At a glance
GLOV charges 0.15% a year, above the 0.12% average of the 8 funds most like it (the 8th cheapest of 9). It has $1.80B in assets, the 8th largest of that group; it paid 1.55% of its price in distributions over the past 12 months, quarterly. Over the past year it returned +17.4% with distributions reinvested (S&P 500: +11.5%), the best of those 9 funds; over three years it returned +17.0% a year. Its ten largest positions make up 27.4% of the fund, out of 739 in all.
The short version
Activebeta World Low Vol Plus Equity ETF (GLOV), from Goldman Sachs, holds about 740 large and mid-size companies in developed markets. About two-thirds of the money was in US stocks as of August 31, 2026. It follows a rules-based Goldman Sachs index that tilts toward value, momentum and quality stocks. Its 0.15% yearly fee is higher than plain S&P 500 funds at 0.03%, but its price swings have been milder than the market's.
Price history
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GLOV +17.4% over the year to Jul 17, 2026, total return with distributions reinvested.
How it has behaved
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | Since start | |
|---|---|---|---|---|---|---|
| GLOV official prospectus, to Dec 31, 2024 | — | +15.66% | — | — | — | +9.61% |
| GLOV price data to Jul 17, 2026 | +10.2% | +17.4% | +17.0% | — | — | +11.9% |
- Over the year to Jul 17, 2026, GLOV returned +17.4%, 1st of 9 among similar funds.
- Its worst full calendar year was 2024 (+15.3%); its best was 2025 (+18.9%).
- The deepest fall in its price history was 17.8% (Mar 29, 2022 to Oct 12, 2022), recovered by Jul 13, 2023.
Show as a table
| Year | Price data | Prospectus (official) |
|---|---|---|
| 2026 (to date) | +10.2% | — |
| 2025 | +18.9% | — |
| 2024 | +15.3% | +15.66% |
| 2023 | +16.3% | +16.10% |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Before this security existed |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Before this security existed |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Before this security existed |
Dividends and income
Show as a table
| Year | Per share | Change |
|---|---|---|
| 2026 (to date) | $0.5051 | |
| 2025 | $1.0000 | +16.3% |
| 2024 | $0.8600 | -4.4% |
| 2023 | $0.9000 |
What's inside
As of Aug 31, 2026, the fund held 739 securities; the ten largest made up 27.44% of assets.
| Holding | Weight | |
|---|---|---|
| NVIDIA CORP | 5.79% | |
| APPLE INC | 5.06% | |
| MICROSOFT CORP | 4.02% | |
| AMAZON.COM INC | 2.75% | |
| ALPHABET INC Class A | 2.19% | |
| ALPHABET INC Class C | 1.89% | |
| BROADCOM INC | 1.88% | |
| META PLATFORMS INC | 1.38% | |
| MICRON TECHNOLOGY INC | 1.29% | |
| TESLA INC | 1.20% | |
| ELI LILLY & COMPANY | 1.13% | |
| JP MORGAN CHASE & COMPANY | 1.05% | |
| ADVANCED MICRO DEVICES INC | 0.84% | |
| ASML HOLDING NV | 0.74% | |
| VISA INC | 0.74% |
By country
United States 66.27%Japan 8.47%Canada 3.23%United Kingdom 3.2%Switzerland 2.35%By asset type
Stocks 99.22%Preferred stock 0.44%By sector
Sectors of the companies held, for the 61.1% of the fund in companies that have a stock page here; other holdings and cash aren't classified. Source: N-PORT holdings report as of Aug 31, 2026. Cash, money-market funds and derivatives are shown separately from the securities list.What changed recently
- Over the three months to Aug 31, 2026, investors added a net $42.4M (creations minus redemptions, per the N-PORT report).
- Monthly total returns reported for that quarter: -0.70%, +0.66%, +2.75%.
How it works
Under its prospectus filed December 29, 2025, the fund tries to track the Goldman Sachs ActiveBeta World Equity Index. Goldman Sachs Asset Management builds that index from the Solactive GBS Developed Markets Large & Mid Cap Index, which weights developed-market companies, including US ones, by size. The fund keeps at least 80% of its assets in index stocks or in depositary receipts, which are certificates that stand for foreign shares and trade like stocks. It may hold only a sample of the index.
The index is built in two steps. First, every stock gets a score for value (book value, sales and free cash flow compared with price), momentum (whether the share price is trending up) and quality (profitability). Stocks that score above a fixed cut-off get more weight than in the starting index, and stocks below it get less. The index never bets against a stock, so the lowest possible weight is zero. Second, the three factor versions are blended in equal parts. The index rebalances every quarter. As of December 1, 2025, it held 789 stocks in 24 countries. Despite the fund's name, this strategy description does not set out a separate low-volatility rule.
As of August 31, 2026, the fund held 739 companies. The 10 largest made up 27.4% of assets, led by Nvidia (5.8%), Apple (5.1%) and Microsoft (4.0%). Yearly portfolio turnover was 22%.
What it really costs
- GLOV charges 0.15% a year, versus an average of 0.12% for the similar funds below (8th of 9, cheapest first).
- Using the prospectus's standard example, $10,000 invested would cost about $15 in the first year and $192 over 10 years (assuming a 5% annual return).
| Cost of $10,000 (SEC example) | 1 yr | 3 yrs | 5 yrs | 10 yrs |
|---|---|---|---|---|
| GLOV | $15 | $48 | $85 | $192 |
In a retirement portfolio
It spreads money across about 740 developed-market stocks in many countries at a moderate cost, so it can serve as a main stock position rather than a niche bet.
GLOV launched in March 2022, so it has no record from the 2008 or 2020 crashes. It did live through most of the 2022 bear market. From March 29 to October 12, 2022, it fell 17.8%. It did not get back to its old high until July 13, 2023, about nine months after the low. Someone who had to sell shares in late 2022 would have locked in that loss. Since then, it has gained between about 15% and 19% in each full calendar year from 2023 through 2025.
It pays dividends four times a year. Its yield over the previous 12 months was 1.55% as of July 17, 2026, so it is not built for income. In the SEC's standard example, $10,000 would cost $192 in fees over 10 years. Past results don't predict the future, and a plan should look at the whole portfolio, not one fund.
Who it may suit — and who should look elsewhere
May suit
- Investors wanting about 740 developed-market stocks in one fund, roughly two-thirds US and the rest mainly in Japan, Canada, the UK and Switzerland.
- People comfortable with a rules-based tilt toward value, momentum and quality stocks instead of a plain size-weighted index.
- Long-term holders who prefer milder swings: three-year volatility of 11.6% and a one-year beta of 0.79 as of July 17, 2026.
Look elsewhere if
- Cost-focused investors: 0.15% a year versus 0.03% for VOO or IVV, ranking 8th of 9 similar funds on cost.
- Income seekers: the trailing 12-month yield was 1.55% as of July 17, 2026, paid quarterly.
- Those wanting a strictly low-volatility fund or emerging markets: top holdings are Nvidia, Apple and Microsoft, and only developed markets are included.
Close alternatives
Matched by holdings overlap from the latest N-PORT reports.
| Fund | Overlap | Cost | Net assets | 1 yr | 3 yr |
|---|---|---|---|---|---|
| GLOV this fund | — | 0.15% | $1.80B | +17.4% | +17.0% |
| BKLC BNY Mellon US Large Cap Core Equity ETF | 64% | 0% | $5.47B | +13.4% | +25.4% |
| VTHR Vanguard Russell 3000 ETF | 63% | 0.07% | $6.41B | +13.1% | +24.5% |
| USPX Franklin U.S. Equity Index ETF | 63% | 0.03% | $1.98B | +12.9% | +24.9% |
| QDPL Pacer Metaurus US Large Cap Dividend Multip… | 63% | 0.6% | $1.71B | +12.6% | +22.7% |
| SPY SPDR S&P 500 ETF Trust | 63% | 0.0945% | $781.19B | +11.5% | +21.9% |
| IVV iShares Core S&P 500 ETF | 63% | 0.03% | $888.13B | +11.5% | +22.0% |
| VOO Vanguard S&P 500 ETF | 62% | 0.03% | $1.67T | +12.4% | +23.6% |
Questions investors ask
What does GLOV invest in?
GLOV invests in large and mid-size companies in developed markets. As of August 31, 2026, it held 739 companies, with 66.3% in the US, 8.5% in Japan, 3.2% in Canada and 3.2% in the UK. The largest positions were Nvidia (5.8%), Apple (5.1%), Microsoft (4.0%), Amazon (2.7%) and Alphabet. The 10 largest holdings made up 27.4% of the fund. Net assets were about $1.8 billion.
Is GLOV a low volatility ETF?
Not in the strict sense. Its prices have moved less than the market: three-year volatility was 11.6% and one-year beta was 0.79 as of July 17, 2026. A beta of 0.79 means it has tended to move about four-fifths as much as the market. But the prospectus filed December 29, 2025 describes tilts toward value, momentum and quality, not a low-volatility screen. Its biggest holdings are large tech companies such as Nvidia and Apple.
What's the difference between GLOV and GSLC?
Both use Goldman's ActiveBeta factor approach, but GSLC holds only US large companies. GLOV adds other developed markets, which made up about a third of the fund as of August 31, 2026. The two shared about 62% of holdings by weight. GSLC charges 0.09% a year, compared with 0.15% for GLOV. GSLC is also much larger, with about $15.2 billion in net assets versus about $1.8 billion for GLOV.
Does GLOV pay dividends?
Yes, GLOV pays dividends every quarter. Over the 12 months to July 17, 2026, it paid about $0.98 per share, a yield of 1.55%. That income comes from the dividends of the companies it holds, so payments can rise or fall. The fund is a broad stock fund, not an income-focused one.
How much did GLOV drop in 2022?
GLOV fell 17.8% from its March 29, 2022 peak to its October 12, 2022 low. That is its deepest drop since it launched in March 2022. It got back to its previous high on July 13, 2023, about nine months after the low. Its worst quarter in the prospectus record was a 2.91% loss in the quarter ending September 30, 2023. That record only goes through 2024.