GSID vs. DWMF

Last updated Jun 3, 2026

GSID (Goldman Sachs MarketBeta International Equity ETF) and DWMF (WisdomTree International Multifactor Fund) are both Foreign Large Cap Equities funds. GSID is passively managed, while DWMF is actively managed. Over the past 5 years, GSID returned 8.49%/yr vs 8.42%/yr for DWMF. Their correlation of 0.87 suggests significant overlap in exposure. GSID charges 0.20%/yr vs 0.38%/yr for DWMF.

Performance

GSID vs. DWMF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs MarketBeta International Equity ETF (GSID) and WisdomTree International Multifactor Fund (DWMF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GSID achieves a 9.52% return, which is significantly higher than DWMF's 2.60% return.

GSID

• 1D: 0.59%
• 1M: 2.70%
• YTD: 9.52%
• 6M: 12.61%
• 1Y: 21.95%
• 3Y*: 16.86%
• 5Y*: 8.49%
• 10Y*: —

DWMF

• 1D: 0.05%
• 1M: -1.25%
• YTD: 2.60%
• 6M: 3.53%
• 1Y: 7.67%
• 3Y*: 13.33%
• 5Y*: 8.42%
• 10Y*: —

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

GSID vs. DWMF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
GSID Goldman Sachs MarketBeta International Equity ETF	9.52%	31.77%	3.60%	17.63%	-14.77%	10.67%	35.83%
DWMF WisdomTree International Multifactor Fund	2.60%	24.42%	10.22%	10.78%	-7.31%	11.24%	15.78%

Correlation

The correlation between GSID and DWMF is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.85
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (All Time) Calculated using the full available price history since May 18, 2020	0.87

The correlation between GSID and DWMF has been stable across timeframes, ranging from 0.85 to 0.87 - a consistent structural relationship.

GSID vs. DWMF - Sectors Allocation Comparison

Sectors	GSID	DWMF
Financial Services	24.1%	20.0%
Industrials	19.8%	18.9%
Technology	10.4%	4.0%
Healthcare	10.4%	9.0%
Consumer Cyclical	7.8%	5.5%
Consumer Defensive	6.7%	11.5%
Basic Materials	6.1%	3.7%
Communication Services	4.5%	9.5%
Energy	4.2%	2.0%
Utilities	3.9%	9.2%
Real Estate	2.2%	6.7%

Return for Risk

GSID vs. DWMF — Risk / Return Rank

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

GSID

GSID Risk / Return Rank: 42
GSID Sharpe Ratio Rank: 41
GSID Sortino Ratio Rank: 42
GSID Omega Ratio Rank: 40
GSID Calmar Ratio Rank: 41
GSID Martin Ratio Rank: 46

DWMF

DWMF Risk / Return Rank: 21
DWMF Sharpe Ratio Rank: 21
DWMF Sortino Ratio Rank: 20
DWMF Omega Ratio Rank: 20
DWMF Calmar Ratio Rank: 22
DWMF Martin Ratio Rank: 23

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.

GSID vs. DWMF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs MarketBeta International Equity ETF (GSID) and WisdomTree International Multifactor Fund (DWMF). 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.

	GSID	DWMF	Difference
Sharpe ratio Return per unit of total volatility	1.46	0.70	+0.76
Sortino ratio Return per unit of downside risk	2.13	1.05	+1.08
Omega ratio Gain probability vs. loss probability	1.26	1.13	+0.13
Calmar ratio Return relative to maximum drawdown	2.05	1.01	+1.04
Martin ratio Return relative to average drawdown	7.65	3.00	+4.65
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GSID vs. DWMF - Sharpe Ratio Comparison

The current GSID Sharpe Ratio is 1.46, which is higher than the DWMF Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of GSID and DWMF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GSID	DWMF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.46	0.70	+0.76
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.53	0.75	-0.23
Sharpe Ratio (All Time) Calculated using the full available price history	0.89	0.51	+0.38

Drawdowns

GSID vs. DWMF - Drawdown Comparison

The maximum GSID drawdown since its inception was -29.89%, roughly equal to the maximum DWMF drawdown of -29.72%. Use the drawdown chart below to compare losses from any high point for GSID and DWMF.

Drawdown Indicators

	GSID	DWMF	Difference
Max Drawdown Largest peak-to-trough decline	-29.89%	-29.72%	-0.17%
Max Drawdown (1Y) Largest decline over 1 year	-11.34%	-8.74%	-2.60%
Max Drawdown (3Y) Largest decline over 3 years	-13.96%	-8.74%	-5.22%
Max Drawdown (5Y) Largest decline over 5 years	-29.89%	-17.00%	-12.89%
Current Drawdown Current decline from peak	-0.69%	-6.46%	+5.77%
Average Drawdown Average peak-to-trough decline	-5.73%	-3.90%	-1.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.04%	2.94%	+0.10%

Volatility

GSID vs. DWMF - Volatility Comparison

Goldman Sachs MarketBeta International Equity ETF (GSID) has a higher volatility of 4.99% compared to WisdomTree International Multifactor Fund (DWMF) at 3.44%. This indicates that GSID's price experiences larger fluctuations and is considered to be riskier than DWMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GSID	DWMF	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.99%	3.44%	+1.55%
Volatility (6M) Calculated over the trailing 6-month period	12.53%	8.72%	+3.81%
Volatility (1Y) Calculated over the trailing 1-year period	15.13%	11.04%	+4.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.23%	11.23%	+5.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.30%	14.11%	+2.19%

GSID vs. DWMF - Expense Ratio Comparison

GSID has a 0.20% expense ratio, which is lower than DWMF's 0.38% expense ratio.

Dividends

GSID vs. DWMF - Dividend Comparison

GSID's dividend yield for the trailing twelve months is around 2.42%, less than DWMF's 2.90% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DWMF WisdomTree International Multifactor Fund	2.90%	2.80%	3.50%	4.01%	3.41%	3.54%	2.06%	2.77%	1.15%
GSID Goldman Sachs MarketBeta International Equity ETF	2.42%	2.64%	2.90%	2.59%	2.57%	2.93%	1.02%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GSID and DWMF in my portfolio?

GSID and DWMF have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GSID or DWMF?

GSID has higher volatility (4.99%) compared to DWMF (3.44%). In terms of maximum drawdown, GSID dropped -29.89% vs DWMF's -29.72%.

Which ETF is better, GSID or DWMF?

On 5-year performance, GSID leads with 8.49% vs 8.42% for DWMF. On fees, GSID is cheaper at 0.20% per year. On volatility, DWMF has been the lower-risk option at 3.44%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GSID or DWMF?

Over the 5-year period, GSID has performed better with a 8.49% return vs 8.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GSID or DWMF?

GSID is cheaper with a 0.20% expense ratio, compared with 0.38% for DWMF.

Which ETF pays a higher dividend yield, GSID or DWMF?

DWMF has the higher dividend yield at 2.90%, compared with 2.42% for GSID.

What is the main difference between GSID and DWMF?

They also come from different issuers: Goldman Sachs and WisdomTree. Their fees differ too: 0.20% for GSID and 0.38% for DWMF.

Which has better risk-adjusted returns?

GSID currently has the higher Sharpe Ratio (1.46 vs 0.70), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.