ECAT vs. GPIQ
Compare and contrast key facts about BlackRock ESG Capital Allocation Term Trust (ECAT) and Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ).
ECAT is managed by Blackrock. It was launched on Sep 28, 2021. GPIQ is an actively managed fund by Goldman Sachs. It was launched on Oct 24, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ECAT or GPIQ.
Correlation
The correlation between ECAT and GPIQ is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ECAT vs. GPIQ - Performance Comparison
Key characteristics
ECAT:
1.47
GPIQ:
1.55
ECAT:
1.98
GPIQ:
2.09
ECAT:
1.26
GPIQ:
1.29
ECAT:
2.29
GPIQ:
2.03
ECAT:
7.19
GPIQ:
8.01
ECAT:
2.89%
GPIQ:
2.95%
ECAT:
14.19%
GPIQ:
15.32%
ECAT:
-32.23%
GPIQ:
-11.66%
ECAT:
-0.37%
GPIQ:
-0.30%
Returns By Period
In the year-to-date period, ECAT achieves a 6.08% return, which is significantly higher than GPIQ's 5.08% return.
ECAT
6.08%
2.37%
6.27%
20.49%
N/A
N/A
GPIQ
5.08%
2.51%
14.14%
24.80%
N/A
N/A
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ECAT vs. GPIQ - Expense Ratio Comparison
ECAT has a 1.38% expense ratio, which is higher than GPIQ's 0.29% expense ratio.
Risk-Adjusted Performance
ECAT vs. GPIQ — Risk-Adjusted Performance Rank
ECAT
GPIQ
ECAT vs. GPIQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock ESG Capital Allocation Term Trust (ECAT) and Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ). 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
ECAT vs. GPIQ - Dividend Comparison
ECAT's dividend yield for the trailing twelve months is around 18.93%, more than GPIQ's 9.83% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
ECAT BlackRock ESG Capital Allocation Term Trust | 18.93% | 17.45% | 9.14% | 8.94% | 0.54% |
GPIQ Goldman Sachs Nasdaq-100 Core Premium Income ETF | 9.83% | 9.18% | 1.74% | 0.00% | 0.00% |
Drawdowns
ECAT vs. GPIQ - Drawdown Comparison
The maximum ECAT drawdown since its inception was -32.23%, which is greater than GPIQ's maximum drawdown of -11.66%. Use the drawdown chart below to compare losses from any high point for ECAT and GPIQ. For additional features, visit the drawdowns tool.
Volatility
ECAT vs. GPIQ - Volatility Comparison
The current volatility for BlackRock ESG Capital Allocation Term Trust (ECAT) is 3.08%, while Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ) has a volatility of 3.87%. This indicates that ECAT experiences smaller price fluctuations and is considered to be less risky than GPIQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.