AGQI vs. GLOV
Compare and contrast key facts about First Trust Active Global Quality Income ETF (AGQI) and Goldman Sachs ActiveBeta(R) World Low Vol Plus Equity ETF (GLOV).
AGQI and GLOV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AGQI is an actively managed fund by First Trust. It was launched on Nov 21, 2023. GLOV is a passively managed fund by Goldman Sachs that tracks the performance of the Goldman Sachs ActiveBeta World Low Vol Plus Equity Index - Benchmark TR Net. It was launched on Mar 15, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AGQI or GLOV.
Correlation
The correlation between AGQI and GLOV is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AGQI vs. GLOV - Performance Comparison
Key characteristics
AGQI:
0.33
GLOV:
1.20
AGQI:
0.60
GLOV:
1.73
AGQI:
1.08
GLOV:
1.25
AGQI:
0.38
GLOV:
1.67
AGQI:
1.18
GLOV:
7.74
AGQI:
4.51%
GLOV:
2.15%
AGQI:
14.76%
GLOV:
13.57%
AGQI:
-14.07%
GLOV:
-17.77%
AGQI:
-1.99%
GLOV:
-0.38%
Returns By Period
In the year-to-date period, AGQI achieves a 7.89% return, which is significantly higher than GLOV's 6.53% return.
AGQI
7.89%
14.06%
1.54%
4.90%
N/A
N/A
GLOV
6.53%
11.70%
2.50%
16.17%
N/A
N/A
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AGQI vs. GLOV - Expense Ratio Comparison
AGQI has a 0.85% expense ratio, which is higher than GLOV's 0.25% expense ratio.
Risk-Adjusted Performance
AGQI vs. GLOV — Risk-Adjusted Performance Rank
AGQI
GLOV
AGQI vs. GLOV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Active Global Quality Income ETF (AGQI) and Goldman Sachs ActiveBeta(R) World Low Vol Plus Equity ETF (GLOV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
AGQI vs. GLOV - Dividend Comparison
AGQI's dividend yield for the trailing twelve months is around 2.78%, more than GLOV's 1.68% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
AGQI First Trust Active Global Quality Income ETF | 2.78% | 2.14% | 0.14% | 0.00% |
GLOV Goldman Sachs ActiveBeta(R) World Low Vol Plus Equity ETF | 1.68% | 1.75% | 2.06% | 1.73% |
Drawdowns
AGQI vs. GLOV - Drawdown Comparison
The maximum AGQI drawdown since its inception was -14.07%, smaller than the maximum GLOV drawdown of -17.77%. Use the drawdown chart below to compare losses from any high point for AGQI and GLOV. For additional features, visit the drawdowns tool.
Volatility
AGQI vs. GLOV - Volatility Comparison
First Trust Active Global Quality Income ETF (AGQI) and Goldman Sachs ActiveBeta(R) World Low Vol Plus Equity ETF (GLOV) have volatilities of 6.57% and 6.73%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.