GACA.DE vs. IS3S.DE
Compare and contrast key facts about Goldman Sachs ActiveBeta US Large Cap Equity UCITS ETF CLASS USD (Acc.) (GACA.DE) and iShares Edge MSCI World Value Factor UCITS ETF (IS3S.DE).
GACA.DE and IS3S.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GACA.DE is a passively managed fund by Goldman Sachs that tracks the performance of the Goldman Sachs ActiveBeta US Large Cap Equity. It was launched on Sep 23, 2019. IS3S.DE is a passively managed fund by iShares that tracks the performance of the MSCI World Enhanced Value. It was launched on Oct 3, 2014. Both GACA.DE and IS3S.DE 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: GACA.DE or IS3S.DE.
Key characteristics
| GACA.DE | IS3S.DE | |
|---|---|---|
| YTD Return | 23.07% | 9.00% |
| 1Y Return | 31.28% | 14.58% |
| 3Y Return (Ann) | 9.73% | 7.43% |
| 5Y Return (Ann) | 14.39% | 6.75% |
| Sharpe Ratio | 2.73 | 1.56 |
| Sortino Ratio | 3.57 | 1.99 |
| Omega Ratio | 1.54 | 1.30 |
| Calmar Ratio | 3.68 | 1.78 |
| Martin Ratio | 16.09 | 7.44 |
| Ulcer Index | 1.91% | 2.26% |
| Daily Std Dev | 11.24% | 10.84% |
| Max Drawdown | -33.50% | -35.18% |
| Current Drawdown | -3.02% | -2.36% |
Correlation
The correlation between GACA.DE and IS3S.DE is 0.80, 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
GACA.DE vs. IS3S.DE - Performance Comparison
In the year-to-date period, GACA.DE achieves a 23.07% return, which is significantly higher than IS3S.DE's 9.00% 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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GACA.DE vs. IS3S.DE - Expense Ratio Comparison
GACA.DE has a 0.14% expense ratio, which is lower than IS3S.DE's 0.30% expense ratio.
Risk-Adjusted Performance
GACA.DE vs. IS3S.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs ActiveBeta US Large Cap Equity UCITS ETF CLASS USD (Acc.) (GACA.DE) and iShares Edge MSCI World Value Factor UCITS ETF (IS3S.DE). 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
GACA.DE vs. IS3S.DE - Dividend Comparison
Neither GACA.DE nor IS3S.DE has paid dividends to shareholders.
Drawdowns
GACA.DE vs. IS3S.DE - Drawdown Comparison
The maximum GACA.DE drawdown since its inception was -33.50%, roughly equal to the maximum IS3S.DE drawdown of -35.18%. Use the drawdown chart below to compare losses from any high point for GACA.DE and IS3S.DE. For additional features, visit the drawdowns tool.
Volatility
GACA.DE vs. IS3S.DE - Volatility Comparison
Goldman Sachs ActiveBeta US Large Cap Equity UCITS ETF CLASS USD (Acc.) (GACA.DE) has a higher volatility of 2.48% compared to iShares Edge MSCI World Value Factor UCITS ETF (IS3S.DE) at 1.84%. This indicates that GACA.DE's price experiences larger fluctuations and is considered to be riskier than IS3S.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.