GIGL vs. GSLC

Last updated Jul 17, 2026

GIGL (Goldman Sachs Corporate Bond ETF) and GSLC (Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF) are both exchange-traded funds - GIGL is a Corporate Bonds fund managed by Goldman Sachs, while GSLC is a Large Cap Blend Equities fund tracking the Goldman Sachs ActiveBeta U.S. Large Cap Equity Index. Over the past year, GIGL returned 4.60% vs 18.30% for GSLC. At a 0.44 correlation, their price movements are largely independent. GIGL charges 0.29%/yr vs 0.09%/yr for GSLC.

Performance

GIGL vs. GSLC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Corporate Bond ETF (GIGL) and Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC). 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 GSLC's 8.71% return.

GIGL

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

GSLC

• 1D: -0.29%
• 1M: 0.70%
• 6M: 7.33%
• YTD: 8.71%
• 1Y: 18.30%
• 3Y*: 18.69%
• 5Y*: 12.02%
• 10Y*: 14.26%

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

GIGL vs. GSLC - Yearly Performance Comparison

	2026 (YTD)	2025
GIGL Goldman Sachs Corporate Bond ETF	0.18%	3.76%
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF	8.71%	11.58%

Correlation

The correlation between GIGL and GSLC is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.44
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025	0.44

Return for Risk

GIGL vs. GSLC — 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

GSLC

GSLC Risk / Return Rank: 53
GSLC Sharpe Ratio Rank: 55
GSLC Sortino Ratio Rank: 53
GSLC Omega Ratio Rank: 54
GSLC Calmar Ratio Rank: 47
GSLC Martin Ratio Rank: 59

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. GSLC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Corporate Bond ETF (GIGL) and Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC). 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	GSLC	Difference
Sharpe ratio: Return per unit of total volatility	1.11	1.50	-0.39
Sortino ratio: Return per unit of downside risk	1.60	2.09	-0.49
Omega ratio: Gain probability vs. loss probability	1.19	1.27	-0.08
Calmar ratio: Return relative to maximum drawdown	1.48	1.94	-0.46
Martin ratio: Return relative to average drawdown	4.55	8.24	-3.69

GIGL vs. GSLC - Sharpe Ratio Comparison

The current GIGL Sharpe Ratio is 1.11, which is comparable to the GSLC Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of GIGL and GSLC, 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. GSLC - Drawdown Comparison

The maximum GIGL drawdown since its inception was -3.13%, smaller than the maximum GSLC drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for GIGL and GSLC.

Drawdown Indicators

	GIGL	GSLC	Difference
Max Drawdown Largest peak-to-trough decline	-3.13%	-33.69%	+30.56%
Max Drawdown (1Y) Largest decline over 1 year	-3.13%	-9.49%	+6.36%
Max Drawdown (3Y) Largest decline over 3 years	—	-18.66%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.90%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.69%	—
Current Drawdown Current decline from peak	-1.33%	-0.47%	-0.86%
Average Drawdown Average peak-to-trough decline	-0.74%	-4.36%	+3.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.01%	2.23%	-1.22%

Volatility

GIGL vs. GSLC - Volatility Comparison

The current volatility for Goldman Sachs Corporate Bond ETF (GIGL) is 1.10%, while Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC) has a volatility of 3.00%. This indicates that GIGL experiences smaller price fluctuations and is considered to be less risky than GSLC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GIGL	GSLC	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.10%	3.00%	-1.90%
Volatility (6M) Calculated over the trailing 6-month period	3.33%	9.68%	-6.35%
Volatility (1Y) Calculated over the trailing 1-year period	4.16%	12.22%	-8.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.16%	16.71%	-12.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.16%	17.67%	-13.51%

GIGL vs. GSLC - Expense Ratio Comparison

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

Dividends

GIGL vs. GSLC - Dividend Comparison

GIGL's dividend yield for the trailing twelve months is around 4.20%, more than GSLC's 0.94% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%	0.00%	0.00%
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF	0.94%	1.00%	1.11%	1.38%	1.61%	1.06%	1.35%	1.54%	1.89%	1.69%	1.69%	0.36%

Frequently Asked Questions

Can I hold both GIGL and GSLC in my portfolio?

GIGL and GSLC have a correlation of 0.44, 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 GSLC?

GSLC has higher volatility (3.00%) compared to GIGL (1.10%). In terms of maximum drawdown, GIGL dropped -3.13% vs GSLC's -33.69%.

Which ETF is better, GIGL or GSLC?

On 1-year performance, GSLC leads with 18.30% vs 4.60% for GIGL. On fees, GSLC 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 GSLC?

Over the 1-year period, GSLC has performed better with a 18.30% 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 GSLC?

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

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

GIGL has the higher dividend yield at 4.20%, compared with 0.94% for GSLC.

What is the main difference between GIGL and GSLC?

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

Which has better risk-adjusted returns?

GSLC currently has the higher Sharpe Ratio (1.50 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.