Goldman Sachs ActiveBeta® U.S. Large Cap Equity ETF

10-Year Study

GSLC.US · · US · ETF

Executive Summary: Goldman Sachs ActiveBeta® U.S. Large Cap Equity ETF has compounded at 14.1% annually over the last 10 years, with a maximum drawdown of 24.5% and an annualized volatility of 12.3%.

1Y CAGR
+18.6%
3Y CAGR
+19.8%
5Y CAGR
+11.6%
10Y CAGR
+14.1%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
24.5%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.71
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.99
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
15.0%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2019 · +30.7%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -18.7%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
80%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20260.7-0.8-5.47.6————————1.7%
20252.9-1.3-5.6-0.86.24.92.22.23.01.30.30.316.2%
20241.95.43.3-4.54.73.41.32.42.1-0.86.8-3.424.2%
20236.0-2.33.41.4-0.16.63.2-1.7-4.6-2.19.04.925.1%
2022-6.3-3.03.3-8.20.0-8.08.9-4.0-9.08.35.4-5.7-18.7%
2021-0.81.64.05.10.63.12.63.0-5.16.8-0.64.627.2%
20200.4-7.6-12.512.55.41.66.16.3-3.3-2.510.43.719.0%
20198.13.21.73.9-6.36.71.8-1.31.82.13.62.630.7%
20185.9-3.4-1.80.12.30.53.53.60.4-7.11.7-8.9-4.1%
20171.64.3-0.11.21.80.31.80.32.12.63.51.222.5%
2016———-0.71.50.83.7-0.4-0.2-2.12.91.67.1%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 12.3%. The dominant macroeconomic risk driver is VTI.US, accounting for 97.7% of variance. Idiosyncratic stock-specific factors contribute 0.5%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-019930.9080771025
2016-05-0110078.642783993198
2016-06-0110156.540269577194
2016-07-0110529.76915071866
2016-08-0110484.305947757342
2016-09-0110466.170353133428
2016-10-0110242.774055886339
2016-11-0110538.243469667734
2016-12-0110710.048554811177
2017-01-0110881.467188927627
2017-02-0111349.845833643873
2017-03-0111341.951191235292
2017-04-0111472.875278451766
2017-05-0111683.822331900705
2017-06-0111714.821224994546
2017-07-0111929.1083194625
2017-08-0111968.0570622545
2017-09-0112216.462261677032
2017-10-0112529.708422700134
2017-11-0112962.864816670393
2017-12-0113118.632184193602
2018-01-0113888.138989872223
2018-02-0113421.030112816097
2018-03-0113181.596097948774
2018-04-0113193.934927167784
2018-05-0113502.43326128782
2018-06-0113568.267954100658
2018-07-0114049.04063532549
2018-08-0114559.542441984038
2018-09-0114619.745991260685
2018-10-0113584.55410452396
2018-11-0113818.467390434233
2018-12-0112584.336035730157
2019-01-0113600.28818205156
2019-02-0114035.708074894208
2019-03-0114278.150887043126
2019-04-0114828.374338547661
2019-05-0113893.74252976363
2019-06-0114828.954015088151
2019-07-0115101.457196408212
2019-08-0114904.643209089329
2019-09-0115171.073588556634
2019-10-0115485.175462568077
2019-11-0116042.46544713764
2019-12-0116453.51132163491
2020-01-0116524.756328825657
2020-02-0115262.800500178044
2020-03-0113360.854167184236
2020-04-0115024.857082129123
2020-05-0115838.971377780721
2020-06-0116088.480722994665
2020-07-0117067.664814462103
2020-08-0118147.07774014481
2020-09-0117546.33961868325
2020-10-0117107.993739493362
2020-11-0118879.40243629769
2020-12-0119582.080817951202
2021-01-0119429.43266228873
2021-02-0119745.052736763366
2021-03-0120529.52071791559
2021-04-0121582.98621750016
2021-05-0121702.344377551613
2021-06-0122381.200813755448
2021-07-0122969.15844768143
2021-08-0123650.775248363796
2021-09-0122443.75067283884
2021-10-0123959.494411642114
2021-11-0123818.605408658157
2021-12-0124903.18021591571
2022-01-0123343.1326272321
2022-02-0122631.17942093074
2022-03-0123382.357406471947
2022-04-0121465.33948342539
2022-05-0121470.58417593459
2022-06-0119758.247278970714
2022-07-0121516.8202809499
2022-08-0120652.025693472566
2022-09-0118797.888873246826
2022-10-0120367.459719381346
2022-11-0121471.191456119865
2022-12-0120243.132903268543
2023-01-0121450.32310066221
2023-02-0120961.048496843523
2023-03-0121674.188659870648
2023-04-0121975.7308755048
2023-05-0121943.710647553904
2023-06-0123388.098964587283
2023-07-0124127.490193805188
2023-08-0123728.313886565582
2023-09-0122638.57719773319
2023-10-0122154.76811558198
2023-11-0124138.310822561012
2023-12-0125322.89363487555
2024-01-0125808.772990385653
2024-02-0127196.270195516612
2024-03-0128099.3510383111
2024-04-0126824.20066745613
2024-05-0128077.709780799454
2024-06-0129038.482241195128
2024-07-0129415.90687634395
2024-08-0130127.25280246004
2024-09-0130746.07131125594
2024-10-0130492.890681285557
2024-11-0132559.161511686005
2024-12-0131453.718348970797
2025-01-0132373.996262466495
2025-02-0131947.989212495617
2025-03-0130150.52267501401
2025-04-0129920.44629572889
2025-05-0131771.98837334482
2025-06-0133338.8264586456
2025-07-0134083.18634392485
2025-08-0134819.29273941331
2025-09-0135870.96400208683
2025-10-0136347.292496501235
2025-11-0136443.65682044657
2025-12-0136538.94460224528
2026-01-0136803.93959218376
2026-02-0136508.580592981496
2026-03-0134540.44071979264
2026-04-0137148.98515199948
Annual Return Matrix
YearAnnual Return
20170.22489007561972607
2018-0.040728037874802725
20190.3074596287733553
20200.19014600805619564
20210.27173309350692554
2022-0.18712659476595328
20230.2509374786936662
20240.2421060089930509
20250.1616732939760961
20260.016695625897106714
Total Factor Risk
0.12343385253053808
VTI.US Exposure
0.9767500379666981
VEA.US Exposure
-0.009916338215378502
VWO.US Exposure
-0.004960402307523144
QQQ.US Exposure
-0.04577193648945742
VTV.US Exposure
0.03961672813589953
IJR.US Exposure
-0.076612893530864
QUAL.US Exposure
0.09546907069678005
SHV.US Exposure
0.031016086177442004
TLT.US Exposure
-0.0071001998311835506
LQD.US Exposure
0.009293368628688847
HYG.US Exposure
-0.009785330092366139
GLD.US Exposure
0.0004543303571157941
USO.US Exposure
0.0039305883419449026
VNQ.US Exposure
-0.012104682628421858
BTC-USD.CC Exposure
-0.0003513823443981083
CPER.US Exposure
-0.006955712578235438
VIX.INDX Exposure
0.006009817312556566
UUP.US Exposure
-0.0034307873475191365
TIP.US Exposure
0.009869171292295748
Idiosyncratic Exposure
0.004580466455925777
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
12.3%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$94
Avg Yield on Cost
0.94%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$94.130.94%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+3.7%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+4.3%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
0.1% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.01
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Goldman Sachs ActiveBeta® U.S. Large Cap Equity ETF a high-risk investment?

Goldman Sachs ActiveBeta® U.S. Large Cap Equity ETF (GSLC.US) has an annualized volatility of 12.3% and experienced a maximum drawdown of 24.5% over the last 10 years. Its primary macro risk driver is VTI.US.

What is the 10-year return of GSLC.US?

Over the past 10 years, GSLC.US has generated a Compound Annual Growth Rate (CAGR) of 14.1%. It has had a positive return in 80% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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