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FQALvsGUSEETF Comparison

ETF 1
FQAL

Fidelity Quality Factor ETF

This fund is part of
US Multi-Factor
-1.31%
VS
ETF 2
GUSE

Goldman Sachs Enhanced U.S. Equity ETF

This fund is part of
US All Cap
-1.51%

Fidelity Quality Factor ETF (FQAL) belongs to the US Multi-Factor segment. Goldman Sachs Enhanced U.S. Equity ETF (GUSE) is part of the US All Cap segment. FQAL's top 3 sector exposures are Information Technology, Communication Services and Financials. In contrast, GUSE's top sector exposures are Information Technology, Communication Services and Consumer Discretionary. FQAL is less expensive with a Total Expense Ratio (TER) of 0.15%, versus 0.3% for GUSE. FQAL is up 4.89% year-to-date (YTD) with +$160M in YTD flows. GUSE performs better with 7.5% YTD performance, and -$20M in YTD flows. Run a side-by-side ETF comparison of FQAL and GUSE below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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FQAL vs GUSE performance and flow charts

Performance

-1.00.01.02.03.04.0%May 11May 18May 25Jun 1Jun 8

Cumulative Flows

-8 M-6 M-4 M-2 M0 MMay 11May 18May 25Jun 1Jun 8

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Historic performance and flows
Data as of 06/10/2026
1M3MYTD1Y3Y5Y
Perf.
FQAL
GUSE
-0.46%-0.98%
+4.80%+7.36%
+4.89%+7.50%
+16.88%n/a
+66.16%n/a
+73.79%n/a
Flows
FQAL
GUSE
-$4M-$907K
+$152M-$11M
+$160M-$20M
+$159M-
+$651M-
+$754M-
Volatility and drawdown
3M1Y3Y5Y
Volatility
FQAL
GUSE
+13.49%+15.85%
+11.32%n/a
+13.96%n/a
+16.29%n/a
Max drawdown
FQAL
GUSE
-6.20%-6.27%
-8.44%n/a
-16.70%n/a
-25.39%n/a
Max drawdown duration
FQAL
GUSE
29d28d
50dn/a
126dn/a
750dn/a
Trading data

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FQAL
GUSE
Last sale
6/11/2026 at 5:42 PM
$80.12
$43.96
Previous close
06/10/2026
$79.09
$43.53
Consolidated volume
06/10/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of May 29, 2026
1-year trailing difference

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GUSE
is actively managed and doesn’t replicate an index

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FQAL
GUSE
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 6/11/2026 at 5:42 PM
Live
Closed
FQAL
GUSE
Last price
$80.12
$43.96
1D performance
+1.30%
+0.99%
AuM$1.37 B$344.26 M
E/R0.15%0.3%
Characteristics
FQAL
GUSE
Management strategyPassiveActive
ProviderFidelityGoldman Sachs
BenchmarkFidelity U.S. Quality Factor Index-
N° of holdings119111
Asset classEquities-
Trailing 12m distribution yield
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Inception dateSeptember 12, 2016November 14, 2025
ESGNoNo
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Exposure

Countries

FQAL
USA
97.66%
Other
2.34%
GUSE
USA
94.49%
Other
5.51%

Sectors

FQAL
Information Techn.
36.33%
Communication Ser.
10.24%
Financials
9.8%
Consumer Discreti.
9.67%
Industrials
9%
Health Care
8.67%
Other
16.3%
GUSE
Information Techn.
35.54%
Communication Ser.
10.34%
Consumer Discreti.
9.78%
Financials
9.76%
Industrials
7.97%
Other
26.61%
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Diversification

FQAL

Total weight of top 15 holdings out of 15

44.65%
GUSE

Total weight of top 15 holdings out of 15

46.62%

Top 15 holdings

Data as of April 30, 2026
FQAL
NVIDIA
8.69%
APPLE
6.55%
ALPHABET INC-CL
5.68%
MICROSOFT-T
5.31%
BROADCOM LIMITED
3.82%
META PLATFORMS
2.47%
JPMORGAN CHASE
1.85%
LILLY
1.44%
VISA INCORPORATION
1.33%
JOHNSON&JOHNSON
1.30%
APPLIED MATERIAL
1.30%
KLA CORPORATION
1.27%
US5128073062
1.23%
HOME DEPOT
1.22%
CISCO-T
1.18%
GUSE
NVIDIA
8.46%
APPLE
6.09%
MICROSOFT-T
5.25%
AMAZON.COM INC
4.44%
ALPHABET INC-CL
3.56%
BROADCOM LIMITED
3.08%
META PLATFORMS
2.67%
ALPHABET INC-CL
2.40%
TESLA
1.80%
JPMORGAN CHASE
1.63%
JOHNSON&JOHNSON
1.56%
BERKSHIRE HATHWAY
1.54%
MASTERCARD
1.48%
PROCTERGAMBLE
1.41%
LILLY
1.23%
Frequently asked questions about FQAL and GUSE

How have the FQAL and GUSE ETFs performed in 2026?

As of June 10, 2026, FQAL is up 4.89% year-to-date (YTD), while GUSE has returned 7.5%. That puts GUSE better performer ahead so far this year.

Which ETF is attracting more investor money: FQAL or GUSE?

Year-to-date, the FQAL ETF saw +$160M in flows, compared to -$20M for GUSE.

Which ETF is bigger: FQAL or GUSE?

As of June 10, 2026, FQAL holds $1.37 B in assets under management (AUM), while GUSE manages $344.26 M.

What sectors do the FQAL and GUSE ETFs invest in?

FQAL leans toward sectors like Information Technology, Communication Services and Financials. Meanwhile, GUSE focuses on Information Technology, Communication Services and Consumer Discretionary.

What are the top holdings of the FQAL ETF and GUSE ETF?

FQAL top holdings include NVIDIA, APPLE and ALPHABET INC-CL. GUSE holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: FQAL or GUSE?

FQAL holds 123 securities with 44.65% of its assets in the top 15. GUSE has 116 securities and a top 15 weight of 46.62%.

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