GSLC vs. GRW

Last updated Jun 3, 2026

GSLC (Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF) and GRW (TCW Durable Growth ETF) are both Large Cap Growth Equities funds. GSLC is passively managed, while GRW is actively managed. A 0.50 correlation means they provide meaningful diversification when combined. GSLC charges 0.09%/yr vs 0.75%/yr for GRW.

Performance

GSLC vs. GRW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC) and TCW Durable Growth ETF (GRW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GSLC

• 1D: 0.14%
• 1M: 4.85%
• YTD: 9.23%
• 6M: 9.80%
• 1Y: 24.99%
• 3Y*: 21.12%
• 5Y*: 13.05%
• 10Y*: 14.72%

GRW

• 1D: -0.13%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GSLC vs. GRW - Yearly Performance Comparison

	2026 (YTD)
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF	0.59%
GRW TCW Durable Growth ETF	1.61%

Correlation

The correlation between GSLC and GRW is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	0.50

GSLC vs. GRW - Sectors Allocation Comparison

Sectors	GSLC	GRW
Technology	38.0%	26.6%
Financial Services	10.6%	9.8%
Consumer Cyclical	10.6%	8.3%
Communication Services	10.5%	9.1%
Healthcare	8.3%	4.1%
Industrials	8.2%	38.1%
Consumer Defensive	5.5%	-
Energy	3.2%	-
Utilities	2.4%	-
Basic Materials	1.5%	4.0%
Real Estate	1.1%	-

Return for Risk

GSLC vs. GRW — Risk / Return Rank

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

GSLC

GSLC Risk / Return Rank: 62
GSLC Sharpe Ratio Rank: 63
GSLC Sortino Ratio Rank: 63
GSLC Omega Ratio Rank: 63
GSLC Calmar Ratio Rank: 54
GSLC Martin Ratio Rank: 65

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.

GSLC vs. GRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC) and TCW Durable Growth ETF (GRW). 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.

	GSLC	GRW	Difference
Sharpe ratio Return per unit of total volatility	2.15	—	—
Sortino ratio Return per unit of downside risk	2.95	—	—
Omega ratio Gain probability vs. loss probability	1.39	—	—
Calmar ratio Return relative to maximum drawdown	2.70	—	—
Martin ratio Return relative to average drawdown	12.04	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	GSLC	GRW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.15	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.79	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.84	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.82	37.56	-36.74

Drawdowns

GSLC vs. GRW - Drawdown Comparison

The maximum GSLC drawdown since its inception was -33.69%, which is greater than GRW's maximum drawdown of -0.13%. Use the drawdown chart below to compare losses from any high point for GSLC and GRW.

Drawdown Indicators

	GSLC	GRW	Difference
Max Drawdown Largest peak-to-trough decline	-33.69%	-0.13%	-33.56%
Max Drawdown (1Y) Largest decline over 1 year	-9.49%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.66%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-24.90%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.69%	—	—
Current Drawdown Current decline from peak	0.00%	-0.13%	+0.13%
Average Drawdown Average peak-to-trough decline	-4.39%	-0.04%	-4.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.13%	—	—

Volatility

Volatility by Period

	GSLC	GRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.65%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.82%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.70%	9.26%	+2.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.62%	9.26%	+7.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.68%	9.26%	+8.42%

GSLC vs. GRW - Expense Ratio Comparison

GSLC has a 0.09% expense ratio, which is lower than GRW's 0.75% expense ratio.

Dividends

GSLC vs. GRW - Dividend Comparison

GSLC's dividend yield for the trailing twelve months is around 0.92%, while GRW has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GRW TCW Durable Growth ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF	0.92%	1.00%	1.11%	1.38%	1.61%	1.06%	1.35%	1.54%	1.89%	1.69%	1.69%	0.36%

Frequently Asked Questions

Can I hold both GSLC and GRW in my portfolio?

GSLC and GRW have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GSLC or GRW?

On fees, GSLC is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GSLC or GRW?

GSLC is cheaper with a 0.09% expense ratio, compared with 0.75% for GRW.

Which ETF pays a higher dividend yield, GSLC or GRW?

GSLC has the higher dividend yield at 0.92%, compared with 0.00% for GRW.

What is the main difference between GSLC and GRW?

They also come from different issuers: Goldman Sachs and TCW. Their fees differ too: 0.09% for GSLC and 0.75% for GRW.