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GPRF vs. GHYB
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

GPRF vs. GHYB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (GPRF) and Goldman Sachs Access High Yield Corporate Bond ETF (GHYB). The values are adjusted to include any dividend payments, if applicable.

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GPRF vs. GHYB - Yearly Performance Comparison


Returns By Period

In the year-to-date period, GPRF achieves a -0.71% return, which is significantly lower than GHYB's -0.61% return.


GPRF

1D
0.23%
1M
-2.45%
YTD
-0.71%
6M
-0.58%
1Y
4.94%
3Y*
5Y*
10Y*

GHYB

1D
0.96%
1M
-1.18%
YTD
-0.61%
6M
0.45%
1Y
7.31%
3Y*
7.85%
5Y*
3.82%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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GPRF vs. GHYB - Expense Ratio Comparison

GPRF has a 0.45% expense ratio, which is higher than GHYB's 0.34% expense ratio.


Return for Risk

GPRF vs. GHYB — Risk / Return Rank

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

GPRF
GPRF Risk / Return Rank: 5757
Overall Rank
GPRF Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
GPRF Sortino Ratio Rank: 6262
Sortino Ratio Rank
GPRF Omega Ratio Rank: 6464
Omega Ratio Rank
GPRF Calmar Ratio Rank: 4141
Calmar Ratio Rank
GPRF Martin Ratio Rank: 5050
Martin Ratio Rank

GHYB
GHYB Risk / Return Rank: 7878
Overall Rank
GHYB Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
GHYB Sortino Ratio Rank: 7979
Sortino Ratio Rank
GHYB Omega Ratio Rank: 8282
Omega Ratio Rank
GHYB Calmar Ratio Rank: 7171
Calmar Ratio Rank
GHYB Martin Ratio Rank: 8484
Martin Ratio Rank
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.

GPRF vs. GHYB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (GPRF) and Goldman Sachs Access High Yield Corporate Bond ETF (GHYB). 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.


GPRFGHYBDifference

Sharpe ratio

Return per unit of total volatility

1.19

1.33

-0.14

Sortino ratio

Return per unit of downside risk

1.64

2.00

-0.36

Omega ratio

Gain probability vs. loss probability

1.24

1.32

-0.07

Calmar ratio

Return relative to maximum drawdown

1.08

1.78

-0.69

Martin ratio

Return relative to average drawdown

4.94

9.23

-4.29

GPRF vs. GHYB - Sharpe Ratio Comparison

The current GPRF Sharpe Ratio is 1.19, which is comparable to the GHYB Sharpe Ratio of 1.33. The chart below compares the historical Sharpe Ratios of GPRF and GHYB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


GPRFGHYBDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.19

1.33

-0.14

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.50

Sharpe Ratio (All Time)

Calculated using the full available price history

1.17

0.53

+0.64

Correlation

The correlation between GPRF and GHYB is 0.56, 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.


Dividends

GPRF vs. GHYB - Dividend Comparison

GPRF's dividend yield for the trailing twelve months is around 5.53%, less than GHYB's 7.08% yield.


TTM202520242023202220212020201920182017
GPRF
Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF
5.53%5.38%2.10%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
GHYB
Goldman Sachs Access High Yield Corporate Bond ETF
7.08%7.00%6.65%6.20%5.67%4.46%4.75%5.57%5.68%1.45%

Drawdowns

GPRF vs. GHYB - Drawdown Comparison

The maximum GPRF drawdown since its inception was -4.36%, smaller than the maximum GHYB drawdown of -21.48%. Use the drawdown chart below to compare losses from any high point for GPRF and GHYB.


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Drawdown Indicators


GPRFGHYBDifference

Max Drawdown

Largest peak-to-trough decline

-4.36%

-21.48%

+17.12%

Max Drawdown (1Y)

Largest decline over 1 year

-4.20%

-4.12%

-0.08%

Max Drawdown (5Y)

Largest decline over 5 years

-16.08%

Current Drawdown

Current decline from peak

-2.78%

-1.57%

-1.21%

Average Drawdown

Average peak-to-trough decline

-0.88%

-2.62%

+1.74%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.92%

0.79%

+0.13%

Volatility

GPRF vs. GHYB - Volatility Comparison

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF (GPRF) has a higher volatility of 2.34% compared to Goldman Sachs Access High Yield Corporate Bond ETF (GHYB) at 2.04%. This indicates that GPRF's price experiences larger fluctuations and is considered to be riskier than GHYB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


GPRFGHYBDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.34%

2.04%

+0.30%

Volatility (6M)

Calculated over the trailing 6-month period

3.11%

2.67%

+0.44%

Volatility (1Y)

Calculated over the trailing 1-year period

4.18%

5.53%

-1.35%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.03%

7.68%

-3.65%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.03%

8.35%

-4.32%