Core Insights - The Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW) is a smart beta ETF that provides broad exposure to the large-cap blend category of the market, launched on September 12, 2017 [1] Fund Overview - GSEW has accumulated over $1.29 billion in assets, making it one of the larger ETFs in its category [5] - The fund is managed by Goldman Sachs Funds and aims to match the performance of the Solactive US Large Cap Equal Weight Index, which includes approximately 500 of the largest U.S. companies [5] Cost Structure - GSEW has an annual operating expense ratio of 0.09%, making it one of the least expensive products in its space [6] - The ETF has a 12-month trailing dividend yield of 1.50% [6] Sector Exposure and Holdings - The ETF has the highest allocation in the Financials sector at about 16.5%, followed by Information Technology and Industrials [7] - Datadog Inc (DDOG) accounts for approximately 0.22% of the fund's total assets, with the top 10 holdings representing about 2.11% of total assets under management [8] Performance Metrics - GSEW has increased by roughly 6.35% year-to-date and is up approximately 13.2% over the past year as of August 4, 2025 [10] - The ETF has traded between $67.22 and $84.15 in the past 52 weeks and has a beta of 1.00 with a standard deviation of 16.55% over the trailing three-year period [10] Alternatives - Other ETFs in the large-cap blend space include SPDR S&P 500 ETF (SPY) and Vanguard S&P 500 ETF (VOO), with SPY having $644.75 billion and VOO $686.74 billion in assets [11] - SPY has an expense ratio of 0.09% while VOO charges 0.03% [11]

Core Viewpoint - The Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW) is a passively managed ETF aimed at providing broad exposure to the Large Cap Blend segment of the U.S. equity market, with assets exceeding $1.30 billion, making it one of the larger ETFs in this category [1]. Group 1: Fund Overview - GSEW was launched on September 12, 2017, and is sponsored by Goldman Sachs Funds [1]. - The ETF targets large cap companies, which typically have a market capitalization above $10 billion, offering more predictable cash flows and lower volatility compared to mid and small cap stocks [2]. Group 2: Costs and Performance - The annual operating expenses for GSEW are 0.09%, positioning it as one of the least expensive options in the ETF space, with a 12-month trailing dividend yield of 1.48% [3]. - GSEW has achieved a performance increase of approximately 7.51% year-to-date and 15.66% over the past year, with trading prices ranging from $67.22 to $83.03 in the last 52 weeks [6]. Group 3: Sector Exposure and Holdings - The ETF has a significant allocation to the Financials sector, comprising about 16.60% of the portfolio, followed by Information Technology and Industrials [4]. - The top 10 holdings account for approximately 2.13% of total assets, with Mongodb Inc (MDB) representing about 0.23% of total assets [5]. Group 4: Risk and Alternatives - GSEW seeks to match the performance of the Solactive US Large Cap Equal Weight Index, which includes around 500 of the largest U.S. companies, and has a beta of 1 with a standard deviation of 16.73% over the trailing three-year period [6][7]. - Alternatives to GSEW include the SPDR S&P 500 ETF (SPY) and the Vanguard S&P 500 ETF (VOO), which have significantly larger asset bases of $643.17 billion and $689.40 billion, respectively, with similar expense ratios [9]. Group 5: Market Trends - There is a growing trend among retail and institutional investors towards passively managed ETFs due to their low costs, transparency, flexibility, and tax efficiency, making them suitable for long-term investment strategies [10].