GSLC.L vs. VWRA.L
Compare and contrast key facts about Goldman Sachs ActiveBeta US Large Cap Equity UCITS ETF CLASS USD (Acc.) (GSLC.L) and Vanguard FTSE All-World UCITS ETF USD Accumulating (VWRA.L).
GSLC.L and VWRA.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GSLC.L is a passively managed fund by Goldman Sachs that tracks the performance of the Russell 1000 TR USD. It was launched on Sep 23, 2019. VWRA.L is a passively managed fund by Vanguard that tracks the performance of the MSCI ACWI NR USD. It was launched on Jul 23, 2019. Both GSLC.L and VWRA.L 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: GSLC.L or VWRA.L.
Key characteristics
| GSLC.L | VWRA.L | |
|---|---|---|
| YTD Return | 23.44% | 18.19% |
| 1Y Return | 35.61% | 29.80% |
| 3Y Return (Ann) | 10.21% | 6.89% |
| 5Y Return (Ann) | 15.25% | 11.85% |
| Sharpe Ratio | 2.99 | 2.72 |
| Sortino Ratio | 3.96 | 3.88 |
| Omega Ratio | 1.57 | 1.50 |
| Calmar Ratio | 2.79 | 2.28 |
| Martin Ratio | 18.82 | 18.02 |
| Ulcer Index | 1.94% | 1.73% |
| Daily Std Dev | 12.20% | 11.51% |
| Max Drawdown | -33.84% | -33.62% |
| Current Drawdown | -0.44% | -0.68% |
Correlation
The correlation between GSLC.L and VWRA.L is 0.93, 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
GSLC.L vs. VWRA.L - Performance Comparison
In the year-to-date period, GSLC.L achieves a 23.44% return, which is significantly higher than VWRA.L's 18.19% 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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GSLC.L vs. VWRA.L - Expense Ratio Comparison
GSLC.L has a 0.14% expense ratio, which is lower than VWRA.L's 0.22% expense ratio. Despite the difference, 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
GSLC.L vs. VWRA.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs ActiveBeta US Large Cap Equity UCITS ETF CLASS USD (Acc.) (GSLC.L) and Vanguard FTSE All-World UCITS ETF USD Accumulating (VWRA.L). 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
GSLC.L vs. VWRA.L - Dividend Comparison
Neither GSLC.L nor VWRA.L has paid dividends to shareholders.
Drawdowns
GSLC.L vs. VWRA.L - Drawdown Comparison
The maximum GSLC.L drawdown since its inception was -33.84%, roughly equal to the maximum VWRA.L drawdown of -33.62%. Use the drawdown chart below to compare losses from any high point for GSLC.L and VWRA.L. For additional features, visit the drawdowns tool.
Volatility
GSLC.L vs. VWRA.L - Volatility Comparison
The current volatility for Goldman Sachs ActiveBeta US Large Cap Equity UCITS ETF CLASS USD (Acc.) (GSLC.L) is 2.54%, while Vanguard FTSE All-World UCITS ETF USD Accumulating (VWRA.L) has a volatility of 2.69%. This indicates that GSLC.L experiences smaller price fluctuations and is considered to be less risky than VWRA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.