Correlation
The correlation between FEDM and GSID is 0.75, 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.
FEDM vs. GSID
Compare and contrast key facts about FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (FEDM) and Goldman Sachs MarketBeta International Equity ETF (GSID).
FEDM and GSID are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FEDM is a passively managed fund by FlexShares that tracks the performance of the Northern Trust ESG & Climate Developed Markets ex-US Core Index - Benchmark TR Net. It was launched on Sep 20, 2021. GSID is a passively managed fund by Goldman Sachs that tracks the performance of the Solactive GBS Developed Markets ex North America Large & Mid Cap Index. It was launched on May 12, 2020. Both FEDM and GSID 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: FEDM or GSID.
Performance
FEDM vs. GSID - Performance Comparison
Loading data...
Key characteristics
FEDM:
0.74
GSID:
0.80
FEDM:
1.08
GSID:
1.15
FEDM:
1.14
GSID:
1.15
FEDM:
0.80
GSID:
0.93
FEDM:
2.26
GSID:
2.77
FEDM:
5.07%
GSID:
4.70%
FEDM:
16.85%
GSID:
17.31%
FEDM:
-29.37%
GSID:
-29.89%
FEDM:
-0.34%
GSID:
-0.61%
Returns By Period
In the year-to-date period, FEDM achieves a 15.28% return, which is significantly lower than GSID's 17.09% return.
FEDM
15.28%
4.83%
11.45%
11.35%
9.74%
N/A
N/A
GSID
17.09%
4.92%
13.45%
12.83%
11.10%
11.07%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FEDM vs. GSID - Expense Ratio Comparison
FEDM has a 0.12% expense ratio, which is lower than GSID's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FEDM vs. GSID — Risk-Adjusted Performance Rank
FEDM
GSID
FEDM vs. GSID - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (FEDM) and Goldman Sachs MarketBeta International Equity ETF (GSID). 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.
Loading data...
Dividends
FEDM vs. GSID - Dividend Comparison
FEDM's dividend yield for the trailing twelve months is around 2.61%, more than GSID's 2.49% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
FEDM FlexShares ESG & Climate Developed Markets ex-US Core Index Fund | 2.61% | 2.94% | 2.61% | 2.53% | 0.62% | 0.00% |
GSID Goldman Sachs MarketBeta International Equity ETF | 2.49% | 2.91% | 2.60% | 2.57% | 2.93% | 1.02% |
Drawdowns
FEDM vs. GSID - Drawdown Comparison
The maximum FEDM drawdown since its inception was -29.37%, roughly equal to the maximum GSID drawdown of -29.89%. Use the drawdown chart below to compare losses from any high point for FEDM and GSID.
Loading data...
Volatility
FEDM vs. GSID - Volatility Comparison
FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (FEDM) has a higher volatility of 3.25% compared to Goldman Sachs MarketBeta International Equity ETF (GSID) at 2.99%. This indicates that FEDM's price experiences larger fluctuations and is considered to be riskier than GSID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...