GSGO vs SAWG
Goldman Sachs Growth Opportunities ETF vs AAM Sawgrass US Large Cap Quality Growth ETF
Which is better, GSGO or SAWG?
SAWG has been ahead.
GSGO has a lower expense ratio. SAWG led over 1Y. The two have moved almost in lockstep, correlation 0.91. SAWG is less concentrated, with 30.3% of the fund in its ten largest positions against 53.7%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | GSGO | SAWG |
|---|---|---|
| Expense Ratio | 0.45%Best | 0.49% |
| AUM | $177M | $3M |
| Dividend Yield | 0.00% | 0.25% |
| Holdings | 107 | 2,359 |
| YTD Return | +4.00% | +12.35%Best |
| 1Y Return | +5.37% | +11.16%Best |
| Volatility (annualized) | 20.4% | 14.1%Best |
| Top 10 Weight | 53.7% | 30.3%Best |
| Fund Family | Goldman Sachs Asset Management | Advisors Asset Management, Inc. |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | May 24, 1999 | Jul 30, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Max Drawdown, $10,000 over the window.
GSGO vs SAWG growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
GSGO vs SAWG Performance
Goldman Sachs Growth Opportunities ETF (GSGO) is an ETF from Goldman Sachs Asset Management and AAM Sawgrass US Large Cap Quality Growth ETF (SAWG) is an ETF from Advisors Asset Management, Inc.. Over the past year GSGO returned +5.37% while SAWG returned +11.16%. Year to date, GSGO is up 4.00% versus a gain of 12.35% for SAWG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GSGO has been the more volatile fund, with annualized monthly volatility of 20.4% compared with 14.1% for SAWG. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
GSGO charges 0.45% per year while SAWG charges 0.49%. On a $10,000 position that is $45 vs $49 annually, a gap of $4 per year that compounds over a long holding period. On income, GSGO currently yields 0.00% against 0.25% for SAWG.
Holdings Overlap
92.3% of GSGO's money is in holdings SAWG also owns. 39.9% of SAWG's money is in holdings GSGO also owns.
Most of GSGO is already inside SAWG. Owning both mostly buys the same companies twice.
48 positions in common, counted across the 53 positions we hold weights for in GSGO and 1,140 in SAWG, against full books of 107 and 2,359.
What only one of them owns
Our book lists 411 positions for SAWG that do not appear in our book for GSGO (34.4% of the fund), and 4 for GSGO that do not appear in SAWG (2.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in GSGO | Weight in SAWG | Difference |
|---|---|---|---|
| NVDANvidia Corp | 12.24% | 6.18% | 6.06% |
| GOOGLAlphabet Inc | 9.34% | 2.44% | 6.90% |
| MSFTMicrosoft Corp | 7.12% | 4.51% | 2.61% |
| AAPLApple Inc | 2.28% | 5.90% | 3.62% |
| METAMeta Platforms Inc | 5.39% | 1.98% | 3.41% |
| AMDAdvanced Micro Devices Inc | 4.22% | 1.16% | 3.06% |
| GOOGAlphabet Inc. C | 3.37% | 1.92% | 1.45% |
| MUMicron Technology, Inc. | 3.74% | 1.27% | 2.47% |
| AVGOBroadcom Inc | 2.62% | 1.90% | 0.72% |
| AMZNAmazon.Com Inc | 1.07% | 2.95% | 1.88% |
92.3% of GSGO is already inside SAWG.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GSGO or SAWG?
GSGO has an expense ratio of 0.45% while SAWG charges 0.49%. GSGO is the cheaper option, by $4 a year on a $10,000 investment.
Which performed better, GSGO or SAWG?
Over the past year GSGO returned +5.37% vs +11.16% for SAWG, so SAWG leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GSGO or SAWG?
GSGO has been the more volatile fund at 20.4% annualized versus 14.1% for SAWG.
Should I hold both GSGO and SAWG?
GSGO and SAWG have a monthly-return correlation of 0.91, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between GSGO and SAWG?
92.3% of GSGO's money is in holdings SAWG also owns. 39.9% of SAWG's is in holdings GSGO also owns. They hold 48 positions in common, counted across the 53 positions we hold weights for in GSGO and 1,140 in SAWG.
Which pays a higher dividend, GSGO or SAWG?
GSGO yields 0.00% while SAWG yields 0.25%, so SAWG currently pays the higher dividend yield.
Is SAWG better than GSGO?
GSGO has a lower expense ratio. SAWG led over 1Y. The two have moved almost in lockstep, correlation 0.91. SAWG is less concentrated, with 30.3% of the fund in its ten largest positions against 53.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.