GUSE vs IWFG

GUSEAGoldman Sachs Enhanced U.S. Equity ETF

IWFGBNYLI Winslow Focused Large Cap Growth 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.

IWFG Winslow Capital is a growth-only shop, and IWFG is its concentrated cut: roughly two dozen US large-cap growth names, non-diversified by design, at 0.46% net of a waiver through August 28, 2027.

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.

IWFG The Fund’s stated objective is long-term capital appreciation.

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.

• IWFG Concentration is the product: around two dozen large US growth names, non-diversified by design, so the team's top ideas carry real weight instead of being diluted by a long tail.sec.gov
• 0.46% net of a waiver through August 28, 2027, which lands below the median fee among its conviction-growth peers.
• Not a side project: Winslow runs US large-cap growth money for institutions and separate accounts, and this ETF is the focused, high-conviction version of that research.nylim.comnylim.com 2
• At least 80% of net assets sit in companies above $4 billion in market cap, so it stays a large-cap sleeve rather than drifting down the size scale.sec.gov

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.

• IWFG A 20-something-stock, non-diversified book cuts both ways: one name's stumble or surge shows up in results fast, and sector bets can get lopsided.sec.gov
• That 0.46% rests on a waiver running through August 28, 2027. Gross expenses are 0.94%, so the cost rises if the waiver is not extended.
• Small fund, light trading volume, and a mandate aimed at long-term capital appreciation rather than income, so spreads can be wider than at the giant growth index funds.

Full GUSE profile⁠

Full IWFG profile⁠