GCOR vs. SPHY
Compare and contrast key facts about Goldman Sachs Access U.S. Aggregate Bond ETF (GCOR) and SPDR Portfolio High Yield Bond ETF (SPHY).
GCOR and SPHY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GCOR is a passively managed fund by Goldman Sachs that tracks the performance of the FTSE Goldman Sachs US Broad Bond Market Index. It was launched on Sep 8, 2020. SPHY is a passively managed fund by State Street that tracks the performance of the ICE BofAML US High Yield Index. It was launched on Jun 18, 2012. Both GCOR and SPHY 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: GCOR or SPHY.
Correlation
The correlation between GCOR and SPHY is 0.47, 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
GCOR vs. SPHY - Performance Comparison
Key characteristics
GCOR:
0.00
SPHY:
1.99
GCOR:
0.04
SPHY:
2.83
GCOR:
1.00
SPHY:
1.37
GCOR:
0.00
SPHY:
3.62
GCOR:
0.00
SPHY:
14.27
GCOR:
2.22%
SPHY:
0.58%
GCOR:
5.73%
SPHY:
4.17%
GCOR:
-18.94%
SPHY:
-21.97%
GCOR:
-11.01%
SPHY:
-0.94%
Returns By Period
In the year-to-date period, GCOR achieves a -0.95% return, which is significantly lower than SPHY's -0.04% return.
GCOR
-0.95%
-1.79%
-0.99%
-0.23%
N/A
N/A
SPHY
-0.04%
-0.44%
3.63%
8.04%
4.17%
4.42%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GCOR vs. SPHY - Expense Ratio Comparison
GCOR has a 0.14% expense ratio, which is higher than SPHY's 0.10% 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%.
Risk-Adjusted Performance
GCOR vs. SPHY — Risk-Adjusted Performance Rank
GCOR
SPHY
GCOR vs. SPHY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Access U.S. Aggregate Bond ETF (GCOR) and SPDR Portfolio High Yield Bond ETF (SPHY). 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
GCOR vs. SPHY - Dividend Comparison
GCOR's dividend yield for the trailing twelve months is around 4.40%, less than SPHY's 7.80% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GCOR Goldman Sachs Access U.S. Aggregate Bond ETF | 4.40% | 4.35% | 3.68% | 2.11% | 0.92% | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPHY SPDR Portfolio High Yield Bond ETF | 7.80% | 7.80% | 7.30% | 6.46% | 5.13% | 5.63% | 5.73% | 4.09% | 4.41% | 4.28% | 4.29% | 3.98% |
Drawdowns
GCOR vs. SPHY - Drawdown Comparison
The maximum GCOR drawdown since its inception was -18.94%, smaller than the maximum SPHY drawdown of -21.97%. Use the drawdown chart below to compare losses from any high point for GCOR and SPHY. For additional features, visit the drawdowns tool.
Volatility
GCOR vs. SPHY - Volatility Comparison
The current volatility for Goldman Sachs Access U.S. Aggregate Bond ETF (GCOR) is 1.34%, while SPDR Portfolio High Yield Bond ETF (SPHY) has a volatility of 1.56%. This indicates that GCOR experiences smaller price fluctuations and is considered to be less risky than SPHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.