GCOR vs. XLK
GCOR (Goldman Sachs Access U.S. Aggregate Bond ETF) and XLK (State Street Technology Select Sector SPDR ETF) are both exchange-traded funds - GCOR is a Intermediate Core Bond fund tracking the FTSE Goldman Sachs US Broad Bond Market Index, while XLK is a Technology Equities fund tracking the S&P Technology Select Sector Daily Capped 35/20 Index. Both are passively managed. Over the past 5 years, GCOR returned -0.24%/yr vs 23.83%/yr for XLK. At a 0.14 correlation, their price movements are largely independent. Both charge a 0.08% expense ratio.
Performance
GCOR vs. XLK - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GCOR achieves a 0.16% return, which is significantly lower than XLK's 36.47% return.
GCOR
- 1D
- -0.23%
- 1M
- 0.17%
- YTD
- 0.16%
- 6M
- 0.01%
- 1Y
- 4.97%
- 3Y*
- 3.71%
- 5Y*
- -0.24%
- 10Y*
- —
XLK
- 1D
- -1.00%
- 1M
- 21.09%
- YTD
- 36.47%
- 6M
- 35.71%
- 1Y
- 66.93%
- 3Y*
- 33.90%
- 5Y*
- 23.83%
- 10Y*
- 25.84%
GCOR vs. XLK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
GCOR Goldman Sachs Access U.S. Aggregate Bond ETF | 0.16% | 7.22% | 0.51% | 5.79% | -13.83% | -1.88% | 0.39% |
XLK State Street Technology Select Sector SPDR ETF | 36.47% | 24.61% | 21.63% | 56.02% | -27.73% | 34.74% | 14.74% |
Correlation
The correlation between GCOR and XLK is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Sep 11, 2020 | 0.14 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GCOR vs. XLK — Risk / Return Rank
GCOR
XLK
GCOR vs. XLK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Access U.S. Aggregate Bond ETF (GCOR) and State Street Technology Select Sector SPDR ETF (XLK). 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.
| GCOR | XLK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.87 | ||
| Sortino ratioReturn per unit of downside risk | -1.90 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.52 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | 1.77 | 4.22 | -2.45 |
| Martin ratioReturn relative to average drawdown | 5.42 | 14.16 | -8.73 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| GCOR | XLK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.37 | 3.24 | -1.87 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.04 | 0.96 | -1.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.06 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.10 | 0.42 | -0.52 |
Drawdowns
GCOR vs. XLK - Drawdown Comparison
The maximum GCOR drawdown since its inception was -18.94%, smaller than the maximum XLK drawdown of -82.05%. Use the drawdown chart below to compare losses from any high point for GCOR and XLK.
Loading charts...
Drawdown Indicators
| GCOR | XLK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.94% | -82.05% | +63.11% |
Max Drawdown (1Y)Largest decline over 1 year | -2.82% | -15.92% | +13.10% |
Max Drawdown (3Y)Largest decline over 3 years | -6.09% | -25.66% | +19.57% |
Max Drawdown (5Y)Largest decline over 5 years | -18.63% | -33.56% | +14.93% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.56% | — |
Current DrawdownCurrent decline from peak | -3.52% | -1.00% | -2.52% |
Average DrawdownAverage peak-to-trough decline | -7.99% | -34.96% | +26.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.92% | 4.74% | -3.82% |
Volatility
GCOR vs. XLK - Volatility Comparison
The current volatility for Goldman Sachs Access U.S. Aggregate Bond ETF (GCOR) is 1.27%, while State Street Technology Select Sector SPDR ETF (XLK) has a volatility of 6.98%. This indicates that GCOR experiences smaller price fluctuations and is considered to be less risky than XLK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GCOR | XLK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.27% | 6.98% | -5.71% |
Volatility (6M)Calculated over the trailing 6-month period | 2.65% | 16.68% | -14.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.65% | 20.82% | -17.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.81% | 24.90% | -19.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.52% | 24.49% | -18.97% |
GCOR vs. XLK - Expense Ratio Comparison
Both GCOR and XLK have an expense ratio of 0.08%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
GCOR vs. XLK - Dividend Comparison
GCOR's dividend yield for the trailing twelve months is around 4.17%, more than XLK's 0.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GCOR Goldman Sachs Access U.S. Aggregate Bond ETF | 4.17% | 4.03% | 4.36% | 3.67% | 2.11% | 0.92% | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLK State Street Technology Select Sector SPDR ETF | 0.39% | 0.54% | 0.66% | 0.76% | 1.04% | 0.65% | 0.92% | 1.16% | 1.60% | 1.37% | 1.74% | 1.79% |
Frequently Asked Questions
GCOR and XLK have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XLK has higher volatility (6.98%) compared to GCOR (1.27%). In terms of maximum drawdown, GCOR dropped -18.94% vs XLK's -82.05%.
On 5-year performance, XLK leads with 23.83% vs -0.24% for GCOR. Both ETFs have the same 0.08% expense ratio. On volatility, GCOR has been the lower-risk option at 1.27%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, XLK has performed better with a 23.83% return vs -0.24%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GCOR and XLK have the same expense ratio: 0.08% per year.
GCOR has the higher dividend yield at 4.17%, compared with 0.39% for XLK.
GCOR is categorized as Intermediate Core Bond, while XLK is Technology Equities. GCOR tracks FTSE Goldman Sachs US Broad Bond Market Index, while XLK tracks S&P Technology Select Sector Daily Capped 35/20 Index. They also come from different issuers: Goldman Sachs and State Street.
XLK currently has the higher Sharpe Ratio (3.24 vs 1.37), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for GCOR and XLK
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer