GINN vs. GHYB
Compare and contrast key facts about Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN) and Goldman Sachs Access High Yield Corporate Bond ETF (GHYB).
GINN and GHYB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GINN is a passively managed fund by Goldman Sachs that tracks the performance of the Solactive Innovative Global Equity Index. It was launched on Nov 6, 2020. GHYB is a passively managed fund by Goldman Sachs that tracks the performance of the FTSE Goldman Sachs High Yield Corporate Bond Index. It was launched on Sep 5, 2017. Both GINN and GHYB are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
GINN vs. GHYB - Performance Comparison
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GINN vs. GHYB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF | -5.73% | 20.25% | 18.71% | 29.94% | -32.40% | 10.39% | 9.84% |
GHYB Goldman Sachs Access High Yield Corporate Bond ETF | -0.32% | 9.38% | 7.76% | 12.13% | -11.02% | 3.21% | 2.21% |
Returns By Period
In the year-to-date period, GINN achieves a -5.73% return, which is significantly lower than GHYB's -0.32% return.
GINN
- 1D
- 0.89%
- 1M
- -5.05%
- YTD
- -5.73%
- 6M
- -6.46%
- 1Y
- 18.34%
- 3Y*
- 15.43%
- 5Y*
- 4.45%
- 10Y*
- —
GHYB
- 1D
- 0.30%
- 1M
- -0.83%
- YTD
- -0.32%
- 6M
- 0.78%
- 1Y
- 7.39%
- 3Y*
- 7.96%
- 5Y*
- 3.88%
- 10Y*
- —
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GINN vs. GHYB - Expense Ratio Comparison
GINN has a 0.50% expense ratio, which is higher than GHYB's 0.34% expense ratio.
Return for Risk
GINN vs. GHYB — Risk / Return Rank
GINN
GHYB
GINN vs. GHYB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN) and Goldman Sachs Access High Yield Corporate Bond ETF (GHYB). 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.
| GINN | GHYB | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.87 | 1.34 | -0.47 |
Sortino ratioReturn per unit of downside risk | 1.36 | 2.02 | -0.66 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.32 | -0.14 |
Calmar ratioReturn relative to maximum drawdown | 1.36 | 1.85 | -0.49 |
Martin ratioReturn relative to average drawdown | 4.79 | 9.58 | -4.79 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GINN | GHYB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.87 | 1.34 | -0.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.21 | 0.51 | -0.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.53 | -0.20 |
Correlation
The correlation between GINN and GHYB is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
GINN vs. GHYB - Dividend Comparison
GINN's dividend yield for the trailing twelve months is around 1.34%, less than GHYB's 7.09% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF | 1.34% | 1.26% | 1.26% | 1.01% | 0.69% | 0.67% | 0.07% | 0.00% | 0.00% | 0.00% |
GHYB Goldman Sachs Access High Yield Corporate Bond ETF | 7.09% | 7.00% | 6.65% | 6.20% | 5.67% | 4.46% | 4.75% | 5.57% | 5.68% | 1.45% |
Drawdowns
GINN vs. GHYB - Drawdown Comparison
The maximum GINN drawdown since its inception was -41.25%, which is greater than GHYB's maximum drawdown of -21.48%. Use the drawdown chart below to compare losses from any high point for GINN and GHYB.
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Drawdown Indicators
| GINN | GHYB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.25% | -21.48% | -19.77% |
Max Drawdown (1Y)Largest decline over 1 year | -13.57% | -4.12% | -9.45% |
Max Drawdown (5Y)Largest decline over 5 years | -41.25% | -16.08% | -25.17% |
Current DrawdownCurrent decline from peak | -9.41% | -1.27% | -8.14% |
Average DrawdownAverage peak-to-trough decline | -13.72% | -2.61% | -11.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.86% | 0.80% | +3.06% |
Volatility
GINN vs. GHYB - Volatility Comparison
Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN) has a higher volatility of 6.68% compared to Goldman Sachs Access High Yield Corporate Bond ETF (GHYB) at 2.06%. This indicates that GINN's price experiences larger fluctuations and is considered to be riskier than GHYB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GINN | GHYB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.68% | 2.06% | +4.62% |
Volatility (6M)Calculated over the trailing 6-month period | 12.65% | 2.68% | +9.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.06% | 5.54% | +15.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.29% | 7.68% | +13.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.18% | 8.35% | +12.83% |