GSWO vs QINT

GSWOAGoldman Sachs ActiveBeta World Equity ETF

QINTCAmerican Century Quality Diversified International 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.

QINT American Century wrote its own index for this one: roughly 400 non-US stocks screened for quality, then tilted toward growth or value as conditions shift. A factor fund built to move with the weather rather than hold one fixed blend.

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.

QINT The fund tracks the American Century Quality Diversified International Equity Index. Its index methodology seeks international core exposure by excluding lower-quality stocks and selecting companies with attractive quality, growth and value characteristics.

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.

• QINT Rules-based but not static: the methodology excludes lower-quality stocks, then adjusts growth and value exposure as the prevailing market environment changes.americancentury.com
• Roughly 400 holdings across developed markets outside the US, and the portfolio has stayed closely aligned with the index it advertises.
• Fee is 0.34% a year, near what this peer group typically charges, with no waiver in place, so it isn't a number that expires on a date.
• Running since 2018 with a multi-hundred-million-dollar asset base and quarterly distributions. Not a launch-week experiment.

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.

• QINT Several peers undercut it on price: GSWO at 0.15%, INTF at 0.16% and DFAI at 0.18%, none of them leaning on a waiver.
• The index is American Century's own, so the quality screen is a house view. The fact sheet also notes the fund bears losses or costs caused by index errors.americancentury.com
• Moderately traded rather than a category heavyweight, which can mean wider spreads than the largest international factor funds.

Full GSWO profile⁠

Full QINT profile⁠