GPRF vs. TSCM

Last updated Jun 4, 2026

GPRF (Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF) and TSCM (TimesSquare Quality Mid Cap Growth ETF) are both exchange-traded funds - GPRF is a Preferred Stock/Convertible Bonds fund tracking the FTSE Goldman Sachs US Preferred Stock and Hybrids Index, while TSCM is a Mid Cap Growth Equities fund actively managed by TimesSquare Capital Management. GPRF is passively managed, while TSCM is actively managed. At a 0.31 correlation, their price movements are largely independent. GPRF charges 0.45%/yr vs 0.55%/yr for TSCM.

Performance

GPRF vs. TSCM - 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 TimesSquare Quality Mid Cap Growth ETF (TSCM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GPRF achieves a 1.33% return, which is significantly lower than TSCM's 3.31% return.

GPRF

• 1D: -0.07%
• 1M: 0.14%
• YTD: 1.33%
• 6M: 1.66%
• 1Y: 6.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSCM

• 1D: -0.92%
• 1M: 5.27%
• YTD: 3.31%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GPRF vs. TSCM - Yearly Performance Comparison

	2026 (YTD)	2025
GPRF Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF	1.33%	0.00%
TSCM TimesSquare Quality Mid Cap Growth ETF	3.31%	-0.86%

Correlation

The correlation between GPRF and TSCM is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 31, 2025	0.31

Return for Risk

GPRF vs. TSCM — Risk / Return Rank

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

GPRF

GPRF Risk / Return Rank: 49
GPRF Sharpe Ratio Rank: 52
GPRF Sortino Ratio Rank: 52
GPRF Omega Ratio Rank: 62
GPRF Calmar Ratio Rank: 33
GPRF Martin Ratio Rank: 46

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. TSCM - 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 TimesSquare Quality Mid Cap Growth ETF (TSCM). 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.

	GPRF	TSCM	Difference
Sharpe ratio: Return per unit of total volatility	1.76	—	—
Sortino ratio: Return per unit of downside risk	2.50	—	—
Omega ratio: Gain probability vs. loss probability	1.37	—	—
Calmar ratio: Return relative to maximum drawdown	1.57	—	—
Martin ratio: Return relative to average drawdown	7.51	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	GPRF	TSCM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.76	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.37	0.28	+1.10

Drawdowns

GPRF vs. TSCM - Drawdown Comparison

The maximum GPRF drawdown since its inception was -4.36%, smaller than the maximum TSCM drawdown of -14.87%. Use the drawdown chart below to compare losses from any high point for GPRF and TSCM.

Drawdown Indicators

	GPRF	TSCM	Difference
Max Drawdown Largest peak-to-trough decline	-4.36%	-14.87%	+10.51%
Max Drawdown (1Y) Largest decline over 1 year	-4.20%	—	—
Current Drawdown Current decline from peak	-0.78%	-0.92%	+0.14%
Average Drawdown Average peak-to-trough decline	-0.89%	-6.33%	+5.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.88%	—	—

Volatility

Volatility by Period

	GPRF	TSCM	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.78%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.13%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.76%	21.03%	-17.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.94%	21.03%	-17.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.94%	21.03%	-17.09%

GPRF vs. TSCM - Expense Ratio Comparison

GPRF has a 0.45% expense ratio, which is lower than TSCM's 0.55% expense ratio.

Dividends

GPRF vs. TSCM - Dividend Comparison

GPRF's dividend yield for the trailing twelve months is around 5.65%, while TSCM has not paid dividends to shareholders.

Position	TTM	2025	2024
GPRF Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF	5.65%	5.38%	2.10%
TSCM TimesSquare Quality Mid Cap Growth ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GPRF and TSCM in my portfolio?

GPRF and TSCM have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GPRF or TSCM?

On fees, GPRF is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GPRF or TSCM?

GPRF is cheaper with a 0.45% expense ratio, compared with 0.55% for TSCM.

Which ETF pays a higher dividend yield, GPRF or TSCM?

GPRF has the higher dividend yield at 5.65%, compared with 0.00% for TSCM.

What is the main difference between GPRF and TSCM?

GPRF is categorized as Preferred Stock/Convertible Bonds, while TSCM is Mid Cap Growth Equities. They also come from different issuers: Goldman Sachs and TimesSquare Capital Management. Their fees differ too: 0.45% for GPRF and 0.55% for TSCM.