GSST vs JPST: Differences, Returns & Fees

On May 31, 2026 GSST's duration was 0.5 years and JPST's 0.8; GSST charges 0.16% to JPST's 0.18%. Net assets: $1.7bn on Oct 19, 2026 for Goldman Sachs Ultra Short Bond ETF, and $42.8bn on Oct 20, 2026 for JPMorgan Ultra-Short Income ETF.

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Answers cite the figures on this page.

GSST costs 0.02 points a year less; their one-year returns differ by 0.5 points; JPST is far larger, $42.8bn against $1.7bn.

GSST vs JPST: Differences, Returns & Fees
GSSTJPST
Expense ratio0.16%0.18%
Net assets, as of Oct 19, 2026$1.7bn$42.8bn
Total return, 1 year+3.9%+3.4%
What it tracksNo index, actively managedNo index, actively managed
Holdings in common11%

Holdings in common uses holdings dated May 31, 2026.

+3.9%
GSST total return, 1 year
+3.4%
JPST total return, 1 year
0.16%
GSST expense ratio
0.18%
JPST expense ratio

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Client brief · page 1 of 2Report BR-C62983DF62

GSST and JPST are built for the same job. How do they differ in cost, holdings and results?

  1. Holdings in common. 11% of the weight is in the same securities (holdings dated May 31, 2026).
  2. Size. GSST has $1.7bn in net assets and JPST $42.8bn (net assets, as of Oct 19, 2026); JPST is 25.2 times larger.
  3. What each follows (similar). Both follow No index, actively managed.

Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.

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What they hold in common

By the books each fund has filed, GSST and JPST hold 11% of their money in the same securities at the same weight. Holdings dated May 31, 2026.

half

11% in common

Positions both hold, largest shared weight first
Holding GSST JPST
T 3.375 02/29/28, due Feb 29, 2028 1.15% 2.31%
COF V1.878 11/02/27, due Nov 2, 2027 0.45% 0.59%
BMW 4.3 03/17/28 144A, due Mar 17, 2028 0.46% 0.44%
C V4.876 11/19/27, due Nov 19, 2027 0.36% 0.40%
MUFG V1.538 07/20/27, due Jul 20, 2027 0.45% 0.34%
SANTAN V1.722 09/14/27, due Sep 14, 2027 0.31% 0.32%
CCDJ 4.505 05/26/28 144A, due May 26, 2028 0.31% 0.50%
AER 2.45 10/29/26, due Oct 29, 2026 0.74% 0.28%
T 3.875 10/15/27, due Oct 15, 2027 1.06% 0.26%
SOCGEN 5.25 02/19/27 144a, due Feb 19, 2027 0.73% 0.25%
ABNANV V6.339 09/18/27 144A, due Sep 18, 2027 0.25% 0.44%
JXN F 09/12/28 144A, due Sep 12, 2028 0.70% 0.23%
Only in GSST
T 2.625 05/31/27, due May 31, 2027 1.20%
T 4.375 07/15/27, due Jul 15, 2027 0.93%
Oracle Corp. 0% CP 02/10/2026, due Oct 2, 2026 0.92%
JPM V1.47 09/22/27, due Sep 22, 2027 0.88%
CRM 4.5 03/15/28, due Mar 15, 2028 0.82%
MS F 11/17/28 ., due Nov 17, 2028 0.79%
FITB F 01/28/28, due Jan 28, 2028 0.78%
TFC F 07/24/28 BKNT, due Jul 24, 2028 0.77%
Only in JPST
U.S. Treasury Notes, due Sep 30, 2026 0.70%
Ventas Realty LP, due Jun 1, 2026 0.65%
National Bank of Canada, due Apr 5, 2027 0.59%
Athene Global Funding, due Aug 27, 2026 0.58%
First Abu Dhabi Bank PJSC, due Nov 10, 2026 0.58%
Energy Transfer LP, due Jun 1, 2026 0.58%
DNB Bank ASA, due Feb 24, 2027 0.54%
Royal Bank of Canada, due Mar 24, 2027 0.54%

Check overlap with more funds →

On the same fields

GSST
Goldman Sachs Ultra Short Bond ETF
JPST
JPMorgan Ultra-Short Income ETF
Where it sits Bond ETF Bond ETF
What it is Actively managed Actively managed
Total return, 1 year +3.9% +3.4%
Its benchmark over the same days not measured −1.9% (AGG)
Gap to its benchmark not measured +5.4 pts vs AGG
Expense ratio 0.16% 0.18%
Holdings 357 824
Net assets, GSST as of Oct 19, 2026 and JPST as of Oct 20, 2026 $1.7bn $42.8bn

GSST and JPST on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About GSST

GSST is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +3.9% with distributions reinvested. The prospectus expense ratio is 0.16% a year.

About JPST

JPST is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +3.4% with distributions reinvested, against −1.9% for its benchmark, the Bloomberg U.S. Aggregate Index. The prospectus expense ratio is 0.18% a year.

Questions people ask

Which returned more over the last year, GSST or JPST?
In the year to Oct 20, 2026, with distributions reinvested, GSST returned +3.9% and JPST +3.4%.
Which is cheaper, GSST or JPST?
GSST is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.
Cite this pageCitation, APA and Markdown

ETFIQ, GSST against JPST, data as of Oct 20, 2026. https://etfiq.com/compare/any/gsst-vs-jpst

Open data

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