GSGO vs. GBIL

Last updated Jun 6, 2026

GSGO (Goldman Sachs Growth Opportunities ETF) and GBIL (Goldman Sachs Access Treasury 0-1 Year ETF) are both exchange-traded funds - GSGO is a Large Cap Growth Equities fund actively managed by Goldman Sachs, while GBIL is a Government Bonds fund tracking the FTSE US Treasury 0-1 Year Composite Select Index. GSGO is actively managed, while GBIL is passively managed. At a 0.00 correlation, their price movements are largely independent. GSGO charges 0.45%/yr vs 0.12%/yr for GBIL.

Performance

GSGO vs. GBIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Growth Opportunities ETF (GSGO) and Goldman Sachs Access Treasury 0-1 Year ETF (GBIL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GSGO achieves a 8.99% return, which is significantly higher than GBIL's 1.45% return.

GSGO

• 1D: -3.46%
• 1M: 2.75%
• YTD: 8.99%
• 6M: 7.80%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GBIL

• 1D: 0.01%
• 1M: 0.30%
• YTD: 1.45%
• 6M: 1.72%
• 1Y: 3.91%
• 3Y*: 4.64%
• 5Y*: 3.32%
• 10Y*: —

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

GSGO vs. GBIL - Yearly Performance Comparison

	2026 (YTD)	2025
GSGO Goldman Sachs Growth Opportunities ETF	8.99%	1.36%
GBIL Goldman Sachs Access Treasury 0-1 Year ETF	1.45%	0.50%

Correlation

The correlation between GSGO and GBIL is 0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025	0.00

Return for Risk

GSGO vs. GBIL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GBIL

GBIL Risk / Return Rank: 100
GBIL Sharpe Ratio Rank: 100
GBIL Sortino Ratio Rank: 100
GBIL Omega Ratio Rank: 100
GBIL Calmar Ratio Rank: 100
GBIL Martin Ratio Rank: 100

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GSGO vs. GBIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Growth Opportunities ETF (GSGO) and Goldman Sachs Access Treasury 0-1 Year ETF (GBIL). 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.

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

Sharpe Ratios by Period

	GSGO	GBIL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	17.08	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	5.78	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.09	4.88	-3.78

Drawdowns

GSGO vs. GBIL - Drawdown Comparison

The maximum GSGO drawdown since its inception was -13.88%, which is greater than GBIL's maximum drawdown of -0.76%. Use the drawdown chart below to compare losses from any high point for GSGO and GBIL.

Drawdown Indicators

	GSGO	GBIL	Difference
Max Drawdown Largest peak-to-trough decline	-13.88%	-0.76%	-13.12%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.02%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-0.76%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-0.76%	—
Current Drawdown Current decline from peak	-3.79%	0.00%	-3.79%
Average Drawdown Average peak-to-trough decline	-2.94%	-0.04%	-2.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.00%	—

Volatility

Volatility by Period

	GSGO	GBIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.04%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.14%	—
Volatility (1Y) Calculated over the trailing 1-year period	18.46%	0.23%	+18.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.46%	0.58%	+17.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.46%	0.47%	+17.99%

GSGO vs. GBIL - Expense Ratio Comparison

GSGO has a 0.45% expense ratio, which is higher than GBIL's 0.12% expense ratio.

Dividends

GSGO vs. GBIL - Dividend Comparison

GSGO has not paid dividends to shareholders, while GBIL's dividend yield for the trailing twelve months is around 3.74%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
GBIL Goldman Sachs Access Treasury 0-1 Year ETF	3.74%	4.02%	4.93%	4.77%	1.37%	0.00%	0.81%	2.20%	1.70%	0.74%	0.11%
GSGO Goldman Sachs Growth Opportunities ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GSGO and GBIL in my portfolio?

GSGO and GBIL have a correlation of 0.00, 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 GBIL?

On fees, GBIL is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GSGO or GBIL?

GBIL is cheaper with a 0.12% expense ratio, compared with 0.45% for GSGO.

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

GBIL has the higher dividend yield at 3.74%, compared with 0.00% for GSGO.

What is the main difference between GSGO and GBIL?

GSGO is categorized as Large Cap Growth Equities, while GBIL is Government Bonds. Their fees differ too: 0.45% for GSGO and 0.12% for GBIL.