Data as of Nov 4, 2026.
GSLC vs MGC: Differences, Returns & Fees
Over the year to Nov 4, 2026, GSLC returned +13.3% to MGC's +13.9%; 65% of their weight is in the same names.
askIQ about this page
askIQ about GSLC and MGC
Net assets: $15.3bn on Nov 3, 2026 for Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF, and $10.1bn on Oct 31, 2026 for Vanguard Morningstar Mega Cap ETF.
Pair scorecard
MGC costs 0.04 points a year less; their one-year returns differ by 0.6 points.
| Measure | GSLC | MGC |
|---|---|---|
| Return | ||
| Total return, 1 year | +13.3% | +13.9% |
| Benchmark | ||
| What it tracks | Goldman Sachs ActiveBeta U.S. Large Cap Equity Index | Morningstar US Mega Cap Index |
| Cost and size | ||
| Expense ratio | 0.09% | 0.05% |
| Net assets, GSLC as of Nov 3, 2026 and MGC as of Oct 31, 2026 | $15.3bn | $10.1bn |
| Holdings | ||
| Holdings in common | 65% | |
| Top ten holdings, share of the fund | 35.2% | 46.8% |
Risk and return
Oct 2, 2015 to Oct 30, 2026 · 578 weekly returnsFrom Oct 2015 to Oct 2026, MGC returned more: +398.7% to +327.4%. GSLC and MGC swung about the same: 16.7% and 16.9%. MGC fell slightly less at its worst: −31.0% to −31.8%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | GSLC | MGC | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +327.4% | +398.7% | MGC | Price change plus distributions, reinvested. |
| Annualized | +14.0% | +15.6% | MGC | Total return as a yearly rate. |
| Price return | +263.1% | +317.2% | MGC | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 16.7% | 16.9% | Tie | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 11.6% | 11.6% | Tie | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −31.8% | −31.0% | MGC (slight) | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.73 | 0.81 | MGC (slight) | Return above Treasury bills per unit of volatility. |
| Sortino | 1.05 | 1.17 | MGC (slight) | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.44 | 0.50 | MGC | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 578 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, GSLC and MGC hold 65% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Sep 30, 2026.
half
65% in common
Only in one fund ↓
Side by side
GSLC and MGC on the fields both publish, as of Nov 4, 2026. Source: ETFIQ.
Client brief:
The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.
GSLC
GSLC tracks an index. Over the year to Nov 4, 2026 it returned +13.3% with distributions reinvested, against +14.8% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.09% a year. By its holdings filed for Aug 31, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 426 positions, with the top ten at 35.2%.
MGC
MGC tracks an index. Over the year to Nov 4, 2026 it returned +13.9% with distributions reinvested. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer as of Sep 30, 2026, 98% of the fund by weight is stocks the S&P 500 also holds, across 165 positions, with the top ten at 46.8%.
Questions people ask
- Which returned more over the last year, GSLC or MGC?
- In the year to Nov 4, 2026, with distributions reinvested, GSLC returned +13.3% and MGC +13.9%.
- Which is cheaper, GSLC or MGC?
- MGC is cheaper, by 0.04 percentage points a year. That is about $4 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, GSLC against MGC, data as of Nov 4, 2026. https://etfiq.com/compare/any/gslc-vs-mgc
ETFIQ. (Nov 4, 2026). GSLC against MGC. Retrieved from https://etfiq.com/compare/any/gslc-vs-mgc
[GSLC against MGC (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/any/gslc-vs-mgc)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.