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GUSE vs MAGS

Goldman Sachs Enhanced U.S. Equity ETF

GUSEANasdaq

Roundhill Magnificent Seven ETF

MAGSBCboe

Overlap

Expense ratio

Same figure. Both funds show the same value, so neither comes out ahead.

GUSE0.30%MAGS0.30%

Avg volume · 30D

MAGS 173.1×the volume

GUSE24.9KMAGS4.31M

GUSE vs MAGS Performance

Dec 31, 2025 – Oct 30, 2026

+11.8%GUSE+3.8%MAGS

Dec 31, 2025 to Oct 30, 2026. GUSE +11.8%. MAGS +3.8%. Use the arrow keys to read each point.−15%−10%−5%0%Dec 2025Jun 2026Oct 2026
Expense ratio
GUSE 0.30%
MAGS 0.30%
Fund size
GUSE $421M
MAGS $5.28B
1Y total return
GUSE No data
MAGS +2.2%
Yield (12M)
GUSE No data
MAGS 1.43%
Holdings
GUSE 122
MAGS 32
Avg volume (30D)
GUSE 24.9K sh
MAGS 4.31M sh, better
NAV per share
GUSE $46.05
MAGS $68.54
52W range

ETF.net Grade

GUSE: Cost 97, Risk 94, Mission not scored, Tradability 46, Holdings 89, Durability 85. MAGS: Cost 97, Risk 36, Mission 67, Tradability 77, Holdings 9, Durability 84.
Pillar letters and Scores for GUSE, MAGS, with each pillar’s weight
PillarGUSEMAGS
Cost30% weightA97A97
Mission25% weightNot scoredB67
Risk15% weightA94HigherD36
Tradability15% weightC46A77Higher
Holdings10% weightA89HigherF9
Durability5% weightA85HigherA84

Rank among US Active Growth funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. GUSE and MAGS are both graded against the same 90 US Active Growth funds, so their Grades compare head to head.

US Active Growth⁠

Category · 90 funds
See all 90 ›

GUSE ranks 2nd and MAGS 9th of 90 funds in the US Active Growth Category.

  1. Rank 1AJUSAJPMorgan U.S. Research Enhanced Large Cap ETFScore 86
  2. Rank 2AGUSEGoldman Sachs Enhanced U.S. Equity ETFScore 84
  3. Rank 3ALRGCAB US Large Cap Strategic Equities ETFScore 81
  4. Rank 9BFLCGFederated Hermes MDT Large Cap Growth ETFScore 68
  5. Rank 9BMAGSRoundhill Magnificent Seven ETFScore 68
  6. Rank 12BFFLGFidelity Fundamental Large Cap Growth ETFScore 67

Our read on each fund

ETF.net Research

GUSEAGoldman Sachs Enhanced U.S. Equity ETF

MAGSBRoundhill Magnificent Seven 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.

MAGS Seven stocks, one ticker. MAGS is an actively managed fund built entirely around the Magnificent Seven basket, launched in 2023 for people who want that trade whole rather than assembled by hand.

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.

MAGS The Fund is actively managed and seeks growth of capital through exposure to companies comprising the Magnificent Seven.

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.
  • MAGS Packages the Magnificent Seven into a single actively managed position, so you skip buying and rebalancing seven separate stocks yourself.
  • Charges 0.30% a year, less than the typical actively managed US growth fund it competes with.
  • Among the most heavily traded funds in its category, which generally means low friction getting in and out.
  • A billion-dollar-scale fund and one of the strongest implementations in its active US growth peer group.

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.
  • MAGS Concentration is the whole design. With a handful of megacap names, one stock stumbling moves this fund far more than it would a broad index fund.
  • Broader large-cap growth peers cost less: JUSA at 0.12% and FELG at 0.18%, though neither is a dedicated Magnificent Seven basket.
  • The mandate is growth of capital, and payouts come annually or semiannually at most. Not built as an income holding.

Full GUSE profile⁠

Full MAGS profile⁠

GUSE vs MAGS 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 MAGS Cost

Same expense ratio

$6,149

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

  • GUSE 0.30%

    $6,149

  • MAGS 0.30%

    $6,149

$10,000
30 years

Cost over time

  • GUSE 0.30%
  • MAGS 0.30%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530GUSE $6,149MAGS $6,149

Year by year

YearGUSEMAGS
10$545$545
20$2,113$2,113
30$6,149$6,149

Expense ratio

  • 0.30%GUSE
  • 0.30%MAGS
  • Middle half of US Active Growth funds
  • Median 0.55%

GUSE 3rd cheapest of 90 funds

MAGS 3rd cheapest of 90 funds

GUSE vs MAGS Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
GUSE No data
MAGS 1.43%
Payout (12M)
GUSE No data
MAGS $0.98
Last payment
GUSE $0.30
MAGS $0.98
Ex-dividend
GUSE Dec 23, 2025
MAGS Dec 30, 2025
Paid on
GUSE Dec 30, 2025
MAGS Dec 31, 2025
Frequency
GUSE Irregular
MAGS Annual

Distribution history

Per share, 2023 to 2026, same scale for both

GUSEIrregular · 1 paymentAll GUSE payments⁠
One bar per payment. 1 payment from 2023 to 2026 YTD. Dec 23, 2025 $0.30. Use the arrow keys to read each point.$0$120232026YTD
MAGSAnnual · 3 paymentsAll MAGS payments⁠
One bar per payment. 3 payments from 2023 to 2026 YTD. Dec 27, 2023 $0.15; Dec 30, 2024 $0.44; Dec 30, 2025 $0.98. Use the arrow keys to read each point.$0$120232026YTD

GUSE vs MAGS Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
GUSE No dataMAGS 21.8%
Return per unit of riskSharpe ratio, 3 years
GUSE No dataMAGS 1.28
Worst fallMax drawdown, 5 years
GUSE No dataMAGS −29.9%since Apr 2023
Market sensitivityBeta, 5 years
GUSE 0.93MAGS 1.37

GUSE and MAGS in the news

All news⁠

Popular comparisons

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