GSUSvsSPYETF Comparison
VS
Goldman Sachs MarketBeta U.S. Equity ETF (GSUS) and State Street SPDR S&P 500 ETF Trust (SPY) belong to the same industry segment: US Large Cap. GSUS's top 3 sector exposures are Technology, Finance and Healthcare. In contrast, SPY's top sector exposures are Technology, Finance and Consumer Non-Cyclicals. GSUS is less expensive with a Total Expense Ratio (TER) of 0.09%, versus 0.0945% for SPY. GSUS is up 11.69% year-to-date (YTD) with +$94M in YTD flows. SPY performs better with 11.74% YTD performance, and +$8.43B in YTD flows. Run a side-by-side ETF comparison of GSUS and SPY 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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GSUS vs SPY performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/10/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | GSUS SPY | -1.83%-1.96% | +4.98%+4.72% | +11.69%+11.74% | +17.22%+17.48% | +76.76%+75.41% | +79.71%+82.07% |
| Flows | GSUS SPY | +$159M+$7.55B | +$216M+$4.59B | +$94M+$8.43B | +$207M+$29.88B | +$1.03B+$70.40B | +$1.62B+$83.47B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | GSUS SPY | +12.12%+12.20% | +12.98%+12.83% | +15.20%+15.03% | +17.50%+17.03% |
| Max drawdown | GSUS SPY | -3.52%-3.40% | -9.17%-8.89% | -19.14%-18.74% | -25.66%-24.50% |
| Max drawdown duration | GSUS SPY | 19d19d | 92d76d | 126d126d | 715d708d |
Trading data
GSUS | SPY | |
Last sale 9/11/2026 at 1:30 PM | $105.72 | $764.29 |
| Previous close 09/10/2026 | $104.84 | $757.83 |
| Consolidated volume 09/10/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
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GSUS | SPY | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 9/11/2026 at 1:30 PM
Live
Closed
GSUS | SPY | |
|---|---|---|
| Last price | $105.72 | $764.29 |
| 1D performance | +0.84% | +0.85% |
| AuM | $3.39 B | $799.37 B |
| E/R | 0.09% | 0.0945% |
Characteristics
GSUS | SPY | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Goldman Sachs | State Street Investment Management |
| Benchmark | Solactive GBS United States Large & Mid Cap Index | S&P 500 Index |
| N° of holdings | 408 | 497 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | May 12, 2020 | January 22, 1993 |
| ESG | No | No |
Exposure
Countries
GSUS
USA
96.15%
Other
3.85%
SPY
USA
96.41%
Other
3.59%
Sectors
GSUS
Technology
45.11%
Finance
13.74%
Healthcare
9.17%
Consumer Non-Cycl.
9.05%
Industrials
7.74%
Other
15.18%
SPY
Technology
44.7%
Finance
13.9%
Consumer Non-Cycl.
9.41%
Healthcare
8.88%
Industrials
7.86%
Other
15.24%
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Diversification
GSUS
Total weight of top 15 holdings out of 15
43.69%
SPY
Total weight of top 15 holdings out of 15
43.98%
Top 15 holdings
Data as of July 31, 2026
GSUS
Apple, Inc.
7.72%
NVIDIA Corp.
7.36%
Microsoft Corp.
4.57%
Amazon.com, Inc.
3.56%
Alphabet, Inc.
3.04%
Broadcom Inc.
2.85%
Alphabet, Inc.
2.65%
Meta Platforms, Inc.
2.08%
Tesla, Inc.
1.66%
Micron Technology, Inc.
1.62%
Eli Lilly & Co.
1.62%
JPMorgan Chase & Co.
1.54%
Advanced Micro Devices, Inc.
1.29%
Berkshire Hathaway, Inc.
1.10%
Johnson & Johnson
1.03%
SPY
NVIDIA Corp.
7.55%
Apple, Inc.
7.04%
Microsoft Corp.
5.36%
Amazon.com, Inc.
4.13%
Alphabet, Inc.
3.24%
Broadcom Inc.
2.86%
Alphabet, Inc.
2.62%
Meta Platforms, Inc.
1.90%
JPMorgan Chase & Co.
1.46%
Berkshire Hathaway, Inc.
1.46%
Micron Technology, Inc.
1.44%
Eli Lilly & Co.
1.41%
Tesla, Inc.
1.36%
Advanced Micro Devices, Inc.
1.21%
Johnson & Johnson
0.96%
Frequently asked questions about GSUS and SPY
How have the GSUS and SPY ETFs performed in 2026?
As of September 10, 2026, GSUS is up 11.69% year-to-date (YTD), while SPY has returned 11.74%. That puts SPY better performer ahead so far this year.
Which ETF is attracting more investor money: GSUS or SPY?
Year-to-date, the GSUS ETF saw +$94M in flows, compared to +$8.43B for SPY.
Which ETF is more volatile: GSUS or SPY?
Over the past year, GSUS had a volatility of 12.98%, while SPY experienced 12.83%.
Which ETF is bigger: GSUS or SPY?
As of September 10, 2026, GSUS holds $3.39 B in assets under management (AUM), while SPY manages $799.37 B.
What sectors do the GSUS and SPY ETFs invest in?
GSUS leans toward sectors like Technology, Finance and Healthcare. Meanwhile, SPY focuses on Technology, Finance and Consumer Non-Cyclicals.
What are the top holdings of the GSUS ETF and SPY ETF?
GSUS top holdings include Apple, Inc., NVIDIA Corp. and Microsoft Corp.. SPY holds in its top three: NVIDIA Corp., Apple, Inc. and Microsoft Corp..
Which ETF is more diversified: GSUS or SPY?
GSUS holds 411 securities with 43.69% of its assets in the top 15. SPY has 500 securities and a top 15 weight of 43.98%.
Latest news about GSUS & SPY
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