GDEF vs. SPLV
Compare and contrast key facts about Goldman Sachs Defensive Equity ETF (GDEF) and Invesco S&P 500® Low Volatility ETF (SPLV).
GDEF and SPLV 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. SPLV is a passively managed fund by Invesco that tracks the performance of the S&P 500 Low Volatility Index. It was launched on May 5, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GDEF or SPLV.
Correlation
The correlation between GDEF and SPLV is 0.65, 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
GDEF vs. SPLV - Performance Comparison
Key characteristics
Returns By Period
GDEF
N/A
N/A
N/A
N/A
N/A
N/A
SPLV
3.46%
2.15%
5.84%
16.35%
5.34%
8.91%
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GDEF vs. SPLV - Expense Ratio Comparison
GDEF has a 0.55% expense ratio, which is higher than SPLV's 0.25% expense ratio.
Risk-Adjusted Performance
GDEF vs. SPLV — Risk-Adjusted Performance Rank
GDEF
SPLV
GDEF vs. SPLV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Defensive Equity ETF (GDEF) and Invesco S&P 500® Low Volatility ETF (SPLV). 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. SPLV - Dividend Comparison
GDEF has not paid dividends to shareholders, while SPLV's dividend yield for the trailing twelve months is around 1.78%.
| 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% |
SPLV Invesco S&P 500® Low Volatility ETF | 1.78% | 1.88% | 2.45% | 2.11% | 1.50% | 2.13% | 2.08% | 2.17% | 2.03% | 2.03% | 2.28% | 2.20% |
Drawdowns
GDEF vs. SPLV - Drawdown Comparison
Volatility
GDEF vs. SPLV - Volatility Comparison
The current volatility for Goldman Sachs Defensive Equity ETF (GDEF) is 0.00%, while Invesco S&P 500® Low Volatility ETF (SPLV) has a volatility of 3.51%. This indicates that GDEF experiences smaller price fluctuations and is considered to be less risky than SPLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.