4%; IMCG +14.0%, better
Yield (12M): GGUS 0.42%; IMCG 0.67%, better
Holdings: GGUS 370; IMCG 262
Avg volume (30D): GGUS 27.8K sh; IMCG 132K sh, better
NAV per share: GGUS $65.97; IMCG $93.24
52W range

ETF.net Grade

Pillar letters and Scores for GGUS, IMCG, with each pillar’s weight
Pillar	GGUS	IMCG
Cost30% weight	B59	A78Higher
Mission25% weight	A100Higher	A95
Risk15% weight	C40	A78Higher
Tradability15% weight	D33	B61Higher
Holdings10% weight	C53	A75Higher
Durability5% weight	D26	B66Higher

Rank among US Growth Index funds

How we build Categories ›

Same Category. GGUS and IMCG are both graded against the same 35 US Growth Index funds, so their Grades compare head to head.

US Growth Index⁠

Category · 35 funds

See all 35 ›

IMCG ranks 2nd and GGUS 18th of 35 funds in the US Growth Index Category.

Rank 1ASPYGState Street SPDR Portfolio S&P 500 Growth ETFScore 84
Rank 2AILCGiShares Morningstar Growth ETFScore 78
Rank 2AIMCGiShares Morningstar Mid-Cap Growth ETFScore 78
Rank 2ASCHGSchwab U.S. Large-Cap Growth ETFScore 78
Rank 16BSTXGStrive 1000 Growth ETFScore 61
Rank 18BGGUSGoldman Sachs MarketBeta Russell 1000 Growth Equity ETFScore 60
Rank 19BIWOiShares Russell 2000 Growth ETFScore 59

Our read on each fund

ETF.net Research

GGUSBGoldman Sachs MarketBeta Russell 1000 Growth Equity ETF

IMCGAiShares Morningstar Mid-Cap Growth ETF

In short

GGUS Goldman's plain-vanilla shelf. GGUS tracks the same Russell 1000 Growth index the household names use, charges 0.12%, and undercuts the category's median fee. No stock picking, no Goldman house view, just the growth half of US large caps.

IMCG Growth investing usually means megacaps. IMCG works the middle of the market instead: roughly 300 mid-cap growth names, indexed since 2004, for six basis points a year.

Stated mandate

GGUS The Fund seeks returns that closely track its underlying index before fees and expenses.

IMCG The Fund seeks to track an index of U.S. mid-capitalization equities with growth characteristics. Its strategy uses representative sampling and generally invests at least 80% of assets in securities from the Underlying Index.

Why people hold it

GGUS 0.12% a year: a third less than IWF on the identical Russell 1000 Growth index, and below the 0.18% median for US growth funds.
Its whole job is mirroring the Russell 1000 Growth Index before fees, and it is one of the closest trackers in its peer group.
About 400 large US growth names in one ticker, chosen by the index rather than a Goldman analyst. Distributions come quarterly.

IMCG 0.06% a year, one third of the 0.18% median for its growth-fund peer group. Mid-cap indexing at large-cap-index prices.
The growth leaderboard is stacked with large-cap funds (VUG, SCHG, SPYG, VONG). IMCG covers the middle instead, holding about 300 mid-cap growth names.
Sticks close to the Morningstar mid-cap growth index it follows, one of the tighter tracking jobs in its peer group.
Running since 2004 under the iShares roof, with a multi-billion-dollar asset base behind it.

Worth knowing

GGUS Thinly traded next to the giants of this category, so bid-ask spreads can run wider and larger orders can move the price.
Not the cheapest door to this index: VONG tracks the same Russell 1000 Growth benchmark for 0.06%.
Launched in late 2023, so the record is short, and it owns only the growth side of large caps, with no value holdings as ballast.

IMCG Moderately traded rather than heavily traded, so bid-ask spreads can run wider than the megacap growth ETFs sitting beside it in the category.
This is a size-and-style bet. Mid-cap growth companies tend to move more sharply than the broad market, in both directions.
Distributions land quarterly, but a growth screen is not built around income.

Full GGUS profile⁠

Full IMCG profile⁠

GGUS vs IMCG Holdings

How GGUS and IMCG differ

Overlap by weight

12.3%

Shared holdings make up 59.9% of IMCG and 12.3% of GGUS.

Level by level

Holdings132 in both12.3%
Sector11 Sectors57.3%
Countryby domicile98.2%
Asset classEquity100%

Sector

Sector weights in GGUS and IMCG, widest gap first
Sector	More in GGUSMore in IMCG	GGUS	IMCG
Technology	GGUS +29.3 points	52.6%	23.3%
Industrials	IMCG +14.3 points	8.7%	23.0%
Communication	GGUS +13.4 points	15.6%	2.2%
Financials	IMCG +7.2 points	5.3%	12.5%
Materials	IMCG +6.1 points	0.3%	6.4%
Real Estate	IMCG +3.2 points	0.4%	3.6%
Energy	IMCG +2.9 points	0.6%	3.5%
Utilities	IMCG +2.8 points	0.3%	3.1%
Health Care	IMCG +2.5 points	6.4%	8.9%
Consumer Discretionary	IMCG +2.0 points	8.6%	10.6%
Consumer Staples	IMCG +1.6 points	1.3%	2.9%

Country, concentration and asset class

Country by domicile

Country weights in GGUS and IMCG, widest gap first
Country	More in GGUSMore in IMCG	GGUS	IMCG
United States	GGUS +1.5 points	99.7%	98.2%
China	IMCG +0.6 points	0.0%	0.6%
Other countries (5)	IMCG +1.0 points	0.3%	1.3%

Concentration

Weight in the 10 largest Holdings

GGUS49.4%
IMCG12.4%

Securities held

GGUS369
IMCG259

Asset class

GGUS: Equity
IMCG: Equity

Holdings

Only in GGUS237
In both132
Only in IMCG127

Only in GGUS

237 securities, 87.6% of GGUS by weight

NVIDIA Corporation13.09%
Alphabet Inc.4.47%
Apple Inc.4.46%
Broadcom Inc.4.18%
Microsoft Corporation4.18%
Tesla Inc.4.03%
Eli Lilly & Co3.91%
Micron Technology, Inc.3.77%
Meta Platforms Inc-Class A3.63%
Alphabet Inc.3.63%
Advanced Micro Devices Inc.3.30%
Visa Inc.2.49%
Mastercard Incorporated1.84%
Palantir Technologies Inc.1.56%
Applied Materials Inc1.20%
General Electric Company1.16%
Lam Research Corporation1.14%
Palo Alto Networks Inc.1.10%
Caterpillar Inc (Delaware)1.05%
Texas Instruments Inc.1.02%
Crowdstrike Holdings, Inc.0.94%
Netflix, Inc.0.92%
The Home Depot, Inc.0.87%
Oracle Corporation0.86%
Ge Vernova Llc0.85%
Kla Corp0.78%
Amphenol Corp Cl-A (New)0.72%
Amazon.com Inc0.71%
Sandisk Corporation0.69%
Costco Wholesale Corporation0.69%
Arista Networks, Inc.0.69%
Marvell Technology, Inc.0.68%
Amgen Inc.0.63%
Intuitive Surgical, Inc.0.57%
Western Digital Corporation0.49%
Lockheed Martin Corporation0.47%
Booking Holdings Inc.0.42%
Servicenow Inc0.40%
Mckesson Corporation0.39%
Corning Incorporated0.36%
Trane Technologies Public Limited Company0.34%
Cadence Design Systems Inc0.34%
Quanta Services Inc0.34%
Vertiv Holdings Llc0.34%
Spotify Technology S.a.0.31%
Boeing Company0.30%
Howmet Aerospace Inc.0.29%
Space Exploration Technologies Corp.0.29%
Tjx Companies Inc (New)0.26%
Blackstone Group Inc/The0.25%

Only in IMCG

127 securities, 39.9% of IMCG by weight

Johnson Controls International PLC1.30%
Freeport Mcmoran Inc1.29%
Royal Caribbean Group1.05%
Ecolab1.03%
Oreilly Automotive Inc0.97%
Aon PLC Class A0.92%
Csx0.89%
Ametek Inc0.79%
Emerson Electric0.79%
Baker Hughes Class A0.73%
Edwards Lifesciences0.71%
Westinghouse Air Brake Technologie0.65%
Veeva Systems Class A0.63%
Nasdaq Inc0.63%
Nxp Semiconductors NV0.60%
Digital Realty Trust Reit0.59%
Ventas Reit0.58%
Arthur J Gallagher0.56%
Block Class A0.56%
Te Connectivity PLC0.55%
Nucor0.53%
Williams0.52%
Marsh0.48%
Coinbase Global Class A0.48%
Vulcan Materials0.48%
Norfolk Southern Corp0.47%
Apollo Global Management0.45%
Waters Corp0.45%
L3HARRIS Technologies0.44%
Flex Ltd0.44%
Northrop Grumman Corp0.44%
Martin Marietta Materials0.44%
Air Products and Chemicals0.43%
Allstate Corp0.43%
Garmin0.41%
American Electric Power Inc0.40%
West Pharmaceutical Services0.40%
Illumina Inc0.39%
Republic Services Inc0.38%
Vylor0.38%
Entergy Corp0.37%
Qnity Electronics0.35%
Agilent Technologies Inc0.35%
Verisign0.34%
Iron Mountain Inc0.34%
Carrier Global0.32%
Hubbell Inc0.30%
Crh Public Limited PLC0.29%
State Street0.28%
Humana0.28%

Weight gaps

The 100 widest of 132 Holdings in both funds.

Holding weights in GGUS and IMCG, widest gap first
Holding	More in GGUSMore in IMCG	GGUS	IMCG
Dell Technologies Inc.DELL	IMCG +1.24 points	0.06%	1.30%
Snowflake Inc.SNOW	IMCG +1.12 points	0.40%	1.52%
Cloudflare, Inc.NET	IMCG +1.00 points	0.35%	1.35%
Motorola Solutions IncMSI	IMCG +1.00 points	0.11%	1.11%
Datadog, Inc.DDOG	IMCG +0.89 points	0.31%	1.20%
Moody's CorporationMCO	IMCG +0.88 points	0.12%	1.00%
Fortinet, Inc.FTNT	IMCG +0.88 points	0.30%	1.18%
Cummins IncCMI	IMCG +0.86 points	0.11%	0.97%
Lumentum Holdings Inc.LITE	IMCG +0.85 points	0.25%	1.10%
The Bank of Ny Mellon CorpBNY	IMCG +0.83 points	0.02%	0.85%
Hilton Worldwide Holdings Inc.HLT	IMCG +0.79 points	0.28%	1.07%
Transdigm Group IncorporatedTDG	IMCG +0.76 points	0.12%	0.88%
Robinhood Markets, Inc.HOOD	IMCG +0.76 points	0.21%	0.97%
Monster Beverage CorporationMNST	IMCG +0.75 points	0.11%	0.86%
Cintas CorporationCTAS	IMCG +0.76 points	0.26%	1.02%
Doordash IncDASH	IMCG +0.68 points	0.24%	0.92%
Autozone, Inc.AZO	IMCG +0.67 points	0.03%	0.70%
Airbnb Inc.ABNB	IMCG +0.67 points	0.24%	0.91%
Keysight Technologies, Inc.KEYS	IMCG +0.65 points	0.11%	0.76%
Bloom Energy CorpBE	IMCG +0.65 points	0.22%	0.87%
W.w. Grainger IncGWW	IMCG +0.65 points	0.18%	0.82%
Cencora IncCOR	IMCG +0.63 points	0.22%	0.85%
United Rentals, Inc.URI	IMCG +0.63 points	0.06%	0.69%
Fastenal CompanyFAST	IMCG +0.61 points	0.18%	0.79%
Natera, Inc.NTRA	IMCG +0.60 points	0.21%	0.81%
Msci Inc.MSCI	IMCG +0.59 points	<0.01%	0.60%
Sherwin-Williams CoSHW	IMCG +0.59 points	0.07%	0.66%
Marathon Petroleum CorporationMPC	IMCG +0.57 points	0.23%	0.80%
Monolithic Power Systems, Inc.MPWR	IMCG +0.56 points	0.20%	0.76%
Coherent CorpCOHR	IMCG +0.56 points	0.03%	0.59%
Rockwell Automation IncROK	IMCG +0.53 points	0.15%	0.68%
Autodesk, Inc.ADSK	IMCG +0.52 points	0.18%	0.70%
Ciena CorporationCIEN	IMCG +0.49 points	0.18%	0.67%
Ross Stores IncROST	IMCG +0.49 points	0.23%	0.72%
Carvana Co.CVNA	IMCG +0.49 points	0.17%	0.66%
Illinois Tool WorksITW	IMCG +0.49 points	0.08%	0.57%
Vistra CorpVST	IMCG +0.47 points	0.17%	0.64%
Teradyne IncTER	IMCG +0.46 points	0.17%	0.63%
Everpure IncP	IMCG +0.46 points	0.13%	0.59%
Twilio Inc.TWLO	IMCG +0.45 points	0.02%	0.47%
Idexx LaboratoriesIDXX	IMCG +0.45 points	0.14%	0.59%
Astera Labs, Inc.ALAB	IMCG +0.46 points	0.16%	0.61%
Comfort Systems Usa IncFIX	IMCG +0.45 points	0.16%	0.61%
Microchip Technology IncorporatedMCHP	IMCG +0.45 points	0.15%	0.60%
Interactive Brokers Group, Inc.IBKR	IMCG +0.44 points	0.05%	0.49%
Old Dominion Freight Line, Inc.ODFL	IMCG +0.42 points	0.02%	0.44%
On Semiconductor CorporationON	IMCG +0.39 points	<0.01%	0.40%
Chipotle Mexican Grill, Inc.CMG	IMCG +0.39 points	0.14%	0.53%
Ferguson Enterprises IncFERG	IMCG +0.36 points	<0.01%	0.37%
Estee Lauder Cos Inc Cl-AEL	IMCG +0.35 points	0.02%	0.37%
Cardinal Health, Inc.CAH	IMCG +0.34 points	0.10%	0.44%
Roblox CorporationRBLX	IMCG +0.34 points	0.12%	0.46%
Axon Enterprise, Inc.AXON	IMCG +0.34 points	0.12%	0.46%
Rocket Lab CorporationRKLB	IMCG +0.33 points	0.12%	0.45%
Take Two Interactive SoftwareTTWO	IMCG +0.33 points	0.13%	0.46%
Entegris, Inc.ENTG	IMCG +0.32 points	0.01%	0.33%
Yum Brands, Inc.YUM	IMCG +0.31 points	0.05%	0.36%
Steel Dynamics, Inc.STLD	IMCG +0.31 points	<0.01%	0.32%
Mongodb, Inc.MDB	IMCG +0.31 points	0.10%	0.41%
Jabil IncJBL	IMCG +0.30 points	0.11%	0.41%
Dexcom, Inc.DXCM	IMCG +0.30 points	0.11%	0.41%
Sofi Technologies, Inc.SOFI	IMCG +0.29 points	<0.01%	0.30%
Emcor Group, Inc.EME	IMCG +0.29 points	0.11%	0.40%
Credo Technology Group Holding LtdCRDO	IMCG +0.28 points	0.10%	0.38%
Ares Management CorporationARES	IMCG +0.27 points	0.09%	0.36%
Nvent Electric Public LimitedNVT	IMCG +0.27 points	0.03%	0.30%
Lpl Financial Holdings Inc.LPLA	IMCG +0.26 points	0.03%	0.29%
Casey's General Stores,incCASY	IMCG +0.26 points	0.08%	0.34%
Super Micro Computer, Inc.SMCI	IMCG +0.25 points	<0.01%	0.26%
Zscaler, Inc.ZS	IMCG +0.26 points	0.09%	0.35%
Public StoragePSA	IMCG +0.25 points	0.02%	0.27%
Ameriprise Financial, Inc.AMP	IMCG +0.25 points	0.01%	0.26%
Live Nation Entertainment IncLYV	IMCG +0.25 points	0.10%	0.35%
Ebay Inc.EBAY	IMCG +0.24 points	0.04%	0.28%
Insmed IncorporatedINSM	IMCG +0.23 points	0.09%	0.32%
Ati IncATI	IMCG +0.24 points	0.08%	0.32%
Colgate-Palmolive CoCL	IMCG +0.24 points	0.11%	0.35%
Alnylam Pharmaceuticals Inc.ALNY	IMCG +0.23 points	0.08%	0.31%
Centene CorporationCNC	IMCG +0.23 points	<0.01%	0.24%
Xpo IncXPO	IMCG +0.22 points	0.07%	0.29%
Northern Trust CorpNTRS	IMCG +0.21 points	<0.01%	0.22%
Curtiss-Wright CorpCW	IMCG +0.22 points	0.03%	0.25%
Affirm Holdings, Inc.AFRM	IMCG +0.21 points	0.07%	0.29%
Simon Property Group IncSPG	IMCG +0.21 points	0.25%	0.46%
The Hershey CompanyHSY	IMCG +0.20 points	<0.01%	0.21%
Clean Harbors IncCLH	IMCG +0.20 points	0.01%	0.21%
Ulta Beauty IncULTA	IMCG +0.20 points	0.02%	0.22%
Rbc Bearings IncorporatedRBC	IMCG +0.20 points	<0.01%	0.21%
Targa Resources Corp.TRGP	IMCG +0.19 points	0.24%	0.43%
Cbre Group, Inc.CBRE	IMCG +0.20 points	0.01%	0.21%
Heico Corp Cl-AHEI.A	IMCG +0.19 points	0.07%	0.26%
Technipfmc PLCFTI	IMCG +0.19 points	0.04%	0.23%
Mks IncMKSI	IMCG +0.20 points	<0.01%	0.20%
Coupang, LlcCPNG	IMCG +0.19 points	0.06%	0.25%
Reddit, Inc.RDDT	IMCG +0.19 points	0.06%	0.25%
Texas Pacific Land CorporationTPL	IMCG +0.19 points	0.07%	0.26%
Woodward IncWWD	IMCG +0.18 points	0.07%	0.25%
Macom Technology SolutionsMTSI	IMCG +0.18 points	0.06%	0.24%
Somnigroup International IncSGI	IMCG +0.17 points	<0.01%	0.18%
Williams-Sonoma, Inc.WSM	IMCG +0.17 points	0.01%	0.18%

All 369 GGUS holdings⁠All 259 IMCG 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.

GGUS vs IMCG Cost

Overpaying GGUS vs IMCG

$1,250

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

GGUS 0.12%
$2,520
IMCG 0.06%
$1,270

Amount$10,000

Years30 years

Cost over time

GGUS 0.12%
IMCG 0.06%
Overpaying

Year by year

Year	GGUS	IMCG	Overpaying
10	$220	$110	$110
20	$859	$432	$427
30	$2,520	$1,270	$1,250

Expense ratio

0.12%GGUS
0.06%IMCG, cheaper

IMCG0.06%GGUS0.12%

0.03%0.70%

Middle half of US Growth Index funds
Median 0.18%

IMCG 9th cheapest of 35 funds

GGUS 15th cheapest of 35 funds

GGUS vs IMCG Dividends

Last 12 months to Oct 30, 2026

Yield (12M): GGUS 0.42%; IMCG 0.67%, better
Payout (12M): GGUS $0.27; IMCG $0.62
Last payment: GGUS $0.06; IMCG $0.19
Ex-dividend: GGUS Sep 24, 2026; IMCG Sep 15, 2026
Paid on: GGUS Sep 30, 2026; IMCG Sep 18, 2026
Frequency: GGUS Quarterly; IMCG Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

GGUSQuarterly · 12 paymentsAll GGUS payments⁠

IMCGQuarterly · 39 paymentsAll IMCG payments⁠

GGUS vs IMCG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: GGUS 15.5%since Dec 2023IMCG 16.6%
Return per unit of riskSharpe ratio, 3 years: GGUS 0.86since Dec 2023IMCG 0.97
Worst fallMax drawdown, 5 years: GGUS −22.6%since Nov 2023IMCG −35.1%
Market sensitivityBeta, 5 years: GGUS 1.14IMCG 1.14; Market = 1

GGUS and IMCG in the news

All news⁠

Best ETFs
The best growth ETF is the cheap one on the index you want
Updated Nov 2, 2026IMCG
Best ETFs
The cheap large-cap growth pick is the S&P 500 list
Updated Oct 2, 2026IMCG

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GGUS vs IMCG

In short

Stated mandate

Why people hold it

Worth knowing

How GGUS and IMCG differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in GGUS

Only in IMCG

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

The best growth ETF is the cheap one on the index you want

The cheap large-cap growth pick is the S&P 500 list

How GGUS and IMCG differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in GGUS

Only in IMCG

Weight gaps