GUSA Fees and Costs — Goldman Sachs MarketBeta U.S. 1000 Equity ETF
Data updated: 2026-07-24
The net expense ratio is 0.10%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $11K in broker commissions, 0.0006% of average net assets, and portfolio turnover was 2%.
GUSA Fees and Expenses
Annual operating expenses and sales charges of GUSA. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.10% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.10% |
| Fee waiver | — |
| Net expense ratio | 0.10% |
| 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 |
GUSA Costs Over Time
On $10,000 invested in GUSA, assuming 5% a year before costs, total costs come to $64 over 5 years, cutting the return by 0.11% 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 0.10%) | $10 | $33 | $58 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $2 | $6 |
| Total costs | $11 | $35 | $64 |
| Value after costs | $10,489 | $11,541 | $12,699 |
| Impact on return, per year | 0.11% | 0.11% | 0.11% |
GUSA 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): 0.0006%
- Total broker commissions: $11K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 2%
- Securities on loan, average value: $708K
- Net income from securities lending: $74K (0.004% of average net assets)
GUSA Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| VIRTU AMERICAS LLC | $4K | 39.92% |
| Jane Street Execution Services, LLC | $4K | 32.69% |
| CITADEL SECURITIES LLC | $3K | 24.70% |
| J.P. MORGAN SECURITIES LLC | $200 | 1.84% |
| MORGAN STANLEY & CO. INTERNATIONAL PLC | $60 | 0.55% |
| INSTINET, LLC | $22 | 0.20% |
| BARCLAYS CAPITAL, INC. | $12 | 0.11% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.