GLOV vs. IS3Q.DE
Compare and contrast key facts about Goldman Sachs ActiveBeta(R) World Low Vol Plus Equity ETF (GLOV) and iShares Edge MSCI World Quality Factor UCITS ETF (Acc) (IS3Q.DE).
GLOV and IS3Q.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GLOV is a passively managed fund by Goldman Sachs that tracks the performance of the Goldman Sachs ActiveBeta World Low Vol Plus Equity Index - Benchmark TR Net. It was launched on Mar 15, 2022. IS3Q.DE is a passively managed fund by iShares that tracks the performance of the MSCI World Sector Neutral Quality. It was launched on Oct 3, 2014. Both GLOV and IS3Q.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GLOV or IS3Q.DE.
Correlation
The correlation between GLOV and IS3Q.DE is 0.66, 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.
Performance
GLOV vs. IS3Q.DE - Performance Comparison
Key characteristics
GLOV:
1.91
IS3Q.DE:
1.68
GLOV:
2.61
IS3Q.DE:
2.38
GLOV:
1.35
IS3Q.DE:
1.32
GLOV:
3.23
IS3Q.DE:
2.51
GLOV:
9.37
IS3Q.DE:
10.24
GLOV:
1.96%
IS3Q.DE:
1.95%
GLOV:
9.61%
IS3Q.DE:
11.90%
GLOV:
-17.77%
IS3Q.DE:
-32.31%
GLOV:
-0.13%
IS3Q.DE:
-0.16%
Returns By Period
In the year-to-date period, GLOV achieves a 5.79% return, which is significantly higher than IS3Q.DE's 4.05% return.
GLOV
5.79%
3.02%
6.76%
18.20%
N/A
N/A
IS3Q.DE
4.05%
2.05%
9.76%
20.58%
12.19%
N/A
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GLOV vs. IS3Q.DE - Expense Ratio Comparison
GLOV has a 0.25% expense ratio, which is lower than IS3Q.DE's 0.30% expense ratio.
Risk-Adjusted Performance
GLOV vs. IS3Q.DE — Risk-Adjusted Performance Rank
GLOV
IS3Q.DE
GLOV vs. IS3Q.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs ActiveBeta(R) World Low Vol Plus Equity ETF (GLOV) and iShares Edge MSCI World Quality Factor UCITS ETF (Acc) (IS3Q.DE). 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.
Dividends
GLOV vs. IS3Q.DE - Dividend Comparison
GLOV's dividend yield for the trailing twelve months is around 1.66%, while IS3Q.DE has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
GLOV Goldman Sachs ActiveBeta(R) World Low Vol Plus Equity ETF | 1.66% | 1.75% | 2.06% | 1.73% |
IS3Q.DE iShares Edge MSCI World Quality Factor UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GLOV vs. IS3Q.DE - Drawdown Comparison
The maximum GLOV drawdown since its inception was -17.77%, smaller than the maximum IS3Q.DE drawdown of -32.31%. Use the drawdown chart below to compare losses from any high point for GLOV and IS3Q.DE. For additional features, visit the drawdowns tool.
Volatility
GLOV vs. IS3Q.DE - Volatility Comparison
The current volatility for Goldman Sachs ActiveBeta(R) World Low Vol Plus Equity ETF (GLOV) is 2.02%, while iShares Edge MSCI World Quality Factor UCITS ETF (Acc) (IS3Q.DE) has a volatility of 2.36%. This indicates that GLOV experiences smaller price fluctuations and is considered to be less risky than IS3Q.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.