GSIE Fees and Costs — Goldman Sachs ActiveBeta(R) International Equity ETF
Data updated: 2026-07-24
The net expense ratio is 0.25%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $330K in broker commissions, 0.0087% of average net assets, and portfolio turnover was 22%.
GSIE Fees and Expenses
Annual operating expenses and sales charges of GSIE. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.25% |
| Fee waiver | — |
| Net expense ratio | 0.25% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
GSIE Costs Over Time
On $10,000 invested in GSIE, assuming 5% a year before costs, total costs come to $164 over 5 years, cutting the return by 0.27% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.25%) | $26 | $83 | $144 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $4 | $15 |
| Total costs | $27 | $90 | $164 |
| Value after costs | $10,473 | $11,487 | $12,599 |
| Impact on return, per year | 0.27% | 0.27% | 0.27% |
GSIE Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0087%
- Total broker commissions: $330K
- Bought from dealers (principal trades, not a cost): $21
- Portfolio turnover (prospectus): 22%
- Securities on loan, average value: $74.5M
- Net income from securities lending: $896K (0.023% of average net assets)
GSIE Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| VIRTU EUROPE TRADING LIMITED | $79K | 23.87% |
| CITIGROUP GLOBAL MARKETS INC. | $74K | 22.42% |
| VIRTU ITG AUSTRALIA LIMITED | $50K | 15.13% |
| UBS Securities LLC | $34K | 10.39% |
| MORGAN STANLEY & CO. LLC | $30K | 9.13% |
| Instinet LLC | $28K | 8.34% |
| VIRTU ITG LLC | $19K | 5.76% |
| Cowen and Company, LLC | $9K | 2.88% |
| BOFA SECURITIES, INC. | $5K | 1.47% |
| VIRTU AMERICAS LLC | $2K | 0.61% |
GSIE Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| VIRTU ITG AUSTRALIA LIMITED | $21 | 100.00% |
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.