GSGO vs. DCMT

Last updated Aug 6, 2026

GSGO (Goldman Sachs Growth Opportunities ETF) and DCMT (DoubleLine Commodity Strategy ETF) are both exchange-traded funds - GSGO is a Large Cap Growth Equities fund actively managed by Goldman Sachs, while DCMT is a Commodities fund actively managed by DoubleLine. Both are actively managed. Their -0.22 correlation means they have often moved in opposite directions in the past. GSGO charges 0.45%/yr vs 0.66%/yr for DCMT.

Performance

GSGO vs. DCMT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Growth Opportunities ETF (GSGO) and DoubleLine Commodity Strategy ETF (DCMT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GSGO achieves a 12.07% return, which is significantly lower than DCMT's 25.34% return.

GSGO

• 1D: -0.40%
• 1M: 1.00%
• 6M: 16.12%
• YTD: 12.07%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

DCMT

• 1D: 0.48%
• 1M: 4.45%
• 6M: 17.24%
• YTD: 25.34%
• 1Y: 30.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 13.62%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DCMT DoubleLine Commodity Strategy ETF	$320.34K	$275.59K	$200.42K
GSGO Goldman Sachs Growth Opportunities ETF	$351.52K	$323.26K	$306.84K

GSGO vs. DCMT - Yearly Performance Comparison

	2026 (YTD)	2025
GSGO Goldman Sachs Growth Opportunities ETF	12.07%	0.81%
DCMT DoubleLine Commodity Strategy ETF	25.34%	-0.63%

Correlation

The correlation between GSGO and DCMT is -0.22, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 17, 2025	-0.22

Return for Risk

GSGO vs. DCMT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GSGO

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

DCMT

DCMT Risk / Return Rank: 53
DCMT Sharpe Ratio Rank: 59
DCMT Sortino Ratio Rank: 56
DCMT Omega Ratio Rank: 54
DCMT Calmar Ratio Rank: 47
DCMT Martin Ratio Rank: 48

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GSGO vs. DCMT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Growth Opportunities ETF (GSGO) and DoubleLine Commodity Strategy ETF (DCMT). 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.

	GSGO	DCMT	Difference
Sharpe ratio: Return per unit of total volatility	—	1.61	—
Sortino ratio: Return per unit of downside risk	—	2.22	—
Omega ratio: Gain probability vs. loss probability	—	1.28	—
Calmar ratio: Return relative to maximum drawdown	—	1.93	—
Martin ratio: Return relative to average drawdown	—	6.31	—

Drawdowns

GSGO vs. DCMT - Drawdown Comparison

The maximum GSGO drawdown since its inception was -13.88%, smaller than the maximum DCMT drawdown of -15.96%. Use the drawdown chart below to compare losses from any high point for GSGO and DCMT.

Drawdown Indicators

	GSGO	DCMT	Difference
Max Drawdown Largest peak-to-trough decline	-13.88%	-15.96%	+2.08%
Max Drawdown (1Y) Largest decline over 1 year	—	-15.96%	—
Current Drawdown Current decline from peak	-1.07%	-10.03%	+8.96%
Average Drawdown Average peak-to-trough decline	-3.23%	-3.64%	+0.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.86%	—

Volatility

Volatility by Period

	GSGO	DCMT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.48%	—
Volatility (6M) Calculated over the trailing 6-month period	—	16.57%	—
Volatility (1Y) Calculated over the trailing 1-year period	20.01%	19.04%	+0.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.01%	16.05%	+3.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.01%	16.05%	+3.96%

GSGO vs. DCMT - Expense Ratio Comparison

GSGO has a 0.45% expense ratio, which is lower than DCMT's 0.66% expense ratio.

Dividends

GSGO vs. DCMT - Dividend Comparison

GSGO has not paid dividends to shareholders, while DCMT's dividend yield for the trailing twelve months is around 2.93%.

Position	TTM	2025	2024
DCMT DoubleLine Commodity Strategy ETF	2.93%	3.67%	1.59%
GSGO Goldman Sachs Growth Opportunities ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GSGO and DCMT in my portfolio?

GSGO and DCMT have a correlation of -0.22, 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 DCMT?

On fees, GSGO is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GSGO or DCMT?

GSGO is cheaper with a 0.45% expense ratio, compared with 0.66% for DCMT.

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

DCMT has the higher dividend yield at 2.93%, compared with 0.00% for GSGO.

What is the main difference between GSGO and DCMT?

GSGO is categorized as Large Cap Growth Equities, while DCMT is Commodities. They also come from different issuers: Goldman Sachs and DoubleLine. Their fees differ too: 0.45% for GSGO and 0.66% for DCMT.