Thank you for your inquiry. A short answer: choose "canonical" in the indicator box. We replaced the term formative with this one. Then, you will have only weight estimates, not loading estimates.
GSCA (and PLS) represents a construct with a component or weighted composite of indicators. These indicators forming a component are called "composite" indicators in the SEM literature. There are different types of components. One is nomological components, which aim to explain both their composite indicators and dependent components. They include component loadings for composite indicators. This is the default choice in GSCA Pro. Another type is canonical components, which aim to explain their dependent components only. They do not involve loadings, although they can be calculated afterwards as in canonical correlation analysis. In previous literature of GSCA and PLS, the indicators for nomological components were called reflective, whereas those for canonical components were called formative.
However, I think the terms reflective and formative can apply only to the indicators for factors in factor-based SEM (often called covariance-based SEM). Thus, they are irrelevant to components.
If you are interested in these distinctions, you may want to look at the following references:
Cho, G., & Choi, J. Y. (2020). An empirical comparison of generalized structured component analysis and partial least squares path modeling under variance-based structural equation models. Behaviormetrika, 47(1), 243–272.
https://doi.org/10.1007/s41237-019-00098-0
Cho, G., Sarstedt, M., & Hwang, H. (2022). A comparative evaluation of factor- and component-based structural equation modeling approaches under (in)correct construct representations. British Journal of Mathematical and Statistical Psychology, 75, 220-251.
Best,
Heungsun