GUSE vs REGS

GUSEAGoldman Sachs Enhanced U.S. Equity ETF

REGSAColumbia 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.

REGS A growth strategy with roots back to 1992, now in an ETF wrapper: Columbia splits one large-cap growth mandate across several sleeves instead of betting on a single stock picker, and charges less than the typical active fund hunting the same names.

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.

REGS The Columbia large-cap growth strategy seeks long-term capital appreciation. It invests at least 80% of assets in equity securities of large-capitalization companies and is managed through multiple large-cap growth sleeves.

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.

• REGS 0.35% a year. That is cheap for a stock-picking mandate and sits below the median fee in its active US large-cap growth peer group.
• Built in sleeves: the mandate runs through multiple large-cap growth teams, so one manager's cold spell does not steer the whole portfolio.
• At least 80% of assets stay in large-cap equities, with long-term capital appreciation as the stated goal. No style drift into small caps by design.
• Screens as one of the stronger options in a crowded field of active US growth ETFs, mostly on cost discipline and risk behavior.

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.

• REGS Small and thinly traded next to the household-name growth funds. Spreads can be wide, so the price you get depends on how you place the order.
• Cheaper ways to rent similar exposure exist: JUSA charges 0.12% and FELG 0.18%, both index-anchored enhanced large-cap funds.
• No declared index behind it. Returns track the managers' picks, which can look nothing like a standard growth benchmark in a given stretch.

Full GUSE profile⁠

Full REGS profile⁠