FINX vs. GINN

Last updated Jun 24, 2026

FINX (Global X FinTech ETF) and GINN (Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF) are both Technology Equities funds - FINX tracks the Indxx Global FinTech Thematic Index while GINN tracks the Solactive Innovative Global Equity Index. Both are passively managed. Over the past 5 years, FINX returned -11.80%/yr vs 5.45%/yr for GINN. Their correlation of 0.89 suggests significant overlap in exposure. FINX charges 0.68%/yr vs 0.50%/yr for GINN.

Performance

FINX vs. GINN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X FinTech ETF (FINX) 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, FINX achieves a -17.47% return, which is significantly lower than GINN's 5.00% return.

FINX

• 1D: -0.74%
• 1M: -2.12%
• YTD: -17.47%
• 6M: -19.57%
• 1Y: -25.00%
• 3Y*: 5.24%
• 5Y*: -11.80%
• 10Y*: —

GINN

• 1D: -1.06%
• 1M: -1.95%
• YTD: 5.00%
• 6M: 3.65%
• 1Y: 20.17%
• 3Y*: 18.28%
• 5Y*: 5.45%
• 10Y*: —

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

FINX vs. GINN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
FINX Global X FinTech ETF	-17.47%	-5.20%	23.02%	33.15%	-51.80%	-9.65%	16.28%
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF	5.00%	20.25%	18.71%	29.94%	-32.40%	10.39%	8.08%

Correlation

The correlation between FINX and GINN is 0.83, 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	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.85
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (All Time) Calculated using the full available price history since Nov 9, 2020	0.89

The correlation between FINX and GINN has been stable across timeframes, ranging from 0.83 to 0.89 - a consistent structural relationship.

FINX vs. GINN - Sectors Allocation Comparison

Sectors	FINX	GINN
Technology	53.0%	32.6%
Financial Services	42.0%	12.4%
Industrials	3.8%	4.7%
Healthcare	1.3%	20.6%
Basic Materials	-	0.1%
Communication Services	-	10.7%
Consumer Cyclical	-	12.7%
Consumer Defensive	-	1.8%
Energy	-	1.7%
Real Estate	-	0.6%
Utilities	-	1.7%

Return for Risk

FINX vs. GINN — Risk / Return Rank

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

FINX

FINX Risk / Return Rank: 3
FINX Sharpe Ratio Rank: 2
FINX Sortino Ratio Rank: 3
FINX Omega Ratio Rank: 3
FINX Calmar Ratio Rank: 3
FINX Martin Ratio Rank: 3

GINN

GINN Risk / Return Rank: 35
GINN Sharpe Ratio Rank: 36
GINN Sortino Ratio Rank: 35
GINN Omega Ratio Rank: 34
GINN Calmar Ratio Rank: 33
GINN Martin Ratio Rank: 37

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.

FINX vs. GINN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X FinTech ETF (FINX) 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.

	FINX	GINN	Difference
Sharpe ratio: Return per unit of total volatility	-0.84	1.22	-2.07
Sortino ratio: Return per unit of downside risk	-1.06	1.75	-2.80
Omega ratio: Gain probability vs. loss probability	0.87	1.22	-0.34
Calmar ratio: Return relative to maximum drawdown	-0.69	1.54	-2.22
Martin ratio: Return relative to average drawdown	-1.24	5.39	-6.63

FINX vs. GINN - Sharpe Ratio Comparison

The current FINX Sharpe Ratio is -0.84, which is lower than the GINN Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of FINX 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

FINX vs. GINN - Drawdown Comparison

The maximum FINX drawdown since its inception was -63.53%, which is greater than GINN's maximum drawdown of -41.25%. Use the drawdown chart below to compare losses from any high point for FINX and GINN.

Drawdown Indicators

	FINX	GINN	Difference
Max Drawdown Largest peak-to-trough decline	-63.53%	-41.25%	-22.28%
Max Drawdown (1Y) Largest decline over 1 year	-36.58%	-13.18%	-23.40%
Max Drawdown (3Y) Largest decline over 3 years	-36.58%	-22.25%	-14.33%
Max Drawdown (5Y) Largest decline over 5 years	-63.53%	-41.25%	-22.28%
Current Drawdown Current decline from peak	-50.64%	-4.93%	-45.71%
Average Drawdown Average peak-to-trough decline	-24.58%	-13.28%	-11.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.22%	3.75%	+16.47%

Volatility

FINX vs. GINN - Volatility Comparison

Global X FinTech ETF (FINX) has a higher volatility of 10.46% compared to Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN) at 5.81%. This indicates that FINX'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

	FINX	GINN	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.46%	5.81%	+4.65%
Volatility (6M) Calculated over the trailing 6-month period	23.62%	12.92%	+10.70%
Volatility (1Y) Calculated over the trailing 1-year period	29.84%	16.57%	+13.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.56%	21.44%	+10.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.75%	21.07%	+7.68%

FINX vs. GINN - Expense Ratio Comparison

FINX has a 0.68% expense ratio, which is higher than GINN's 0.50% expense ratio.

Dividends

FINX vs. GINN - Dividend Comparison

FINX's dividend yield for the trailing twelve months is around 0.70%, less than GINN's 1.20% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FINX Global X FinTech ETF	0.70%	0.58%	0.72%	0.21%	0.27%	5.40%	0.00%	0.00%	0.18%	0.11%
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF	1.20%	1.26%	1.26%	1.01%	0.69%	0.67%	0.07%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FINX and GINN in my portfolio?

FINX and GINN have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FINX or GINN?

FINX has higher volatility (10.46%) compared to GINN (5.81%). In terms of maximum drawdown, FINX dropped -63.53% vs GINN's -41.25%.

Which ETF is better, FINX or GINN?

On 5-year performance, GINN leads with 5.45% vs -11.80% for FINX. On fees, GINN is cheaper at 0.50% per year. On volatility, GINN has been the lower-risk option at 5.81%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FINX or GINN?

Over the 5-year period, GINN has performed better with a 5.45% return vs -11.80%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FINX or GINN?

GINN is cheaper with a 0.50% expense ratio, compared with 0.68% for FINX.

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

GINN has the higher dividend yield at 1.20%, compared with 0.70% for FINX.

What is the main difference between FINX and GINN?

FINX tracks Indxx Global FinTech Thematic Index, while GINN tracks Solactive Innovative Global Equity Index. They also come from different issuers: Global X and Goldman Sachs. Their fees differ too: 0.68% for FINX and 0.50% for GINN.

Which has better risk-adjusted returns?

GINN currently has the higher Sharpe Ratio (1.22 vs -0.84), 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.