Goldman Sachs MarketBeta Russell 1000 Growth Equity ETF (GGUS) is an exchange-traded fund that seeks to correspond to the performance of the Russell 1000 Growth 40 Act Daily Capped Index, focusing on large- and mid-capitalization growth companies in the U.S. equity market. The ETF provides passive investment exposure primarily to U.S. growth stocks, with top sector allocations in information technology (approximately 47%), consumer discretionary, and communication services; key holdings include NVIDIA Corp., Microsoft Corp., Apple Inc., Amazon.com Inc., and Broadcom Inc. It maintains a portfolio of around 390-393 holdings, a net expense ratio of 0.12%, and assets under management exceeding $350 million.
Launched on November 28, 2023, and domiciled in the United States, GGUS operates under Goldman Sachs ETF Trust and is managed by Goldman Sachs Asset Management, L.P., with primary oversight from Raj Garigipati and Gauri Sekaria. The fund targets investors seeking diversified access to the large-cap growth segment, characterized by accelerated growth rates, higher valuations, and above-average sales and earnings relative to the broader market.
In recent developments, Goldman Sachs Asset Management has pursued strategic expansion in the ETF space, including the December 2025 agreement to acquire Innovator Capital Management for approximately $2 billion, adding $28 billion in assets across 159 defined outcome ETFs and enhancing offerings in income, buffer, and growth strategies; the deal is expected to close in Q2 2026. The firm also launched multiple active ETFs in 2025, such as fixed income funds GOVT and GEUR in EMEA, active equity ETFs like GQUS, and U.S. bond strategies GBND and GIGL, alongside announcing liquidations of certain buffer ETFs in December 2025.