GSC vs SEIS
Goldman Sachs Small Cap Equity ETF vs SEI Select Small Cap ETF
Which is better, GSC or SEIS?
Nearly the same fund. SEIS costs less.
SEIS has a lower expense ratio. GSC led over 1Y, SEIS over the full window. The two have moved almost in lockstep, correlation 0.96. SEIS is less concentrated, with 10.5% 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 | GSC | SEIS |
|---|---|---|
| Expense Ratio | 0.75% | 0.55%Best |
| AUM | $286M | $607M |
| Dividend Yield | 0.22% | 0.35% |
| Holdings | 197 | 767 |
| YTD Return | +10.48%Best | +10.36% |
| 1Y Return | +14.01%Best | +11.88% |
| 3Y Return (annualized) | +14.86% | - |
| Volatility (annualized) | 19.6% | 18.4%Best |
| Max Drawdown | -27.0% | -25.7%Best |
| $10,000 over 2 years | $11,627 | $12,417Best |
| Top 10 Weight | 16.3% | 10.5%Best |
| Fund Family | Goldman Sachs Asset Management | SEI EXCHANGE TRADED FUNDS |
| Category | Equity | Equity |
| Style | Small Cap Blend | Small Cap Blend |
| Inception | Oct 3, 2023 | Oct 8, 2024 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 10, 2024 to Oct 14, 2026 (2 years).
GSC vs SEIS 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 2 years both funds cover.
GSC vs SEIS Performance
Goldman Sachs Small Cap Equity ETF (GSC) is an ETF from Goldman Sachs Asset Management and SEI Select Small Cap ETF (SEIS) is an ETF from SEI EXCHANGE TRADED FUNDS. Over the past year GSC returned +14.01% while SEIS returned +11.88%. Year to date, GSC is up 10.48% versus a gain of 10.36% for SEIS.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GSC has been the more volatile fund, with annualized monthly volatility of 19.6% compared with 18.4% for SEIS. 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 -27.0% for GSC and -25.7% for SEIS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
GSC charges 0.75% per year while SEIS charges 0.55%. On a $10,000 position that is $75 vs $55 annually, a gap of $20 per year that compounds over a long holding period. On income, GSC currently yields 0.22% against 0.35% for SEIS.
Holdings Overlap
29.8% of GSC's money is in holdings SEIS also owns. 9.7% of SEIS's money is in holdings GSC also owns.
GSC and SEIS share little of their money.
26 positions in common, counted across the 98 positions we hold weights for in GSC and 369 in SEIS, against full books of 197 and 767.
What only one of them owns
Our book lists 323 positions for SEIS that do not appear in our book for GSC (84.9% of the fund), and 66 for GSC that do not appear in SEIS (66.0%).
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 GSC | Weight in SEIS | Difference |
|---|---|---|---|
| TEXTerex Corp | 1.67% | 1.07% | 0.60% |
| CMCCommercial Metals Co | 1.20% | 0.88% | 0.32% |
| GKOSGlaukos Corp Common Stock Usd 0.001 | 1.77% | 0.22% | 1.55% |
| URBNUrban Outfitters Inc | 0.83% | 1.09% | 0.26% |
| COLBColumbia Banking System Inc Common Stock | 1.44% | 0.41% | 1.03% |
| ALKS:IEAlkermes Plc. Ordinary Shares | 1.49% | 0.28% | 1.21% |
| ONTOOnto Innovation Inc | 1.29% | 0.47% | 0.82% |
| FROGJfrog Ltd | 1.39% | 0.36% | 1.03% |
| TRNOTerreno Realty Corp. | 1.57% | 0.15% | 1.42% |
| DOCNDigitalocean Holdings Inc | 1.52% | 0.17% | 1.35% |
29.8% of GSC is already inside SEIS.
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, GSC or SEIS?
GSC has an expense ratio of 0.75% while SEIS charges 0.55%. SEIS is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, GSC or SEIS?
Over the past year GSC returned +14.01% vs +11.88% for SEIS, so GSC leads on 1-year performance. Over the longest common window we track (2 years), GSC annualized +7.83% vs +11.43% for SEIS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GSC or SEIS?
GSC has been the more volatile fund at 19.6% annualized versus 18.4% for SEIS. Worst drawdown: GSC -27.0% vs SEIS -25.7%.
Should I hold both GSC and SEIS?
GSC and SEIS have a monthly-return correlation of 0.96, 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 GSC and SEIS?
29.8% of GSC's money is in holdings SEIS also owns. 9.7% of SEIS's is in holdings GSC also owns. They hold 26 positions in common, counted across the 98 positions we hold weights for in GSC and 369 in SEIS.
Which pays a higher dividend, GSC or SEIS?
GSC yields 0.22% while SEIS yields 0.35%, so SEIS currently pays the higher dividend yield.
Is SEIS better than GSC?
SEIS has a lower expense ratio. GSC led over 1Y, SEIS over the full window. The two have moved almost in lockstep, correlation 0.96. SEIS is less concentrated, with 10.5% 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.