GINN vs. GOOX
GINN (Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF) and GOOX (T-Rex 2X Long Alphabet Daily Target ETF) are both exchange-traded funds - GINN is a Technology Equities fund tracking the Solactive Innovative Global Equity Index, while GOOX is a Leveraged Equities fund actively managed by T-Rex. GINN is passively managed, while GOOX is actively managed. Over the past year, GINN returned 19.29% vs 189.26% for GOOX. Their 0.54 correlation means they have sometimes moved together and sometimes differently. GINN charges 0.50%/yr vs 1.05%/yr for GOOX.
Performance
GINN vs. GOOX - Performance Comparison
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Returns By Period
In the year-to-date period, GINN achieves a 7.67% return, which is significantly lower than GOOX's 14.32% return.
GINN
- 1D
- 0.35%
- 1M
- -0.47%
- 6M
- 5.92%
- YTD
- 7.67%
- 1Y
- 19.29%
- 3Y*
- 16.60%
- 5Y*
- 6.09%
- 10Y*
- —
- ALL TIME*
- 8.69%
GOOX
- 1D
- 14.09%
- 1M
- -2.18%
- 6M
- -0.73%
- YTD
- 14.32%
- 1Y
- 189.26%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 66.14%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $126.11K | $121.47K | $212.21K | |
| $8.35M | $6.68M | $7.65M |
GINN vs. GOOX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF | 7.67% | 20.25% | 20.03% |
GOOX T-Rex 2X Long Alphabet Daily Target ETF | 14.32% | 121.41% | 44.31% |
Correlation
The correlation between GINN and GOOX is 0.55, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.55 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.54 |
The correlation between GINN and GOOX has been stable across timeframes, ranging from 0.54 to 0.55 - a consistent structural relationship.
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Return for Risk
GINN vs. GOOX — Risk / Return Rank
GINN
GOOX
GINN vs. GOOX - 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 T-Rex 2X Long Alphabet Daily Target ETF (GOOX). 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.
| GINN | GOOX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.81 | ||
| Sortino ratioReturn per unit of downside risk | -1.89 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.41 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.30 | 4.63 | -3.33 |
| Martin ratioReturn relative to average drawdown | 4.43 | 11.97 | -7.54 |
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Drawdowns
GINN vs. GOOX - Drawdown Comparison
The maximum GINN drawdown since its inception was -41.25%, smaller than the maximum GOOX drawdown of -52.46%. Use the drawdown chart below to compare losses from any high point for GINN and GOOX.
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Drawdown Indicators
| GINN | GOOX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.25% | -52.46% | +11.21% |
Max Drawdown (1Y)Largest decline over 1 year | -13.18% | -39.00% | +25.82% |
Max Drawdown (3Y)Largest decline over 3 years | -22.25% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -41.25% | — | — |
Current DrawdownCurrent decline from peak | -2.51% | -24.02% | +21.51% |
Average DrawdownAverage peak-to-trough decline | -13.09% | -17.47% | +4.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.87% | 15.07% | -11.20% |
Volatility
GINN vs. GOOX - Volatility Comparison
The current volatility for Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN) is 3.85%, while T-Rex 2X Long Alphabet Daily Target ETF (GOOX) has a volatility of 26.36%. This indicates that GINN experiences smaller price fluctuations and is considered to be less risky than GOOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GINN | GOOX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.85% | 26.36% | -22.51% |
Volatility (6M)Calculated over the trailing 6-month period | 12.97% | 48.89% | -35.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.66% | 63.83% | -47.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.43% | 61.81% | -40.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.94% | 61.81% | -40.87% |
GINN vs. GOOX - Expense Ratio Comparison
GINN has a 0.50% expense ratio, which is lower than GOOX's 1.05% expense ratio.
Dividends
GINN vs. GOOX - Dividend Comparison
GINN's dividend yield for the trailing twelve months is around 1.17%, more than GOOX's 0.27% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF | 1.17% | 1.26% | 1.26% | 1.01% | 0.69% | 0.67% | 0.07% |
GOOX T-Rex 2X Long Alphabet Daily Target ETF | 0.27% | 0.30% | 16.78% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GINN and GOOX have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GOOX has higher volatility (26.36%) compared to GINN (3.85%). In terms of maximum drawdown, GINN dropped -41.25% vs GOOX's -52.46%.
On 1-year performance, GOOX leads with 189.26% vs 19.29% for GINN. On fees, GINN is cheaper at 0.50% per year. On volatility, GINN has been the lower-risk option at 3.85%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, GOOX has performed better with a 189.26% return vs 19.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GINN is cheaper with a 0.50% expense ratio, compared with 1.05% for GOOX.
GINN has the higher dividend yield at 1.17%, compared with 0.27% for GOOX.
GINN is categorized as Technology Equities, while GOOX is Leveraged Equities. They also come from different issuers: Goldman Sachs and T-Rex. Their fees differ too: 0.50% for GINN and 1.05% for GOOX.
GOOX currently has the higher Sharpe Ratio (2.84 vs 1.03), 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.
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