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GSPYGotham Enhanced 500 ETF

Grow my money5y track recordRanked #1,382 of 2,998 in this goal

Seeks long-term capital appreciation.

By Gotham · Launched 2020

Annual Cost

0.50%

#2,668 of 5,861 · average

Fund Size

$715M

#1,340 of 5,861 · large

Return (1Y)Goal

+21.7%

Track Record

5 years

#2,215 of 5,861 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$12,416+24.2%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Cap

Large

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 38.3% of fundwell diversified

NVIDIA Corp
7.0%
Apple Inc
6.8%
Microsoft Corp
5.6%
Alphabet Inc
4.9%
Amazon.com Inc
4.5%
Meta Platforms Inc
2.9%
Broadcom Inc
1.8%
Berkshire Hathaway Inc
1.7%
Micron Technology Inc
1.6%
Mount Vernon Liquid Assets Portfolio, LLC
1.4%

Asset allocation

Stocks
99.9%
Cash
0.1%
Other
0.0%

By sector

Technology
38.8%
Financial Services
12.0%
Communication
10.6%
Consumer Cyclical
10.6%
Healthcare
8.9%
Industrials
6.8%
Consumer Defensive
5.5%
Energy
2.7%
Other
4.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
13.2%Moderate

Year-on-year price swings

Max drawdown
-23.3%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
1.05Strong risk-adjusted returns
Sortino (3Y)
1.52Good downside protection

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks long-term capital appreciation.
Strategy
Actively manages a portfolio of securities of issuers included in the S&P 500 Index, utilizing an enhanced strategy to capitalize on market pricing inefficiencies. The Sub-Adviser employs a systematic, bottom-up valuation approach to identify undervalued or overvalued companies, rebalancing the portfolio daily to manage risk.
Inception date
December 28, 2020
Fund family
Gotham

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Closet indexing
Warning

You're paying active fees for an index

This fund charges active-management prices while tracking its benchmark almost perfectly (a high R²). The metrics below show how little active management you're getting for that premium: low tracking error and a fee well above the passive peer median.

96.9%
TE
2.7%
Beta
0.96
Fee
5× 0.10%

Sources: Cremers & Petajisto (2009) · Amihud & Goyenko (2013) · ESMA (2016)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-04