Goldman Sachs ActiveBeta U.S. Large Cap… (GSLC) Performance
GSLC total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +10.7% since Dec 31, 2025
- 1 year
- +12.6% total return
- 5 years
- +11.3% a year
- 10 years
- +14.7% a year
- Since first price
- +14.0% a year since 2015
GSLC trailing returns vs SPY, QQQ, AGG
| Period | GSLC total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −0.7% | −0.7% | −1.0% | −5.0% | +0.9% |
| 3 months | +3.6% | +3.3% | +3.2% | +1.9% | −0.4% |
| 6 months | +7.6% | +7.0% | +7.8% | +8.4% | −1.5% |
| YTD | +10.7% | +9.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +12.6% | +11.4% | +14.4% | +15.9% | −1.1% |
| 3 years | +81.7%+22.0%/yr | +75.4% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +70.6%+11.3%/yr | +59.9% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +292.8%+14.7%/yr | +239.0% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionSep 21, 2015 | +325.5%+14.0%/yr | +261.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: GSLC vs SPY
From Sep 21, 2015: GSLC grew to $42,554, SPY to $46,272.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
GSLC returns by calendar year
8 of 10 full years positive. Best 2019 (+30.7%), worst 2022 (−18.7%). 2026 is year to date.
GSLC annual returns table
| Year | GSLC | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +10.7% | −9.5% | +12.3% | +15.1% | −1.0% |
| 2025 | +16.2% | −18.7% | +17.7% | +20.8% | +7.2% |
| 2024 | +24.2% | −8.3% | +24.9% | +25.6% | +1.3% |
| 2023 | +25.1% | −9.8% | +26.2% | +54.9% | +5.7% |
| 2022 | −18.7% | −24.7% | −18.2% | −32.6% | −13.0% |
| 2021 | +27.2% | −6.1% | +28.7% | +27.4% | −1.8% |
| 2020 | +19.0% | −33.7% | +18.3% | +48.6% | +7.5% |
| 2019 | +30.7% | −6.6% | +31.2% | +39.0% | +8.5% |
| 2018 | −4.1% | −19.6% | −4.6% | −0.1% | +0.1% |
| 2017 | +22.5% | −2.5% | +21.7% | +32.7% | +3.6% |
| 2016 | +8.7% | −9.0% | +12.0% | +7.1% | +2.4% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
GSLC largest drawdowns
Now 2.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 19, 2020 | −33.7% | Mar 23, 2020 | Aug 6, 2020 | 33 days | 6 months |
| Dec 29, 2021 | −24.9% | Sep 30, 2022 | Dec 14, 2023 | 9 months | 2.0 years |
| Sep 21, 2018 | −19.6% | Dec 24, 2018 | Apr 23, 2019 | 3 months | 7 months |
| Feb 19, 2025 | −18.7% | Apr 8, 2025 | Jun 26, 2025 | 48 days | 4 months |
| Dec 1, 2015 | −12.0% | Feb 11, 2016 | Apr 1, 2016 | 2 months | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
GSLC risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2015 |
|---|---|---|---|---|
| Annualized return | +21.3% | +12.5% | +14.5% | +14.3% |
| Volatility (annualized) | 12.4% | 15.5% | 15.1% | 14.8% |
| Sharpe ratio | 1.28 | 0.61 | 0.82 | 0.84 |
| Sortino ratio | 2.51 | 0.96 | 1.28 | 1.33 |
| Best month | +9.5% | +9.5% | +12.5% | +12.5% |
| Worst month | −5.6% | −9.0% | −12.5% | −12.5% |
| Best 12 months | +37.6% | +37.6% | +53.7% | +53.7% |
| Worst 12 months | +7.3% | −18.7% | −18.7% | −18.7% |
| Positive months | 69% | 62% | 69% | 68% |
| Beta vs S&P 500 | 0.99 | 0.98 | 0.98 | — |
| Correlation with S&P 500 | 0.99 | 1.00 | 1.00 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
GSLC rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 122 | −18.7% | +15.6% | +53.7% | 88% |
| 3-year (a year) | 98 | +5.6% | +13.1% | +25.5% | 100% |
| 5-year (a year) | 74 | +9.0% | +13.9% | +18.5% | 100% |
| 10-year (a year) | 14 | +13.2% | +14.5% | +14.7% | 100% |
Every holding period starting at a month-end since 2015. Returns for 3 years and longer are annualized.
GSLC performance overview
Goldman Sachs ActiveBeta U.S. Large Cap… (GSLC) returned +12.6% over the past year and +14.7% a year over ten years, with distributions reinvested. Since its first recorded price in 2015 it has returned +14.0% a year, turning $10,000 into about $42,554. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −33.7%, from Feb 19, 2020 to Mar 23, 2020, and it took 4 months to get back to the old high. GSLC finished 8 of its 10 full calendar years with a gain; the best year was 2019 (+30.7%) and the worst 2022 (−18.7%). Volatility has been 14.8% a year.
Related: GSLC chart, GSLC holdings, GSLC dividends, GSLC valuation. See the GSLC overview for the latest quote and fund facts.
GSLC performance FAQ
What is the GSLC return over the past year?
GSLC returned +12.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 11.4%.
What is the average annual return of GSLC?
GSLC has returned +11.3% a year over 5 years, +14.7% a year over 10 years, +14.0% a year since September 21, 2015 (total return, distributions reinvested).
How much would $10,000 invested in GSLC be worth?
$10,000 invested in GSLC at its first recorded close on September 21, 2015 would be worth about $42,554 on October 23, 2026 with distributions reinvested.
What was the worst year for GSLC?
The worst calendar year was 2022, with a total return of −18.7%. The best was 2019 at +30.7%.
What is the biggest drawdown of GSLC?
The largest peak-to-trough decline was −33.7% between February 19, 2020 and March 23, 2020. It recovered to the old high on August 6, 2020, 4 months after the bottom.
How volatile is GSLC?
Over the past 3 years GSLC had an annualized volatility of 12.4% and a Sharpe ratio of 1.28 (excess return over 1–3 month T-bills per unit of risk).