Core Insights - The Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (GSSC) is a smart beta ETF launched on June 28, 2017, providing broad exposure to the small-cap blend market segment [1] Fund Overview - GSSC has accumulated over $692.57 million in assets, categorizing it as an average-sized ETF in the small-cap blend space [5] - The fund is managed by Goldman Sachs Funds and aims to match the performance of the Goldman Sachs ActiveBeta U.S. Small Cap Equity Index, which focuses on small-cap U.S. equity securities [5] Cost Structure - GSSC has an annual operating expense ratio of 0.20%, which is competitive within its peer group [6] - The fund offers a 12-month trailing dividend yield of 1.45% [6] Sector Allocation - The fund's largest sector allocation is in Financials, comprising approximately 19.2% of the portfolio, followed by Industrials and Healthcare [7] - The top 10 holdings account for about 3.52% of GSSC's total assets, with Credo Technology Group Holding Ltd (CRDO) being the largest individual holding at 0.47% [8] Performance Metrics - Year-to-date, GSSC has gained approximately 8.45%, and it is up about 8.95% over the last 12 months as of October 31, 2025 [10] - The fund has a beta of 1.06 and a standard deviation of 20.67% over the trailing three-year period, indicating a diversified risk profile with around 1348 holdings [10] Alternatives - While GSSC is a viable option for investors looking to outperform the small-cap blend segment, alternatives such as the iShares Russell 2000 ETF (IWM) and iShares Core S&P Small-Cap ETF (IJR) are also available [11][12] - IWM has $68.35 billion in assets and an expense ratio of 0.19%, while IJR has $84.92 billion in assets with a lower expense ratio of 0.06% [12]

Core Insights - The Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF (GSSC) is designed to provide broad exposure to the Small Cap Blend segment of the U.S. equity market, launched on June 28, 2017, with assets exceeding $589.97 million [1] Group 1: Small Cap Blend Overview - Small cap companies are defined as those with market capitalizations below $2 billion, typically presenting higher potential but also higher risk compared to larger companies [2] - Blend ETFs hold a mix of growth and value stocks, exhibiting characteristics of both types of equities [2] Group 2: Costs and Performance - GSSC has an annual operating expense ratio of 0.2%, which is competitive within its peer group, and a 12-month trailing dividend yield of 1.33% [3] - The ETF has increased by approximately 0.82% year-to-date and has risen about 9.24% over the past year, with a trading range between $55.86 and $76.22 in the last 52 weeks [6] Group 3: Sector Exposure and Holdings - The ETF's largest allocation is to the Financials sector, comprising about 22.4% of the portfolio, followed by Industrials and Healthcare [4] - The top 10 holdings represent approximately 3.57% of total assets, with individual holdings like Sep 25 Cme Eminirus2k (RTYU25) accounting for about 0.55% [5] Group 4: Risk and Alternatives - GSSC aims to match the performance of the Goldman Sachs ActiveBeta U.S. Small Cap Equity Index, with a beta of 1.05 and a standard deviation of 21.23% over the trailing three years, indicating effective diversification with around 1365 holdings [6][7] - Alternatives in the small-cap ETF space include the Vanguard Small-Cap ETF (VB) and the iShares Core S&P Small-Cap ETF (IJR), which have significantly larger asset bases and lower expense ratios [9]