Goldman Sachs ETF Tops $14.5B AUM with 0.09% Fee and 7.48% Nvidia Position
GSLC has amassed $14.53B AUM since its September 2015 launch, charges a 0.09% expense ratio and yields 1.01% annually, making it one of the cheapest large cap blend ETFs. With 33% in Information Technology and top holding Nvidia at 7.48%, it returned 10.4% last year but is down 0.91% YTD.
1. Fund Overview and Costs
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF launched on September 17, 2015 and has grown to $14.53 billion in assets under management. It carries an annual operating expense ratio of just 0.09% and pays a 12-month trailing dividend yield of 1.01%, positioning it among the lowest-cost large cap blend options.
2. Sector Exposure and Top Holdings
The ETF allocates approximately 33% of its portfolio to the Information Technology sector, followed by Financials and Telecom. Its largest individual holding is Nvidia at 7.48% of assets, with Apple and Microsoft also in the top three, and the top 10 holdings representing 34.68% of total assets.
3. Performance and Risk Metrics
GSLC has returned 10.4% over the past year but is down 0.91% year-to-date, with a 52-week trading range of $97.68 to $134.75. Its three-year beta stands at 0.99 and standard deviation at 14.5%, reflecting medium volatility across 434 diversified holdings.