GEND vs. SGOV

Last updated Jun 4, 2026

GEND (Genter Capital Dividend Income ETF) and SGOV (iShares 0-3 Month Treasury Bond ETF) are both exchange-traded funds - GEND is a Large Cap Value Equities fund actively managed by Genter Capital, while SGOV is a Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index. GEND is actively managed, while SGOV is passively managed. Over the past year, GEND returned 25.44% vs 3.95% for SGOV. At a correlation of -0.10, they often move in opposite directions. GEND charges 0.38%/yr vs 0.09%/yr for SGOV.

Performance

GEND vs. SGOV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Genter Capital Dividend Income ETF (GEND) and iShares 0-3 Month Treasury Bond ETF (SGOV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GEND achieves a 11.95% return, which is significantly higher than SGOV's 1.51% return.

GEND

• 1D: -0.35%
• 1M: 1.03%
• YTD: 11.95%
• 6M: 12.26%
• 1Y: 25.44%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SGOV

• 1D: 0.01%
• 1M: 0.29%
• YTD: 1.51%
• 6M: 1.80%
• 1Y: 3.95%
• 3Y*: 4.72%
• 5Y*: 3.54%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

GEND vs. SGOV - Yearly Performance Comparison

	2026 (YTD)	2025
GEND Genter Capital Dividend Income ETF	11.95%	16.61%
SGOV iShares 0-3 Month Treasury Bond ETF	1.51%	4.09%

Correlation

The correlation between GEND and SGOV is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.12
Correlation (All Time) Calculated using the full available price history since Jan 14, 2025	-0.10

Return for Risk

GEND vs. SGOV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GEND

GEND Risk / Return Rank: 76
GEND Sharpe Ratio Rank: 75
GEND Sortino Ratio Rank: 78
GEND Omega Ratio Rank: 72
GEND Calmar Ratio Rank: 79
GEND Martin Ratio Rank: 76

SGOV

SGOV Risk / Return Rank: 100
SGOV Sharpe Ratio Rank: 100
SGOV Sortino Ratio Rank: 100
SGOV Omega Ratio Rank: 100
SGOV Calmar Ratio Rank: 100
SGOV Martin Ratio Rank: 100

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GEND vs. SGOV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Genter Capital Dividend Income ETF (GEND) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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.

	GEND	SGOV	Difference
Sharpe ratio: Return per unit of total volatility	2.41	20.28	-17.87
Sortino ratio: Return per unit of downside risk	3.49	275.69	-272.20
Omega ratio: Gain probability vs. loss probability	1.42	195.55	-194.13
Calmar ratio: Return relative to maximum drawdown	4.00	398.20	-394.20
Martin ratio: Return relative to average drawdown	14.48	4,462.00	-4,447.52
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GEND vs. SGOV - Sharpe Ratio Comparison

The current GEND Sharpe Ratio is 2.41, which is lower than the SGOV Sharpe Ratio of 20.28. The chart below compares the historical Sharpe Ratios of GEND and SGOV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GEND	SGOV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.41	20.28	-17.87
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	14.73	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.51	12.48	-10.98

Drawdowns

GEND vs. SGOV - Drawdown Comparison

The maximum GEND drawdown since its inception was -13.31%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for GEND and SGOV.

Drawdown Indicators

	GEND	SGOV	Difference
Max Drawdown Largest peak-to-trough decline	-13.31%	-0.03%	-13.28%
Max Drawdown (1Y) Largest decline over 1 year	-6.40%	-0.01%	-6.39%
Max Drawdown (3Y) Largest decline over 3 years	—	-0.01%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-0.03%	—
Current Drawdown Current decline from peak	-1.46%	0.00%	-1.46%
Average Drawdown Average peak-to-trough decline	-1.88%	-0.00%	-1.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.76%	0.00%	+1.76%

Volatility

GEND vs. SGOV - Volatility Comparison

Genter Capital Dividend Income ETF (GEND) has a higher volatility of 2.56% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.05%. This indicates that GEND's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GEND	SGOV	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.56%	0.05%	+2.51%
Volatility (6M) Calculated over the trailing 6-month period	8.01%	0.13%	+7.88%
Volatility (1Y) Calculated over the trailing 1-year period	10.62%	0.20%	+10.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.15%	0.24%	+13.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.15%	0.24%	+13.91%

GEND vs. SGOV - Expense Ratio Comparison

GEND has a 0.38% expense ratio, which is higher than SGOV's 0.09% expense ratio.

Dividends

GEND vs. SGOV - Dividend Comparison

GEND's dividend yield for the trailing twelve months is around 2.74%, less than SGOV's 3.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
GEND Genter Capital Dividend Income ETF	2.74%	2.10%	0.00%	0.00%	0.00%	0.00%	0.00%
SGOV iShares 0-3 Month Treasury Bond ETF	3.86%	4.10%	5.10%	4.87%	1.45%	0.03%	0.05%

Frequently Asked Questions

Can I hold both GEND and SGOV in my portfolio?

GEND and SGOV have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GEND or SGOV?

GEND has higher volatility (2.56%) compared to SGOV (0.05%). In terms of maximum drawdown, GEND dropped -13.31% vs SGOV's -0.03%.

Which ETF is better, GEND or SGOV?

On 1-year performance, GEND leads with 25.44% vs 3.95% for SGOV. On fees, SGOV is cheaper at 0.09% per year. On volatility, SGOV has been the lower-risk option at 0.05%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GEND or SGOV?

Over the 1-year period, GEND has performed better with a 25.44% return vs 3.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GEND or SGOV?

SGOV is cheaper with a 0.09% expense ratio, compared with 0.38% for GEND.

Which ETF pays a higher dividend yield, GEND or SGOV?

SGOV has the higher dividend yield at 3.86%, compared with 2.74% for GEND.

What is the main difference between GEND and SGOV?

GEND is categorized as Large Cap Value Equities, while SGOV is Ultrashort Bond. They also come from different issuers: Genter Capital and iShares. Their fees differ too: 0.38% for GEND and 0.09% for SGOV.

Which has better risk-adjusted returns?

SGOV currently has the higher Sharpe Ratio (20.28 vs 2.41), 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.