GSLC Fees and Costs — Goldman Sachs ActiveBeta(R) U.S. Large Cap Equity ETF
Data updated: 2026-07-24
The net expense ratio is 0.09%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $644K in broker commissions, 0.0049% of average net assets, and portfolio turnover was 19%.
GSLC Fees and Expenses
Annual operating expenses and sales charges of GSLC. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.09% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.09% |
| Fee waiver | — |
| Net expense ratio | 0.09% |
| 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 |
GSLC Costs Over Time
On $10,000 invested in GSLC, assuming 5% a year before costs, total costs come to $60 over 5 years, cutting the return by 0.10% 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 0.09%) | $9 | $30 | $52 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $2 | $5 |
| Total costs | $10 | $33 | $60 |
| Value after costs | $10,490 | $11,543 | $12,702 |
| Impact on return, per year | 0.10% | 0.10% | 0.10% |
GSLC 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): 0.0049%
- Total broker commissions: $644K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 19%
- Securities on loan, average value: $3.3M
- Net income from securities lending: $41K (0.000% of average net assets)
GSLC Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC CAPITAL MARKETS, LLC | $221K | 34.35% |
| VIRTU AMERICAS LLC | $172K | 26.66% |
| SUSQUEHANNA FINANCIAL GROUP, LLLP | $136K | 21.15% |
| CITADEL SECURITIES LLC | $112K | 17.34% |
| BOFA SECURITIES, INC. | $3K | 0.45% |
| UBS Securities LLC | $277 | 0.04% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.