From Nasdaq: 2024-05-09 06:20:05

Goldman Sachs MarketBeta U.S. 1000 Equity ETF (GUSA) is a new passively managed fund offering broad exposure to Large Cap Blend segment of US equity market. With over $1.61 billion in assets, GUSA has an expense ratio of 0.11% and a 12-month trailing dividend yield of 1.27%.

Large Cap Blend companies offer stability and potential for growth. GUSA has the heaviest sector allocation to Information Technology, with top holdings including Microsoft, Apple, and Nvidia. The ETF seeks to match the Solactive GBS US 1000 Index’s performance, gaining about 8.93% this year and 27.26% in the last year.

GUSA offers investors diversified exposure to Large Cap Blend area of the market. Other ETF options like iShares Core S&P 500 ETF and SPDR S&P 500 ETF track similar indexes. Passively managed ETFs like GUSA are popular due to their low costs, transparency, and tax efficiency, making them a good choice for long-term investors.



Read more at Nasdaq: Should Goldman Sachs MarketBeta U.S. 1000 Equity ETF (GUSA) Be on Your Investing Radar?