GACB.DE vs. GACA.DE
Compare and contrast key facts about Goldman Sachs ActiveBeta Emerging Markets Equity UCITS ETF CLASS USD (Acc.) (GACB.DE) and Goldman Sachs ActiveBeta US Large Cap Equity UCITS ETF CLASS USD (Acc.) (GACA.DE).
GACB.DE and GACA.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GACB.DE is a passively managed fund by Goldman Sachs that tracks the performance of the Goldman Sachs ActiveBeta Emerging Markets Equity. It was launched on Nov 4, 2019. 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. Both GACB.DE and GACA.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: GACB.DE or GACA.DE.
Key characteristics
| GACB.DE | GACA.DE | |
|---|---|---|
| YTD Return | 12.91% | 23.07% |
| 1Y Return | 16.35% | 31.28% |
| 3Y Return (Ann) | 1.02% | 9.73% |
| Sharpe Ratio | 1.25 | 2.73 |
| Sortino Ratio | 1.80 | 3.57 |
| Omega Ratio | 1.24 | 1.54 |
| Calmar Ratio | 0.63 | 3.68 |
| Martin Ratio | 6.19 | 16.09 |
| Ulcer Index | 2.64% | 1.91% |
| Daily Std Dev | 12.98% | 11.24% |
| Max Drawdown | -31.63% | -33.50% |
| Current Drawdown | -12.65% | -3.02% |
Correlation
The correlation between GACB.DE and GACA.DE is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GACB.DE vs. GACA.DE - Performance Comparison
In the year-to-date period, GACB.DE achieves a 12.91% return, which is significantly lower than GACA.DE's 23.07% 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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GACB.DE vs. GACA.DE - Expense Ratio Comparison
GACB.DE has a 0.49% expense ratio, which is higher than GACA.DE's 0.14% expense ratio.
Risk-Adjusted Performance
GACB.DE vs. GACA.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs ActiveBeta Emerging Markets Equity UCITS ETF CLASS USD (Acc.) (GACB.DE) and Goldman Sachs ActiveBeta US Large Cap Equity UCITS ETF CLASS USD (Acc.) (GACA.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
GACB.DE vs. GACA.DE - Dividend Comparison
Neither GACB.DE nor GACA.DE has paid dividends to shareholders.
Drawdowns
GACB.DE vs. GACA.DE - Drawdown Comparison
The maximum GACB.DE drawdown since its inception was -31.63%, smaller than the maximum GACA.DE drawdown of -33.50%. Use the drawdown chart below to compare losses from any high point for GACB.DE and GACA.DE. For additional features, visit the drawdowns tool.
Volatility
GACB.DE vs. GACA.DE - Volatility Comparison
Goldman Sachs ActiveBeta Emerging Markets Equity UCITS ETF CLASS USD (Acc.) (GACB.DE) has a higher volatility of 4.16% compared to Goldman Sachs ActiveBeta US Large Cap Equity UCITS ETF CLASS USD (Acc.) (GACA.DE) at 2.48%. This indicates that GACB.DE's price experiences larger fluctuations and is considered to be riskier than GACA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.