GSEW Performance — Goldman Sachs Equal Weight U.S. Large Cap Equity ETF
Data updated: 2026-07-24
GSEW returned +9.76% year to date and +20.13% over one year to May 2026. Annualised returns are +18.62% over 3 years and +8.80% over 5 years. Against its US Mid-Cap Blend category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $167, against $156 for the category, and to $120 over one year, against $122. Volatility over the past three years was 13.85% a year. In the 12 months to May 2026 the fund took in a net $349.3M, and assets reached $1.77B.
GSEW Growth of $100
What $100 invested in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Blend category average over the same months.
| Period | GSEW | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $120 | $122 |
| 3 years (Jun 2023 – May 2026) | $167 | $156 |
| 5 years (Jun 2021 – May 2026) | $152 | $143 |
| Since data start (Sep 2019 – May 2026) | $225 | $204 |
GSEW Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +9.76% |
| 1 year | +20.13% |
| 3 years (annualised) | +18.62% |
| 5 years (annualised) | +8.80% |
GSEW Annual Returns
Calendar-year total returns of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +9.76% |
| 2025 | +12.08% |
| 2024 | +16.83% |
| 2023 | +17.62% |
| 2022 | −17.50% |
| 2021 | +25.36% |
| 2020 | +16.22% |
| 2019 (Sep–Dec) | +10.52% |
GSEW Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.6% | +2.7% | −5.4% | +6.8% | +3.0% | — | — | — | — | — | — | — |
| 2025 | +4.2% | −1.0% | −4.1% | −1.6% | +5.2% | +4.3% | +0.9% | +2.2% | +1.2% | −0.4% | +0.6% | +0.4% |
| 2024 | −0.3% | +4.8% | +4.3% | −4.7% | +2.7% | +0.3% | +4.0% | +2.8% | +2.2% | −0.8% | +7.8% | −6.4% |
| 2023 | +7.3% | −2.8% | −0.2% | −0.3% | −2.4% | +7.2% | +3.6% | −2.8% | −4.7% | −3.7% | +10.0% | +6.6% |
| 2022 | −6.4% | −1.6% | +2.1% | −8.4% | −0.1% | −9.1% | +9.1% | −2.7% | −9.5% | +9.0% | +6.1% | −5.1% |
| 2021 | −1.1% | +4.4% | +4.5% | +5.0% | +1.2% | +1.9% | +1.7% | +2.5% | −4.2% | +5.9% | −2.9% | +4.5% |
| 2020 | −0.6% | −8.5% | −17.2% | +15.0% | +5.5% | +1.4% | +5.4% | +3.9% | −2.0% | −0.8% | +13.1% | +4.2% |
| 2019 | — | — | — | — | — | — | — | — | +2.6% | +1.1% | +3.9% | +2.5% |
GSEW Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 13.85%
- 3-year Sharpe ratio: 1.02 (vs 4.5% risk-free rate)
- Best month: +9.98% (Nov 2023)
- Worst month: −6.40% (Dec 2024)
GSEW Fund Flows
Monthly money in and out of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF, from SEC Form N-PORT.
- 12-month net flow: $349.3M
- 12-month gross sales (incl. reinvestments): $590.4M
- Sales ÷ redemptions: 2.45×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $49.6M | $50.3M | −$710K |
| Apr 2026 | $30.6M | $9.0M | $21.6M |
| Mar 2026 | $56.8M | $17.9M | $39.0M |
| Feb 2026 | $125.6M | $22.3M | $103.3M |
| Jan 2026 | $13.2M | $0 | $13.2M |
| Dec 2025 | $77.0M | $0 | $77.0M |
| Nov 2025 | $29.0M | $8.4M | $20.6M |
| Oct 2025 | $50.8M | $0 | $50.8M |
| Sep 2025 | $101.2M | $92.8M | $8.4M |
| Aug 2025 | $4.1M | $0 | $4.1M |
| Jul 2025 | $28.7M | $16.5M | $12.2M |
| Jun 2025 | $23.8M | $23.9M | −$182K |
GSEW Assets Under Management
Net assets of Goldman Sachs Equal Weight U.S. Large Cap Equity ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $1.77B |
| 2026-02-28 | $1.65B |
| 2025-11-30 | $1.43B |
| 2025-08-31 | $1.34B |
| 2025-05-31 | $1.23B |
| 2025-02-28 | $1.18B |
| 2024-11-30 | $993.43M |
| 2024-08-31 | $817.70M |
| 2024-05-31 | $690.76M |
| 2024-02-29 | $605.60M |
| 2023-11-30 | $477.60M |
| 2023-08-31 | $462.53M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.