GSGO vs. GUSH
GSGO (Goldman Sachs Growth Opportunities ETF) and GUSH (Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares) are both exchange-traded funds - GSGO is a Large Cap Growth Equities fund actively managed by Goldman Sachs, while GUSH is a Leveraged Equities fund tracking the S&P Oil & Gas Exploration & Production Select Industry Index (300%). GSGO is actively managed, while GUSH is passively managed. At a correlation of -0.30, they often move in opposite directions. GSGO charges 0.45%/yr vs 1.17%/yr for GUSH.
Performance
GSGO vs. GUSH - Performance Comparison
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Returns By Period
In the year-to-date period, GSGO achieves a 11.09% return, which is significantly lower than GUSH's 48.90% return.
GSGO
- 1D
- 0.41%
- 1M
- 2.34%
- 6M
- 9.93%
- YTD
- 11.09%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GUSH
- 1D
- -1.01%
- 1M
- -7.62%
- 6M
- 46.89%
- YTD
- 48.90%
- 1Y
- 30.20%
- 3Y*
- 2.39%
- 5Y*
- 9.50%
- 10Y*
- -37.19%
GSGO vs. GUSH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GSGO Goldman Sachs Growth Opportunities ETF | 11.09% | 0.81% |
GUSH Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares | 48.90% | -11.31% |
Correlation
The correlation between GSGO and GUSH is -0.30, 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 17, 2025 | -0.30 |
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Return for Risk
GSGO vs. GUSH — Risk / Return Rank
GSGO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GUSH
GSGO vs. GUSH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Growth Opportunities ETF (GSGO) and Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares (GUSH). 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 | GUSH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.13 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.88 | — |
| Martin ratioReturn relative to average drawdown | — | 2.04 | — |
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Drawdowns
GSGO vs. GUSH - Drawdown Comparison
The maximum GSGO drawdown since its inception was -13.88%, smaller than the maximum GUSH drawdown of -99.98%. Use the drawdown chart below to compare losses from any high point for GSGO and GUSH.
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Drawdown Indicators
| GSGO | GUSH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.88% | -99.98% | +86.10% |
Max Drawdown (1Y)Largest decline over 1 year | — | -36.18% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -63.59% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -73.64% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -99.94% | — |
Current DrawdownCurrent decline from peak | -1.94% | -99.82% | +97.88% |
Average DrawdownAverage peak-to-trough decline | -3.03% | -92.95% | +89.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 15.58% | — |
Volatility
GSGO vs. GUSH - Volatility Comparison
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Volatility by Period
| GSGO | GUSH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 15.52% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 44.23% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 18.93% | 56.01% | -37.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.93% | 67.90% | -48.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.93% | 93.04% | -74.11% |
GSGO vs. GUSH - Expense Ratio Comparison
GSGO has a 0.45% expense ratio, which is lower than GUSH's 1.17% expense ratio.
Dividends
GSGO vs. GUSH - Dividend Comparison
GSGO has not paid dividends to shareholders, while GUSH's dividend yield for the trailing twelve months is around 1.46%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
GUSH Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares | 1.46% | 2.60% | 2.96% | 3.00% | 0.47% | 0.00% | 0.20% | 1.68% | 0.17% | 0.00% | 3.26% |
Frequently Asked Questions
GSGO and GUSH have a correlation of -0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
GSGO is cheaper with a 0.45% expense ratio, compared with 1.17% for GUSH.
GUSH has the higher dividend yield at 1.46%, compared with 0.00% for GSGO.
GSGO is categorized as Large Cap Growth Equities, while GUSH is Leveraged Equities. They also come from different issuers: Goldman Sachs and Direxion. Their fees differ too: 0.45% for GSGO and 1.17% for GUSH.
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