Data as of Nov 4, 2026.

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GSLC vs QLC: Differences, Returns & Fees

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Over the year to Nov 4, 2026, GSLC returned +13.3% to QLC's +15.4%; 57% of their weight is in the same names.

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Net assets: $15.3bn on Nov 3, 2026 for Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF, and $1.0bn on Jul 31, 2026 for Northern Trust US Quality Large Cap ETF.

At a glance
+13.3%
GSLC total return, 1 year
+15.4%
QLC total return, 1 year
0.09%
GSLC expense ratio
0.25%
QLC expense ratio

Pair scorecard

GSLC costs 0.16 points a year less; their one-year returns differ by 2.1 points.

GSLC vs QLC: Differences, Returns & Fees
MeasureGSLCQLC
Return
Total return, 1 year+13.3%+15.4%
Drawdown
Below its high3.4%, high on Aug 13, 2026
Benchmark
What it tracksGoldman Sachs ActiveBeta U.S. Large Cap Equity IndexNorthern Trust Quality Large Cap Index
Cost and size
Expense ratio0.09%0.25%
Net assets, GSLC as of Nov 3, 2026 and QLC as of Jul 31, 2026$15.3bn$1.0bn
Holdings
Holdings in common57%
Top ten holdings, share of the fund35.2%37.6%

Method

Risk and return

Oct 2, 2015 to Oct 30, 2026 · 578 weekly returns
GSLC QLC
Return
Total return edge Tie +327.4% +321.5%
Annualized edge Tie +14.0% +13.8%
Price return edge Tie +263.1% +259.3%
Risk
Volatility edge GSLC (slight) 16.7% 17.2%
Max drawdown edge GSLC (slight) −31.8% −33.3%
Risk-adjusted
Sharpe edge GSLC (slight) 0.73 0.71
Sortino edge GSLC (slight) 1.05 1.02
Calmar edge GSLC (slight) 0.44 0.41
Reading

From Oct 2015 to Oct 2026, GSLC and QLC returned about the same: +327.4% and +321.5%. GSLC swung slightly less: 16.7% to 17.2%. GSLC fell slightly less at its worst: −31.8% to −33.3%.

Full scorecard

9 measures, with how each is measured
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Risk and return: GSLC vs QLC: Differences, Returns & Fees
MeasureGSLCQLCEdgeHow it is measured
Return
Total return+327.4%+321.5%TiePrice change plus distributions, reinvested.
Annualized+14.0%+13.8%TieTotal return as a yearly rate.
Price return+263.1%+259.3%TiePrice change alone, distributions left out.
Risk
Volatility16.7%17.2%GSLC (slight)Spread of weekly returns, annualized. Lower is steadier.
Downside deviation11.6%11.9%GSLC (slight)Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown−31.8%−33.3%GSLC (slight)Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.730.71GSLC (slight)Return above Treasury bills per unit of volatility.
Sortino1.051.02GSLC (slight)Return above Treasury bills per unit of downside deviation.
Calmar0.440.41GSLC (slight)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

57%

By the books each fund has filed, GSLC and QLC hold 57% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Aug 31, 2026.

0 half 100%

half

57% in common

Positions both hold · largest shared weight first GSLC QLC
NVIDIA CORP 8.02% 7.10%
APPLE INC 6.96% 7.33%
MICROSOFT CORP 5.32% 4.25%
ALPHABET INC 2.87% 4.09%
AMAZON.COM INC 3.52% 2.59%
BROADCOM INC 2.32% 2.94%
ALPHABET INC 1.79% 3.66%
META PLATFORMS INC 1.86% 1.40%
JP MORGAN CHASE & COMPANY 1.26% 1.98%
ELI LILLY & COMPANY 1.22% 1.12%
MICRON TECHNOLOGY INC 1.24% 1.09%
BERKSHIRE HATHAWAY INC 0.89% 1.27%
Only in one fund ↓
Only in GSLC
VISA INC 0.78%
WALMART INC 0.72%
MASTERCARD INC 0.68%
EXXONMOBIL HOLDINGS CORP 0.65%
ATLASSIAN CORP 0.56%
COSTCO WHOLESALE CORP 0.51%
VERISIGN INC 0.41%
NATERA INC 0.37%
Only in QLC
Goldman Sachs Group, Inc. (The) 1.17%
Jones Lang LaSalle, Inc. 0.63%
Alexandria Real Estate Equities, Inc. 0.55%
Franklin Resources, Inc. 0.53%
Las Vegas Sands Corp. 0.39%
Deckers Outdoor Corp. 0.33%
Spotify Technology SA 0.33%
Aptiv PLC 0.31%
Check overlap with more funds →

Side by side

GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF QLC Northern Trust US Quality Large Cap ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Tracks an index
Total return, 1 year +13.3% +15.4%
Its benchmark over the same days +14.8% (VOO) not measured
Gap to its benchmark −1.5 pts vs VOO not measured
Expense ratio 0.09% 0.25%
Already in the S&P 500 93.7% 96.4%
Holdings 426 177
Net assets, GSLC as of Nov 3, 2026 and QLC as of Jul 31, 2026 $15.3bn $1.0bn

GSLC and QLC on the fields both publish, as of Nov 4, 2026. Source: ETFIQ.

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About each fund
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%.

QLC

QLC tracks an index. Over the year to Nov 4, 2026 it returned +15.4% with distributions reinvested. The prospectus expense ratio is 0.25% a year. By its holdings filed for Jul 31, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 177 positions, with the top ten at 37.6%. It sat 3.4% below its high of Aug 13, 2026 on Nov 4, 2026.

Questions people ask

Which returned more over the last year, GSLC or QLC?
In the year to Nov 4, 2026, with distributions reinvested, GSLC returned +13.3% and QLC +15.4%.
Which is cheaper, GSLC or QLC?
GSLC is cheaper, by 0.16 percentage points a year. That is about $16 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do GSLC and QLC overlap with the S&P 500?
By their latest filed holdings, 94% of GSLC and 96% of QLC by weight is stocks the S&P 500 already holds.
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ETFIQ, GSLC against QLC, data as of Nov 4, 2026. https://etfiq.com/compare/any/gslc-vs-qlc

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