Overview
Four factor sleeves — value, momentum, quality and low volatility — equally weighted across US large caps, at an index-fund price of 0.09%.
Top Holdings
| Ticker | Holding | Weight |
|---|---|---|
| NVDA | NVIDIA Corp. | 6.6% |
| AAPL | Apple Inc. | 6.1% |
| MSFT | Microsoft Corp. | 6.0% |
| AMZN | Amazon.com Inc. | 3.6% |
| META | Meta Platforms | 2.8% |
| AVGO | Broadcom Inc. | 2.6% |
| GOOGL | Alphabet Inc. A | 2.5% |
| LLY | Eli Lilly & Co. | 1.6% |
| JPM | JPMorgan Chase | 1.5% |
| V | Visa Inc. | 1.3% |
Fund Details
Investment Thesis
GSLC's pitch is factor investing without factor-fund pricing: four return premiums blended and rebalanced for 0.09%, when single-factor rivals charge two to five times more. The blended approach means it rarely tops any one year's chart — low-vol drags in melt-ups, momentum drags in reversals — but the smoothed ride hugs the S&P 500 with slightly better risk characteristics. Its trailing-year gap versus pure cap-weight is the cost of that diversification in a momentum-led market.
Who It's For
Cost-conscious investors who want mild multi-factor diversification inside their core US holding rather than as a separate bet. A set-and-forget S&P 500 alternative for people who distrust single-factor timing.
10-Year History
| Year | Close | % Chg |
|---|---|---|
| 2016 | $37.16 | -- |
| 2017 | $44.96 | +21.0% |
| 2018 | $42.26 | -6.0% |
| 2019 | $54.94 | +30.0% |
| 2020 | $64.28 | +17.0% |
| 2021 | $81.64 | +27.0% |
| 2022 | $66.12 | -19.0% |
| 2023 | $82.66 | +25.0% |
| 2024 | $101.67 | +23.0% |
| 2025 | $122.00 | +20.0% |
| Year | Yield |
|---|---|
| 2016 | 1.80% |
| 2017 | 1.70% |
| 2018 | 1.90% |
| 2019 | 1.70% |
| 2020 | 1.50% |
| 2021 | 1.20% |
| 2022 | 1.50% |
| 2023 | 1.40% |
| 2024 | 1.20% |
| 2025 | 1.10% |
| Year | AUM | % Chg |
|---|---|---|
| 2016 | $1.7B | -- |
| 2017 | $3B | +76.5% |
| 2018 | $4B | +33.3% |
| 2019 | $5.5B | +37.5% |
| 2020 | $7B | +27.3% |
| 2021 | $10B | +42.9% |
| 2022 | $9B | -10.0% |
| 2023 | $11B | +22.2% |
| 2024 | $13B | +18.2% |
| 2025 | $14B | +7.7% |
Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.
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