GSIE vs. SCHF
Compare and contrast key facts about Goldman Sachs ActiveBeta International Equity ETF (GSIE) and Schwab International Equity ETF (SCHF).
GSIE and SCHF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GSIE is a passively managed fund by Goldman Sachs that tracks the performance of the Goldman Sachs ActiveBeta International Equity Index. It was launched on Nov 6, 2015. SCHF is a passively managed fund by Charles Schwab that tracks the performance of the FTSE Developed ex U.S. Index. It was launched on Nov 3, 2009. Both GSIE and SCHF are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GSIE or SCHF.
Key characteristics
| GSIE | SCHF | |
|---|---|---|
| YTD Return | 6.13% | 4.60% |
| 1Y Return | 13.24% | 12.49% |
| 3Y Return (Ann) | 1.05% | 1.31% |
| 5Y Return (Ann) | 5.46% | 6.48% |
| Sharpe Ratio | 1.29 | 1.19 |
| Sortino Ratio | 1.87 | 1.71 |
| Omega Ratio | 1.22 | 1.21 |
| Calmar Ratio | 1.57 | 1.77 |
| Martin Ratio | 7.07 | 6.25 |
| Ulcer Index | 2.28% | 2.47% |
| Daily Std Dev | 12.46% | 12.96% |
| Max Drawdown | -34.63% | -34.64% |
| Current Drawdown | -7.13% | -7.82% |
Correlation
The correlation between GSIE and SCHF is 0.98, 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.
Performance
GSIE vs. SCHF - Performance Comparison
In the year-to-date period, GSIE achieves a 6.13% return, which is significantly higher than SCHF's 4.60% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GSIE vs. SCHF - Expense Ratio Comparison
GSIE has a 0.25% expense ratio, which is higher than SCHF's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
GSIE vs. SCHF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs ActiveBeta International Equity ETF (GSIE) and Schwab International Equity ETF (SCHF). 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.
Dividends
GSIE vs. SCHF - Dividend Comparison
GSIE's dividend yield for the trailing twelve months is around 2.84%, less than SCHF's 5.57% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSIE Goldman Sachs ActiveBeta International Equity ETF | 2.84% | 2.87% | 3.01% | 2.40% | 1.24% | 2.80% | 2.68% | 2.31% | 2.15% | 0.13% | 0.00% | 0.00% |
SCHF Schwab International Equity ETF | 5.57% | 5.94% | 2.80% | 3.31% | 2.08% | 3.71% | 6.12% | 2.35% | 5.15% | 4.51% | 2.90% | 4.42% |
Drawdowns
GSIE vs. SCHF - Drawdown Comparison
The maximum GSIE drawdown since its inception was -34.63%, roughly equal to the maximum SCHF drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for GSIE and SCHF. For additional features, visit the drawdowns tool.
Volatility
GSIE vs. SCHF - Volatility Comparison
Goldman Sachs ActiveBeta International Equity ETF (GSIE) and Schwab International Equity ETF (SCHF) have volatilities of 3.74% and 3.84%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.