# GCAL (Goldman Sachs Dynamic California Municipal Income ETF)

Goldman Sachs · Bond ETFs · Municipal high yield · data as of Oct 2, 2026

GCAL is actively managed and returned −0.6% over the past year.

## Key facts

- GCAL, total return, 1 year: −0.6%, as of Oct 2, 2026.
- GCAL, expense ratio: 0.30%, as of Oct 2, 2026.
- GCAL, holdings: 340, as of Oct 2, 2026.
- GCAL, below its high: −4.3%, as of Oct 2, 2026.
- GCAL, net assets: $206m (the issuer’s own daily fund list, as of Oct 1, 2026).

## GCAL over each window to Oct 2, 2026

| Window | Total return | S&P 500 | Gap to S&P 500 | Gap to Nasdaq-100 |
| --- | --- | --- | --- | --- |
| 3 months | −4.3% | +3.6% | −7.9 pts | −9.6 pts |
| 6 months | −2.5% | +17.9% | −20.4 pts | −30.9 pts |
| 1 year | −0.6% | +16.2% | −16.9 pts | −24.9 pts |
| Since listing | +4.1% | +46.7% | −42.6 pts | −61.4 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| What it tracks | No index, actively managed | ETFIQ |
| Fund type | Bond fund | ETFIQ |
| Category | Bonds · Municipal high yield | ETFIQ |
| Expense ratio | 0.30% | 485BPOS XBRL, Dec 29, 2025 |
| Price | $48.50 | ETFIQ |
| Listed since | Jul 25, 2024 | ETFIQ |
| Net assets | $206m | the issuer’s own daily fund list, as of Oct 1, 2026 |
| Below its high | −4.3% | ETFIQ |
| Holdings | 340 | ETFIQ |
| Top ten weight | 10.2% | ETFIQ |
| Holdings as of | May 31, 2026 | SEC N-PORT |

## Questions

### How has GCAL performed?

Over the year to Oct 2, 2026, GCAL returned −0.6% with distributions reinvested, against +16.2% for the S&P 500. Over three years the figure is not published.

### What does GCAL cost?

The prospectus expense ratio is 0.30% a year.

### How far is GCAL below its high?

4.3% below its high of Jul 2, 2026, measured on the reinvested series to Oct 2, 2026.


## Cite this page

ETFIQ, GCAL, data as of Oct 2, 2026. https://etfiq.com/funds/gcal
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/gcal  ·  JSON: https://etfiq.com/funds/gcal.json