GSIE vs. JIVE

Last updated Jul 14, 2026

GSIE (Goldman Sachs ActiveBeta International Equity ETF) and JIVE (JPMorgan International Value ETF) are both Foreign Large Cap Equities funds. GSIE is passively managed, while JIVE is actively managed. Over the past year, GSIE returned 18.75% vs 36.88% for JIVE. Their correlation of 0.91 suggests significant overlap in exposure. GSIE charges 0.25%/yr vs 0.55%/yr for JIVE.

Performance

GSIE vs. JIVE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs ActiveBeta International Equity ETF (GSIE) and JPMorgan International Value ETF (JIVE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GSIE achieves a 8.23% return, which is significantly lower than JIVE's 15.36% return.

GSIE

• 1D: -0.76%
• 1M: 0.51%
• 6M: 5.24%
• YTD: 8.23%
• 1Y: 18.75%
• 3Y*: 15.97%
• 5Y*: 8.48%
• 10Y*: 9.40%

JIVE

• 1D: -0.85%
• 1M: -1.06%
• 6M: 11.81%
• YTD: 15.36%
• 1Y: 36.88%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GSIE vs. JIVE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
GSIE Goldman Sachs ActiveBeta International Equity ETF	8.23%	32.53%	5.23%	6.70%
JIVE JPMorgan International Value ETF	15.36%	49.80%	11.22%	5.36%

Correlation

The correlation between GSIE and JIVE is 0.94, 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	0.94
Correlation (All Time) Calculated using the full available price history since Sep 14, 2023	0.91

The correlation between GSIE and JIVE has been stable across timeframes, ranging from 0.91 to 0.94 - a consistent structural relationship.

GSIE vs. JIVE - Sectors Allocation Comparison

Sectors	GSIE	JIVE
Financial Services	26.4%	37.6%
Industrials	18.9%	10.2%
Technology	9.9%	11.7%
Healthcare	9.3%	4.5%
Consumer Cyclical	8.7%	6.2%
Consumer Defensive	7.5%	4.3%
Basic Materials	6.2%	5.7%
Energy	4.6%	10.7%
Communication Services	4.1%	4.2%
Utilities	3.3%	2.4%
Real Estate	1.2%	2.4%

Return for Risk

GSIE vs. JIVE — Risk / Return Rank

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

GSIE

GSIE Risk / Return Rank: 46
GSIE Sharpe Ratio Rank: 46
GSIE Sortino Ratio Rank: 47
GSIE Omega Ratio Rank: 45
GSIE Calmar Ratio Rank: 43
GSIE Martin Ratio Rank: 49

JIVE

JIVE Risk / Return Rank: 87
JIVE Sharpe Ratio Rank: 91
JIVE Sortino Ratio Rank: 89
JIVE Omega Ratio Rank: 89
JIVE Calmar Ratio Rank: 82
JIVE Martin Ratio Rank: 84

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.

GSIE vs. JIVE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs ActiveBeta International Equity ETF (GSIE) and JPMorgan International Value ETF (JIVE). 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.

	GSIE	JIVE	Difference
Sharpe ratio: Return per unit of total volatility	1.29	2.45	-1.15
Sortino ratio: Return per unit of downside risk	1.88	3.25	-1.36
Omega ratio: Gain probability vs. loss probability	1.23	1.44	-0.20
Calmar ratio: Return relative to maximum drawdown	1.75	3.51	-1.76
Martin ratio: Return relative to average drawdown	6.59	13.18	-6.59

GSIE vs. JIVE - Sharpe Ratio Comparison

The current GSIE Sharpe Ratio is 1.29, which is lower than the JIVE Sharpe Ratio of 2.45. The chart below compares the historical Sharpe Ratios of GSIE and JIVE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GSIE vs. JIVE - Drawdown Comparison

The maximum GSIE drawdown since its inception was -34.63%, which is greater than JIVE's maximum drawdown of -13.79%. Use the drawdown chart below to compare losses from any high point for GSIE and JIVE.

Drawdown Indicators

	GSIE	JIVE	Difference
Max Drawdown Largest peak-to-trough decline	-34.63%	-13.79%	-20.84%
Max Drawdown (1Y) Largest decline over 1 year	-10.76%	-10.57%	-0.19%
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 Drawdown Current decline from peak	-1.49%	-2.06%	+0.57%
Average Drawdown Average peak-to-trough decline	-6.01%	-1.95%	-4.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.85%	2.81%	+0.04%

Volatility

GSIE vs. JIVE - Volatility Comparison

The current volatility for Goldman Sachs ActiveBeta International Equity ETF (GSIE) is 4.17%, while JPMorgan International Value ETF (JIVE) has a volatility of 5.03%. This indicates that GSIE experiences smaller price fluctuations and is considered to be less risky than JIVE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GSIE	JIVE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.17%	5.03%	-0.86%
Volatility (6M) Calculated over the trailing 6-month period	12.34%	13.13%	-0.79%
Volatility (1Y) Calculated over the trailing 1-year period	14.59%	15.17%	-0.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.11%	15.10%	+1.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.49%	15.10%	+1.39%

GSIE vs. JIVE - Expense Ratio Comparison

GSIE has a 0.25% expense ratio, which is lower than JIVE's 0.55% expense ratio.

Dividends

GSIE vs. JIVE - Dividend Comparison

GSIE's dividend yield for the trailing twelve months is around 2.57%, more than JIVE's 2.49% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GSIE Goldman Sachs ActiveBeta International Equity ETF	2.57%	2.65%	3.11%	2.87%	3.01%	2.40%	1.60%	2.80%	2.68%	2.31%	2.15%	0.13%
JIVE JPMorgan International Value ETF	2.49%	2.88%	2.48%	0.74%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GSIE and JIVE in my portfolio?

With a correlation of 0.94, GSIE and JIVE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, GSIE or JIVE?

JIVE has higher volatility (5.03%) compared to GSIE (4.17%). In terms of maximum drawdown, GSIE dropped -34.63% vs JIVE's -13.79%.

Which ETF is better, GSIE or JIVE?

On 1-year performance, JIVE leads with 36.88% vs 18.75% for GSIE. On fees, GSIE is cheaper at 0.25% per year. On volatility, GSIE has been the lower-risk option at 4.17%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GSIE or JIVE?

Over the 1-year period, JIVE has performed better with a 36.88% return vs 18.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GSIE or JIVE?

GSIE is cheaper with a 0.25% expense ratio, compared with 0.55% for JIVE.

Which ETF pays a higher dividend yield, GSIE or JIVE?

GSIE has the higher dividend yield at 2.57%, compared with 2.49% for JIVE.

What is the main difference between GSIE and JIVE?

They also come from different issuers: Goldman Sachs and JPMorgan. Their fees differ too: 0.25% for GSIE and 0.55% for JIVE.

Which has better risk-adjusted returns?

JIVE currently has the higher Sharpe Ratio (2.45 vs 1.29), 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.