GSGO vs. GQGU

Last updated Jun 6, 2026

GSGO (Goldman Sachs Growth Opportunities ETF) and GQGU (GQG US Equity ETF) are both Large Cap Growth Equities funds. Both are actively managed. At a correlation of -0.34, they often move in opposite directions. GSGO charges 0.45%/yr vs 0.49%/yr for GQGU.

Performance

GSGO vs. GQGU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Growth Opportunities ETF (GSGO) and GQG US Equity ETF (GQGU). 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 GQGU's 6.84% return.

GSGO

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

GQGU

• 1D: 0.38%
• 1M: 0.30%
• YTD: 6.84%
• 6M: 8.79%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GSGO vs. GQGU - Yearly Performance Comparison

	2026 (YTD)	2025
GSGO Goldman Sachs Growth Opportunities ETF	8.99%	1.36%
GQGU GQG US Equity ETF	6.84%	0.04%

Correlation

The correlation between GSGO and GQGU is -0.34, 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 Nov 18, 2025	-0.34

Return for Risk

GSGO vs. GQGU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Growth Opportunities ETF (GSGO) and GQG US Equity ETF (GQGU). 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	GQGU	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.09	0.62	+0.47

Drawdowns

GSGO vs. GQGU - Drawdown Comparison

The maximum GSGO drawdown since its inception was -13.88%, which is greater than GQGU's maximum drawdown of -6.65%. Use the drawdown chart below to compare losses from any high point for GSGO and GQGU.

Drawdown Indicators

	GSGO	GQGU	Difference
Max Drawdown Largest peak-to-trough decline	-13.88%	-6.65%	-7.23%
Current Drawdown Current decline from peak	-3.79%	-4.44%	+0.65%
Average Drawdown Average peak-to-trough decline	-2.94%	-2.55%	-0.39%

Volatility

Volatility by Period

	GSGO	GQGU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	18.46%	10.11%	+8.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.46%	10.11%	+8.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.46%	10.11%	+8.35%

GSGO vs. GQGU - Expense Ratio Comparison

GSGO has a 0.45% expense ratio, which is lower than GQGU's 0.49% expense ratio.

Dividends

GSGO vs. GQGU - Dividend Comparison

GSGO has not paid dividends to shareholders, while GQGU's dividend yield for the trailing twelve months is around 0.95%.

Position	TTM	2025
GQGU GQG US Equity ETF	0.95%	1.02%
GSGO Goldman Sachs Growth Opportunities ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both GSGO and GQGU in my portfolio?

GSGO and GQGU have a correlation of -0.34, 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 GQGU?

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 GQGU?

GSGO is cheaper with a 0.45% expense ratio, compared with 0.49% for GQGU.

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

GQGU has the higher dividend yield at 0.95%, compared with 0.00% for GSGO.

What is the main difference between GSGO and GQGU?

They also come from different issuers: Goldman Sachs and GQG Partners. Their fees differ too: 0.45% for GSGO and 0.49% for GQGU.