GSEW vs. FPX
Compare and contrast key facts about Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW) and First Trust US Equity Opportunities ETF (FPX).
GSEW and FPX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GSEW is a passively managed fund by Goldman Sachs that tracks the performance of the Solactive US Large Cap Equal Weight Index. It was launched on Sep 12, 2017. FPX is a passively managed fund by First Trust that tracks the performance of the IPOX-100 U.S. Index. It was launched on Apr 12, 2006. Both GSEW and FPX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
GSEW vs. FPX - Performance Comparison
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GSEW vs. FPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF | 0.15% | 11.97% | 16.89% | 17.80% | -17.54% | 25.43% | 16.28% | 31.04% | -8.11% | 7.67% |
FPX First Trust US Equity Opportunities ETF | -1.32% | 37.62% | 24.75% | 22.26% | -35.11% | 3.69% | 47.89% | 30.37% | -8.35% | 8.09% |
Returns By Period
In the year-to-date period, GSEW achieves a 0.15% return, which is significantly higher than FPX's -1.32% return.
GSEW
- 1D
- 0.38%
- 1M
- -5.12%
- YTD
- 0.15%
- 6M
- 0.69%
- 1Y
- 13.18%
- 3Y*
- 14.03%
- 5Y*
- 7.88%
- 10Y*
- —
FPX
- 1D
- 1.61%
- 1M
- -3.75%
- YTD
- -1.32%
- 6M
- -2.81%
- 1Y
- 43.47%
- 3Y*
- 24.63%
- 5Y*
- 6.32%
- 10Y*
- 12.97%
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GSEW vs. FPX - Expense Ratio Comparison
GSEW has a 0.09% expense ratio, which is lower than FPX's 0.57% expense ratio.
Return for Risk
GSEW vs. FPX — Risk / Return Rank
GSEW
FPX
GSEW vs. FPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW) and First Trust US Equity Opportunities ETF (FPX). 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.
| GSEW | FPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.75 | 1.49 | -0.74 |
Sortino ratioReturn per unit of downside risk | 1.16 | 2.05 | -0.90 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.28 | -0.11 |
Calmar ratioReturn relative to maximum drawdown | 1.06 | 3.19 | -2.12 |
Martin ratioReturn relative to average drawdown | 4.86 | 10.78 | -5.91 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GSEW | FPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.75 | 1.49 | -0.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.47 | 0.24 | +0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.54 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.53 | +0.03 |
Correlation
The correlation between GSEW and FPX is 0.80, 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.
Dividends
GSEW vs. FPX - Dividend Comparison
GSEW's dividend yield for the trailing twelve months is around 1.55%, more than FPX's 0.58% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF | 1.55% | 1.52% | 1.46% | 1.64% | 1.74% | 1.34% | 1.53% | 1.66% | 1.56% | 0.54% | 0.00% | 0.00% |
FPX First Trust US Equity Opportunities ETF | 0.58% | 0.53% | 0.09% | 0.27% | 1.08% | 0.14% | 0.28% | 0.67% | 0.88% | 0.68% | 0.77% | 0.62% |
Drawdowns
GSEW vs. FPX - Drawdown Comparison
The maximum GSEW drawdown since its inception was -38.65%, smaller than the maximum FPX drawdown of -56.29%. Use the drawdown chart below to compare losses from any high point for GSEW and FPX.
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Drawdown Indicators
| GSEW | FPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.65% | -56.29% | +17.64% |
Max Drawdown (1Y)Largest decline over 1 year | -12.71% | -14.19% | +1.48% |
Max Drawdown (5Y)Largest decline over 5 years | -25.74% | -43.14% | +17.40% |
Max Drawdown (10Y)Largest decline over 10 years | — | -43.14% | — |
Current DrawdownCurrent decline from peak | -5.14% | -6.75% | +1.61% |
Average DrawdownAverage peak-to-trough decline | -5.99% | -11.43% | +5.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.78% | 4.20% | -1.42% |
Volatility
GSEW vs. FPX - Volatility Comparison
The current volatility for Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW) is 4.87%, while First Trust US Equity Opportunities ETF (FPX) has a volatility of 9.11%. This indicates that GSEW experiences smaller price fluctuations and is considered to be less risky than FPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GSEW | FPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.87% | 9.11% | -4.24% |
Volatility (6M)Calculated over the trailing 6-month period | 9.59% | 18.68% | -9.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.69% | 29.37% | -11.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.91% | 26.54% | -9.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.32% | 24.17% | -4.85% |