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GSEW vs. EUSA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GSEW and EUSA is 0.98, 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.


-0.50.00.51.01.0

Performance

GSEW vs. EUSA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW) and iShares MSCI USA Equal Weighted ETF (EUSA). The values are adjusted to include any dividend payments, if applicable.

90.00%100.00%110.00%120.00%130.00%JulyAugustSeptemberOctoberNovemberDecember
116.02%
108.97%
GSEW
EUSA

Key characteristics

Sharpe Ratio

GSEW:

1.69

EUSA:

1.47

Sortino Ratio

GSEW:

2.36

EUSA:

2.04

Omega Ratio

GSEW:

1.30

EUSA:

1.26

Calmar Ratio

GSEW:

2.84

EUSA:

2.57

Martin Ratio

GSEW:

9.75

EUSA:

7.83

Ulcer Index

GSEW:

2.06%

EUSA:

2.28%

Daily Std Dev

GSEW:

11.88%

EUSA:

12.17%

Max Drawdown

GSEW:

-38.65%

EUSA:

-39.16%

Current Drawdown

GSEW:

-5.71%

EUSA:

-5.57%

Returns By Period

In the year-to-date period, GSEW achieves a 17.62% return, which is significantly higher than EUSA's 15.50% return.


GSEW

YTD

17.62%

1M

-2.73%

6M

9.82%

1Y

18.62%

5Y*

10.79%

10Y*

N/A

EUSA

YTD

15.50%

1M

-2.48%

6M

9.56%

1Y

16.38%

5Y*

10.31%

10Y*

9.91%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


GSEW vs. EUSA - Expense Ratio Comparison

GSEW has a 0.09% expense ratio, which is lower than EUSA's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


EUSA
iShares MSCI USA Equal Weighted ETF
Expense ratio chart for EUSA: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%
Expense ratio chart for GSEW: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

Risk-Adjusted Performance

GSEW vs. EUSA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW) and iShares MSCI USA Equal Weighted ETF (EUSA). 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.


Sharpe ratio
The chart of Sharpe ratio for GSEW, currently valued at 1.69, compared to the broader market0.002.004.001.691.47
The chart of Sortino ratio for GSEW, currently valued at 2.36, compared to the broader market-2.000.002.004.006.008.0010.002.362.04
The chart of Omega ratio for GSEW, currently valued at 1.30, compared to the broader market0.501.001.502.002.503.001.301.26
The chart of Calmar ratio for GSEW, currently valued at 2.84, compared to the broader market0.005.0010.0015.002.842.57
The chart of Martin ratio for GSEW, currently valued at 9.75, compared to the broader market0.0020.0040.0060.0080.00100.009.757.83
GSEW
EUSA

The current GSEW Sharpe Ratio is 1.69, which is comparable to the EUSA Sharpe Ratio of 1.47. The chart below compares the historical Sharpe Ratios of GSEW and EUSA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.69
1.47
GSEW
EUSA

Dividends

GSEW vs. EUSA - Dividend Comparison

GSEW's dividend yield for the trailing twelve months is around 1.49%, more than EUSA's 1.46% yield.


TTM20232022202120202019201820172016201520142013
GSEW
Goldman Sachs Equal Weight U.S. Large Cap Equity ETF
1.49%1.64%1.73%1.34%1.53%1.65%1.56%0.54%0.00%0.00%0.00%0.00%
EUSA
iShares MSCI USA Equal Weighted ETF
1.46%1.53%1.73%1.23%1.45%1.49%2.01%1.50%1.59%2.21%1.91%1.97%

Drawdowns

GSEW vs. EUSA - Drawdown Comparison

The maximum GSEW drawdown since its inception was -38.65%, roughly equal to the maximum EUSA drawdown of -39.16%. Use the drawdown chart below to compare losses from any high point for GSEW and EUSA. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-5.71%
-5.57%
GSEW
EUSA

Volatility

GSEW vs. EUSA - Volatility Comparison

Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW) and iShares MSCI USA Equal Weighted ETF (EUSA) have volatilities of 4.36% and 4.35%, 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.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
4.36%
4.35%
GSEW
EUSA
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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