Goldman Sachs ActiveBeta U.S. Small Cap… (GSSC) Performance
GSSC total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +14.8% since Dec 31, 2025
- 1 year
- +15.5% total return
- 5 years
- +6.9% a year
- Since first price
- +9.9% a year since 2017
GSSC trailing returns vs SPY, QQQ, AGG
| Period | GSSC total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −0.8% | −0.8% | −1.0% | −5.0% | +0.9% |
| 3 months | −2.8% | −3.1% | +3.2% | +1.9% | −0.4% |
| 6 months | +5.2% | +4.7% | +7.8% | +8.4% | −1.5% |
| YTD | +14.8% | +14.0% | +12.3% | +15.1% | −1.0% |
| 1 year | +15.5% | +14.3% | +14.4% | +15.9% | −1.1% |
| 3 years | +70.5%+19.5%/yr | +63.9% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +39.5%+6.9%/yr | +30.5% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionJun 29, 2017 | +141.4%+9.9%/yr | +114.9% | — | — | — |
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: GSSC vs SPY
From Jun 29, 2017: GSSC grew to $24,143, SPY to $36,320.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
GSSC returns by calendar year
6 of 8 full years positive. Best 2021 (+24.1%), worst 2022 (−16.8%). 2026 is year to date.
GSSC annual returns table
| Year | GSSC | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +14.8% | −10.6% | +12.3% | +15.1% | −1.0% |
| 2025 | +10.8% | −22.1% | +17.7% | +20.8% | +7.2% |
| 2024 | +11.1% | −10.2% | +24.9% | +25.6% | +1.3% |
| 2023 | +17.3% | −15.3% | +26.2% | +54.9% | +5.7% |
| 2022 | −16.8% | −25.1% | −18.2% | −32.6% | −13.0% |
| 2021 | +24.1% | −9.8% | +28.7% | +27.4% | −1.8% |
| 2020 | +16.0% | −41.2% | +18.3% | +48.6% | +7.5% |
| 2019 | +23.1% | −9.1% | +31.2% | +39.0% | +8.5% |
| 2018 | −9.2% | −25.2% | −4.6% | −0.1% | +0.1% |
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.
GSSC largest drawdowns
Now 6.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Aug 30, 2018 | −41.4% | Mar 23, 2020 | Nov 10, 2020 | 1.6 years | 2.2 years |
| Nov 8, 2021 | −27.8% | Sep 26, 2022 | Jul 16, 2024 | 11 months | 2.7 years |
| Nov 25, 2024 | −26.1% | Apr 8, 2025 | Sep 11, 2025 | 4 months | 10 months |
| Jan 22, 2026 | −10.6% | Mar 30, 2026 | Apr 17, 2026 | 2 months | 3 months |
| Jul 31, 2024 | −10.2% | Aug 7, 2024 | Oct 16, 2024 | 7 days | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
GSSC risk statistics
| Statistic | 3 years | 5 years | Since 2017 |
|---|---|---|---|
| Annualized return | +16.9% | +7.8% | +9.9% |
| Volatility (annualized) | 18.9% | 20.1% | 19.5% |
| Sharpe ratio | 0.69 | 0.29 | 0.46 |
| Sortino ratio | 1.27 | 0.48 | 0.72 |
| Best month | +11.6% | +11.7% | +16.9% |
| Worst month | −8.3% | −9.5% | −14.4% |
| Best 12 months | +37.0% | +37.0% | +77.6% |
| Worst 12 months | −1.8% | −18.8% | −18.8% |
| Positive months | 61% | 55% | 61% |
| Beta vs S&P 500 | 1.15 | 1.06 | — |
| Correlation with S&P 500 | 0.76 | 0.83 | — |
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.
GSSC rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 101 | −18.8% | +8.1% | +77.6% | 67% |
| 3-year (a year) | 77 | +0.2% | +10.7% | +21.0% | 100% |
| 5-year (a year) | 53 | +4.2% | +8.4% | +13.8% | 100% |
Every holding period starting at a month-end since 2017. Returns for 3 years and longer are annualized.
GSSC performance overview
Goldman Sachs ActiveBeta U.S. Small Cap… (GSSC) returned +15.5% over the past year and +6.9% a year over five years, with distributions reinvested. Since its first recorded price in 2017 it has returned +9.9% a year, turning $10,000 into about $24,143. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −41.4%, from Aug 30, 2018 to Mar 23, 2020, and it took 8 months to get back to the old high. GSSC finished 6 of its 8 full calendar years with a gain; the best year was 2021 (+24.1%) and the worst 2022 (−16.8%). Volatility has been 19.5% a year.
Related: GSSC chart, GSSC holdings, GSSC dividends, GSSC valuation. See the GSSC overview for the latest quote and fund facts.
GSSC performance FAQ
What is the GSSC return over the past year?
GSSC returned +15.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 14.3%.
What is the average annual return of GSSC?
GSSC has returned +6.9% a year over 5 years, +9.9% a year since June 29, 2017 (total return, distributions reinvested).
How much would $10,000 invested in GSSC be worth?
$10,000 invested in GSSC at its first recorded close on June 29, 2017 would be worth about $24,143 on October 23, 2026 with distributions reinvested.
What was the worst year for GSSC?
The worst calendar year was 2022, with a total return of −16.8%. The best was 2021 at +24.1%.
What is the biggest drawdown of GSSC?
The largest peak-to-trough decline was −41.4% between August 30, 2018 and March 23, 2020. It recovered to the old high on November 10, 2020, 8 months after the bottom.
How volatile is GSSC?
Over the past 3 years GSSC had an annualized volatility of 18.9% and a Sharpe ratio of 0.69 (excess return over 1–3 month T-bills per unit of risk).