0001479026 2025-08-31 2025-08-31 0001479026 gset:S000048292Member 2025-08-31 2025-08-31 0001479026 gset:S000048292Member gset:C000152548Member 2025-08-31 2025-08-31 iso4217:USD pure false 2025-08-31 497 0001479026 N-1A <div style="margin-top:0pt;margin-bottom:0pt;font-size:13pt;font-family:times new roman;font-weight:bold;text-align:center;">GOLDMAN SACHS ETF TRUST </div><div style="margin-top:6pt;margin-bottom:0pt;font-size:9pt;font-family:times new roman;font-weight:bold;text-align:center;">Goldman Sachs ActiveBeta<sup style="font-size:75%;vertical-align:top">®</sup> Emerging Markets Equity ETF </div><div style="margin-top:0pt;margin-bottom:0pt;font-size:9pt;font-family:times new roman;text-align:center;">(the “Fund”) </div><div style="margin-top:6pt;margin-bottom:0pt;font-size:9pt;font-family:times new roman;text-align:center;"><span style="font-style:italic"><span style="text-decoration:underline">Supplement dated September 18, 2026 to the</span> </span></div><div style="margin-top:0pt;margin-bottom:0pt;font-size:9pt;font-family:times new roman;text-align:center;"><span style="font-style:italic"><span style="text-decoration:underline">Prospectus and Summary Prospectus,</span> </span></div><div style="margin-top:0pt;margin-bottom:0pt;font-size:9pt;font-family:times new roman;text-align:center;"><span style="font-style:italic"><span style="text-decoration:underline">each dated December 29, 2025, as supplemented to date</span> </span></div><div style="margin-top:18pt;margin-bottom:0pt;font-size:9pt;font-family:times new roman;">The Board of Trustees of the Goldman Sachs ETF Trust recently approved a unitary management fee structure for the Fund and a reduction of the Fund’s management fee rate. Under the unitary fee structure, Goldman Sachs Asset Management, L.P. (“GSAM”), the Fund’s investment adviser, will be responsible for paying substantially all the expenses of the Fund, excluding payments under the Fund’s 12b‑1 plan (if any), interest expenses, taxes, acquired fund fees and expenses, brokerage fees, costs of holding shareholder meetings and litigation, indemnification and extraordinary expenses. The Fund’s management fee rate payable to GSAM will be reduced to 0.35% of the Fund’s average daily net assets. These changes will be effective on December 29, 2026 (the “Effective Date”). </div><div style="margin-top:6pt;margin-bottom:0pt;font-size:9pt;font-family:times new roman;">Accordingly, on the Effective Date, the Fund’s Prospectus and Summary Prospectus are revised as follows: </div><div style="margin-top:6pt;margin-bottom:0pt;font-size:9pt;font-family:times new roman;"><span style="font-weight:bold">The following replaces the table and accompanying footnote in the “</span><span style="font-weight:bold"><span style="font-style:italic">Goldman Sachs ActiveBeta</span></span><span style="font-weight:bold"></span><span style="font-weight:bold"><span style="font-style:italic"><sup style="font-size:75%;vertical-align:top">®</sup></span></span><span style="font-weight:bold"> </span><span style="font-weight:bold"><span style="font-style:italic">Emerging Markets Equity ETF—Summary—Fees and Expenses of the Fund</span></span><span style="font-weight:bold">” section in the Prospectus and the “</span><span style="font-weight:bold"><span style="font-style:italic">Fees and Expenses of the Fund</span></span><span style="font-weight:bold">” section in the Summary Prospectus: </span></div> <table cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:arial narrow;font-size:8pt;width:100%;border-spacing:0px;margin:0 auto"> <tr> <td style="width:95%;"></td> <td style="vertical-align:bottom;width:1%;"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%;"></td> </tr> <tr style="page-break-inside:avoid;font-family:arial narrow;font-size:8pt"> <td style="vertical-align:top;"> <div style="margin-top:0pt;margin-bottom:0pt;margin-left:1.00em;text-indent:-1.00em;font-size:8pt;font-family:arial;font-weight:bold;">Annual Fund Operating Expenses</div> </td> <td style="vertical-align:bottom;"> </td> <td style="vertical-align:bottom;"></td> <td style="vertical-align:bottom;"></td> <td style="vertical-align:bottom;"></td> </tr> <tr style="page-break-inside:avoid;font-family:arial narrow;font-size:8pt"> <td style="vertical-align:bottom;"><span style="font-family:arial;font-size:6pt"><span style="font-weight:bold">(expenses that you pay each year as a percentage of the value of your investment)</span></span></td> <td style="vertical-align:bottom;"> </td> <td style="vertical-align:bottom;"></td> <td style="vertical-align:bottom;"></td> <td style="vertical-align:bottom;"></td> </tr> <tr style="font-size:1pt"> <td style="height:1.5pt;"></td> <td colspan="4" style="height:1.5pt;"></td> </tr> <tr style="page-break-inside:avoid;font-family:arial narrow;font-size:8pt"> <td style="vertical-align:top;"> <div style="margin-top:0pt;margin-bottom:0pt;margin-left:1.00em;text-indent:-1.00em;font-size:8pt;font-family:arial narrow;">Management Fee<sup style="font-size:75%;vertical-align:top">1</sup></div> </td> <td style="vertical-align:bottom;"> </td> <td style="vertical-align:bottom;"> </td> <td style="vertical-align:bottom;text-align:right;">0.35%</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> </tr> <tr style="page-break-inside:avoid;font-family:arial narrow;font-size:8pt"> <td style="vertical-align:top;"> <div style="margin-top:0pt;margin-bottom:0pt;margin-left:1.00em;text-indent:-1.00em;font-size:8pt;font-family:arial narrow;">Distribution and Service (12b‑1) Fee</div> </td> <td style="vertical-align:bottom;"> </td> <td style="vertical-align:bottom;"> </td> <td style="vertical-align:bottom;text-align:right;">0.00%</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> </tr> <tr style="page-break-inside:avoid;font-family:arial narrow;font-size:8pt"> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:top;"> <div style="margin-top:0pt;margin-bottom:0pt;margin-left:1.00em;text-indent:-1.00em;font-size:8pt;font-family:arial narrow;">Other Expenses<sup style="font-size:75%;vertical-align:top">1</sup></div> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right;">0.00%</td> <td style="BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;"> </td> </tr> <tr style="page-break-inside:avoid;font-family:arial narrow;font-size:8pt"> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:top;"> <div style="margin-top:0pt;margin-bottom:0pt;margin-left:1.00em;text-indent:-1.00em;font-size:8pt;font-family:arial narrow;font-weight:bold;">Total Annual Fund Operating Expenses</div> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right;">0.35%</td> <td style="BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;"> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:times new roman;font-size:7.5pt;border-spacing:0px;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:3%;vertical-align:top;text-align:left;"><span style="font-style:italic"><sup style="font-size:75%;vertical-align:top">1</sup> </span></td> <td style="vertical-align:top;text-align:left;"> <div style="margin-top:0pt;margin-bottom:0pt;font-size:7.5pt;font-family:times new roman;text-align:left;"><span style="font-style:italic">The Fund’s “Management Fees” and “Other Expenses” have been restated to reflect current fees. </span></div> </td> </tr> </table><div style="margin-top:6pt;margin-bottom:0pt;font-size:9pt;font-family:times new roman;"><span style="font-weight:bold">The following replaces in its entirety the “</span><span style="font-weight:bold"><span style="font-style:italic">Goldman Sachs ActiveBeta</span></span><span style="font-weight:bold"></span><span style="font-weight:bold"><span style="font-style:italic"><sup style="font-size:75%;vertical-align:top">®</sup></span></span><span style="font-weight:bold"> </span><span style="font-weight:bold"><span style="font-style:italic">Emerging Markets Equity ETF—Summary—Expense Example</span></span><span style="font-weight:bold">” section in the Prospectus and the “</span><span style="font-weight:bold"><span style="font-style:italic">Expense Example</span></span><span style="font-weight:bold">” section in the Summary Prospectus: </span></div><div style="margin-top:6pt;margin-bottom:0pt;font-size:9pt;font-family:times new roman;">This Example is intended to help you compare the cost of owning Shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be: </div> <table cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:arial narrow;font-size:7pt;width:30%;border-spacing:0px;margin:0 auto"> <tr> <td></td> <td style="vertical-align:bottom;width:13%;"></td> <td></td> <td style="vertical-align:bottom;width:13%;"></td> <td></td> <td style="vertical-align:bottom;width:13%;"></td> <td></td> </tr> <tr style="page-break-inside:avoid;font-family:arial narrow;font-size:7pt"> <td style="vertical-align:bottom;background-color:#e5e5e5;text-align:center;"> <div style="margin-top:0pt;margin-bottom:0pt;border-bottom:1.00pt solid #000000;display:inline-block;font-size:7pt;font-family:arial narrow;font-weight:bold;text-align:center;">1 Year</div> </td> <td style="vertical-align:bottom;">  </td> <td style="vertical-align:bottom;text-align:center;"> <div style="margin-top:0pt;margin-bottom:0pt;border-bottom:1.00pt solid #000000;display:inline-block;font-size:7pt;font-family:arial narrow;font-weight:bold;text-align:center;">3 Years</div> </td> <td style="vertical-align:bottom;background-color:#e5e5e5;">  </td> <td style="vertical-align:bottom;background-color:#e5e5e5;text-align:center;"> <div style="margin-top:0pt;margin-bottom:0pt;border-bottom:1.00pt solid #000000;display:inline-block;font-size:7pt;font-family:arial narrow;font-weight:bold;text-align:center;">5 Years</div> </td> <td style="vertical-align:bottom;">  </td> <td style="vertical-align:bottom;text-align:center;"> <div style="margin-top:0pt;margin-bottom:0pt;border-bottom:1.00pt solid #000000;display:inline-block;font-size:7pt;font-family:arial narrow;font-weight:bold;text-align:center;">10 Years</div> </td> </tr> <tr style="font-size:1pt"> <td style="height:1.5pt;background-color:#e5e5e5;"></td> <td colspan="2" style="height:1.5pt;"></td> <td colspan="2" style="height:1.5pt;background-color:#e5e5e5;"></td> <td colspan="2" style="height:1.5pt;"></td> </tr> <tr style="page-break-inside:avoid;font-family:arial narrow;font-size:8pt"> <td style="vertical-align:bottom;background-color:#e5e5e5;text-align:center;"><span style="font-weight:bold">$36</span></td> <td style="vertical-align:bottom;">  </td> <td style="vertical-align:bottom;text-align:center;"><span style="font-weight:bold">$113</span></td> <td style="vertical-align:bottom;background-color:#e5e5e5;">  </td> <td style="vertical-align:bottom;background-color:#e5e5e5;text-align:center;"><span style="font-weight:bold">$197</span></td> <td style="vertical-align:bottom;">  </td> <td style="vertical-align:bottom;text-align:center;"><span style="font-weight:bold">$443</span></td> </tr> </table> <div style="margin-top:0pt;margin-bottom:0pt;font-size:13pt;font-family:times new roman;font-weight:bold;text-align:center;">GOLDMAN SACHS ETF TRUST </div><div style="margin-top:6pt;margin-bottom:0pt;font-size:9pt;font-family:times new roman;font-weight:bold;text-align:center;">Goldman Sachs ActiveBeta<sup style="font-size:75%;vertical-align:top">®</sup> Emerging Markets Equity ETF </div><div style="margin-top:0pt;margin-bottom:0pt;font-size:9pt;font-family:times new roman;text-align:center;">(the “Fund”) </div><div style="margin-top:6pt;margin-bottom:0pt;font-size:9pt;font-family:times new roman;text-align:center;"><span style="font-style:italic"><span style="text-decoration:underline">Supplement dated September 18, 2026 to the</span> </span></div><div style="margin-top:0pt;margin-bottom:0pt;font-size:9pt;font-family:times new roman;text-align:center;"><span style="font-style:italic"><span style="text-decoration:underline">Prospectus and Summary Prospectus,</span> </span></div><div style="margin-top:0pt;margin-bottom:0pt;font-size:9pt;font-family:times new roman;text-align:center;"><span style="font-style:italic"><span style="text-decoration:underline">each dated December 29, 2025, as supplemented to date</span> </span></div><div style="margin-top:18pt;margin-bottom:0pt;font-size:9pt;font-family:times new roman;">The Board of Trustees of the Goldman Sachs ETF Trust recently approved a unitary management fee structure for the Fund and a reduction of the Fund’s management fee rate. Under the unitary fee structure, Goldman Sachs Asset Management, L.P. (“GSAM”), the Fund’s investment adviser, will be responsible for paying substantially all the expenses of the Fund, excluding payments under the Fund’s 12b‑1 plan (if any), interest expenses, taxes, acquired fund fees and expenses, brokerage fees, costs of holding shareholder meetings and litigation, indemnification and extraordinary expenses. The Fund’s management fee rate payable to GSAM will be reduced to 0.35% of the Fund’s average daily net assets. These changes will be effective on December 29, 2026 (the “Effective Date”). </div><div style="margin-top:6pt;margin-bottom:0pt;font-size:9pt;font-family:times new roman;">Accordingly, on the Effective Date, the Fund’s Prospectus and Summary Prospectus are revised as follows: </div><div style="margin-top:6pt;margin-bottom:0pt;font-size:9pt;font-family:times new roman;"><span style="font-weight:bold">The following replaces the table and accompanying footnote in the “</span><span style="font-weight:bold"><span style="font-style:italic">Goldman Sachs ActiveBeta</span></span><span style="font-weight:bold"></span><span style="font-weight:bold"><span style="font-style:italic"><sup style="font-size:75%;vertical-align:top">®</sup></span></span><span style="font-weight:bold"> </span><span style="font-weight:bold"><span style="font-style:italic">Emerging Markets Equity ETF—Summary—Fees and Expenses of the Fund</span></span><span style="font-weight:bold">” section in the Prospectus and the “</span><span style="font-weight:bold"><span style="font-style:italic">Fees and Expenses of the Fund</span></span><span style="font-weight:bold">” section in the Summary Prospectus: </span></div> <table cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:arial narrow;font-size:8pt;width:100%;border-spacing:0px;margin:0 auto"> <tr> <td style="width:95%;"></td> <td style="vertical-align:bottom;width:1%;"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%;"></td> </tr> <tr style="page-break-inside:avoid;font-family:arial narrow;font-size:8pt"> <td style="vertical-align:top;"> <div style="margin-top:0pt;margin-bottom:0pt;margin-left:1.00em;text-indent:-1.00em;font-size:8pt;font-family:arial;font-weight:bold;">Annual Fund Operating Expenses</div> </td> <td style="vertical-align:bottom;"> </td> <td style="vertical-align:bottom;"></td> <td style="vertical-align:bottom;"></td> <td style="vertical-align:bottom;"></td> </tr> <tr style="page-break-inside:avoid;font-family:arial narrow;font-size:8pt"> <td style="vertical-align:bottom;"><span style="font-family:arial;font-size:6pt"><span style="font-weight:bold">(expenses that you pay each year as a percentage of the value of your investment)</span></span></td> <td style="vertical-align:bottom;"> </td> <td style="vertical-align:bottom;"></td> <td style="vertical-align:bottom;"></td> <td style="vertical-align:bottom;"></td> </tr> <tr style="font-size:1pt"> <td style="height:1.5pt;"></td> <td colspan="4" style="height:1.5pt;"></td> </tr> <tr style="page-break-inside:avoid;font-family:arial narrow;font-size:8pt"> <td style="vertical-align:top;"> <div style="margin-top:0pt;margin-bottom:0pt;margin-left:1.00em;text-indent:-1.00em;font-size:8pt;font-family:arial narrow;">Management Fee<sup style="font-size:75%;vertical-align:top">1</sup></div> </td> <td style="vertical-align:bottom;"> </td> <td style="vertical-align:bottom;"> </td> <td style="vertical-align:bottom;text-align:right;">0.35%</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> </tr> <tr style="page-break-inside:avoid;font-family:arial narrow;font-size:8pt"> <td style="vertical-align:top;"> <div style="margin-top:0pt;margin-bottom:0pt;margin-left:1.00em;text-indent:-1.00em;font-size:8pt;font-family:arial narrow;">Distribution and Service (12b‑1) Fee</div> </td> <td style="vertical-align:bottom;"> </td> <td style="vertical-align:bottom;"> </td> <td style="vertical-align:bottom;text-align:right;">0.00%</td> <td style="white-space:nowrap;vertical-align:bottom;"> </td> </tr> <tr style="page-break-inside:avoid;font-family:arial narrow;font-size:8pt"> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:top;"> <div style="margin-top:0pt;margin-bottom:0pt;margin-left:1.00em;text-indent:-1.00em;font-size:8pt;font-family:arial narrow;">Other Expenses<sup style="font-size:75%;vertical-align:top">1</sup></div> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right;">0.00%</td> <td style="BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;"> </td> </tr> <tr style="page-break-inside:avoid;font-family:arial narrow;font-size:8pt"> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:top;"> <div style="margin-top:0pt;margin-bottom:0pt;margin-left:1.00em;text-indent:-1.00em;font-size:8pt;font-family:arial narrow;font-weight:bold;">Total Annual Fund Operating Expenses</div> </td> <td style=" BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;"> </td> <td style="BORDER-BOTTOM:0.75pt solid #000000;vertical-align:bottom;text-align:right;">0.35%</td> <td style="BORDER-BOTTOM:0.75pt solid #000000;white-space:nowrap;vertical-align:bottom;"> </td> </tr> </table> <table cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:times new roman;font-size:7.5pt;border-spacing:0px;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:3%;vertical-align:top;text-align:left;"><span style="font-style:italic"><sup style="font-size:75%;vertical-align:top">1</sup> </span></td> <td style="vertical-align:top;text-align:left;"> <div style="margin-top:0pt;margin-bottom:0pt;font-size:7.5pt;font-family:times new roman;text-align:left;"><span style="font-style:italic">The Fund’s “Management Fees” and “Other Expenses” have been restated to reflect current fees. </span></div> </td> </tr> </table><div style="margin-top:6pt;margin-bottom:0pt;font-size:9pt;font-family:times new roman;"><span style="font-weight:bold">The following replaces in its entirety the “</span><span style="font-weight:bold"><span style="font-style:italic">Goldman Sachs ActiveBeta</span></span><span style="font-weight:bold"></span><span style="font-weight:bold"><span style="font-style:italic"><sup style="font-size:75%;vertical-align:top">®</sup></span></span><span style="font-weight:bold"> </span><span style="font-weight:bold"><span style="font-style:italic">Emerging Markets Equity ETF—Summary—Expense Example</span></span><span style="font-weight:bold">” section in the Prospectus and the “</span><span style="font-weight:bold"><span style="font-style:italic">Expense Example</span></span><span style="font-weight:bold">” section in the Summary Prospectus: </span></div><div style="margin-top:6pt;margin-bottom:0pt;font-size:9pt;font-family:times new roman;">This Example is intended to help you compare the cost of owning Shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be: </div> <table cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:arial narrow;font-size:7pt;width:30%;border-spacing:0px;margin:0 auto"> <tr> <td></td> <td style="vertical-align:bottom;width:13%;"></td> <td></td> <td style="vertical-align:bottom;width:13%;"></td> <td></td> <td style="vertical-align:bottom;width:13%;"></td> <td></td> </tr> <tr style="page-break-inside:avoid;font-family:arial narrow;font-size:7pt"> <td style="vertical-align:bottom;background-color:#e5e5e5;text-align:center;"> <div style="margin-top:0pt;margin-bottom:0pt;border-bottom:1.00pt solid #000000;display:inline-block;font-size:7pt;font-family:arial narrow;font-weight:bold;text-align:center;">1 Year</div> </td> <td style="vertical-align:bottom;">  </td> <td style="vertical-align:bottom;text-align:center;"> <div style="margin-top:0pt;margin-bottom:0pt;border-bottom:1.00pt solid #000000;display:inline-block;font-size:7pt;font-family:arial narrow;font-weight:bold;text-align:center;">3 Years</div> </td> <td style="vertical-align:bottom;background-color:#e5e5e5;">  </td> <td style="vertical-align:bottom;background-color:#e5e5e5;text-align:center;"> <div style="margin-top:0pt;margin-bottom:0pt;border-bottom:1.00pt solid #000000;display:inline-block;font-size:7pt;font-family:arial narrow;font-weight:bold;text-align:center;">5 Years</div> </td> <td style="vertical-align:bottom;">  </td> <td style="vertical-align:bottom;text-align:center;"> <div style="margin-top:0pt;margin-bottom:0pt;border-bottom:1.00pt solid #000000;display:inline-block;font-size:7pt;font-family:arial narrow;font-weight:bold;text-align:center;">10 Years</div> </td> </tr> <tr style="font-size:1pt"> <td style="height:1.5pt;background-color:#e5e5e5;"></td> <td colspan="2" style="height:1.5pt;"></td> <td colspan="2" style="height:1.5pt;background-color:#e5e5e5;"></td> <td colspan="2" style="height:1.5pt;"></td> </tr> <tr style="page-break-inside:avoid;font-family:arial narrow;font-size:8pt"> <td style="vertical-align:bottom;background-color:#e5e5e5;text-align:center;"><span style="font-weight:bold">$36</span></td> <td style="vertical-align:bottom;">  </td> <td style="vertical-align:bottom;text-align:center;"><span style="font-weight:bold">$113</span></td> <td style="vertical-align:bottom;background-color:#e5e5e5;">  </td> <td style="vertical-align:bottom;background-color:#e5e5e5;text-align:center;"><span style="font-weight:bold">$197</span></td> <td style="vertical-align:bottom;">  </td> <td style="vertical-align:bottom;text-align:center;"><span style="font-weight:bold">$443</span></td> </tr> </table> GOLDMAN SACHS ETF TRUST 2025-12-29 Annual Fund Operating Expenses(expenses that you pay each year as a percentage of the value of your investment) 0.0035 0.0000 0.0000 0.0035 The Fund’s “Management Fees” and “Other Expenses” have been restated to reflect current fees. This Example is intended to help you compare the cost of owning Shares of the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be: 36 113 197 443 The Fund’s “Management Fees” and “Other Expenses” have been restated to reflect current fees.