GENZ vs. GINN

Last updated Jul 14, 2026

GENZ (VanEck Digital Native Economy ETF) and GINN (Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF) are both Technology Equities funds - GENZ tracks the MarketVector Digital Native Economy Index while GINN tracks the Solactive Innovative Global Equity Index. Both are passively managed. Over the past 5 years, GENZ returned -3.53%/yr vs 6.15%/yr for GINN. A 0.69 correlation means they provide meaningful diversification when combined. Both charge a 0.50% expense ratio.

Performance

GENZ vs. GINN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Digital Native Economy ETF (GENZ) and Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GENZ achieves a -5.74% return, which is significantly lower than GINN's 7.78% return.

GENZ

• 1D: 0.17%
• 1M: 9.12%
• 6M: -3.80%
• YTD: -5.74%
• 1Y: -11.43%
• 3Y*: -3.98%
• 5Y*: -3.53%
• 10Y*: 3.88%

GINN

• 1D: -0.83%
• 1M: 1.56%
• 6M: 3.58%
• YTD: 7.78%
• 1Y: 18.27%
• 3Y*: 17.14%
• 5Y*: 6.15%
• 10Y*: —

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

GENZ vs. GINN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
GENZ VanEck Digital Native Economy ETF	-5.74%	4.15%	-1.39%	11.52%	-12.83%	-4.30%	16.69%
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF	7.78%	20.25%	18.71%	29.94%	-32.40%	10.39%	8.08%

Correlation

The correlation between GENZ and GINN is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.56
Correlation (3Y) Calculated over the trailing 3-year period	0.63
Correlation (5Y) Calculated over the trailing 5-year period	0.70
Correlation (All Time) Calculated using the full available price history since Nov 9, 2020	0.69

The correlation between GENZ and GINN shifts across timeframes, from 0.56 (1 year) to 0.70 (5 years), reflecting how their relationship changes across market environments.

GENZ vs. GINN - Sectors Allocation Comparison

Sectors	GENZ	GINN
Financial Services	29.8%	12.1%
Communication Services	29.3%	10.8%
Technology	20.4%	33.0%
Consumer Cyclical	19.6%	13.5%
Industrials	0.8%	5.6%
Basic Materials	-	0.1%
Consumer Defensive	-	1.7%
Energy	-	1.1%
Healthcare	-	20.1%
Real Estate	-	0.6%
Utilities	-	1.6%

Return for Risk

GENZ vs. GINN — Risk / Return Rank

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

GENZ

GENZ Risk / Return Rank: 5
GENZ Sharpe Ratio Rank: 4
GENZ Sortino Ratio Rank: 4
GENZ Omega Ratio Rank: 4
GENZ Calmar Ratio Rank: 5
GENZ Martin Ratio Rank: 6

GINN

GINN Risk / Return Rank: 37
GINN Sharpe Ratio Rank: 38
GINN Sortino Ratio Rank: 37
GINN Omega Ratio Rank: 36
GINN Calmar Ratio Rank: 34
GINN Martin Ratio Rank: 39

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.

GENZ vs. GINN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Digital Native Economy ETF (GENZ) and Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GENZ	GINN	Difference
Sharpe ratio: Return per unit of total volatility	-0.59	1.11	-1.71
Sortino ratio: Return per unit of downside risk	-0.75	1.60	-2.35
Omega ratio: Gain probability vs. loss probability	0.91	1.20	-0.29
Calmar ratio: Return relative to maximum drawdown	-0.43	1.39	-1.83
Martin ratio: Return relative to average drawdown	-0.74	4.81	-5.54

GENZ vs. GINN - Sharpe Ratio Comparison

The current GENZ Sharpe Ratio is -0.59, which is lower than the GINN Sharpe Ratio of 1.11. The chart below compares the historical Sharpe Ratios of GENZ and GINN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GENZ vs. GINN - Drawdown Comparison

The maximum GENZ drawdown since its inception was -71.12%, which is greater than GINN's maximum drawdown of -41.25%. Use the drawdown chart below to compare losses from any high point for GENZ and GINN.

Drawdown Indicators

	GENZ	GINN	Difference
Max Drawdown Largest peak-to-trough decline	-71.12%	-41.25%	-29.87%
Max Drawdown (1Y) Largest decline over 1 year	-26.40%	-13.18%	-13.22%
Max Drawdown (3Y) Largest decline over 3 years	-26.40%	-22.25%	-4.15%
Max Drawdown (5Y) Largest decline over 5 years	-39.93%	-41.25%	+1.32%
Max Drawdown (10Y) Largest decline over 10 years	-56.43%	—	—
Current Drawdown Current decline from peak	-25.99%	-2.41%	-23.58%
Average Drawdown Average peak-to-trough decline	-24.56%	-13.18%	-11.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.58%	3.81%	+11.77%

Volatility

GENZ vs. GINN - Volatility Comparison

VanEck Digital Native Economy ETF (GENZ) has a higher volatility of 6.33% compared to Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN) at 4.43%. This indicates that GENZ's price experiences larger fluctuations and is considered to be riskier than GINN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GENZ	GINN	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.33%	4.43%	+1.90%
Volatility (6M) Calculated over the trailing 6-month period	16.66%	12.97%	+3.69%
Volatility (1Y) Calculated over the trailing 1-year period	19.37%	16.52%	+2.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.60%	21.45%	+3.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.06%	21.01%	+4.05%

GENZ vs. GINN - Expense Ratio Comparison

Both GENZ and GINN have an expense ratio of 0.50%.

Dividends

GENZ vs. GINN - Dividend Comparison

GENZ's dividend yield for the trailing twelve months is around 3.54%, more than GINN's 1.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GENZ VanEck Digital Native Economy ETF	3.54%	3.34%	2.88%	1.68%	0.44%	0.79%	0.47%	2.95%	3.43%	2.31%	3.15%	4.09%
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF	1.17%	1.26%	1.26%	1.01%	0.69%	0.67%	0.07%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GENZ and GINN in my portfolio?

GENZ and GINN have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GENZ or GINN?

GENZ has higher volatility (6.33%) compared to GINN (4.43%). In terms of maximum drawdown, GENZ dropped -71.12% vs GINN's -41.25%.

Which ETF is better, GENZ or GINN?

On 5-year performance, GINN leads with 6.15% vs -3.53% for GENZ. Both ETFs have the same 0.50% expense ratio. On volatility, GINN has been the lower-risk option at 4.43%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GENZ or GINN?

Over the 5-year period, GINN has performed better with a 6.15% return vs -3.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GENZ or GINN?

GENZ and GINN have the same expense ratio: 0.50% per year.

Which ETF pays a higher dividend yield, GENZ or GINN?

GENZ has the higher dividend yield at 3.54%, compared with 1.17% for GINN.

What is the main difference between GENZ and GINN?

GENZ tracks MarketVector Digital Native Economy Index, while GINN tracks Solactive Innovative Global Equity Index. They also come from different issuers: VanEck and Goldman Sachs.

Which has better risk-adjusted returns?

GINN currently has the higher Sharpe Ratio (1.11 vs -0.59), 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.