GSUS vs USMV: Differences, Returns & Fees

GSUS and USMV hold 36% of their weight in the same names, and GSUS returned +16.9% over the year. Net assets: $3.5bn on Oct 8, 2026 for Goldman Sachs MarketBeta U.S. Equity ETF, and $23.8bn on Oct 9, 2026 for iShares MSCI USA Min Vol Factor ETF.

GSUS costs 0.08 points a year less; their one-year returns differ by 9.4 points; USMV is 6.9 times larger.

GSUS vs USMV: Differences, Returns & Fees
GSUSUSMV
Expense ratio0.07%0.15%
Net assets, as of Oct 8, 2026$3.5bn$23.7bn
Total return, 1 year+16.9%+7.5%
What it tracksSolactive GBS United States Large & Mid Cap IndexMSCI USA Minimum Volatility (USD) Index
Holdings in common36%
Top ten holdings, share of the fund39.8%15.1%

Holdings in common uses holdings dated May 31, 2026 and Oct 9, 2026.

+16.9%
GSUS total return, 1 year
+7.5%
USMV total return, 1 year
0.07%
GSUS expense ratio
0.15%
USMV expense ratio

What they hold in common

By the books each fund has filed, GSUS and USMV hold 36% 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 Oct 9, 2026.

half

36% in common

Positions both hold, largest shared weight first
Holding GSUS USMV
MICROSOFT CORP 5.16% 1.66%
NVIDIA CORP 7.72% 1.59%
BERKSHIRE HATHAWAY INC 1.03% 1.46%
APPLE INC 6.98% 0.96%
EXXON MOBIL CORP 0.95% 1.49%
BROADCOM INC 3.25% 0.93%
ADVANCED MICRO DEVICES INC 1.31% 0.86%
VISA INC 0.86% 1.03%
JOHNSON & JOHNSON 0.85% 1.44%
ELI LILLY & COMPANY 1.46% 0.79%
MICRON TECHNOLOGY INC 1.71% 0.79%
CISCO SYSTEMS INC 0.75% 1.47%
Only in GSUS
ALPHABET INC 2.98%
TESLA INC 2.28%
JP MORGAN CHASE & COMPANY 1.26%
INTEL CORP 0.79%
CATERPILLAR INC 0.64%
GE AEROSPACE 0.53%
BANK OF AMERICA CORP 0.50%
GOLDMAN SACHS GROUP INC (THE) 0.47%
Only in USMV
WASTE CONNECTIONS 1.12%
TELEDYNE TECHNOLOGIES INC 0.86%
PTC 0.68%
F5 0.66%
LIBERTY MEDIA SERIES C 0.47%
FIRST CITIZENS BANCSHARES CLASS A 0.46%
INCYTE CORP 0.43%
UNITED THERAPEUTICS 0.42%

Check overlap with more funds →

On the same fields

GSUS
Goldman Sachs MarketBeta U.S. Equity ETF
USMV
iShares MSCI USA Min Vol Factor ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Tracks the MSCI USA Min Vol Factor
Total return, 1 year +16.9% +7.5%
Expense ratio 0.07% 0.15%
Already in the S&P 500 98.1% 93.0%
Holdings 413 176
Net assets, GSUS as of Oct 8, 2026 and USMV as of Oct 9, 2026 $3.5bn $23.8bn

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

About GSUS

GSUS tracks an index. Over the year to Oct 9, 2026 it returned +16.9% with distributions reinvested. The prospectus expense ratio is 0.07% a year. By its holdings filed for May 31, 2026, 98% of the fund by weight is stocks the S&P 500 also holds, across 413 positions, with the top ten at 39.8%.

About USMV

USMV tracks the MSCI USA Min Vol Factor. Over the year to Oct 9, 2026 it returned +7.5% with distributions reinvested. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 9, 2026, 93% of the fund by weight is stocks the S&P 500 also holds, across 176 positions, with the top ten at 15.1%.

Questions people ask

Which returned more over the last year, GSUS or USMV?
In the year to Oct 9, 2026, with distributions reinvested, GSUS returned +16.9% and USMV +7.5%.
Which is cheaper, GSUS or USMV?
GSUS is cheaper, by 0.08 percentage points a year. That is about $8 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do GSUS and USMV overlap with the S&P 500?
By their latest filed holdings, 98% of GSUS and 93% of USMV by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

ETFIQ, GSUS against USMV, data as of Oct 9, 2026. https://etfiq.com/compare/any/gsus-vs-usmv

Open data

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