GUSE vs SEMG

GUSEAGoldman Sachs Enhanced U.S. Equity ETF

SEMGDSuncoast Select 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.

SEMG Active conviction investing with nothing to hide behind: roughly 15 to 30 US stocks, picked bottom-up under one in-house rulebook. No index, no long tail, and every holding carries real weight.

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.

SEMG The Fund seeks long-term capital appreciation through an actively managed, concentrated portfolio of approximately 15–30 U.S.-listed companies selected using bottom-up fundamental analysis.

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.

• SEMG Real concentration: about 15 to 30 US-listed names, so individual picks actually move the fund instead of being diluted by a 500-stock tail.
• Stock selection runs through a named house process, the SEM Disciplined Investment System, which blends growth and value screens rather than chasing a single style.
• Plain plumbing: a standard 1940 Act fund holding US-listed stocks. No leverage, no derivatives overlay, no exotic wrapper to decode.

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.

• SEMG At 0.60% a year it prices above the typical fund in its active US growth cohort, and well above enhanced-index rivals such as JUSA (0.12%) and FELG (0.18%).
• A small, thinly traded fund, so spreads and order handling deserve more attention here than with a mega-cap index product.
• Launched in 2025, so the track record is short, and a book this concentrated means a handful of names can set the tone in any given stretch.

Full GUSE profile⁠

Full SEMG profile⁠