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GIEQ vs. EFAV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

GIEQ vs. EFAV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Data Enhanced International Equity ETF (GIEQ) and iShares MSCI EAFE Min Vol Factor ETF (EFAV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period


GIEQ

1D
0.42%
1M
0.58%
YTD
6M
1Y
3Y*
5Y*
10Y*

EFAV

1D
-0.45%
1M
-1.73%
YTD
3.61%
6M
3.17%
1Y
7.77%
3Y*
12.64%
5Y*
6.12%
10Y*
5.92%
*Multi-year figures are annualized to reflect compound growth (CAGR)

GIEQ vs. EFAV - Yearly Performance Comparison


Correlation

The correlation between GIEQ and EFAV is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (All Time)
Calculated using the full available price history since May 21, 2026

0.34

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Return for Risk

GIEQ vs. EFAV — Risk / Return Rank

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

GIEQ

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.


EFAV
EFAV Risk / Return Rank: 2323
Overall Rank
EFAV Sharpe Ratio Rank: 2323
Sharpe Ratio Rank
EFAV Sortino Ratio Rank: 2121
Sortino Ratio Rank
EFAV Omega Ratio Rank: 2121
Omega Ratio Rank
EFAV Calmar Ratio Rank: 2626
Calmar Ratio Rank
EFAV Martin Ratio Rank: 2424
Martin Ratio Rank
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.

GIEQ vs. EFAV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Data Enhanced International Equity ETF (GIEQ) and iShares MSCI EAFE Min Vol Factor ETF (EFAV). 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.


GIEQEFAVDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.14

Calmar ratioReturn relative to maximum drawdown

1.17

Martin ratioReturn relative to average drawdown

2.84

GIEQ vs. EFAV - Sharpe Ratio Comparison


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Drawdowns

GIEQ vs. EFAV - Drawdown Comparison

The maximum GIEQ drawdown since its inception was -3.19%, smaller than the maximum EFAV drawdown of -27.56%. Use the drawdown chart below to compare losses from any high point for GIEQ and EFAV.


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Drawdown Indicators


GIEQEFAVDifference

Max Drawdown

Largest peak-to-trough decline

-3.19%

-27.56%

+24.37%

Max Drawdown (1Y)

Largest decline over 1 year

-6.66%

Max Drawdown (3Y)

Largest decline over 3 years

-8.75%

Max Drawdown (5Y)

Largest decline over 5 years

-27.46%

Max Drawdown (10Y)

Largest decline over 10 years

-27.56%

Current Drawdown

Current decline from peak

-0.67%

-5.80%

+5.13%

Average Drawdown

Average peak-to-trough decline

-0.80%

-4.77%

+3.97%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.74%

Volatility

GIEQ vs. EFAV - Volatility Comparison


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Volatility by Period


GIEQEFAVDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.25%

Volatility (6M)

Calculated over the trailing 6-month period

8.55%

Volatility (1Y)

Calculated over the trailing 1-year period

16.02%

10.53%

+5.49%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.02%

11.82%

+4.20%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.02%

13.02%

+3.00%

GIEQ vs. EFAV - Expense Ratio Comparison

GIEQ has a 0.30% expense ratio, which is higher than EFAV's 0.20% expense ratio.


Dividends

GIEQ vs. EFAV - Dividend Comparison

GIEQ has not paid dividends to shareholders, while EFAV's dividend yield for the trailing twelve months is around 3.26%.


PositionTTM20252024202320222021202020192018201720162015
EFAV
iShares MSCI EAFE Min Vol Factor ETF
3.26%3.20%3.24%3.08%2.53%2.47%1.33%4.19%3.34%2.45%3.94%2.49%
GIEQ
Goldman Sachs Data Enhanced International Equity ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions


GIEQ and EFAV have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, EFAV is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

EFAV is cheaper with a 0.20% expense ratio, compared with 0.30% for GIEQ.

EFAV has the higher dividend yield at 3.26%, compared with 0.00% for GIEQ.

They also come from different issuers: Goldman Sachs and iShares. Their fees differ too: 0.30% for GIEQ and 0.20% for EFAV.

Portfolio Optimizer

Find the right allocation for GIEQ and EFAV

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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