GUSA vs KEAT
Goldman Sachs MarketBeta US 1000 Equity ETF vs Keating Active ETF
Which is better, GUSA or KEAT?
GUSA has been ahead.
GUSA has a lower expense ratio. GUSA led over 1Y and the full window. GUSA is less concentrated, with 35.3% of the fund in its ten largest positions against 68.9%.
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 | GUSA | KEAT |
|---|---|---|
| Expense Ratio | 0.10%Best | 0.85% |
| AUM | $2.5B | $119M |
| Dividend Yield | 0.98% | 2.82% |
| Holdings | 2,012 | 60 |
| YTD Return | +13.50%Best | +10.34% |
| 1Y Return | +16.69%Best | +15.13% |
| 3Y Return (annualized) | +22.04% | - |
| Volatility (annualized) | 12.2%Best | 12.4% |
| Max Drawdown | -19.6% | -10.6%Best |
| $10,000 over 2.6 years | $15,162Best | $14,043 |
| Top 10 Weight | 35.3%Best | 68.9% |
| Fund Family | Goldman Sachs Asset Management | Keating Investment Counselors |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 5, 2022 | Mar 27, 2024 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Mar 27, 2024 to Oct 15, 2026 (2.6 years).
GUSA vs KEAT 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 2.6 years both funds cover.
GUSA vs KEAT Performance
Goldman Sachs MarketBeta US 1000 Equity ETF (GUSA) is an ETF from Goldman Sachs Asset Management and Keating Active ETF (KEAT) is an ETF from Keating Investment Counselors. Over the past year GUSA returned +16.69% while KEAT returned +15.13%. Year to date, GUSA is up 13.50% versus a gain of 10.34% for KEAT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
KEAT has been the more volatile fund, with annualized monthly volatility of 12.4% compared with 12.2% for GUSA. 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 -10.6% for KEAT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.17. They move largely independently of each other.
Fees and Cost Over Time
GUSA charges 0.10% per year while KEAT charges 0.85%. On a $10,000 position that is $10 vs $85 annually, a gap of $75 per year that compounds over a long holding period. On income, GUSA currently yields 0.98% against 2.82% for KEAT.
Holdings Overlap
1.1% of GUSA's money is in holdings KEAT also owns. 13.8% of KEAT's money is in holdings GUSA also owns.
KEAT and GUSA share little of their money.
8 positions in common, counted across the 1,004 positions we hold weights for in GUSA and 29 in KEAT, against full books of 2,012 and 60.
What only one of them owns
Our book lists 9 positions for KEAT that do not appear in our book for GUSA (53.8% of the fund), and 925 for GUSA that do not appear in KEAT (98.2%).
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 GUSA | Weight in KEAT | Difference |
|---|---|---|---|
| VZVerizon Communic | 0.30% | 3.48% | 3.18% |
| LMTLockheed Martin | 0.17% | 2.68% | 2.51% |
| TAPMolson Coors Brewing Co. Class B | 0.01% | 2.61% | 2.60% |
| RIG:SMTransocean Ltd Common Stock | 0.01% | 1.73% | 1.72% |
| PMPhilip Morris International Inc. | 0.42% | 1.10% | 0.68% |
| LWLambwestonholdings Inc. | 0.01% | 1.34% | 1.33% |
| UPSUnited Parcel Service, Inc | 0.11% | 0.50% | 0.39% |
| WYWeyerhaeuser Co. | 0.02% | 0.35% | 0.33% |
You are not choosing between two funds in isolation.
Whichever of GUSA and KEAT 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, GUSA or KEAT?
GUSA has an expense ratio of 0.10% while KEAT charges 0.85%. GUSA is the cheaper option, by $75 a year on a $10,000 investment.
Which performed better, GUSA or KEAT?
Over the past year GUSA returned +16.69% vs +15.13% for KEAT, so GUSA leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GUSA or KEAT?
KEAT has been the more volatile fund at 12.4% annualized versus 12.2% for GUSA. Worst drawdown: GUSA -19.6% vs KEAT -10.6%.
Should I hold both GUSA and KEAT?
GUSA and KEAT have a monthly-return correlation of 0.17, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between GUSA and KEAT?
13.8% of KEAT's money is in holdings GUSA also owns. 13.8% of KEAT's is in holdings GUSA also owns. They hold 8 positions in common, counted across the 1,004 positions we hold weights for in GUSA and 29 in KEAT.
Which pays a higher dividend, GUSA or KEAT?
GUSA yields 0.98% while KEAT yields 2.82%, so KEAT currently pays the higher dividend yield.
Is KEAT better than GUSA?
GUSA has a lower expense ratio. GUSA led over 1Y and the full window. GUSA is less concentrated, with 35.3% of the fund in its ten largest positions against 68.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.