GCLN vs. VOO
Compare and contrast key facts about Goldman Sachs Bloomberg Clean Energy Equity ETF (GCLN) and Vanguard S&P 500 ETF (VOO).
GCLN and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GCLN is a passively managed fund by Goldman Sachs that tracks the performance of the Bloomberg Goldman Sachs Global Clean Energy Index - Benchmark TR Gross. It was launched on Feb 8, 2022. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both GCLN and VOO 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: GCLN or VOO.
Correlation
The correlation between GCLN and VOO is 0.69, 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
GCLN vs. VOO - Performance Comparison
Key characteristics
Returns By Period
GCLN
N/A
N/A
N/A
N/A
N/A
N/A
VOO
4.06%
2.04%
9.70%
23.75%
14.34%
13.25%
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GCLN vs. VOO - Expense Ratio Comparison
GCLN has a 0.45% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
GCLN vs. VOO — Risk-Adjusted Performance Rank
GCLN
VOO
GCLN vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Bloomberg Clean Energy Equity ETF (GCLN) and Vanguard S&P 500 ETF (VOO). 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
GCLN vs. VOO - Dividend Comparison
GCLN has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.20%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF | 2.24% | 2.18% | 1.63% | 1.30% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.20% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
GCLN vs. VOO - Drawdown Comparison
Volatility
GCLN vs. VOO - Volatility Comparison
The current volatility for Goldman Sachs Bloomberg Clean Energy Equity ETF (GCLN) is 0.00%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.13%. This indicates that GCLN experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.