GUSE vs LRGG

GUSEAGoldman Sachs Enhanced U.S. Equity ETF

LRGGBNomura Focused Large 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.

LRGG Roughly two dozen large-cap growth names, run by the ex-Macquarie team now under Nomura's roof. Active, unapologetically top-heavy, and 0.44% with no fee waiver in the picture.

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.

LRGG The fund seeks to provide growth of capital.

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.

• LRGG "Focused" is not marketing here: the portfolio runs to about two dozen stocks, so individual picks actually register instead of being diluted into an index.stockanalysis.com
• 0.44%, with no fee waiver holding it down, sits below the category median. FELG and JUSA charge 0.18%, so cheap it is not, but it undercuts the typical active rival.
• Rates as one of the stronger implementations among the conviction-growth funds we cover, on the strength of its cost and day-to-day trading profile.

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.

• LRGG Top-heavy by design: a handful of mega-cap names carry much of the portfolio, so a stumble in one or two of them shows up fast.stockanalysis.com
• Lightly traded next to the category's heavyweights, which can mean wider spreads; limit orders earn their keep.
• Listed in 2024 and rebranded after Nomura bought Macquarie's US public investments business, so the record under this banner is short.nomuraassetmanagement.com

Full GUSE profile⁠

Full LRGG profile⁠