GUSE vs HIAI: Grades, Fees and Holdings Compared

Goldman Sachs Enhanced U.S. Equity ETF

GUSEANasdaq

Ai Funds High Conviction US Equity AI-Managed ETF

HIAI—Cboe

Overlap

22.5%by weight

Expense ratio

GUSE −0.57pt a year

GUSE0.30%HIAI0.87%

Avg volume · 30D

HIAI 1.3×the volume

GUSE24.9KHIAI32.3K

GUSE vs HIAI Performance

Sep 30, 2026 – Oct 30, 2026

−1.0%GUSE−1.0%HIAI

Expense ratio: GUSE 0.30%, better; HIAI 0.87%
Fund size: GUSE $421M; HIAI $21M
Holdings: GUSE 122; HIAI 48
Avg volume (30D): GUSE 24.9K sh; HIAI 32.3K sh, better
NAV per share: GUSE $46.05; HIAI $25.39
52W range

ETF.net Grade

—HIAINot yet graded

Pillar letters and Scores for GUSE, HIAI, with each pillar’s weight
Pillar	GUSE	HIAI
Cost30% weight	A97	Not scored
Mission25% weight	Not scored	Not scored
Risk15% weight	A94	Not scored
Tradability15% weight	C46	Not scored
Holdings10% weight	A89	Not scored
Durability5% weight	A85	Not scored

Rank among US Active Growth funds

How we build Categories ›

US Active Growth⁠

Category · 90 funds

See all 90 ›

GUSE ranks 2nd of 90 funds in the US Active Growth Category.

Rank 1AJUSAJPMorgan U.S. Research Enhanced Large Cap ETFScore 86
Rank 2AGUSEGoldman Sachs Enhanced U.S. Equity ETFScore 84
Rank 3ALRGCAB US Large Cap Strategic Equities ETFScore 81
HIAINot yet graded

Our read on each fund

ETF.net Research

GUSEAGoldman Sachs Enhanced U.S. Equity ETF

HIAI—Ai Funds High Conviction US Equity AI-Managed ETF

In short

GUSE Goldman's fundamental stock pickers hunting long-term growth in US companies, for 0.30% a year. The strategy dates to 2008 and charges well under the typical active US growth fund.

HIAI No data

Stated mandate

GUSE The Fund seeks long-term growth of capital by investing in companies that the Investment Adviser believes are positioned for long-term growth.

HIAI No data

Why people hold it

GUSE Charges 0.30% a year, against a 0.54% median for its active US growth cohort. Cheap, for stock picking.
Actively run with no index to shadow. Managers hold companies they judge positioned for long-term growth, so the portfolio can look different from a large-cap benchmark.
Inception dates to 2008, so the strategy has run through multiple market cycles, not one long rally.
One of the stronger implementations in a crowded field of active US growth funds.

HIAI No data

Worth knowing

GUSE Trades thinly next to the category's heavyweights. Spreads can be wider, which bites most on large or hurried orders.
Two peers in the same top tier undercut it on fee: JUSA at 0.12% and FELG at 0.18%. Price is not where this one stands out.
Distributions land once or twice a year, not monthly. Growth of capital is the stated goal, not an income stream.

HIAI No data

Full GUSE profile⁠

Full HIAI profile⁠

GUSE vs HIAI Holdings

How GUSE and HIAI differ

Overlap by weight

22.5%

Shared holdings make up 35.7% of HIAI and 28.7% of GUSE.

Level by level

Holdings16 in both22.5%
Countryby domicile91.4%
Asset classEquity100%

Sector

No Sector split for GUSE.

Country, concentration and asset class

Country by domicile

Country weights in GUSE and HIAI, widest gap first
Country	More in GUSEMore in HIAI	GUSE	HIAI
United States	GUSE +8.1 points	98.9%	90.8%
Taiwan	HIAI +2.8 points	0.6%	3.4%
Israel	HIAI +2.7 points	0.0%	2.7%
Brazil	HIAI +1.7 points	0.0%	1.7%
Peru	HIAI +1.4 points	0.0%	1.4%
United Kingdom	GUSE +0.5 points	0.5%	0.0%

Concentration

Weight in the 10 largest Holdings

GUSE34.6%
HIAI48.3%

Securities held

GUSE121
HIAI47

Asset class

GUSE: Equity
HIAI: Equity

Holdings

Only in GUSE105
In both16
Only in HIAI31

Only in GUSE

105 securities, 69.5% of GUSE by weight

NVIDIA Corporation7.53%
Broadcom Inc.2.39%
Eli Lilly & Co2.00%
Alphabet Inc.1.77%
Tesla Inc.1.77%
JPMorgan Chase & Co1.66%
Berkshire Hathaway Inc.1.61%
Mastercard Incorporated1.43%
Conocophillips1.41%
Exxonmobil Holdings Corporation1.20%
Linde PLC1.17%
Visa Inc.1.14%
Walmart Inc1.07%
Tjx Companies Inc (New)1.02%
Agilent Technologies, Inc.1.02%
UnitedHealth Group Incorporated0.89%
Palantir Technologies Inc.0.88%
Netapp, Inc.0.85%
Bank of America Corp0.80%
Vertex Pharmaceuticals Incorporated0.79%
Intel Corporation0.78%
Phillips 660.78%
The Procter & Gamble Company0.76%
Cintas Corporation0.75%
Intercontinental Exchange Inc0.75%
Applied Materials Inc0.73%
General Electric Company0.73%
Ameren Corporation0.73%
Caterpillar Inc (Delaware)0.69%
Starbucks Corp.0.65%
Cencora Inc0.62%
Csx Corporation0.62%
Atmos Energy Corporation0.60%
T-Mobile Us, Inc.0.60%
Taiwan Semiconductor Mfg Ads-Adr0.59%
Kla Corp0.59%
Intl Business Machines Corp0.58%
Cadence Design Systems Inc0.57%
Costco Wholesale Corporation0.57%
The Home Depot, Inc.0.57%
Allstate Corporation0.56%
American Intl Group, Inc.0.55%
Western Digital Corporation0.54%
Old Dominion Freight Line, Inc.0.53%
Rtx Corp0.53%
S&P Global Inc.0.53%
Ge Vernova Llc0.52%
Repligen Corp0.51%
Amphenol Corp Cl-A (New)0.50%
Morgan Stanley0.50%

Only in HIAI

31 securities, 64.2% of HIAI by weight

Cheesecake Factory Inc/The6.90%
Cboe Global Markets Inc5.75%
Marathon Petroleum Corp5.63%
Altria Group Inc3.20%
US Foods Holding Corp3.11%
Manhattan Associates Inc2.91%
Halozyme Therapeutics Inc2.61%
Elbit Systems Ltd2.56%
Petroleo Brasileiro SA - Petrobras2.49%
ASE Technology Holding Co Ltd2.43%
Revolution Medicines Inc2.24%
Urban Outfitters Inc2.09%
Fortinet Inc2.08%
Gilead Sciences Inc2.04%
Exelixis Inc1.95%
F5 Inc1.91%
Twist Bioscience Corp1.90%
Frontline PLC1.60%
Philip Morris International Inc1.37%
eBay Inc1.14%
West Pharmaceutical Services Inc1.07%
Coca-Cola Consolidated Inc0.94%
Liquidia Corp0.88%
Tenet Healthcare Corp0.83%
Life Time Group Holdings Inc0.79%
Lantheus Holdings Inc0.73%
Cardinal Health Inc0.71%
Ross Stores Inc0.64%
Millicom International Cellular SA0.60%
Moderna Inc0.57%
Murphy USA Inc0.50%

Weight gaps

All 16 Holdings in both funds, largest gap first.

Holding weights in GUSE and HIAI, widest gap first
Holding	More in GUSEMore in HIAI	GUSE	HIAI
Hewlett Packard Enterprise CoHPE	HIAI +3.00 points	0.39%	3.39%
Apple Inc.AAPL	HIAI +2.47 points	5.13%	7.60%
Motorola Solutions IncMSI	HIAI +2.35 points	0.53%	2.88%
Coca-Cola Company (The)KO	HIAI +2.12 points	1.81%	3.93%
Amazon.com IncAMZN	GUSE +2.04 points	4.07%	2.03%
Meta Platforms Inc-Class AMETA	GUSE +1.56 points	2.14%	0.58%
Alphabet Inc.GOOGL	GUSE +1.45 points	2.76%	1.31%
Advanced Micro Devices Inc.AMD	GUSE +1.10 points	1.57%	0.47%
Microsoft CorporationMSFT	HIAI +0.91 points	4.97%	5.88%
Dell Technologies Inc.DELL	HIAI +0.79 points	0.41%	1.20%
Arista Networks, Inc.ANET	HIAI +0.75 points	0.48%	1.23%
Palo Alto Networks Inc.PANW	HIAI +0.48 points	0.72%	1.20%
Lumentum Holdings Inc.LITE	HIAI +0.19 points	0.20%	0.39%
Micron Technology, Inc.MU	HIAI +0.10 points	1.77%	1.87%
Johnson & JohnsonJNJ	GUSE +0.03 points	0.93%	0.90%
Merck & Co., Inc.MRK	Same weight	0.81%	0.81%

All 121 GUSE holdings⁠All 48 HIAI 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.

GUSE vs HIAI Cost

Overpaying HIAI vs GUSE

$10,387

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

GUSE 0.30%
$6,149
HIAI 0.87%
$16,536

Amount$10,000

Years30 years

Cost over time

GUSE 0.30%
HIAI 0.87%
Overpaying

Year by year

Year	GUSE	HIAI	Overpaying
10	$545	$1,542	$997
20	$2,113	$5,830	$3,717
30	$6,149	$16,536	$10,387

Expense ratio

0.30%GUSE, cheaper
0.87%HIAI

GUSE0.30%HIAI0.87%

0.18%2.83%

Middle half of US Active Growth funds
Median 0.55%

GUSE 3rd cheapest of 90 funds

HIAI 86th cheapest of 90 funds

GUSE vs HIAI Dividends

Last 12 months to Oct 30, 2026

Payout (12M): GUSE No data; HIAI None
Last payment: GUSE $0.30; HIAI No data
Ex-dividend: GUSE Dec 23, 2025; HIAI No data
Paid on: GUSE Dec 30, 2025; HIAI No data
Frequency: GUSE Irregular; HIAI No data

Distribution history

Per share, 2025 to 2026, same scale for both

GUSEIrregular · 1 paymentAll GUSE payments⁠

HIAIAll HIAI payments⁠

No distribution history available.

GUSE vs HIAI Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years: GUSE 0.93HIAI 0.00; Market = 1

GUSE and HIAI in the news

All news⁠

ETF Filings
Defiance files AI index funds that may also buy private companies outside the index
Oct 30, 2026HIAI
ETF Filings
SWP files for a 21-stock AI-selected equity ETF
Sep 25, 2026HIAI

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GUSE vs HIAI

In short

Stated mandate

Why people hold it

Worth knowing

How GUSE and HIAI differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in GUSE

Only in HIAI

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Defiance files AI index funds that may also buy private companies outside the index

SWP files for a 21-stock AI-selected equity ETF

How GUSE and HIAI differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in GUSE

Only in HIAI

Weight gaps