GSIE vs PIEQ: Differences, Returns & Fees

GSIE and PIEQ hold 7% of their weight in the same names, and GSIE returned +14.5% over the year. Net assets on Oct 8, 2026: $5.8bn for Goldman Sachs ActiveBeta International Equity ETF and $1.3bn for Principal International Equity ETF.

GSIE costs 0.23 points a year less; their one-year returns differ by 1.5 points; GSIE is 4.4 times larger.

GSIEPIEQ
Expense ratio0.25%0.48%
Net assets, as of Oct 8, 2026$5.8bn$1.3bn
Total return, 1 year+14.5%+13.0%
What it tracksGoldman Sachs ActiveBeta International Equity IndexNo index, actively managed
Holdings in common7%
Top ten holdings, share of the fund10.1%47.1%
Below its high5.0%, high on Aug 25, 20265.2%, high on Aug 25, 2026

Holdings in common uses holdings dated May 31, 2026 and Jun 30, 2026.

+14.5%
GSIE total return, 1 year
+13.0%
PIEQ total return, 1 year
0.25%
GSIE expense ratio
0.48%
PIEQ expense ratio

What they hold in common

By the books each fund has filed, GSIE and PIEQ hold 7% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Jun 30, 2026.

half

7% in common

Positions both hold, largest shared weight first
Holding GSIE PIEQ
ASML HOLDING NV 2.11% 6.80%
ASTRAZENECA PLC 0.88% 3.05%
SHELL PLC 0.61% 1.33%
UNICREDIT SPA 0.40% 2.23%
BNP PARIBAS SA 0.40% 2.10%
HOYA CORP 0.32% 1.99%
SUNCOR ENERGY INC 0.30% 3.17%
SAGE GROUP PLC (THE) 0.23% 1.50%
BRITISH AMERICAN TOBACCO PLC 0.20% 3.96%
AIA GROUP LTD 0.18% 2.45%
DAIMLER TRUCK HOLDING AG 0.17% 2.94%
SOMPO HOLDINGS INC 0.16% 3.54%
Only in GSIE
HSBC HOLDINGS PLC 1.06%
ROYAL BANK OF CANADA 1.06%
NOVARTIS AG 1.02%
ROCHE HOLDING AG 1.01%
BANCO SANTANDER SA 0.80%
TORONTO DOMINION BANK (THE) 0.78%
ADVANTEST CORP 0.77%
NESTLE' SA/AG 0.60%
Only in PIEQ
Samsung Electronics Co Ltd 8.00%
Taiwan Semiconductor Manufacturing Co Ltd 6.96%
Teck Resources Ltd 4.15%
Alibaba Group Holding Ltd 3.21%
Hannover Rueck SE 2.62%
National Bank of Greece SA 2.47%
Yum China Holdings Inc 2.14%
ICON PLC 2.06%

Check overlap with more funds →

On the same fields

GSIE
Goldman Sachs ActiveBeta International Equity ETF
PIEQ
Principal International Equity ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Actively managed
Total return, 1 year +14.5% +13.0%
S&P 500 over the same days +17.3% +17.3%
Gap to the S&P 500 −2.8 pts −4.3 pts
Expense ratio 0.25% 0.48%
Already in the S&P 500 0.0% 0.0%
Holdings 656 35
Net assets, as of Oct 8, 2026 $5.8bn $1.3bn

GSIE and PIEQ on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

GSIE in plain words

GSIE tracks an index. Over the year to Oct 9, 2026 it returned +14.5% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.25% a year. By its holdings filed for May 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 656 positions, with the top ten at 10.1%. It sat 5.0% below its high of Aug 25, 2026 on Oct 9, 2026.

PIEQ in plain words

PIEQ is actively managed and tracks no index. Over the year to Oct 9, 2026 it returned +13.0% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.48% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 35 positions, with the top ten at 47.1%. It sat 5.2% below its high of Aug 25, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, GSIE or PIEQ?
In the year to Oct 9, 2026, with distributions reinvested, GSIE returned +14.5% and PIEQ +13.0%.
Which is cheaper, GSIE or PIEQ?
GSIE is cheaper, by 0.23 percentage points a year. That is about $23 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do GSIE and PIEQ overlap with the S&P 500?
By their latest filed holdings, 0% of GSIE and 0% of PIEQ by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

ETFIQ, GSIE against PIEQ, data as of Oct 9, 2026. https://etfiq.com/compare/any/gsie-vs-pieq

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.