GSEW vs. GIGB
GSEW (Goldman Sachs Equal Weight U.S. Large Cap Equity ETF) and GIGB (Goldman Sachs Access Investment Grade Corporate Bond ETF) are both exchange-traded funds - GSEW is a Large Cap Blend Equities fund tracking the Solactive US Large Cap Equal Weight Index, while GIGB is a Corporate Bonds fund tracking the FTSE Goldman Sachs Investment Grade Corporate Bond Index. Both are passively managed. Over the past 5 years, GSEW returned 8.94%/yr vs -0.18%/yr for GIGB. Their 0.25 correlation means their historical movements had little consistent relationship. GSEW charges 0.09%/yr vs 0.14%/yr for GIGB.
Performance
GSEW vs. GIGB - Performance Comparison
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Returns By Period
In the year-to-date period, GSEW achieves a 15.21% return, which is significantly higher than GIGB's 0.20% return.
GSEW
- 1D
- 1.65%
- 1M
- 2.30%
- 6M
- 12.31%
- YTD
- 15.21%
- 1Y
- 19.63%
- 3Y*
- 17.29%
- 5Y*
- 8.94%
- 10Y*
- —
- ALL TIME*
- 12.15%
GIGB
- 1D
- 0.52%
- 1M
- -0.93%
- 6M
- -0.09%
- YTD
- 0.20%
- 1Y
- 2.46%
- 3Y*
- 5.06%
- 5Y*
- -0.18%
- 10Y*
- —
- ALL TIME*
- 2.41%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.93M | $2.15M | $3.21M | |
| $8.92M | $6.80M | $6.46M |
GSEW vs. GIGB - 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 | 15.21% | 11.97% | 16.89% | 17.80% | -17.54% | 25.43% | 16.28% | 31.04% | -8.11% | 7.72% |
GIGB Goldman Sachs Access Investment Grade Corporate Bond ETF | 0.20% | 7.58% | 1.68% | 8.80% | -15.80% | -1.64% | 9.86% | 15.05% | -2.76% | 1.36% |
Correlation
The correlation between GSEW and GIGB is 0.47, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.47 |
Correlation (3Y) Balances recent behavior with more history. | 0.38 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.35 |
Correlation (All Time) Calculated using the full available price history since Sep 14, 2017 | 0.25 |
Over the past year, GSEW and GIGB have become more correlated (0.47) than their long-term average of 0.25, meaning their price movements have been converging.
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Return for Risk
GSEW vs. GIGB — Risk / Return Rank
GSEW
GIGB
GSEW vs. GIGB - 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 Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GSEW | GIGB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.02 | ||
| Sortino ratioReturn per unit of downside risk | +1.44 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.10 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.55 | 0.86 | +1.69 |
| Martin ratioReturn relative to average drawdown | 9.88 | 2.38 | +7.50 |
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Drawdowns
GSEW vs. GIGB - Drawdown Comparison
The maximum GSEW drawdown since its inception was -38.65%, which is greater than GIGB's maximum drawdown of -22.25%. Use the drawdown chart below to compare losses from any high point for GSEW and GIGB.
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Drawdown Indicators
| GSEW | GIGB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.65% | -22.25% | -16.40% |
Max Drawdown (1Y)Largest decline over 1 year | -7.72% | -2.87% | -4.85% |
Max Drawdown (3Y)Largest decline over 3 years | -18.18% | -5.43% | -12.75% |
Max Drawdown (5Y)Largest decline over 5 years | -25.74% | -22.25% | -3.49% |
Current DrawdownCurrent decline from peak | 0.00% | -1.42% | +1.42% |
Average DrawdownAverage peak-to-trough decline | -5.79% | -5.54% | -0.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.99% | 1.04% | +0.95% |
Volatility
GSEW vs. GIGB - Volatility Comparison
Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW) has a higher volatility of 3.13% compared to Goldman Sachs Access Investment Grade Corporate Bond ETF (GIGB) at 1.36%. This indicates that GSEW's price experiences larger fluctuations and is considered to be riskier than GIGB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GSEW | GIGB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.13% | 1.36% | +1.77% |
Volatility (6M)Calculated over the trailing 6-month period | 9.34% | 3.41% | +5.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.36% | 4.23% | +8.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.94% | 7.26% | +9.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.08% | 7.62% | +11.46% |
GSEW vs. GIGB - Expense Ratio Comparison
GSEW has a 0.09% expense ratio, which is lower than GIGB's 0.14% 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%.
Dividends
GSEW vs. GIGB - Dividend Comparison
GSEW's dividend yield for the trailing twelve months is around 1.34%, less than GIGB's 4.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
GIGB Goldman Sachs Access Investment Grade Corporate Bond ETF | 4.68% | 4.69% | 4.45% | 3.67% | 3.12% | 2.25% | 2.62% | 3.22% | 3.31% | 1.55% |
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF | 1.34% | 1.52% | 1.46% | 1.64% | 1.74% | 1.34% | 1.53% | 1.66% | 1.56% | 0.54% |
Frequently Asked Questions
GSEW and GIGB have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GSEW has higher volatility (3.13%) compared to GIGB (1.36%). In terms of maximum drawdown, GSEW dropped -38.65% vs GIGB's -22.25%.
On 5-year performance, GSEW leads with 8.94% vs -0.18% for GIGB. On fees, GSEW is cheaper at 0.09% per year. On volatility, GIGB has been the lower-risk option at 1.36%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, GSEW has performed better with a 8.94% return vs -0.18%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GSEW is cheaper with a 0.09% expense ratio, compared with 0.14% for GIGB.
GIGB has the higher dividend yield at 4.68%, compared with 1.34% for GSEW.
GSEW is categorized as Large Cap Blend Equities, while GIGB is Corporate Bonds. GSEW tracks Solactive US Large Cap Equal Weight Index, while GIGB tracks FTSE Goldman Sachs Investment Grade Corporate Bond Index. Their fees differ too: 0.09% for GSEW and 0.14% for GIGB.
GSEW currently has the higher Sharpe Ratio (1.60 vs 0.58), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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