Looking for broad exposure to the Large Cap Blend segment of the US equity market? You should consider the Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW), a passively managed exchange traded fund launched on September 12, 2017.
The fund is sponsored by Goldman Sachs Funds. It has amassed assets over $1.39 billion, making it one of the larger ETFs attempting to match the Large Cap Blend segment of the US equity market.
Why Large Cap Blend
Companies that fall in the large cap category tend to have a market capitalization above $10 billion. Considered a more stable option, large cap companies boast more predictable cash flows and are less volatile than their mid and small cap counterparts.
Typically holding a combination of both growth and value stocks, blend ETFs also demonstrate qualities seen in value and growth investments.
Costs
Cost is an important factor in selecting the right ETF, and cheaper funds can significantly outperform their more expensive counterparts if all other fundamentals are the same.
Annual operating expenses for this ETF are 0.09%, making it one of the least expensive products in the space.
It has a 12-month trailing dividend yield of 1.58%.
Sector Exposure and Top Holdings
While ETFs offer diversified exposure, which minimizes single stock risk, a deep look into a fund's holdings is a valuable exercise. And, most ETFs are very transparent products that disclose their holdings on a daily basis.
This ETF has heaviest allocation to the Financials sector -- about 16.6% of the portfolio. Information Technology and Industrials round out the top three.
Looking at individual holdings, Fair Isaac Inc (FICO) accounts for about 0.24% of total assets, followed by Ast Spacemobile Inc (ASTS) and Circle Internet Group Inc. (CRCL).
The top 10 holdings account for about 2.2% of total assets under management.
Performance and Risk
GSEW seeks to match the performance of the Solactive US Large Cap Equal Weight Index before fees and expenses. The Solactive US Large Cap Equal Weight Index is an equal-weight version of the Solactive US Large Cap Index including equity securities of approximately 500 of the largest U.S. companies.
The ETF has gained about 9.37% so far this year and is up about 5.91% in the last one year (as of 11/17/2025). In the past 52-week period, it has traded between $67.22 and $86.32.
The ETF has a beta of 1.02 and standard deviation of 14.82% for the trailing three-year period. With about 502 holdings, it effectively diversifies company-specific risk.
Alternatives
Goldman Sachs Equal Weight U.S. Large Cap Equity ETF holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, GSEW is a great option for investors seeking exposure to the Style Box - Large Cap Blend segment of the market. There are other additional ETFs in the space that investors could consider as well.
The iShares Core S&P 500 ETF (IVV) and the Vanguard S&P 500 ETF (VOO) track a similar index. While iShares Core S&P 500 ETF has $712.92 billion in assets, Vanguard S&P 500 ETF has $788.67 billion. IVV has an expense ratio of 0.03% and VOO charges 0.03%.
Bottom-Line
While an excellent vehicle for long term investors, passively managed ETFs are a popular choice among institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency.
To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.
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Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW): ETF Research ReportsThis article originally published on Zacks Investment Research (zacks.com).
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