PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
GSIE vs. ICOW
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GSIE and ICOW is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.9

Performance

GSIE vs. ICOW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs ActiveBeta International Equity ETF (GSIE) and Pacer Developed Markets International Cash Cows 100 ETF (ICOW). The values are adjusted to include any dividend payments, if applicable.

-6.00%-4.00%-2.00%0.00%2.00%4.00%6.00%AugustSeptemberOctoberNovemberDecember2025
-1.29%
-3.86%
GSIE
ICOW

Key characteristics

Sharpe Ratio

GSIE:

0.75

ICOW:

0.14

Sortino Ratio

GSIE:

1.10

ICOW:

0.27

Omega Ratio

GSIE:

1.13

ICOW:

1.03

Calmar Ratio

GSIE:

1.02

ICOW:

0.19

Martin Ratio

GSIE:

2.56

ICOW:

0.44

Ulcer Index

GSIE:

3.59%

ICOW:

4.00%

Daily Std Dev

GSIE:

12.19%

ICOW:

12.86%

Max Drawdown

GSIE:

-34.63%

ICOW:

-43.49%

Current Drawdown

GSIE:

-6.84%

ICOW:

-6.52%

Returns By Period

In the year-to-date period, GSIE achieves a 1.17% return, which is significantly lower than ICOW's 1.68% return.


GSIE

YTD

1.17%

1M

1.83%

6M

-1.29%

1Y

8.11%

5Y*

4.75%

10Y*

N/A

ICOW

YTD

1.68%

1M

2.91%

6M

-3.86%

1Y

1.51%

5Y*

5.37%

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


GSIE vs. ICOW - Expense Ratio Comparison

GSIE has a 0.25% expense ratio, which is lower than ICOW's 0.65% expense ratio.


ICOW
Pacer Developed Markets International Cash Cows 100 ETF
Expense ratio chart for ICOW: current value at 0.65% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.65%
Expense ratio chart for GSIE: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%

Risk-Adjusted Performance

GSIE vs. ICOW — Risk-Adjusted Performance Rank

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

GSIE
The Risk-Adjusted Performance Rank of GSIE is 3030
Overall Rank
The Sharpe Ratio Rank of GSIE is 2828
Sharpe Ratio Rank
The Sortino Ratio Rank of GSIE is 2727
Sortino Ratio Rank
The Omega Ratio Rank of GSIE is 2626
Omega Ratio Rank
The Calmar Ratio Rank of GSIE is 4242
Calmar Ratio Rank
The Martin Ratio Rank of GSIE is 2828
Martin Ratio Rank

ICOW
The Risk-Adjusted Performance Rank of ICOW is 1010
Overall Rank
The Sharpe Ratio Rank of ICOW is 99
Sharpe Ratio Rank
The Sortino Ratio Rank of ICOW is 99
Sortino Ratio Rank
The Omega Ratio Rank of ICOW is 99
Omega Ratio Rank
The Calmar Ratio Rank of ICOW is 1313
Calmar Ratio Rank
The Martin Ratio Rank of ICOW is 1010
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

GSIE vs. ICOW - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs ActiveBeta International Equity ETF (GSIE) and Pacer Developed Markets International Cash Cows 100 ETF (ICOW). 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.


Sharpe ratio
The chart of Sharpe ratio for GSIE, currently valued at 0.75, compared to the broader market0.002.004.000.750.14
The chart of Sortino ratio for GSIE, currently valued at 1.10, compared to the broader market0.005.0010.001.100.27
The chart of Omega ratio for GSIE, currently valued at 1.13, compared to the broader market1.002.003.001.131.03
The chart of Calmar ratio for GSIE, currently valued at 1.02, compared to the broader market0.005.0010.0015.0020.001.020.19
The chart of Martin ratio for GSIE, currently valued at 2.56, compared to the broader market0.0020.0040.0060.0080.00100.002.560.44
GSIE
ICOW

The current GSIE Sharpe Ratio is 0.75, which is higher than the ICOW Sharpe Ratio of 0.14. The chart below compares the historical Sharpe Ratios of GSIE and ICOW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00AugustSeptemberOctoberNovemberDecember2025
0.75
0.14
GSIE
ICOW

Dividends

GSIE vs. ICOW - Dividend Comparison

GSIE's dividend yield for the trailing twelve months is around 3.07%, less than ICOW's 4.32% yield.


TTM2024202320222021202020192018201720162015
GSIE
Goldman Sachs ActiveBeta International Equity ETF
3.07%3.11%2.87%3.01%2.40%1.24%2.80%2.68%2.31%2.15%0.13%
ICOW
Pacer Developed Markets International Cash Cows 100 ETF
4.32%4.39%3.61%5.26%2.11%2.46%3.10%2.62%0.80%0.00%0.00%

Drawdowns

GSIE vs. ICOW - Drawdown Comparison

The maximum GSIE drawdown since its inception was -34.63%, smaller than the maximum ICOW drawdown of -43.49%. Use the drawdown chart below to compare losses from any high point for GSIE and ICOW. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%AugustSeptemberOctoberNovemberDecember2025
-6.84%
-6.52%
GSIE
ICOW

Volatility

GSIE vs. ICOW - Volatility Comparison

Goldman Sachs ActiveBeta International Equity ETF (GSIE) has a higher volatility of 3.72% compared to Pacer Developed Markets International Cash Cows 100 ETF (ICOW) at 3.54%. This indicates that GSIE's price experiences larger fluctuations and is considered to be riskier than ICOW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%AugustSeptemberOctoberNovemberDecember2025
3.72%
3.54%
GSIE
ICOW
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2025 PortfoliosLab