GDEF vs. SPLG
Compare and contrast key facts about Goldman Sachs Defensive Equity ETF (GDEF) and SPDR Portfolio S&P 500 ETF (SPLG).
GDEF and SPLG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GDEF is an actively managed fund by Goldman Sachs. It was launched on Sep 30, 2020. SPLG is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Nov 15, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GDEF or SPLG.
Correlation
The correlation between GDEF and SPLG is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
GDEF vs. SPLG - Performance Comparison
Key characteristics
Returns By Period
GDEF
N/A
N/A
N/A
N/A
N/A
N/A
SPLG
4.03%
2.87%
10.75%
23.14%
14.37%
13.29%
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GDEF vs. SPLG - Expense Ratio Comparison
GDEF has a 0.55% expense ratio, which is higher than SPLG's 0.03% expense ratio.
Risk-Adjusted Performance
GDEF vs. SPLG — Risk-Adjusted Performance Rank
GDEF
SPLG
GDEF vs. SPLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Defensive Equity ETF (GDEF) and SPDR Portfolio S&P 500 ETF (SPLG). 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
GDEF vs. SPLG - Dividend Comparison
GDEF has not paid dividends to shareholders, while SPLG's dividend yield for the trailing twelve months is around 1.23%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GDEF Goldman Sachs Defensive Equity ETF | 100.64% | 100.64% | 1.02% | 0.91% | 0.47% | 0.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPLG SPDR Portfolio S&P 500 ETF | 1.23% | 1.28% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% | 1.79% |
Drawdowns
GDEF vs. SPLG - Drawdown Comparison
Volatility
GDEF vs. SPLG - Volatility Comparison
The current volatility for Goldman Sachs Defensive Equity ETF (GDEF) is 0.00%, while SPDR Portfolio S&P 500 ETF (SPLG) has a volatility of 3.12%. This indicates that GDEF experiences smaller price fluctuations and is considered to be less risky than SPLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.