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GUSE vs PCLG

Goldman Sachs Enhanced U.S. Equity ETF

GUSEANasdaq

Polen Focus Growth ETF

PCLGCNYSE Arca

Overlap

30.0%by weight

Expense ratio

GUSE −0.19pt a year

GUSE0.30%PCLG0.49%

Avg volume · 30D

GUSE 1.3×the volume

GUSE24.9KPCLG18.7K

GUSE vs PCLG Performance

Dec 31, 2025 – Nov 2, 2026

+11.3%GUSE−11.0%PCLG

Dec 31, 2025 to Nov 2, 2026. GUSE +11.3%. PCLG −11.0%. Use the arrow keys to read each point.−15%−5%0%5%15%Dec 2025Jun 2026Nov 2026
Expense ratio
GUSE 0.30%, better
PCLG 0.49%
Fund size
GUSE $413M
PCLG $86M
1Y total return
GUSE No data
PCLG −14.0%
Holdings
GUSE 122
PCLG 28
Avg volume (30D)
GUSE 24.9K sh, better
PCLG 18.7K sh
NAV per share
GUSE $45.25
PCLG $21.95
52W range

ETF.net Grade

GUSE: Cost 97, Risk 94, Mission not scored, Tradability 46, Holdings 89, Durability 85. PCLG: Cost 62, Risk 15, Mission 75, Tradability 40, Holdings 43, Durability 42.
Pillar letters and Scores for GUSE, PCLG, with each pillar’s weight
PillarGUSEPCLG
Cost30% weightA97HigherB62
Mission25% weightNot scoredA75
Risk15% weightA94HigherF15
Tradability15% weightC46HigherC40
Holdings10% weightA89HigherC43
Durability5% weightA85HigherC42

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 PCLG 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 PCLG 58th 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 54CCWSAdvisorShares Focused Equity ETFScore 45
  5. Rank 58CPCLGPolen Focus Growth ETFScore 44
  6. Rank 59CGARYMango Growth ETFScore 43

Our read on each fund

ETF.net Research

GUSEAGoldman Sachs Enhanced U.S. Equity ETF

PCLGCPolen Focus 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.

PCLG Polen Capital's flagship Focus Growth playbook, ETF-wrapped: roughly 25 large companies picked for durable competitive advantages and steady earnings growth. Conviction over count, with no index to hide behind.

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.

PCLG The Fund seeks long-term 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.
  • PCLG Concentration is the design, not an accident: roughly 25 high-conviction growth companies held with low turnover, so research rather than index weights sets the portfolio.polencapital.compolencapital.com 2
  • The quality bar is spelled out: high returns on capital, a record of double-digit earnings growth, strong balance sheets and free cash flow, proven management.polencapital.compolencapital.com 2
  • At 0.49%, the fee sits below the 0.54% median for its active conviction-growth peer group, which is unusual for a boutique manager's marquee strategy.

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.
  • PCLG Non-diversified by charter. With a portfolio this focused, one company's stumble lands harder than it would inside a broad large-cap index fund.yahoo.compolencapital.com
  • Launched in 2025 and thinly traded, so bid-ask spreads can run wider than the mega-ETFs and larger orders deserve more care.
  • Index-plus rivals in the same cohort cost less: JUSA at 0.12%, FELG at 0.18%. Hand-picked concentration carries a higher price tag.

Full GUSE profile⁠

Full PCLG profile⁠

GUSE vs PCLG Holdings

How GUSE and PCLG differ

Overlap by weight

30.0%

Shared holdings make up 67.4% of PCLG and 30.1% of GUSE.

Level by level

  • Holdings14 in both30.0%
  • Countryby domicile91.7%
  • Asset classEquity100%

Sector

No Sector split for GUSE and PCLG.

Country, concentration and asset class

Country by domicile

Country weights in GUSE and PCLG, widest gap first
CountryMore in GUSEMore in PCLG
United StatesGUSE +7.8 points
CanadaPCLG +4.1 points
NetherlandsPCLG +2.8 points
TaiwanPCLG +1.4 points
United KingdomGUSE +0.5 points

Concentration

Weight in the 10 largest Holdings

  • GUSE34.6%
  • PCLG62.7%

Securities held

  • GUSE121
  • PCLG28

Asset class

GUSE
Equity
PCLG
Equity

Holdings

  • Only in GUSE107
  • In both14
  • Only in PCLG14

Only in GUSE

107 securities, 68.0% of GUSE by weight

  • Apple Inc.5.15%
  • Alphabet Inc.2.77%
  • Coca-Cola Company (The)1.87%

Only in PCLG

14 securities, 32.6% of PCLG by weight

  • Servicenow Inc USD 0.0014.92%
  • Shopify Inc Npv4.50%
  • Oracle Corp USD 0.014.12%

Weight gaps

All 14 Holdings in both funds, largest gap first.

Holding weights in GUSE and PCLG, widest gap first
HoldingMore in GUSEMore in PCLG
Visa Inc.VPCLG +5.62 points
Mastercard IncorporatedMAPCLG +5.25 points
Microsoft CorporationMSFTPCLG +4.59 points
Eli Lilly & CoLLYPCLG +4.01 points
Broadcom Inc.AVGOPCLG +3.49 points
Alphabet Inc.GOOGPCLG +3.21 points
Costar Group, Inc.CSGPPCLG +2.44 points
Amazon.com IncAMZNPCLG +2.02 points

All 121 GUSE holdings⁠All PCLG 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 PCLG Cost

Overpaying PCLG vs GUSE

$3,643

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

  • GUSE 0.30%

    $6,149

  • PCLG 0.49%

    $9,792

$10,000
30 years

Cost over time

  • GUSE 0.30%
  • PCLG 0.49%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530PCLG $9,792GUSE $6,149

Year by year

YearGUSEPCLGOverpaying
10$545$883$338
20$2,113$3,394$1,281
30$6,149$9,792$3,643

Expense ratio

  • 0.30%GUSE, cheaper
  • 0.49%PCLG
  • Middle half of US Active Growth funds
  • Median 0.55%

GUSE 3rd cheapest of 90 funds

PCLG 30th cheapest of 90 funds

GUSE vs PCLG Dividends

Last 12 months to Nov 2, 2026
Last payment
GUSE $0.30
PCLG $0.0086
Ex-dividend
GUSE Dec 23, 2025
PCLG Dec 3, 2025
Paid on
GUSE Dec 30, 2025
PCLG Dec 4, 2025
Frequency
GUSE Irregular
PCLG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

GUSEIrregular · 1 paymentAll GUSE payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 23, 2025 $0.30. Use the arrow keys to read each point.$0$0.252026YTD
PCLGIrregular · 1 paymentAll PCLG payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 3, 2025 $0.0086. Use the arrow keys to read each point.$0$0.252026YTD

GUSE vs PCLG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
GUSE No dataPCLG 17.8%since Oct 2025
Return per unit of riskSharpe ratio, 3 years
GUSE No dataPCLG −0.81since Oct 2025
Worst fallMax drawdown, 5 years
GUSE No dataPCLG −23.8%since Sep 2025
Market sensitivityBeta, 5 years
GUSE 0.94PCLG 1.14

GUSE and PCLG in the news

All news⁠

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