PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
GINN vs. XT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GINN and XT is 0.96, 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.


-0.50.00.51.01.0

Performance

GINN vs. XT - 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 iShares Exponential Technologies ETF (XT). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
10.10%
4.22%
GINN
XT

Key characteristics

Sharpe Ratio

GINN:

1.27

XT:

0.19

Sortino Ratio

GINN:

1.75

XT:

0.38

Omega Ratio

GINN:

1.22

XT:

1.05

Calmar Ratio

GINN:

0.96

XT:

0.19

Martin Ratio

GINN:

7.19

XT:

0.78

Ulcer Index

GINN:

2.75%

XT:

4.22%

Daily Std Dev

GINN:

15.58%

XT:

17.31%

Max Drawdown

GINN:

-41.25%

XT:

-34.41%

Current Drawdown

GINN:

-4.32%

XT:

-7.67%

Returns By Period

In the year-to-date period, GINN achieves a 19.10% return, which is significantly higher than XT's 2.14% return.


GINN

YTD

19.10%

1M

-1.44%

6M

10.29%

1Y

19.93%

5Y*

N/A

10Y*

N/A

XT

YTD

2.14%

1M

0.28%

6M

4.40%

1Y

2.83%

5Y*

8.01%

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. XT - Expense Ratio Comparison

GINN has a 0.50% expense ratio, which is higher than XT's 0.47% 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 XT: current value at 0.47% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.47%

Risk-Adjusted Performance

GINN vs. XT - 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 iShares Exponential Technologies ETF (XT). 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 market0.002.004.001.270.19
The chart of Sortino ratio for GINN, currently valued at 1.75, compared to the broader market-2.000.002.004.006.008.0010.001.750.38
The chart of Omega ratio for GINN, currently valued at 1.22, compared to the broader market0.501.001.502.002.503.001.221.05
The chart of Calmar ratio for GINN, currently valued at 0.96, compared to the broader market0.005.0010.0015.000.960.19
The chart of Martin ratio for GINN, currently valued at 7.19, compared to the broader market0.0020.0040.0060.0080.00100.007.190.78
GINN
XT

The current GINN Sharpe Ratio is 1.27, which is higher than the XT Sharpe Ratio of 0.19. The chart below compares the historical Sharpe Ratios of GINN and XT, 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
0.19
GINN
XT

Dividends

GINN vs. XT - Dividend Comparison

GINN's dividend yield for the trailing twelve months is around 0.85%, more than XT's 0.63% yield.


TTM202320222021202020192018201720162015
GINN
Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF
0.85%1.01%0.69%0.67%0.07%0.00%0.00%0.00%0.00%0.00%
XT
iShares Exponential Technologies ETF
0.63%0.41%0.78%0.84%0.77%1.55%1.45%0.97%1.37%1.34%

Drawdowns

GINN vs. XT - Drawdown Comparison

The maximum GINN drawdown since its inception was -41.25%, which is greater than XT's maximum drawdown of -34.41%. Use the drawdown chart below to compare losses from any high point for GINN and XT. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.32%
-7.67%
GINN
XT

Volatility

GINN vs. XT - Volatility Comparison

Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN) and iShares Exponential Technologies ETF (XT) have volatilities of 4.73% and 4.76%, 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.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
4.73%
4.76%
GINN
XT
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


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.

Copyright © 2024 PortfoliosLab