GSGO vs. BPH

Last updated Jul 12, 2026

GSGO (Goldman Sachs Growth Opportunities ETF) and BPH (BP p.l.c. ADRhedged ETF) are both exchange-traded funds - GSGO is a Large Cap Growth Equities fund actively managed by Goldman Sachs, while BPH is a Energy Equities fund actively managed by Precidian. Both are actively managed. At a correlation of -0.18, they often move in opposite directions. GSGO charges 0.45%/yr vs 0.19%/yr for BPH.

Performance

GSGO vs. BPH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Growth Opportunities ETF (GSGO) and BP p.l.c. ADRhedged ETF (BPH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GSGO

• 1D: 0.41%
• 1M: 2.34%
• 6M: 9.93%
• YTD: 11.09%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BPH

• 1D: 1.58%
• 1M: -7.80%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

GSGO vs. BPH - Yearly Performance Comparison

	2026 (YTD)
GSGO Goldman Sachs Growth Opportunities ETF	1.85%
BPH BP p.l.c. ADRhedged ETF	-7.24%

Correlation

The correlation between GSGO and BPH is -0.18, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 26, 2026	-0.18

Return for Risk

GSGO vs. BPH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Growth Opportunities ETF (GSGO) and BP p.l.c. ADRhedged ETF (BPH). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

GSGO vs. BPH - Drawdown Comparison

The maximum GSGO drawdown since its inception was -13.88%, smaller than the maximum BPH drawdown of -15.58%. Use the drawdown chart below to compare losses from any high point for GSGO and BPH.

Drawdown Indicators

	GSGO	BPH	Difference
Max Drawdown Largest peak-to-trough decline	-13.88%	-15.58%	+1.70%
Current Drawdown Current decline from peak	-1.94%	-10.37%	+8.43%
Average Drawdown Average peak-to-trough decline	-3.03%	-6.79%	+3.76%

Volatility

Volatility by Period

	GSGO	BPH	Difference
Volatility (1Y) Calculated over the trailing 1-year period	18.93%	26.30%	-7.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.93%	26.30%	-7.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.93%	26.30%	-7.37%

GSGO vs. BPH - Expense Ratio Comparison

GSGO has a 0.45% expense ratio, which is higher than BPH's 0.19% expense ratio.

Dividends

GSGO vs. BPH - Dividend Comparison

GSGO has not paid dividends to shareholders, while BPH's dividend yield for the trailing twelve months is around 0.54%.

Position	TTM
BPH BP p.l.c. ADRhedged ETF	0.54%
GSGO Goldman Sachs Growth Opportunities ETF	0.00%

Frequently Asked Questions

Can I hold both GSGO and BPH in my portfolio?

GSGO and BPH have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GSGO or BPH?

On fees, BPH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GSGO or BPH?

BPH is cheaper with a 0.19% expense ratio, compared with 0.45% for GSGO.

Which ETF pays a higher dividend yield, GSGO or BPH?

BPH has the higher dividend yield at 0.54%, compared with 0.00% for GSGO.

What is the main difference between GSGO and BPH?

GSGO is categorized as Large Cap Growth Equities, while BPH is Energy Equities. They also come from different issuers: Goldman Sachs and Precidian. Their fees differ too: 0.45% for GSGO and 0.19% for BPH.