GBND vs. GSLC
GBND (Goldman Sachs Core Bond ETF) and GSLC (Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF) are both exchange-traded funds - GBND is a Intermediate Core Bond fund managed by Goldman Sachs, while GSLC is a Large Cap Growth Equities fund tracking the Goldman Sachs ActiveBeta U.S. Large Cap Equity Index. At a 0.33 correlation, their price movements are largely independent. GBND charges 0.25%/yr vs 0.09%/yr for GSLC.
Performance
GBND vs. GSLC - Performance Comparison
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Returns By Period
In the year-to-date period, GBND achieves a 0.45% return, which is significantly lower than GSLC's 5.86% return.
GBND
- 1D
- 0.09%
- 1M
- 0.70%
- YTD
- 0.45%
- 6M
- 0.54%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GSLC
- 1D
- -1.22%
- 1M
- -1.29%
- YTD
- 5.86%
- 6M
- 4.87%
- 1Y
- 19.37%
- 3Y*
- 19.26%
- 5Y*
- 11.78%
- 10Y*
- 14.65%
GBND vs. GSLC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GBND Goldman Sachs Core Bond ETF | 0.45% | 3.68% |
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF | 5.86% | 11.58% |
Correlation
The correlation between GBND and GSLC is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025 | 0.33 |
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Return for Risk
GBND vs. GSLC — Risk / Return Rank
GBND
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GSLC
GBND vs. GSLC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Core Bond ETF (GBND) and Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC). 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.
| GBND | GSLC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.29 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.05 | — |
| Martin ratioReturn relative to average drawdown | — | 8.86 | — |
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Drawdowns
GBND vs. GSLC - Drawdown Comparison
The maximum GBND drawdown since its inception was -2.76%, smaller than the maximum GSLC drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for GBND and GSLC.
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Drawdown Indicators
| GBND | GSLC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.76% | -33.69% | +30.93% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.49% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.66% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.90% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.69% | — |
Current DrawdownCurrent decline from peak | -1.29% | -3.08% | +1.79% |
Average DrawdownAverage peak-to-trough decline | -0.67% | -4.38% | +3.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.19% | — |
Volatility
GBND vs. GSLC - Volatility Comparison
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Volatility by Period
| GBND | GSLC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.60% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 9.67% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.64% | 12.28% | -8.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.64% | 16.71% | -13.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.64% | 17.70% | -14.06% |
GBND vs. GSLC - Expense Ratio Comparison
GBND has a 0.25% expense ratio, which is higher than GSLC's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
GBND vs. GSLC - Dividend Comparison
GBND's dividend yield for the trailing twelve months is around 3.45%, more than GSLC's 0.95% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GBND Goldman Sachs Core Bond ETF | 3.45% | 2.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF | 0.95% | 1.00% | 1.11% | 1.38% | 1.61% | 1.06% | 1.35% | 1.54% | 1.89% | 1.69% | 1.69% | 0.36% |
Frequently Asked Questions
GBND and GSLC have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GSLC is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GSLC is cheaper with a 0.09% expense ratio, compared with 0.25% for GBND.
GBND has the higher dividend yield at 3.45%, compared with 0.95% for GSLC.
GBND is categorized as Intermediate Core Bond, while GSLC is Large Cap Growth Equities. Their fees differ too: 0.25% for GBND and 0.09% for GSLC.
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