GSC vs. GARP
Compare and contrast key facts about Goldman Sachs Small Cap Core Equity ETF (GSC) and iShares MSCI USA Quality GARP ETF (GARP).
GSC and GARP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GSC is an actively managed fund by Goldman Sachs. It was launched on Oct 3, 2023. GARP is a passively managed fund by iShares that tracks the performance of the MSCI USA Quality GARP Select Index. It was launched on Jan 14, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GSC or GARP.
Key characteristics
| GSC | GARP | |
|---|---|---|
| YTD Return | 15.23% | 26.31% |
| Daily Std Dev | 18.82% | 17.86% |
| Max Drawdown | -9.67% | -31.34% |
| Current Drawdown | -1.15% | -4.62% |
Correlation
The correlation between GSC and GARP is 0.67, 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
GSC vs. GARP - Performance Comparison
In the year-to-date period, GSC achieves a 15.23% return, which is significantly lower than GARP's 26.31% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GSC vs. GARP - Expense Ratio Comparison
GSC has a 0.75% expense ratio, which is higher than GARP's 0.15% expense ratio.
Risk-Adjusted Performance
GSC vs. GARP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Small Cap Core Equity ETF (GSC) and iShares MSCI USA Quality GARP ETF (GARP). 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.
Not enough dataDividends
GSC vs. GARP - Dividend Comparison
GSC's dividend yield for the trailing twelve months is around 0.19%, less than GARP's 0.36% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
GSC Goldman Sachs Small Cap Core Equity ETF | 0.19% | 0.11% | 0.00% | 0.00% | 0.00% |
GARP iShares MSCI USA Quality GARP ETF | 0.36% | 0.75% | 1.85% | 0.67% | 0.75% |
Drawdowns
GSC vs. GARP - Drawdown Comparison
The maximum GSC drawdown since its inception was -9.67%, smaller than the maximum GARP drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for GSC and GARP. For additional features, visit the drawdowns tool.
Volatility
GSC vs. GARP - Volatility Comparison
Goldman Sachs Small Cap Core Equity ETF (GSC) and iShares MSCI USA Quality GARP ETF (GARP) have volatilities of 6.15% and 6.08%, 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.