GIGL vs. FLDR

Last updated Jul 17, 2026

GIGL (Goldman Sachs Corporate Bond ETF) and FLDR (Fidelity Low Duration Bond Factor ETF) are both exchange-traded funds - GIGL is a Corporate Bonds fund managed by Goldman Sachs, while FLDR is a Short-Term Bond fund tracking the Fidelity Low Duration Investment Grade Factor Index. Over the past year, GIGL returned 4.60% vs 4.45% for FLDR. A 0.64 correlation means they provide meaningful diversification when combined. GIGL charges 0.29%/yr vs 0.15%/yr for FLDR.

Performance

GIGL vs. FLDR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Corporate Bond ETF (GIGL) and Fidelity Low Duration Bond Factor ETF (FLDR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GIGL achieves a 0.18% return, which is significantly lower than FLDR's 1.83% return.

GIGL

• 1D: -0.04%
• 1M: -0.66%
• 6M: -0.21%
• YTD: 0.18%
• 1Y: 4.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FLDR

• 1D: 0.00%
• 1M: 0.17%
• 6M: 1.70%
• YTD: 1.83%
• 1Y: 4.45%
• 3Y*: 5.26%
• 5Y*: 3.72%
• 10Y*: —

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

GIGL vs. FLDR - Yearly Performance Comparison

	2026 (YTD)	2025
GIGL Goldman Sachs Corporate Bond ETF	0.18%	3.76%
FLDR Fidelity Low Duration Bond Factor ETF	1.83%	2.79%

Correlation

The correlation between GIGL and FLDR is 0.63, 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	0.63
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025	0.64

The correlation between GIGL and FLDR has been stable across timeframes, ranging from 0.63 to 0.64 - a consistent structural relationship.

Return for Risk

GIGL vs. FLDR — Risk / Return Rank

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

GIGL

GIGL Risk / Return Rank: 36
GIGL Sharpe Ratio Rank: 37
GIGL Sortino Ratio Rank: 36
GIGL Omega Ratio Rank: 35
GIGL Calmar Ratio Rank: 35
GIGL Martin Ratio Rank: 37

FLDR

FLDR Risk / Return Rank: 98
FLDR Sharpe Ratio Rank: 99
FLDR Sortino Ratio Rank: 99
FLDR Omega Ratio Rank: 99
FLDR Calmar Ratio Rank: 98
FLDR Martin Ratio Rank: 98

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.

GIGL vs. FLDR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Corporate Bond ETF (GIGL) and Fidelity Low Duration Bond Factor ETF (FLDR). 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.

	GIGL	FLDR	Difference
Sharpe ratio: Return per unit of total volatility	1.11	5.60	-4.49
Sortino ratio: Return per unit of downside risk	1.60	9.29	-7.68
Omega ratio: Gain probability vs. loss probability	1.19	2.61	-1.41
Calmar ratio: Return relative to maximum drawdown	1.48	9.56	-8.08
Martin ratio: Return relative to average drawdown	4.55	64.94	-60.39

GIGL vs. FLDR - Sharpe Ratio Comparison

The current GIGL Sharpe Ratio is 1.11, which is lower than the FLDR Sharpe Ratio of 5.60. The chart below compares the historical Sharpe Ratios of GIGL and FLDR, 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

GIGL vs. FLDR - Drawdown Comparison

The maximum GIGL drawdown since its inception was -3.13%, smaller than the maximum FLDR drawdown of -12.23%. Use the drawdown chart below to compare losses from any high point for GIGL and FLDR.

Drawdown Indicators

	GIGL	FLDR	Difference
Max Drawdown Largest peak-to-trough decline	-3.13%	-12.23%	+9.10%
Max Drawdown (1Y) Largest decline over 1 year	-3.13%	-0.47%	-2.66%
Max Drawdown (3Y) Largest decline over 3 years	—	-0.76%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-2.33%	—
Current Drawdown Current decline from peak	-1.33%	-0.03%	-1.30%
Average Drawdown Average peak-to-trough decline	-0.74%	-0.35%	-0.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.01%	0.07%	+0.94%

Volatility

GIGL vs. FLDR - Volatility Comparison

Goldman Sachs Corporate Bond ETF (GIGL) has a higher volatility of 1.10% compared to Fidelity Low Duration Bond Factor ETF (FLDR) at 0.21%. This indicates that GIGL's price experiences larger fluctuations and is considered to be riskier than FLDR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GIGL	FLDR	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.10%	0.21%	+0.89%
Volatility (6M) Calculated over the trailing 6-month period	3.33%	0.61%	+2.72%
Volatility (1Y) Calculated over the trailing 1-year period	4.16%	0.80%	+3.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.16%	1.21%	+2.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.16%	5.23%	-1.07%

GIGL vs. FLDR - Expense Ratio Comparison

GIGL has a 0.29% expense ratio, which is higher than FLDR's 0.15% expense ratio.

Dividends

GIGL vs. FLDR - Dividend Comparison

GIGL's dividend yield for the trailing twelve months is around 4.20%, less than FLDR's 4.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
FLDR Fidelity Low Duration Bond Factor ETF	4.33%	4.66%	5.50%	5.28%	2.09%	0.51%	1.22%	2.69%	1.38%
GIGL Goldman Sachs Corporate Bond ETF	4.20%	2.12%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GIGL and FLDR in my portfolio?

GIGL and FLDR have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GIGL or FLDR?

GIGL has higher volatility (1.10%) compared to FLDR (0.21%). In terms of maximum drawdown, GIGL dropped -3.13% vs FLDR's -12.23%.

Which ETF is better, GIGL or FLDR?

On 1-year performance, GIGL leads with 4.60% vs 4.45% for FLDR. On fees, FLDR is cheaper at 0.15% per year. On volatility, FLDR has been the lower-risk option at 0.21%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GIGL or FLDR?

Over the 1-year period, GIGL has performed better with a 4.60% return vs 4.45%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GIGL or FLDR?

FLDR is cheaper with a 0.15% expense ratio, compared with 0.29% for GIGL.

Which ETF pays a higher dividend yield, GIGL or FLDR?

FLDR has the higher dividend yield at 4.33%, compared with 4.20% for GIGL.

What is the main difference between GIGL and FLDR?

GIGL is categorized as Corporate Bonds, while FLDR is Short-Term Bond. They also come from different issuers: Goldman Sachs and Fidelity. Their fees differ too: 0.29% for GIGL and 0.15% for FLDR.

Which has better risk-adjusted returns?

FLDR currently has the higher Sharpe Ratio (5.60 vs 1.11), 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.