Goldman Sachs Small Cap Core Equity ETF (GSC)
ARCA ARCA Primary 
2 ETFs to Watch for Outsized Volume on Water Resource & Small-Cap
PHO and another niche ETF posted trading volumes more than double normal levels, drawing attention after a broad Wall Street rebound.
Goldman Sachs Small Cap Equity ETF Q3 2025 Commentary
The Goldman Sachs Small Cap Equity ETF (GSC) returned 5.57% (based on NAV, net of fees) during the quarter, underperforming its benchmark – the Russell 2000 Index – by 682 basis points (bps). In the quarter, stock selection in Real Estate and our overweight position in Industrials contributed the most to relative returns, while stock selection in Information Technology and Health Care were most challenged. We initiated a position in Enpro Inc. (Buy), a company that designs, develops, manufactures, and markets proprietary engineered industrial products, during the quarter.
MFS and Goldman Sachs on Keys To Unlocking Active ETFs
Increasing interest in active management has been a persistent trend in 2025. Still, the current momentum should continue to drive demand in 2026.
GSC: Small-Cap Offering From Goldman With An Active Management Approach
Goldman Sachs Small Cap Core Equity ETF is an actively managed small-cap ETF with $120 million AUM, aiming to outperform traditional passive small-cap indices like the iShares Russell 2000 ETF through selective stock picking. The fund is overweight in industrials, financials, and information technology compared to IWM, but underweight in health care, indicating a distinct approach to sector exposure. Small caps are particularly sensitive to high front-end rates due to their reliance on floating-rate debt, which has dampened performance despite potential additional Fed rate cuts.
