GSEW vs. SPCT
GSEW (Goldman Sachs Equal Weight U.S. Large Cap Equity ETF) and SPCT (Liberty One Spectrum ETF) are both Large Cap Blend Equities funds. GSEW is passively managed, while SPCT is actively managed. A 0.63 correlation means they provide meaningful diversification when combined. GSEW charges 0.09%/yr vs 0.85%/yr for SPCT.
Performance
GSEW vs. SPCT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GSEW achieves a 11.74% return, which is significantly higher than SPCT's 8.84% return.
GSEW
- 1D
- -0.28%
- 1M
- 0.19%
- 6M
- 7.85%
- YTD
- 11.74%
- 1Y
- 17.49%
- 3Y*
- 15.98%
- 5Y*
- 8.95%
- 10Y*
- —
SPCT
- 1D
- -0.06%
- 1M
- 0.51%
- 6M
- 6.12%
- YTD
- 8.84%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GSEW vs. SPCT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF | 11.74% | 0.74% |
SPCT Liberty One Spectrum ETF | 8.84% | 1.93% |
Correlation
The correlation between GSEW and SPCT is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 30, 2025 | 0.63 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GSEW vs. SPCT — Risk / Return Rank
GSEW
SPCT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GSEW vs. SPCT - 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 Liberty One Spectrum ETF (SPCT). 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 | SPCT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.25 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.28 | — | — |
| Martin ratioReturn relative to average drawdown | 8.63 | — | — |
Loading charts...
Drawdowns
GSEW vs. SPCT - Drawdown Comparison
The maximum GSEW drawdown since its inception was -38.65%, which is greater than SPCT's maximum drawdown of -7.17%. Use the drawdown chart below to compare losses from any high point for GSEW and SPCT.
Loading charts...
Drawdown Indicators
| GSEW | SPCT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.65% | -7.17% | -31.48% |
Max Drawdown (1Y)Largest decline over 1 year | -7.72% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -18.18% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -25.74% | — | — |
Current DrawdownCurrent decline from peak | -1.06% | -0.55% | -0.51% |
Average DrawdownAverage peak-to-trough decline | -5.82% | -1.49% | -4.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.03% | — | — |
Volatility
GSEW vs. SPCT - Volatility Comparison
Loading charts...
Volatility by Period
| GSEW | SPCT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.57% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 9.24% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 12.34% | 9.24% | +3.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.95% | 9.24% | +7.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.12% | 9.24% | +9.88% |
GSEW vs. SPCT - Expense Ratio Comparison
GSEW has a 0.09% expense ratio, which is lower than SPCT's 0.85% expense ratio.
Dividends
GSEW vs. SPCT - Dividend Comparison
GSEW's dividend yield for the trailing twelve months is around 1.38%, more than SPCT's 0.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF | 1.38% | 1.52% | 1.46% | 1.64% | 1.74% | 1.34% | 1.53% | 1.66% | 1.56% | 0.54% |
SPCT Liberty One Spectrum ETF | 0.74% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GSEW and SPCT have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GSEW is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GSEW is cheaper with a 0.09% expense ratio, compared with 0.85% for SPCT.
GSEW has the higher dividend yield at 1.38%, compared with 0.74% for SPCT.
They also come from different issuers: Goldman Sachs and Liberty One. Their fees differ too: 0.09% for GSEW and 0.85% for SPCT.
Find the right allocation for GSEW and SPCT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer