GSGO vs. GSIE
GSGO (Goldman Sachs Growth Opportunities ETF) and GSIE (Goldman Sachs ActiveBeta International Equity ETF) are both exchange-traded funds - GSGO is a Large Cap Growth Equities fund actively managed by Goldman Sachs, while GSIE is a Foreign Large Cap Equities fund tracking the Goldman Sachs ActiveBeta International Equity Index. GSGO is actively managed, while GSIE is passively managed. A 0.67 correlation means they provide meaningful diversification when combined. GSGO charges 0.45%/yr vs 0.25%/yr for GSIE.
Performance
GSGO vs. GSIE - Performance Comparison
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Returns By Period
In the year-to-date period, GSGO achieves a 8.99% return, which is significantly higher than GSIE's 8.35% return.
GSGO
- 1D
- -1.28%
- 1M
- -0.07%
- YTD
- 8.99%
- 6M
- 8.32%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GSIE
- 1D
- 0.11%
- 1M
- 1.62%
- YTD
- 8.35%
- 6M
- 8.45%
- 1Y
- 22.79%
- 3Y*
- 17.50%
- 5Y*
- 8.72%
- 10Y*
- 9.97%
GSGO vs. GSIE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GSGO Goldman Sachs Growth Opportunities ETF | 8.99% | 0.81% |
GSIE Goldman Sachs ActiveBeta International Equity ETF | 8.35% | 3.40% |
Correlation
The correlation between GSGO and GSIE is 0.67, 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 Nov 17, 2025 | 0.67 |
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Return for Risk
GSGO vs. GSIE — Risk / Return Rank
GSGO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GSIE
GSGO vs. GSIE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Growth Opportunities ETF (GSGO) and Goldman Sachs ActiveBeta International Equity ETF (GSIE). 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 | GSIE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.29 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.13 | — |
| Martin ratioReturn relative to average drawdown | — | 8.03 | — |
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Drawdowns
GSGO vs. GSIE - Drawdown Comparison
The maximum GSGO drawdown since its inception was -13.88%, smaller than the maximum GSIE drawdown of -34.63%. Use the drawdown chart below to compare losses from any high point for GSGO and GSIE.
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Drawdown Indicators
| GSGO | GSIE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.88% | -34.63% | +20.75% |
Max Drawdown (1Y)Largest decline over 1 year | — | -10.76% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -13.07% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.97% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.63% | — |
Current DrawdownCurrent decline from peak | -3.79% | -0.50% | -3.29% |
Average DrawdownAverage peak-to-trough decline | -3.00% | -6.04% | +3.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.84% | — |
Volatility
GSGO vs. GSIE - Volatility Comparison
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Volatility by Period
| GSGO | GSIE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.31% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 12.09% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 18.84% | 14.49% | +4.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.84% | 16.10% | +2.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.84% | 16.72% | +2.12% |
GSGO vs. GSIE - Expense Ratio Comparison
GSGO has a 0.45% expense ratio, which is higher than GSIE's 0.25% expense ratio.
Dividends
GSGO vs. GSIE - Dividend Comparison
GSGO has not paid dividends to shareholders, while GSIE's dividend yield for the trailing twelve months is around 2.48%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% |
GSIE Goldman Sachs ActiveBeta International Equity ETF | 2.48% | 2.65% | 3.11% | 2.87% | 3.01% | 2.40% | 1.60% | 2.80% | 2.68% | 2.31% | 2.15% | 0.13% |
Frequently Asked Questions
GSGO and GSIE have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GSIE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GSIE is cheaper with a 0.25% expense ratio, compared with 0.45% for GSGO.
GSIE has the higher dividend yield at 2.48%, compared with 0.00% for GSGO.
GSGO is categorized as Large Cap Growth Equities, while GSIE is Foreign Large Cap Equities. Their fees differ too: 0.45% for GSGO and 0.25% for GSIE.
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