Correlation
The correlation between GDEF and VOO is 0.73, 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.
GDEF vs. VOO
Compare and contrast key facts about Goldman Sachs Defensive Equity ETF (GDEF) and Vanguard S&P 500 ETF (VOO).
GDEF and VOO 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. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GDEF or VOO.
Performance
GDEF vs. VOO - Performance Comparison
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Key characteristics
Returns By Period
GDEF
N/A
N/A
N/A
N/A
N/A
N/A
N/A
VOO
0.90%
6.28%
-1.46%
14.27%
14.31%
15.89%
12.81%
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GDEF vs. VOO - Expense Ratio Comparison
GDEF has a 0.55% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
GDEF vs. VOO — Risk-Adjusted Performance Rank
GDEF
VOO
GDEF vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Defensive Equity ETF (GDEF) 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.
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Dividends
GDEF vs. VOO - Dividend Comparison
GDEF has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.29%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GDEF Goldman Sachs Defensive Equity ETF | 100.36% | 100.64% | 1.02% | 0.91% | 0.47% | 0.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.29% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
GDEF vs. VOO - Drawdown Comparison
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Volatility
GDEF vs. VOO - Volatility Comparison
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