Content and data provided by various third parties and Fidelity − Terms of Use | Help/Glossary

Print

| AAA

How Equal-Weight ETF GSEW Beat Its Category Average YTD

BY | ETF Database

5:32 am ET 10/19/26 | 22 VIEWS

Related Symbols
GSEW

Valuations are high and concentration risk remains a major factor for investors to consider. Yields are reacting more to Anthropic’s rumored financial data than the Fed, and that tells a clear story: The market is squarely focused on AI. Looking under the hood, however, there are broadening opportunities. An equal weight ETF like the Goldman Sachs Equal Weight ETF (GSEW B+), up YTD, can provide diversification and performance at a key moment for investors.Key Takeaways: The equal-weight ETF GSEW looks to balance around 500 names in its tracked index. The fund has outperformed the ETF Database Large Cap Growth Equities category on a YTD basis. Returning 13.7% in that time, the fund can mitigate concentration risk and still perform in portfolios. GSEW charges a 9 basis point fee to track the Solactive US Large Cap Equal Weight Index. In doing so, the strategy aims to maintain a balanced exposure across the approximately 500 names in the index. Rebalancing monthly, the fund equally weights firms of differing market caps. Together, that has helped the equal weight ETF deliver this year. According to ETF Database data, GSEW has returned 13.7% YTD and 14.4% over the last three years. That has seen the fund outperform its ETF Database Large Cap Growth Equities category average in both those periods. That shows that, even while limiting exposure to key names in tech that have helped drive huge moves for markets, an equal weight ETF can still deliver. Avoiding that concentration risk, too, offers real advantages. While AI remains a key driver of innovation and growth that merits exposure, it is not without risk. Capex concerns around data centers, for example, continue to loom. What’s more, should conflict with Iran spike again, driving oil higher, the other segments of the economy could struggle. See more: 3 Tech Stocks Driving Big Returns in GTEK GSEW could make for a solid satellite type addition, then, to many portfolios. It still captures significant exposure to key names, but balanced. That may empower it to capture upside if the market were to broaden further. At the same time, its performance alone makes it a helpful contributor to overall portfolio goals. For more news, information, and strategy, visit the Future ETFs Content Hub.

Performance data shown is past performance and is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. Yield and return will vary, therefore you have a gain or loss when you sell your shares. For standard quarterly performance, go to the fund's Snapshot page by clicking on the ETF/ETP's symbol.

ETFs may trade at a premium or discount to their NAV and are subject to the market fluctuations of their underlying investments.

For iShares ETFs, Fidelity receives compensation from the ETF sponsor and/or its affiliates in connection with an exclusive long-term marketing program that includes promotion of iShares ETFs and inclusion of iShares funds in certain FBS platforms and investment programs. Please note, this security will not be marginable for 30 days from the settlement date, at which time it will automatically become eligible for margin collateral. Additional information about the sources, amounts, and terms of compensation can be found in the ETF's prospectus and related documents. Fidelity may add or waive commissions on ETFs without prior notice. BlackRock and iShares are registered trademarks of BlackRock, Inc. and its affiliates.

FBS receives compensation from the fund's advisor or its affiliates in connection with a marketing program that includes the promotion of this security and other ETFs to customers ("Marketing Program"). The Marketing Program creates incentives for FBS to encourage the purchase of certain ETFs. Additional information about the sources, amounts, and terms of compensation is in the ETF's prospectus and related documents. Please note that this security will not be marginable for 30 days from the settlement date, at which time it will automatically become eligible for margin collateral.

News, commentary (including "Related Symbols") and events are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.

Any data, charts and other information provided on this page are intended to help self-directed investors evaluate exchange traded products (ETPs), including, but limited to exchange traded funds (ETFs) and exchange traded notes (ETNs). Criteria and inputs entered, including the choice to make ETP comparisons, are at the sole discretion of the user and are solely for the convenience of the user. Analyst opinions, ratings and reports are provided by third-parties unaffiliated with Fidelity. All information supplied or obtained from this page is for informational purposes only and should not be considered investment advice or guidance, an offer of or a solicitation of an offer to buy or sell a particular security, or a recommendation or endorsement by Fidelity of any security or investment strategy. Fidelity does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating ETPs. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use. Determine which securities are right for you based on your investment objectives, risk tolerance, financial situation and other individual factors and re-evaluate them on a periodic basis.

Before investing in any exchange traded product, you should consider its investment objective, risks, charges and expenses. Contact Fidelity for a prospectus, offering circular or, if available, a summary prospectus containing this information. Read it carefully.