GSWO vs INTF: Grades, Fees and Holdings Compared

Goldman Sachs ActiveBeta World Equity ETF

GSWOACboe

iShares International Equity Factor ETF

INTFANYSE Arca

Overlap

18.8%by weight

Expense ratio

GSWO −0.01pt a year

GSWO0.15%INTF0.16%

Avg volume · 30D

INTF 4.8×the volume

GSWO64KINTF309K

GSWO vs INTF Performance

Jul 31, 2026 – Oct 30, 2026

+0.5%GSWO−1.8%INTF

Expense ratio: GSWO 0.15%, better; INTF 0.16%
Fund size: GSWO $1.79B; INTF $3.7B
1Y total return: GSWO No data; INTF +17.0%
Yield (12M): GSWO 1.46%; INTF 3.02%, better
Holdings: GSWO 751; INTF 501
Avg volume (30D): GSWO 64K sh; INTF 309K sh, better
NAV per share: GSWO $64.95; INTF $41.10
52W range

ETF.net Grade

Pillar letters and Scores for GSWO, INTF, with each pillar’s weight
Pillar	GSWO	INTF
Cost30% weight	A98	A98
Mission25% weight	Not scored	Not scored
Risk15% weight	B67Higher	B55
Tradability15% weight	A86Higher	A73
Holdings10% weight	F22	B68Higher
Durability5% weight	B62	A86Higher

Rank among International Multifactor funds

How we build Categories ›

Same Category. GSWO and INTF are both graded against the same 30 International Multifactor funds, so their Grades compare head to head.

International Multifactor⁠

Category · 30 funds

See all 30 ›

INTF ranks 1st and GSWO 3rd of 30 funds in the International Multifactor Category.

Rank 1AINTFiShares International Equity Factor ETFScore 79
Rank 2ADFAIDimensional International Core Equity Market ETFScore 77
Rank 3AGSWOGoldman Sachs ActiveBeta World Equity ETFScore 76
Rank 4AFDEVFidelity International Multifactor ETFScore 73

Our read on each fund

ETF.net Research

GSWOAGoldman Sachs ActiveBeta World Equity ETF

INTFAiShares International Equity Factor ETF

In short

GSWO Four factor tilts (value, momentum, quality, low volatility) on developed markets outside the US, for 15 basis points. Goldman's ActiveBeta rules at a price closer to an index fund than an active one.

INTF Five factors at once (value, quality, momentum, low volatility, low size) aimed at developed markets outside the US, for 0.16% a year. That is well under half what the typical international multifactor fund charges.

Stated mandate

GSWO The fund is an ActiveBeta World Equity ETF designed to track an ActiveBeta Index and provide exposure to value, momentum, quality, and low-volatility characteristics.

INTF The fund seeks to track an index of international developed-market stocks chosen using value, quality, momentum, low-volatility, and low-size factors.

Why people hold it

GSWO 0.15% a year against a 0.69% median for its global active-equity peers, and cheaper than fellow top-graded names DFAW (0.24%) and AVGE (0.25%).
Value, momentum, quality and low volatility come from one published ActiveBeta index methodology, not a manager's discretionary call.gsam.com
Stands among the strongest implementations in its global equity peer group: a multi-billion-dollar fund in the standard 1940 Act ETF wrapper that pays quarterly.

INTF At 0.16% a year it undercuts the peer median of 0.38%, and also GSIE (0.25%), RODM (0.29%) and FDEV (0.18%).
One basket of roughly 500 developed-market stocks does the work of separate value, quality, momentum, low-volatility and small-size sleeves.
Live since 2015 and now a multi-billion-dollar iShares fund, giving it more history than much of the international multifactor shelf.
Rates among the strongest implementations in its international multifactor peer group of 29 funds.

Worth knowing

GSWO Despite the "World" name, the reference index is MSCI World ex USA, so US stocks sit outside the mandate.
Launched in 2022, so the live record is short, and factor blends can trail plain cap-weighted benchmarks for long stretches.
Four factors in one basket can pull against each other; the net tilt is milder than a single-factor fund.

INTF Factor tilts are the whole point, so returns can wander from a plain cap-weighted international index in either direction, sometimes for long stretches.
Developed markets only. No emerging-market exposure here, and returns move with foreign currencies as well as foreign stocks.
Volume is moderate rather than heavy, so limit orders help. Distributions land once or twice a year, not quarterly.

Full GSWO profile⁠

Full INTF profile⁠

GSWO vs INTF Holdings

How GSWO and INTF differ

Overlap by weight

18.8%

Shared holdings make up 67.2% of INTF and 19.7% of GSWO.

Level by level

Holdings222 in both18.8%
Countryby domicile28.3%
Asset classEquity100%

Sector

No Sector split for GSWO.

Country, concentration and asset class

Country by domicile

Country weights in GSWO and INTF, widest gap first
Country	More in GSWOMore in INTF	GSWO	INTF
United States	GSWO +69.3 points	69.3%	0.0%
Japan	INTF +17.9 points	8.5%	26.4%
United Kingdom	INTF +10.7 points	3.1%	13.8%
Switzerland	INTF +6.1 points	2.5%	8.6%
France	INTF +5.5 points	1.4%	6.9%
Germany	INTF +5.1 points	1.8%	6.9%
Australia	INTF +4.7 points	1.8%	6.5%
Canada	INTF +4.5 points	3.3%	7.8%
Other countries (19)	INTF +14.7 points	8.4%	23.1%

Outside the US: GSWO 95% developed, 5% emerging. INTF 100% developed, 0% emerging.

Concentration

Weight in the 10 largest Holdings

GSWO27.5%
INTF12.8%

Securities held

GSWO740
INTF482

Asset class

GSWO: Equity
INTF: Equity

Holdings

Only in GSWO518
In both222
Only in INTF260

Only in GSWO

518 securities, 79.9% of GSWO by weight

NVIDIA Corporation5.65%
Apple Inc.5.62%
Microsoft Corporation4.24%
Amazon.com Inc2.60%
Alphabet Inc.1.85%
Broadcom Inc.1.76%
Alphabet Inc.1.60%
Meta Platforms Inc-Class A1.52%
Eli Lilly & Co1.35%
Tesla Inc.1.32%
Micron Technology, Inc.1.27%
JPMorgan Chase & Co1.02%
Advanced Micro Devices Inc.1.02%
Visa Inc.0.80%
Exxonmobil Holdings Corporation0.80%
Berkshire Hathaway Inc.0.77%
Johnson & Johnson0.74%
Walmart Inc0.66%
Mastercard Incorporated0.60%
AbbVie Inc.0.57%
Costco Wholesale Corporation0.50%
Cisco Systems, Inc.0.48%
Palantir Technologies Inc.0.46%
UnitedHealth Group Incorporated0.45%
Intel Corporation0.44%
Chevron Corporation0.44%
Lam Research Corporation0.41%
Coca-Cola Company (The)0.41%
Merck & Co., Inc.0.38%
Applied Materials Inc0.37%
The Home Depot, Inc.0.37%
The Procter & Gamble Company0.37%
Bank of America Corp0.36%
General Electric Company0.34%
Palo Alto Networks Inc.0.33%
Philip Morris Intl Inc0.32%
Caterpillar Inc (Delaware)0.32%
Kla Corp0.31%
Texas Instruments Inc.0.30%
Wells Fargo & Company0.29%
Citigroup Inc.0.28%
Seagate Technology Holdin PLC0.28%
Shell PLC0.28%
Rtx Corp0.27%
Ge Vernova Llc0.27%
Morgan Stanley0.26%
Netflix, Inc.0.26%
Intl Business Machines Corp0.25%
Crowdstrike Holdings, Inc.0.24%
Gilead Sciences0.24%

Only in INTF

260 securities, 32.3% of INTF by weight

Shell0.80%
Balfour Beatty PLC0.41%
Shopify Subordinate Voting Class A0.39%
Deutsche Boerse AG0.38%
Yangzijiang Shipbuilding (Holdings0.36%
Al Sydbank0.35%
Iss A’s0.35%
Hokuhoku Financial Group Inc0.34%
Otsuka Corp0.34%
Uss0.34%
Coca Cola Hbc AG0.33%
Naturgy Energy Group SA0.33%
Unibail Rodamco We Stapled Units0.31%
Klepierre Reit SA0.30%
Subaru0.30%
Nutrien Ltd0.30%
Saipem0.29%
Japan Post Bank Ltd0.29%
Glencore PLC0.29%
Aurizon Holdings0.29%
Santen Pharmaceutical0.27%
Drax Group PLC0.27%
Aberdeen Group PLC0.26%
Banco De Sabadell0.26%
Bam Groep Koninklijke NV0.26%
Konami Group0.25%
Nordex0.25%
Pandora0.24%
Origin Energy0.24%
Delonghi0.24%
Gea Group AG0.24%
Kone0.23%
Hochtief AG0.23%
Bmw0.23%
Vz Holding AG0.23%
Banca Generali0.22%
Tisi0.22%
Yokogawa Electric0.22%
Logitech International0.22%
Wartsila0.22%
Konecranes0.21%
Japan Real Estate Investment Trust0.21%
Sumitomo Pharma Ltd0.21%
Ssab Class B0.21%
Toyoda Gosei0.21%
Wolters Kluwer0.21%
Regis Resources0.21%
Centrica PLC0.20%
Telia Company0.20%
Jardine Matheson Holdings0.20%

Weight gaps

The 100 widest of 222 Holdings in both funds.

Holding weights in GSWO and INTF, widest gap first
Holding	More in GSWOMore in INTF	GSWO	INTF
Novartis AG Shs	INTF +1.91 points	0.34%	2.25%
Asml Holding N.v.	INTF +1.55 points	0.75%	2.30%
Royal Bank of Canada	INTF +0.91 points	0.29%	1.20%
Roche Holding AG	INTF +0.83 points	0.39%	1.22%
Mitsubishi Ufj Financial Group	INTF +0.82 points	0.22%	1.04%
Nestle S.a.	INTF +0.79 points	0.20%	0.99%
Abb Ltd	INTF +0.78 points	0.14%	0.92%
Mizuho Financial Group	INTF +0.74 points	0.09%	0.83%
Loblaw Cos Ltd	INTF +0.73 points	0.09%	0.81%
Bhp Group Limited	INTF +0.72 points	0.19%	0.91%
Hsbc Holdings PLCHSBA.L	INTF +0.71 points	0.31%	1.02%
Sumitomo Mitsui Fin Group, Inc	INTF +0.68 points	0.18%	0.86%
Astrazeneca PLC OrdAZN.L	INTF +0.68 points	0.28%	0.96%
Unicredit, Societa' Per Azioni	INTF +0.66 points	0.11%	0.77%
Abn Amro Bank N.v.	INTF +0.64 points	0.05%	0.69%
Sap SE	INTF +0.64 points	0.18%	0.82%
Rio Tinto Limited	INTF +0.61 points	0.03%	0.64%
Totalenergies SE	INTF +0.62 points	0.21%	0.83%
Manulife Financial Corp	INTF +0.61 points	0.05%	0.66%
Aib Group Public Limited Company	INTF +0.58 points	0.05%	0.63%
Toyota Motor Corporation	INTF +0.55 points	0.13%	0.68%
Siemens AG Reg Shs	INTF +0.51 points	0.18%	0.69%
Repsol Ypf SA	INTF +0.50 points	0.06%	0.56%
Recruit Holdings Co., Ltd.	INTF +0.48 points	0.33%	0.81%
Commonwealth Bank of Australia	INTF +0.48 points	0.16%	0.64%
Suncor Energy Inc.	INTF +0.48 points	0.14%	0.62%
Hitachi, Ltd.	INTF +0.47 points	0.09%	0.56%
Ubs Group AG	INTF +0.46 points	0.16%	0.62%
Banco Bilbao Vizcaya	INTF +0.45 points	0.18%	0.63%
Asics Corp	INTF +0.43 points	0.10%	0.54%
Nordea Bank Abp	INTF +0.44 points	0.05%	0.49%
Bp PLCBP.L	INTF +0.44 points	0.16%	0.60%
Engie	INTF +0.43 points	0.04%	0.47%
L'oreal	INTF +0.42 points	0.14%	0.56%
Rolls-Royce Holdings PLCRR.L	INTF +0.43 points	0.11%	0.54%
Tokio Marine Holdings, Inc.	INTF +0.41 points	0.09%	0.50%
Novo Nordisk A/S	INTF +0.41 points	0.13%	0.54%
Sage Group Plc. (The)SGE.L	INTF +0.38 points	0.10%	0.48%
Gsk PLCGSK.L	INTF +0.38 points	0.13%	0.51%
Sanofi	INTF +0.39 points	0.04%	0.43%
Bae Systems PLCBA.L	INTF +0.38 points	0.04%	0.42%
Credit Agricole SA	INTF +0.37 points	0.03%	0.40%
Zurich Insurance Group AG	INTF +0.37 points	0.08%	0.45%
Sony Group Corporation	INTF +0.36 points	0.11%	0.47%
Tesco PLCTSCO.L	INTF +0.36 points	0.07%	0.43%
Siemens Energy AG	INTF +0.36 points	0.11%	0.47%
Safran SA	INTF +0.34 points	0.06%	0.40%
Vodafone Group PLCVOD.L	INTF +0.33 points	0.09%	0.42%
Daiwa Securities	INTF +0.32 points	0.03%	0.35%
Investor Aktiebolag	INTF +0.32 points	0.10%	0.42%
Advantest Corp	INTF +0.31 points	0.32%	0.63%
Tokyo Electron Ltd	INTF +0.32 points	0.15%	0.47%
MS&AD Insurance Group Holdings	INTF +0.31 points	0.07%	0.38%
Jb Hi-Fi Limited	INTF +0.32 points	0.06%	0.38%
Allianz SE	INTF +0.31 points	0.17%	0.48%
Compagnie Financiere Richemont SA	INTF +0.30 points	0.06%	0.36%
Softbank Group Corp.	INTF +0.30 points	0.07%	0.37%
Ageas Sa/Nv	INTF +0.30 points	0.04%	0.34%
Schneider Electric	INTF +0.30 points	0.10%	0.40%
Deutsche Bank Reg Shs	INTF +0.30 points	0.08%	0.38%
Equinor Asa	INTF +0.29 points	0.10%	0.39%
Muenchener Rueckvers.ges.ag	INTF +0.27 points	0.07%	0.34%
Aia Group Limited	INTF +0.27 points	0.08%	0.35%
Mitsubishi Heavy Ind	INTF +0.28 points	0.03%	0.31%
Fast Retailing Co Ltd	INTF +0.28 points	0.13%	0.41%
Galderma Group AG	INTF +0.28 points	0.02%	0.30%
Koninklijke Ahold Delhaize NV	INTF +0.27 points	0.11%	0.38%
Enel Spa Eur 1	INTF +0.27 points	0.07%	0.34%
E.on SE	INTF +0.26 points	0.02%	0.28%
Canadian Natural Resources	INTF +0.26 points	0.10%	0.36%
Telstra Group Ltd	INTF +0.26 points	0.03%	0.29%
Endesa SA	INTF +0.26 points	0.03%	0.29%
Societe Generale	INTF +0.25 points	0.07%	0.32%
Iberdrola Sociedad Anonima	INTF +0.24 points	0.11%	0.35%
Deutsche Telekom AG	INTF +0.24 points	0.09%	0.33%
Kinross Gold Corporation	INTF +0.24 points	0.04%	0.28%
Yamazaki Baking Co Ltd	INTF +0.23 points	0.05%	0.28%
Fisher & Paykel Healthcare Corporation Limited	INTF +0.23 points	0.09%	0.32%
Ocbc Ltd	INTF +0.22 points	0.06%	0.28%
Dbs Group Holdings Ltd	INTF +0.22 points	0.13%	0.35%
Kioxia Holdings Corporation	INTF +0.22 points	0.13%	0.35%
Wheaton Precious Metals Corp	INTF +0.21 points	0.03%	0.24%
Mercedes-Benz Group AG	INTF +0.20 points	0.05%	0.25%
Barrick Mining Corp	INTF +0.20 points	0.07%	0.27%
A.p. Moeller - Maersk A/S Class B	INTF +0.20 points	0.08%	0.28%
Dnb Bank Asa	INTF +0.20 points	0.03%	0.23%
Prosus N.v.	INTF +0.19 points	0.02%	0.21%
Fujitsu Limited	INTF +0.19 points	0.04%	0.23%
Itochu Corporation	INTF +0.19 points	0.05%	0.24%
Ing Groep N.v.	INTF +0.20 points	0.11%	0.31%
Barclays PLCBARC.L	INTF +0.19 points	0.10%	0.29%
Banca Mediolanum S.p.a.	INTF +0.19 points	0.05%	0.24%
Power Corp Canada (Com)	INTF +0.18 points	0.06%	0.24%
Intesa Sanpaolo	INTF +0.19 points	0.10%	0.29%
Daiichi Life Group Inc	INTF +0.17 points	0.06%	0.23%
Ericsson (Lm) Telefon-	INTF +0.18 points	0.06%	0.24%
Sanwa Holdings Corporation	INTF +0.17 points	0.03%	0.20%
Wh Group Limited	INTF +0.17 points	0.03%	0.20%
Mitsui & Co Ltd	INTF +0.16 points	0.05%	0.21%
Banco Santander, S.a.	INTF +0.16 points	0.22%	0.38%

All 741 GSWO holdings⁠All 483 INTF 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.

GSWO vs INTF Cost

Overpaying INTF vs GSWO

$205

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

GSWO 0.15%
$3,137
INTF 0.16%
$3,342

Amount$10,000

Years30 years

Cost over time

GSWO 0.15%
INTF 0.16%
Overpaying

Year by year

Year	GSWO	INTF	Overpaying
10	$274	$292	$18
20	$1,071	$1,141	$70
30	$3,137	$3,342	$205

Expense ratio

0.15%GSWO, cheaper
0.16%INTF

GSWO0.15%INTF0.16%

0.15%0.80%

Middle half of International Multifactor funds
Median 0.34%

GSWO cheapest of 30 funds

INTF 2nd cheapest of 30 funds

GSWO vs INTF Dividends

Last 12 months to Oct 30, 2026

Yield (12M): GSWO 1.46%; INTF 3.02%, better
Payout (12M): GSWO $0.93; INTF $1.24
Last payment: GSWO $0.20; INTF $0.72
Ex-dividend: GSWO Sep 24, 2026; INTF Jun 15, 2026
Paid on: GSWO Sep 30, 2026; INTF Jun 18, 2026
Frequency: GSWO Quarterly; INTF Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

GSWOQuarterly · 18 paymentsAll GSWO payments⁠

INTFTwice a year · 20 paymentsAll INTF payments⁠

GSWO vs INTF Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: GSWO No dataINTF 11.2%
Return per unit of riskSharpe ratio, 3 years: GSWO No dataINTF 1.45
Worst fallMax drawdown, 5 years: GSWO No dataINTF −27.6%
Market sensitivityBeta, 5 years: GSWO 0.75INTF 0.74; Market = 1

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