GSEE vs. DFCEX
Compare and contrast key facts about Goldman Sachs MarketBeta Emerging Markets Equity ETF (GSEE) and DFA Emerging Markets Core Equity Fund (DFCEX).
GSEE is a passively managed fund by Goldman Sachs that tracks the performance of the Solactive GBS Emerging Markets Large & Mid Cap Index. It was launched on May 12, 2020. DFCEX is managed by Dimensional Fund Advisors LP. It was launched on Apr 4, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GSEE or DFCEX.
Key characteristics
| GSEE | DFCEX | |
|---|---|---|
| YTD Return | 6.23% | 7.21% |
| 1Y Return | 13.37% | 17.22% |
| 3Y Return (Ann) | -3.33% | 0.89% |
| Sharpe Ratio | 1.08 | 1.62 |
| Daily Std Dev | 14.09% | 11.29% |
| Max Drawdown | -37.51% | -64.58% |
| Current Drawdown | -17.89% | -2.98% |
Correlation
The correlation between GSEE and DFCEX is 0.94, 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.
Performance
GSEE vs. DFCEX - Performance Comparison
In the year-to-date period, GSEE achieves a 6.23% return, which is significantly lower than DFCEX's 7.21% 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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GSEE vs. DFCEX - Expense Ratio Comparison
GSEE has a 0.36% expense ratio, which is lower than DFCEX's 0.40% expense ratio.
Risk-Adjusted Performance
GSEE vs. DFCEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs MarketBeta Emerging Markets Equity ETF (GSEE) and DFA Emerging Markets Core Equity Fund (DFCEX). 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
GSEE vs. DFCEX - Dividend Comparison
GSEE's dividend yield for the trailing twelve months is around 1.57%, less than DFCEX's 3.33% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF | 1.57% | 3.07% | 3.05% | 6.10% | 2.41% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DFCEX DFA Emerging Markets Core Equity Fund | 3.33% | 3.53% | 3.78% | 2.59% | 1.70% | 2.42% | 2.33% | 1.92% | 1.99% | 2.28% | 2.04% | 2.03% |
Drawdowns
GSEE vs. DFCEX - Drawdown Comparison
The maximum GSEE drawdown since its inception was -37.51%, smaller than the maximum DFCEX drawdown of -64.58%. Use the drawdown chart below to compare losses from any high point for GSEE and DFCEX. For additional features, visit the drawdowns tool.
Volatility
GSEE vs. DFCEX - Volatility Comparison
Goldman Sachs MarketBeta Emerging Markets Equity ETF (GSEE) has a higher volatility of 3.44% compared to DFA Emerging Markets Core Equity Fund (DFCEX) at 3.18%. This indicates that GSEE's price experiences larger fluctuations and is considered to be riskier than DFCEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.