GUSA vs VOO
Goldman Sachs MarketBeta US 1000 Equity ETF vs Vanguard S&P 500 ETF
Which is better, GUSA or VOO?
Nearly the same fund. VOO costs less.
VOO has a lower expense ratio. VOO led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 1.00. GUSA is less concentrated, with 34.4% of the fund in its ten largest positions against 36.4%.
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 | GUSA | VOO |
|---|---|---|
| Expense Ratio | 0.10% | 0.03%Best |
| AUM | $2.4B | $997.4B |
| Dividend Yield | 0.99% | 1.04% |
| Holdings | 1,009 | 509 |
| YTD Return | +11.41% | +11.55%Best |
| 1Y Return | +16.82% | +17.54%Best |
| 3Y Return (annualized) | +20.17% | +20.71%Best |
| 5Y Return (annualized) | - | +12.80% |
| Volatility (annualized) | 15.4% | 15.2%Best |
| Max Drawdown | -19.6% | -19.2%Best |
| $10,000 over 4.4 years | $17,888 | $18,333Best |
| Top 10 Weight | 34.4%Best | 36.4% |
| Fund Family | Goldman Sachs Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 5, 2022 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 4.4 years row, are measured over the window both funds cover: Apr 12, 2022 to Sep 10, 2026 (4.4 years).
GUSA vs VOO 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 covers the 4.4 years both funds cover.
GUSA vs VOO Performance
Goldman Sachs MarketBeta US 1000 Equity ETF (GUSA) is an ETF from Goldman Sachs Asset Management and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year GUSA returned +16.82% while VOO returned +17.54%. Year to date, GUSA is up 11.41% versus a gain of 11.55% for VOO.
Over three years, GUSA compounded at +20.17% per year against +20.71% for VOO. Across the full 4-year window we track, VOO has the edge at +14.77% annualized vs +14.13%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GUSA has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 15.2% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -19.6% for GUSA and -19.2% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 1.00. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
GUSA charges 0.10% per year while VOO charges 0.03%. On a $10,000 position that is $10 vs $3 annually, a gap of $7 per year that compounds over a long holding period. On income, GUSA currently yields 0.99% against 1.04% for VOO.
Holdings Overlap
90.9% of GUSA's money is in holdings VOO also owns. 98.8% of VOO's money is in holdings GUSA also owns.
Most of VOO is already inside GUSA. Owning both mostly buys the same companies twice.
The two holdings books were reported 48 days apart, GUSA as of Aug 17, 2026 and VOO as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
472 positions in common, counted across the 881 positions we hold weights for in GUSA and 505 in VOO, against full books of 1,009 and 509.
What only one of them owns
Our book lists 28 positions for VOO that do not appear in our book for GUSA (0.9% of the fund), and 349 for GUSA that do not appear in VOO (6.8%).
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 GUSA | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 7.30% | 7.51% | 0.21% |
| AAPLApple, Inc | 6.09% | 6.59% | 0.50% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 4.91% | 4.30% | 0.61% |
| AMZNAmazon.Com Inc | 3.50% | 3.62% | 0.12% |
| GOOGLAlphabet A Usd 0.001 | 2.80% | 3.25% | 0.45% |
| AVGOBroadcom Inc | 2.55% | 2.77% | 0.22% |
| GOOGAlphabet Inc | 2.42% | 2.59% | 0.17% |
| METAMeta Platforms, Inc. | 1.74% | 1.92% | 0.18% |
| MUMicron Technology, Inc. | 1.59% | 2.02% | 0.43% |
| TSLATesla Inc | 1.45% | 1.84% | 0.39% |
98.8% of VOO is already inside GUSA.
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, GUSA or VOO?
GUSA has an expense ratio of 0.10% while VOO charges 0.03%. VOO is the cheaper option, by $7 a year on a $10,000 investment.
Which performed better, GUSA or VOO?
Over the past year GUSA returned +16.82% vs +17.54% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (4 years), GUSA annualized +14.13% vs +14.77% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GUSA or VOO?
GUSA has been the more volatile fund at 15.4% annualized versus 15.2% for VOO. Worst drawdown: GUSA -19.6% vs VOO -19.2%.
Should I hold both GUSA and VOO?
GUSA and VOO have a monthly-return correlation of 1.00, 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 GUSA and VOO?
98.8% of VOO's money is in holdings GUSA also owns. 98.8% of VOO's is in holdings GUSA also owns. They hold 472 positions in common, counted across the 881 positions we hold weights for in GUSA and 505 in VOO.
Which pays a higher dividend, GUSA or VOO?
GUSA yields 0.99% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than GUSA?
VOO has a lower expense ratio. VOO led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 1.00. GUSA is less concentrated, with 34.4% of the fund in its ten largest positions against 36.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.