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GINN vs. MVPS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GINN and MVPS is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.9

Performance

GINN vs. MVPS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN) and Amplify Thematic All-Stars ETF (MVPS). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
10.11%
16.49%
GINN
MVPS

Key characteristics

Sharpe Ratio

GINN:

1.27

MVPS:

0.91

Sortino Ratio

GINN:

1.75

MVPS:

1.32

Omega Ratio

GINN:

1.22

MVPS:

1.17

Calmar Ratio

GINN:

0.96

MVPS:

0.59

Martin Ratio

GINN:

7.19

MVPS:

4.38

Ulcer Index

GINN:

2.75%

MVPS:

4.74%

Daily Std Dev

GINN:

15.58%

MVPS:

22.83%

Max Drawdown

GINN:

-41.25%

MVPS:

-51.36%

Current Drawdown

GINN:

-4.32%

MVPS:

-15.15%

Returns By Period

In the year-to-date period, GINN achieves a 19.10% return, which is significantly lower than MVPS's 20.35% return.


GINN

YTD

19.10%

1M

-1.44%

6M

10.29%

1Y

19.93%

5Y*

N/A

10Y*

N/A

MVPS

YTD

20.35%

1M

2.55%

6M

17.10%

1Y

20.43%

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


GINN vs. MVPS - Expense Ratio Comparison

GINN has a 0.50% expense ratio, which is higher than MVPS's 0.49% expense ratio.


GINN
Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF
Expense ratio chart for GINN: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%
Expense ratio chart for MVPS: current value at 0.49% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.49%

Risk-Adjusted Performance

GINN vs. MVPS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN) and Amplify Thematic All-Stars ETF (MVPS). 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.


Sharpe ratio
The chart of Sharpe ratio for GINN, currently valued at 1.27, compared to the broader market0.002.004.001.270.91
The chart of Sortino ratio for GINN, currently valued at 1.75, compared to the broader market-2.000.002.004.006.008.0010.001.751.32
The chart of Omega ratio for GINN, currently valued at 1.22, compared to the broader market0.501.001.502.002.503.001.221.17
The chart of Calmar ratio for GINN, currently valued at 0.96, compared to the broader market0.005.0010.0015.000.960.59
The chart of Martin ratio for GINN, currently valued at 7.19, compared to the broader market0.0020.0040.0060.0080.00100.007.194.38
GINN
MVPS

The current GINN Sharpe Ratio is 1.27, which is higher than the MVPS Sharpe Ratio of 0.91. The chart below compares the historical Sharpe Ratios of GINN and MVPS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.27
0.91
GINN
MVPS

Dividends

GINN vs. MVPS - Dividend Comparison

GINN's dividend yield for the trailing twelve months is around 0.85%, while MVPS has not paid dividends to shareholders.


TTM2023202220212020
GINN
Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF
0.85%1.01%0.69%0.67%0.07%
MVPS
Amplify Thematic All-Stars ETF
0.00%0.00%0.01%0.00%0.00%

Drawdowns

GINN vs. MVPS - Drawdown Comparison

The maximum GINN drawdown since its inception was -41.25%, smaller than the maximum MVPS drawdown of -51.36%. Use the drawdown chart below to compare losses from any high point for GINN and MVPS. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.32%
-15.15%
GINN
MVPS

Volatility

GINN vs. MVPS - Volatility Comparison

The current volatility for Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN) is 4.73%, while Amplify Thematic All-Stars ETF (MVPS) has a volatility of 7.49%. This indicates that GINN experiences smaller price fluctuations and is considered to be less risky than MVPS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
4.73%
7.49%
GINN
MVPS
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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