GUSE vs QDVO

GUSEAGoldman Sachs Enhanced U.S. Equity ETF

QDVOBAmplify CWP Growth & Income 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.

QDVO Most option-income funds chase the payout and let growth ride in back. QDVO flips the order: a concentrated book of U.S. growth stocks first, with call writing used tactically on individual names to generate monthly income second.

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.

QDVO The actively managed Fund seeks capital appreciation primarily and high current income secondarily. It invests mainly in growth-oriented U.S. equities and tactically writes call options to seek additional income.

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.

• QDVO Growth leads by mandate. Capital appreciation is the primary objective and income the secondary one, with calls written tactically instead of blanketed across the whole portfolio.
• A 0.56% expense ratio sits well under the going rate for actively managed option-income ETFs, and matches what Amplify charges on its dividend-side sibling, DIVO.
• Same Capital Wealth Planning shop that runs DIVO, pointed at growth names instead of dividend payers. It stands among the stronger builds in a crowded option-income field.
• Pays monthly and changes hands readily, so building or trimming a position doesn't mean fighting the order book.

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.

• QDVO Every call written trades away some upside on that holding. Writing selectively limits the drag, but in a sharp growth rally you own less of the run.
• Launched in 2024, so there's no full market cycle on the tape yet and the risk record is still short.
• Roughly 40 growth names means a single-stock stumble lands harder here than it would in a broad index fund.

Full GUSE profile⁠

Full QDVO profile⁠