GSEW vs. ITOT
Compare and contrast key facts about Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW) and iShares Core S&P Total U.S. Stock Market ETF (ITOT).
GSEW and ITOT 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. ITOT is a passively managed fund by iShares that tracks the performance of the S&P Composite 1500 Index. It was launched on Jan 20, 2004. Both GSEW and ITOT 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: GSEW or ITOT.
Key characteristics
| GSEW | ITOT | |
|---|---|---|
| YTD Return | 22.42% | 26.74% |
| 1Y Return | 37.89% | 38.99% |
| 3Y Return (Ann) | 5.75% | 8.91% |
| 5Y Return (Ann) | 12.63% | 15.42% |
| Sharpe Ratio | 3.33 | 3.24 |
| Sortino Ratio | 4.62 | 4.29 |
| Omega Ratio | 1.60 | 1.60 |
| Calmar Ratio | 2.67 | 4.83 |
| Martin Ratio | 21.27 | 21.09 |
| Ulcer Index | 1.87% | 1.95% |
| Daily Std Dev | 11.90% | 12.65% |
| Max Drawdown | -38.65% | -55.21% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between GSEW and ITOT 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
GSEW vs. ITOT - Performance Comparison
In the year-to-date period, GSEW achieves a 22.42% return, which is significantly lower than ITOT's 26.74% 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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GSEW vs. ITOT - Expense Ratio Comparison
GSEW has a 0.09% expense ratio, which is higher than ITOT's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
GSEW vs. ITOT - 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 Core S&P Total U.S. Stock Market ETF (ITOT). 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
GSEW vs. ITOT - Dividend Comparison
GSEW's dividend yield for the trailing twelve months is around 1.43%, more than ITOT's 1.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF | 1.43% | 1.64% | 1.73% | 1.34% | 1.53% | 1.65% | 1.56% | 0.54% | 0.00% | 0.00% | 0.00% | 0.00% |
ITOT iShares Core S&P Total U.S. Stock Market ETF | 1.20% | 1.47% | 1.66% | 1.18% | 1.41% | 1.88% | 2.14% | 1.69% | 1.83% | 2.01% | 2.20% | 2.06% |
Drawdowns
GSEW vs. ITOT - Drawdown Comparison
The maximum GSEW drawdown since its inception was -38.65%, smaller than the maximum ITOT drawdown of -55.21%. Use the drawdown chart below to compare losses from any high point for GSEW and ITOT. For additional features, visit the drawdowns tool.
Volatility
GSEW vs. ITOT - Volatility Comparison
The current volatility for Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW) is 3.74%, while iShares Core S&P Total U.S. Stock Market ETF (ITOT) has a volatility of 4.03%. This indicates that GSEW experiences smaller price fluctuations and is considered to be less risky than ITOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.