GUSA vs VOO
Goldman Sachs MarketBeta US 1000 Equity ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. GUSA offers more diversification with 1,009 holdings.
Side-by-Side Comparison
| Metric | GUSA | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.10% | 0.03% | |
| AUM | $2.4B | $997.4B | |
| Dividend Yield | 0.99% | 1.08% | |
| Holdings | 1,009 | 509 | |
| YTD Return | +14.41% | +14.27% | |
| 1Y Return | +21.58% | +21.79% | |
| 3Y Return (annualized) | +21.74% | +22.19% | |
| 5Y Return (annualized) | - | +13.28% | |
| Volatility (annualized) | 15.6% | 14.2% | |
| Max Drawdown | -19.6% | -34.3% | |
| Fund Family | Goldman Sachs Asset Management | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Apr 5, 2022 | Sep 7, 2010 |
GUSA vs VOO Performance
Goldman Sachs MarketBeta US 1000 Equity ETF (GUSA) is a ETF from Goldman Sachs Asset Management and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year GUSA returned +21.58% while VOO returned +21.79%. Year to date, GUSA is up 14.41% versus a gain of 14.27% for VOO.
Over three years, GUSA compounded at +21.74% per year against +22.19% for VOO. Across the full 4-year window we track, GUSA has the edge at +15.08% annualized vs +13.59%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GUSA has been the more volatile fund, with annualized monthly volatility of 15.6% compared with 14.2% 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 -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
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 1.08% for VOO.
Holdings Overlap
GUSA and VOO share 485 holdings out of 915 unique holdings combined, representing a 90.0% weight overlap.
High overlap means holding both may not provide much additional diversification.
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. On a $10,000 investment, that is $7 per year of difference.
Which performed better, GUSA or VOO?
Over the past year GUSA returned +21.58% vs +21.79% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (4 years), GUSA annualized +15.08% vs +13.59% for VOO. Past performance does not guarantee future results.
Which is riskier, GUSA or VOO?
GUSA has been the more volatile fund at 15.6% annualized versus 14.2% for VOO. Worst drawdown: GUSA -19.6% vs VOO -34.3%.
Should I hold both GUSA and VOO?
GUSA and VOO have a monthly-return correlation of 1.00, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between GUSA and VOO?
GUSA and VOO share 485 common holdings with a 90.0% weight overlap. Combined, they hold 915 unique securities.
Which pays a higher dividend, GUSA or VOO?
GUSA yields 0.99% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.
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