This combination of a low expense ratio and multi-factor strategies has made it a cost-efficient performer. Year-to-date performance shows a 2.93 percent return and 15.58 percent within the past year.
GSLC also benefits from brand positioning with Goldman Sachs’ global recognition as a market leader. Other large multinational investment firms have offered similar products, such as BlackRock, Vanguard Group, Fidelity Investments, and J.P. Morgan Chase.
GSLC represents a growing ETF product base aimed at eliminating the human factor in active-management investing. According to Eric Balchunas of Bloomberg, GSLC is “the ETF equivalent of the T-1000 Terminator, a killer cyborg fund sent from the future perfectly calibrated to eliminate human managers by exploiting the growing world of fee-based advisers.”
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