GIGL vs. GSEW

Last updated Jul 17, 2026

GIGL (Goldman Sachs Corporate Bond ETF) and GSEW (Goldman Sachs Equal Weight U.S. Large Cap Equity ETF) are both exchange-traded funds - GIGL is a Corporate Bonds fund managed by Goldman Sachs, while GSEW is a Large Cap Blend Equities fund tracking the Solactive US Large Cap Equal Weight Index. Over the past year, GIGL returned 4.60% vs 17.63% for GSEW. At a 0.47 correlation, their price movements are largely independent. GIGL charges 0.29%/yr vs 0.09%/yr for GSEW.

Performance

GIGL vs. GSEW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Corporate Bond ETF (GIGL) and Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW). 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 GSEW's 12.35% return.

GIGL

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

GSEW

• 1D: 0.55%
• 1M: 0.98%
• 6M: 7.93%
• YTD: 12.35%
• 1Y: 17.63%
• 3Y*: 16.03%
• 5Y*: 9.07%
• 10Y*: —

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

GIGL vs. GSEW - Yearly Performance Comparison

	2026 (YTD)	2025
GIGL Goldman Sachs Corporate Bond ETF	0.18%	3.76%
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF	12.35%	7.06%

Correlation

The correlation between GIGL and GSEW is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025	0.47

Return for Risk

GIGL vs. GSEW — 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

GSEW

GSEW Risk / Return Rank: 54
GSEW Sharpe Ratio Rank: 51
GSEW Sortino Ratio Rank: 52
GSEW Omega Ratio Rank: 49
GSEW Calmar Ratio Rank: 57
GSEW Martin Ratio Rank: 62

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. GSEW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Corporate Bond ETF (GIGL) and Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW). 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	GSEW	Difference
Sharpe ratio: Return per unit of total volatility	1.11	1.44	-0.33
Sortino ratio: Return per unit of downside risk	1.60	2.07	-0.47
Omega ratio: Gain probability vs. loss probability	1.19	1.25	-0.06
Calmar ratio: Return relative to maximum drawdown	1.48	2.29	-0.82
Martin ratio: Return relative to average drawdown	4.55	8.70	-4.16

GIGL vs. GSEW - Sharpe Ratio Comparison

The current GIGL Sharpe Ratio is 1.11, which is comparable to the GSEW Sharpe Ratio of 1.44. The chart below compares the historical Sharpe Ratios of GIGL and GSEW, 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. GSEW - Drawdown Comparison

The maximum GIGL drawdown since its inception was -3.13%, smaller than the maximum GSEW drawdown of -38.65%. Use the drawdown chart below to compare losses from any high point for GIGL and GSEW.

Drawdown Indicators

	GIGL	GSEW	Difference
Max Drawdown Largest peak-to-trough decline	-3.13%	-38.65%	+35.52%
Max Drawdown (1Y) Largest decline over 1 year	-3.13%	-7.72%	+4.59%
Max Drawdown (3Y) Largest decline over 3 years	—	-18.18%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.74%	—
Current Drawdown Current decline from peak	-1.33%	-0.51%	-0.82%
Average Drawdown Average peak-to-trough decline	-0.74%	-5.82%	+5.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.01%	2.03%	-1.02%

Volatility

GIGL vs. GSEW - Volatility Comparison

The current volatility for Goldman Sachs Corporate Bond ETF (GIGL) is 1.10%, while Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW) has a volatility of 2.55%. This indicates that GIGL experiences smaller price fluctuations and is considered to be less risky than GSEW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GIGL	GSEW	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.10%	2.55%	-1.45%
Volatility (6M) Calculated over the trailing 6-month period	3.33%	9.25%	-5.92%
Volatility (1Y) Calculated over the trailing 1-year period	4.16%	12.28%	-8.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.16%	16.95%	-12.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.16%	19.11%	-14.95%

GIGL vs. GSEW - Expense Ratio Comparison

GIGL has a 0.29% expense ratio, which is higher than GSEW's 0.09% expense ratio.

Dividends

GIGL vs. GSEW - Dividend Comparison

GIGL's dividend yield for the trailing twelve months is around 4.20%, more than GSEW's 1.37% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
GIGL Goldman Sachs Corporate Bond ETF	4.20%	2.12%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF	1.37%	1.52%	1.46%	1.64%	1.74%	1.34%	1.53%	1.66%	1.56%	0.54%

Frequently Asked Questions

Can I hold both GIGL and GSEW in my portfolio?

GIGL and GSEW have a correlation of 0.47, 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 GSEW?

GSEW has higher volatility (2.55%) compared to GIGL (1.10%). In terms of maximum drawdown, GIGL dropped -3.13% vs GSEW's -38.65%.

Which ETF is better, GIGL or GSEW?

On 1-year performance, GSEW leads with 17.63% vs 4.60% for GIGL. On fees, GSEW is cheaper at 0.09% per year. On volatility, GIGL has been the lower-risk option at 1.10%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GIGL or GSEW?

Over the 1-year period, GSEW has performed better with a 17.63% return vs 4.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GIGL or GSEW?

GSEW is cheaper with a 0.09% expense ratio, compared with 0.29% for GIGL.

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

GIGL has the higher dividend yield at 4.20%, compared with 1.37% for GSEW.

What is the main difference between GIGL and GSEW?

GIGL is categorized as Corporate Bonds, while GSEW is Large Cap Blend Equities. Their fees differ too: 0.29% for GIGL and 0.09% for GSEW.

Which has better risk-adjusted returns?

GSEW currently has the higher Sharpe Ratio (1.44 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.