FBOT vs. GINN

Last updated Jun 25, 2026

FBOT (Fidelity Disruptive Automation ETF) and GINN (Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF) are both Technology Equities funds. FBOT is actively managed, while GINN is passively managed. Over the past 3 years, FBOT returned 15.00%/yr vs 18.20%/yr for GINN. Their correlation of 0.86 suggests significant overlap in exposure. Both charge a 0.50% expense ratio.

Performance

FBOT vs. GINN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Disruptive Automation ETF (FBOT) and Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FBOT achieves a 13.70% return, which is significantly higher than GINN's 4.77% return.

FBOT

• 1D: -0.22%
• 1M: -3.43%
• YTD: 13.70%
• 6M: 12.72%
• 1Y: 30.04%
• 3Y*: 15.00%
• 5Y*: —
• 10Y*: —

GINN

• 1D: -0.21%
• 1M: -2.16%
• YTD: 4.77%
• 6M: 3.25%
• 1Y: 17.26%
• 3Y*: 18.20%
• 5Y*: 5.32%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FBOT vs. GINN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FBOT Fidelity Disruptive Automation ETF	13.70%	19.15%	12.58%	-0.65%
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF	4.77%	20.25%	18.71%	10.66%

Correlation

The correlation between FBOT and GINN is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (All Time) Calculated using the full available price history since Jun 12, 2023	0.86

The correlation between FBOT and GINN has been stable across timeframes, ranging from 0.85 to 0.86 - a consistent structural relationship.

FBOT vs. GINN - Sectors Allocation Comparison

Sectors	FBOT	GINN
Industrials	51.0%	4.7%
Technology	37.9%	32.6%
Consumer Cyclical	6.0%	12.7%
Communication Services	4.4%	10.7%
Healthcare	0.8%	20.6%
Basic Materials	-	0.1%
Consumer Defensive	-	1.8%
Energy	-	1.7%
Financial Services	-	12.4%
Real Estate	-	0.6%
Utilities	-	1.7%

Return for Risk

FBOT vs. GINN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FBOT

FBOT Risk / Return Rank: 45
FBOT Sharpe Ratio Rank: 45
FBOT Sortino Ratio Rank: 42
FBOT Omega Ratio Rank: 43
FBOT Calmar Ratio Rank: 44
FBOT Martin Ratio Rank: 50

GINN

GINN Risk / Return Rank: 31
GINN Sharpe Ratio Rank: 32
GINN Sortino Ratio Rank: 31
GINN Omega Ratio Rank: 30
GINN Calmar Ratio Rank: 29
GINN Martin Ratio Rank: 34

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FBOT vs. GINN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Disruptive Automation ETF (FBOT) and Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FBOT	GINN	Difference
Sharpe ratio: Return per unit of total volatility	1.42	1.06	+0.36
Sortino ratio: Return per unit of downside risk	1.97	1.53	+0.44
Omega ratio: Gain probability vs. loss probability	1.25	1.19	+0.06
Calmar ratio: Return relative to maximum drawdown	1.99	1.31	+0.68
Martin ratio: Return relative to average drawdown	7.65	4.60	+3.05

FBOT vs. GINN - Sharpe Ratio Comparison

The current FBOT Sharpe Ratio is 1.42, which is higher than the GINN Sharpe Ratio of 1.06. The chart below compares the historical Sharpe Ratios of FBOT and GINN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FBOT vs. GINN - Drawdown Comparison

The maximum FBOT drawdown since its inception was -23.61%, smaller than the maximum GINN drawdown of -41.25%. Use the drawdown chart below to compare losses from any high point for FBOT and GINN.

Drawdown Indicators

	FBOT	GINN	Difference
Max Drawdown Largest peak-to-trough decline	-23.61%	-41.25%	+17.64%
Max Drawdown (1Y) Largest decline over 1 year	-15.17%	-13.18%	-1.99%
Max Drawdown (3Y) Largest decline over 3 years	-23.61%	-22.25%	-1.36%
Max Drawdown (5Y) Largest decline over 5 years	—	-41.25%	—
Current Drawdown Current decline from peak	-5.68%	-5.13%	-0.55%
Average Drawdown Average peak-to-trough decline	-5.12%	-13.27%	+8.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.94%	3.76%	+0.18%

Volatility

FBOT vs. GINN - Volatility Comparison

Fidelity Disruptive Automation ETF (FBOT) has a higher volatility of 8.13% compared to Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN) at 5.76%. This indicates that FBOT's price experiences larger fluctuations and is considered to be riskier than GINN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FBOT	GINN	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.13%	5.76%	+2.37%
Volatility (6M) Calculated over the trailing 6-month period	17.35%	12.88%	+4.47%
Volatility (1Y) Calculated over the trailing 1-year period	21.40%	16.55%	+4.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.20%	21.43%	-0.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.20%	21.06%	+0.14%

FBOT vs. GINN - Expense Ratio Comparison

Both FBOT and GINN have an expense ratio of 0.50%.

Dividends

FBOT vs. GINN - Dividend Comparison

FBOT's dividend yield for the trailing twelve months is around 0.44%, less than GINN's 1.20% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
FBOT Fidelity Disruptive Automation ETF	0.44%	0.81%	0.31%	0.20%	0.00%	0.00%	0.00%
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF	1.20%	1.26%	1.26%	1.01%	0.69%	0.67%	0.07%

Frequently Asked Questions

Can I hold both FBOT and GINN in my portfolio?

FBOT and GINN have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FBOT or GINN?

FBOT has higher volatility (8.13%) compared to GINN (5.76%). In terms of maximum drawdown, FBOT dropped -23.61% vs GINN's -41.25%.

Which ETF is better, FBOT or GINN?

On 3-year performance, GINN leads with 18.20% vs 15.00% for FBOT. Both ETFs have the same 0.50% expense ratio. On volatility, GINN has been the lower-risk option at 5.76%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FBOT or GINN?

Over the 3-year period, GINN has performed better with a 18.20% return vs 15.00%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FBOT or GINN?

FBOT and GINN have the same expense ratio: 0.50% per year.

Which ETF pays a higher dividend yield, FBOT or GINN?

GINN has the higher dividend yield at 1.20%, compared with 0.44% for FBOT.

What is the main difference between FBOT and GINN?

They also come from different issuers: Fidelity and Goldman Sachs.

Which has better risk-adjusted returns?

FBOT currently has the higher Sharpe Ratio (1.42 vs 1.06), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.