GVLE vs WTV

GVLECGoldman Sachs Value Opportunities ETF

WTVAWisdomTree U.S. Value Fund

In short

GVLE A stock-picker's version of value: roughly 20 to 40 companies Goldman's team thinks the market is mispricing, not a rules-based screen of hundreds of names. The strategy ran as a mutual fund from 2015 before converting into this ETF in 2025.

WTV Most value funds shop for low price tags. WTV shops for cash coming back to shareholders: dividends plus net buybacks, filtered for quality and profitability. Actively run, priced like an index fund at 0.12%.

Stated mandate

GVLE The Fund seeks long-term capital appreciation. It pursues that objective by investing in companies GSAM considers value opportunities.

WTV The fund seeks income and capital appreciation through primarily U.S. equities selected for high total shareholder yield and favorable relative quality characteristics.

Why people hold it

• GVLE Concentrated on purpose. The prospectus targets roughly 20 to 40 holdings, so individual research calls actually move the portfolio instead of getting diluted.sec.gov
• Charges 0.45%, under the median for actively managed US value funds, though systematic rivals like AVLV (0.15%) and WTV (0.12%) come in cheaper.
• Wider hunting ground than the name suggests: any market cap, plus up to 20% of assets in foreign stocks, including emerging markets.sec.gov
• Not a brand-new idea in a new wrapper. It arrived via a 2025 mutual fund conversion and carries the predecessor fund's history back to 2015.gs.com

• WTV Charges 0.12% a year, under a quarter of the 0.55% typical for active US value funds, and less than every same-benchmark rival in its group (JAVA 0.44%, CGVV 0.33%, TEQI 0.54%).
• "Value" here means cash returned: dividend yield plus net buyback yield, with quality and profitability screens, rather than a plain low price-to-book sort.wisdomtree.com
• About 160 US stocks, a multi-billion-dollar asset base, and a live track record dating to 2007. Distributions land quarterly.

Worth knowing

• GVLE Small asset base and light trading volume, so spreads can run wider than in the category's household-name value funds.
• Non-diversified. A stumble at one large holding lands harder here than in a broad value index fund holding hundreds of stocks.sec.gov
• Distributions come once or twice a year, not quarterly or monthly, so it isn't structured as a steady income stream.

• WTV Full equity with no downside cushion, and a value tilt that can lean into a handful of sectors. Risk is the least polished part of the profile.
• Rules-based active, not an index tracker, so results can diverge from the Russell 1000 Value in either direction.
• Buybacks supply much of the shareholder yield, and companies can scale repurchases back more easily than they cut dividends.wisdomtree.com

Full GVLE profile⁠

Full WTV profile⁠