EUDG vs. GSEU
Compare and contrast key facts about WisdomTree Europe Quality Dividend Growth Fund (EUDG) and Goldman Sachs ActiveBeta Europe Equity ETF (GSEU).
EUDG and GSEU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EUDG is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Europe Quality Dividend Growth Index. It was launched on May 7, 2014. GSEU is a passively managed fund by Goldman Sachs that tracks the performance of the Goldman Sachs ActiveBeta Europe Equity Index. It was launched on Mar 2, 2016. Both EUDG and GSEU are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EUDG or GSEU.
Key characteristics
| EUDG | GSEU | |
|---|---|---|
| YTD Return | 0.20% | 3.27% |
| 1Y Return | 2.95% | 8.27% |
| 3Y Return (Ann) | 1.48% | 2.85% |
| 5Y Return (Ann) | 7.29% | 6.86% |
| Sharpe Ratio | 0.33 | 0.73 |
| Daily Std Dev | 12.31% | 12.60% |
| Max Drawdown | -33.76% | -35.71% |
| Current Drawdown | -3.48% | -1.69% |
Correlation
The correlation between EUDG and GSEU is 0.92, 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
EUDG vs. GSEU - Performance Comparison
In the year-to-date period, EUDG achieves a 0.20% return, which is significantly lower than GSEU's 3.27% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EUDG vs. GSEU - Expense Ratio Comparison
EUDG has a 0.58% expense ratio, which is higher than GSEU's 0.25% expense ratio.
Risk-Adjusted Performance
EUDG vs. GSEU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Europe Quality Dividend Growth Fund (EUDG) and Goldman Sachs ActiveBeta Europe Equity ETF (GSEU). 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
EUDG vs. GSEU - Dividend Comparison
EUDG's dividend yield for the trailing twelve months is around 2.01%, less than GSEU's 3.30% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
EUDG WisdomTree Europe Quality Dividend Growth Fund | 2.01% | 2.14% | 3.07% | 2.98% | 1.87% | 2.30% | 3.00% | 1.55% | 2.49% | 2.10% | 0.97% |
GSEU Goldman Sachs ActiveBeta Europe Equity ETF | 3.30% | 3.41% | 3.34% | 2.71% | 1.32% | 3.69% | 3.40% | 2.51% | 2.74% | 0.00% | 0.00% |
Drawdowns
EUDG vs. GSEU - Drawdown Comparison
The maximum EUDG drawdown since its inception was -33.76%, smaller than the maximum GSEU drawdown of -35.71%. Use the drawdown chart below to compare losses from any high point for EUDG and GSEU. For additional features, visit the drawdowns tool.
Volatility
EUDG vs. GSEU - Volatility Comparison
WisdomTree Europe Quality Dividend Growth Fund (EUDG) and Goldman Sachs ActiveBeta Europe Equity ETF (GSEU) have volatilities of 3.40% and 3.51%, 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.