GSEU vs. EUDG
Compare and contrast key facts about Goldman Sachs ActiveBeta Europe Equity ETF (GSEU) and WisdomTree Europe Quality Dividend Growth Fund (EUDG).
GSEU and EUDG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GSEU is a passively managed fund by Goldman Sachs that tracks the performance of the Goldman Sachs ActiveBeta Europe Equity Index. It was launched on Mar 2, 2016. EUDG is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Europe Quality Dividend Growth Index. It was launched on May 7, 2014. Both GSEU and EUDG 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: GSEU or EUDG.
Key characteristics
| GSEU | EUDG | |
|---|---|---|
| YTD Return | 7.80% | 4.34% |
| 1Y Return | 13.84% | 8.29% |
| 3Y Return (Ann) | 3.76% | 2.06% |
| 5Y Return (Ann) | 8.08% | 8.52% |
| Sharpe Ratio | 1.15 | 0.71 |
| Daily Std Dev | 12.62% | 12.38% |
| Max Drawdown | -35.71% | -33.76% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between GSEU and EUDG is 0.92, 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
GSEU vs. EUDG - Performance Comparison
In the year-to-date period, GSEU achieves a 7.80% return, which is significantly higher than EUDG's 4.34% 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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GSEU vs. EUDG - Expense Ratio Comparison
GSEU has a 0.25% expense ratio, which is lower than EUDG's 0.58% expense ratio.
Risk-Adjusted Performance
GSEU vs. EUDG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs ActiveBeta Europe Equity ETF (GSEU) and WisdomTree Europe Quality Dividend Growth Fund (EUDG). 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
GSEU vs. EUDG - Dividend Comparison
GSEU's dividend yield for the trailing twelve months is around 3.16%, more than EUDG's 1.93% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
GSEU Goldman Sachs ActiveBeta Europe Equity ETF | 3.16% | 3.41% | 3.34% | 2.71% | 1.32% | 3.69% | 3.40% | 2.51% | 2.74% | 0.00% | 0.00% |
EUDG WisdomTree Europe Quality Dividend Growth Fund | 1.93% | 2.14% | 3.07% | 2.98% | 1.87% | 2.30% | 3.00% | 1.55% | 2.49% | 2.10% | 0.97% |
Drawdowns
GSEU vs. EUDG - Drawdown Comparison
The maximum GSEU drawdown since its inception was -35.71%, which is greater than EUDG's maximum drawdown of -33.76%. Use the drawdown chart below to compare losses from any high point for GSEU and EUDG. For additional features, visit the drawdowns tool.
Volatility
GSEU vs. EUDG - Volatility Comparison
Goldman Sachs ActiveBeta Europe Equity ETF (GSEU) has a higher volatility of 3.11% compared to WisdomTree Europe Quality Dividend Growth Fund (EUDG) at 2.83%. This indicates that GSEU's price experiences larger fluctuations and is considered to be riskier than EUDG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.