GINN vs. VUG

Last updated Jun 4, 2026

GINN (Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF) and VUG (Vanguard Growth ETF) are both exchange-traded funds - GINN is a Technology Equities fund tracking the Solactive Innovative Global Equity Index, while VUG is a Large Cap Growth Equities fund tracking the CRSP US Large Cap Growth Index. Both are passively managed. Over the past 5 years, GINN returned 6.82%/yr vs 15.11%/yr for VUG. Their correlation of 0.89 suggests significant overlap in exposure. GINN charges 0.50%/yr vs 0.03%/yr for VUG.

Performance

GINN vs. VUG - 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 Vanguard Growth ETF (VUG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GINN achieves a 8.64% return, which is significantly lower than VUG's 9.49% return.

GINN

• 1D: -1.29%
• 1M: 5.38%
• YTD: 8.64%
• 6M: 7.90%
• 1Y: 25.65%
• 3Y*: 19.95%
• 5Y*: 6.82%
• 10Y*: —

VUG

• 1D: -1.23%
• 1M: 6.22%
• YTD: 9.49%
• 6M: 8.72%
• 1Y: 27.84%
• 3Y*: 25.93%
• 5Y*: 15.11%
• 10Y*: 18.26%

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

GINN vs. VUG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF	8.64%	20.25%	18.71%	29.94%	-32.40%	10.39%	9.84%
VUG Vanguard Growth ETF	9.49%	19.40%	32.69%	46.83%	-33.16%	27.35%	7.11%

Correlation

The correlation between GINN and VUG is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.84
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (All Time) Calculated using the full available price history since Nov 10, 2020	0.89

The correlation between GINN and VUG has been stable across timeframes, ranging from 0.84 to 0.89 - a consistent structural relationship.

GINN vs. VUG - Sectors Allocation Comparison

Sectors	GINN	VUG
Technology	32.4%	53.5%
Healthcare	18.6%	4.6%
Consumer Cyclical	14.6%	12.2%
Financial Services	11.4%	4.3%
Communication Services	10.8%	17.3%
Industrials	6.1%	3.6%
Consumer Defensive	2.0%	1.5%
Utilities	1.9%	0.9%
Energy	1.4%	0.4%
Real Estate	0.8%	1.0%
Basic Materials	0.1%	0.6%

Return for Risk

GINN vs. VUG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GINN

GINN Risk / Return Rank: 44
GINN Sharpe Ratio Rank: 46
GINN Sortino Ratio Rank: 45
GINN Omega Ratio Rank: 43
GINN Calmar Ratio Rank: 40
GINN Martin Ratio Rank: 44

VUG

VUG Risk / Return Rank: 43
VUG Sharpe Ratio Rank: 50
VUG Sortino Ratio Rank: 47
VUG Omega Ratio Rank: 48
VUG Calmar Ratio Rank: 33
VUG Martin Ratio Rank: 37

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.

GINN vs. VUG - 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 Vanguard Growth ETF (VUG). 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	VUG	Difference
Sharpe ratio: Return per unit of total volatility	1.61	1.77	-0.16
Sortino ratio: Return per unit of downside risk	2.25	2.40	-0.15
Omega ratio: Gain probability vs. loss probability	1.28	1.31	-0.03
Calmar ratio: Return relative to maximum drawdown	1.95	1.69	+0.26
Martin ratio: Return relative to average drawdown	7.06	5.92	+1.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GINN vs. VUG - Sharpe Ratio Comparison

The current GINN Sharpe Ratio is 1.61, which is comparable to the VUG Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of GINN and VUG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GINN	VUG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.61	1.77	-0.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.32	0.68	-0.36
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.85	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	0.62	-0.17

Drawdowns

GINN vs. VUG - Drawdown Comparison

The maximum GINN drawdown since its inception was -41.25%, smaller than the maximum VUG drawdown of -50.68%. Use the drawdown chart below to compare losses from any high point for GINN and VUG.

Drawdown Indicators

	GINN	VUG	Difference
Max Drawdown Largest peak-to-trough decline	-41.25%	-50.68%	+9.43%
Max Drawdown (1Y) Largest decline over 1 year	-13.18%	-16.53%	+3.35%
Max Drawdown (3Y) Largest decline over 3 years	-22.25%	-22.85%	+0.60%
Max Drawdown (5Y) Largest decline over 5 years	-41.25%	-35.61%	-5.64%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.61%	—
Current Drawdown Current decline from peak	-1.63%	-1.51%	-0.12%
Average Drawdown Average peak-to-trough decline	-13.37%	-7.09%	-6.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.64%	4.71%	-1.07%

Volatility

GINN vs. VUG - Volatility Comparison

Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN) and Vanguard Growth ETF (VUG) have volatilities of 3.98% and 3.83%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GINN	VUG	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.98%	3.83%	+0.15%
Volatility (6M) Calculated over the trailing 6-month period	12.04%	12.11%	-0.07%
Volatility (1Y) Calculated over the trailing 1-year period	16.06%	15.84%	+0.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.33%	22.22%	-0.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.05%	21.44%	-0.39%

GINN vs. VUG - Expense Ratio Comparison

GINN has a 0.50% expense ratio, which is higher than VUG's 0.03% expense ratio.

Dividends

GINN vs. VUG - Dividend Comparison

GINN's dividend yield for the trailing twelve months is around 1.16%, more than VUG's 0.37% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF	1.16%	1.26%	1.26%	1.01%	0.69%	0.67%	0.07%	0.00%	0.00%	0.00%	0.00%	0.00%
VUG Vanguard Growth ETF	0.37%	0.41%	0.47%	0.58%	0.70%	0.48%	0.66%	0.95%	1.32%	1.14%	1.39%	1.30%

Frequently Asked Questions

Can I hold both GINN and VUG in my portfolio?

GINN and VUG have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GINN or VUG?

GINN has higher volatility (3.98%) compared to VUG (3.83%). In terms of maximum drawdown, GINN dropped -41.25% vs VUG's -50.68%.

Which ETF is better, GINN or VUG?

On 5-year performance, VUG leads with 15.11% vs 6.82% for GINN. On fees, VUG is cheaper at 0.03% per year. On volatility, VUG has been the lower-risk option at 3.83%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GINN or VUG?

Over the 5-year period, VUG has performed better with a 15.11% return vs 6.82%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GINN or VUG?

VUG is cheaper with a 0.03% expense ratio, compared with 0.50% for GINN.

Which ETF pays a higher dividend yield, GINN or VUG?

GINN has the higher dividend yield at 1.16%, compared with 0.37% for VUG.

What is the main difference between GINN and VUG?

GINN is categorized as Technology Equities, while VUG is Large Cap Growth Equities. GINN tracks Solactive Innovative Global Equity Index, while VUG tracks CRSP US Large Cap Growth Index. They also come from different issuers: Goldman Sachs and Vanguard. Their fees differ too: 0.50% for GINN and 0.03% for VUG.

Which has better risk-adjusted returns?

VUG currently has the higher Sharpe Ratio (1.77 vs 1.61), 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.