FESC vs GSC
First Eagle Small Cap Equity ETF vs Goldman Sachs Small Cap Equity ETF
Which is better, FESC or GSC?
FESC costs less.
FESC has a lower expense ratio. FESC is less concentrated, with 10.4% of the fund in its ten largest positions against 16.3%.
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 | FESC | GSC |
|---|---|---|
| Expense Ratio | 0.55%Best | 0.75% |
| AUM | $5M | $286M |
| Dividend Yield | 0.00% | 0.22% |
| Holdings | 184 | 197 |
| YTD Return | -9.73% | +10.48%Best |
| 1Y Return | - | +14.01% |
| 3Y Return (annualized) | - | +14.86% |
| Top 10 Weight | 10.4%Best | 16.3% |
| Fund Family | First Eagle Investments | Goldman Sachs Asset Management |
| Category | Equity | Equity |
| Style | Small Cap Blend | Small Cap Blend |
| Inception | Jun 30, 2026 | Oct 3, 2023 |
Not shown on this pair: 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
FESC vs GSC 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.
FESC vs GSC Performance
First Eagle Small Cap Equity ETF (FESC) is an ETF from First Eagle Investments and Goldman Sachs Small Cap Equity ETF (GSC) is an ETF from Goldman Sachs Asset Management. Year to date, FESC is down 9.73% versus a gain of 10.48% for GSC.
Past performance does not guarantee future results.
Fees and Cost Over Time
FESC charges 0.55% per year while GSC charges 0.75%. On a $10,000 position that is $55 vs $75 annually, a gap of $20 per year that compounds over a long holding period. On income, FESC currently yields 0.00% against 0.22% for GSC.
Holdings Overlap
8.5% of FESC's money is in holdings GSC also owns. 18.5% of GSC's money is in holdings FESC also owns.
GSC and FESC share little of their money.
16 positions in common, counted across the 181 positions we hold weights for in FESC and 98 in GSC, against full books of 184 and 197.
What only one of them owns
Our book lists 76 positions for GSC that do not appear in our book for FESC (76.4% of the fund), and 159 for FESC that do not appear in GSC (87.5%).
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 FESC | Weight in GSC | Difference |
|---|---|---|---|
| COLBColumbia Banking System Inc Common Stock | 0.74% | 1.44% | 0.70% |
| VLYValley National Bancorp | 0.61% | 1.53% | 0.92% |
| TEXTerex Corp | 0.47% | 1.67% | 1.20% |
| CMCCommercial Metals Co | 0.86% | 1.20% | 0.34% |
| GBCIGlacier Bancorp Inc | 0.54% | 1.44% | 0.90% |
| NMIHNmi Holdings Inc. | 0.45% | 1.49% | 1.04% |
| CHEFChefs' Warehouse, Inc. | 0.72% | 1.20% | 0.48% |
| GFFGriffon Corp. | 0.67% | 1.25% | 0.58% |
| COHUCohu Inc | 0.34% | 1.44% | 1.10% |
| ONTOOnto Innovation Inc | 0.47% | 1.29% | 0.82% |
You are not choosing between two funds in isolation.
Whichever of FESC and GSC you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FESC or GSC?
FESC has an expense ratio of 0.55% while GSC charges 0.75%. FESC is the cheaper option, by $20 a year on a $10,000 investment.
What is the holdings overlap between FESC and GSC?
18.5% of GSC's money is in holdings FESC also owns. 18.5% of GSC's is in holdings FESC also owns. They hold 16 positions in common, counted across the 181 positions we hold weights for in FESC and 98 in GSC.
Which pays a higher dividend, FESC or GSC?
FESC yields 0.00% while GSC yields 0.22%, so GSC currently pays the higher dividend yield.
Is GSC better than FESC?
FESC has a lower expense ratio. FESC is less concentrated, with 10.4% of the fund in its ten largest positions against 16.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.