GSLC vs. VLUE
Compare and contrast key facts about Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC) and iShares Edge MSCI USA Value Factor ETF (VLUE).
GSLC and VLUE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GSLC is a passively managed fund by Goldman Sachs that tracks the performance of the Goldman Sachs ActiveBeta U.S. Large Cap Equity Index. It was launched on Sep 17, 2015. VLUE is a passively managed fund by iShares that tracks the performance of the MSCI USA Value Weighted Index. It was launched on Apr 16, 2013. Both GSLC and VLUE 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 or VLUE.
Key characteristics
| GSLC | VLUE | |
|---|---|---|
| YTD Return | 26.19% | 12.96% |
| 1Y Return | 34.17% | 23.52% |
| 3Y Return (Ann) | 9.31% | 4.31% |
| 5Y Return (Ann) | 14.94% | 7.93% |
| Sharpe Ratio | 2.84 | 1.86 |
| Sortino Ratio | 3.82 | 2.59 |
| Omega Ratio | 1.53 | 1.33 |
| Calmar Ratio | 4.13 | 1.61 |
| Martin Ratio | 18.08 | 7.68 |
| Ulcer Index | 1.90% | 3.18% |
| Daily Std Dev | 12.10% | 13.18% |
| Max Drawdown | -33.69% | -39.47% |
| Current Drawdown | -0.91% | -1.33% |
Correlation
The correlation between GSLC and VLUE is 0.85, 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 vs. VLUE - Performance Comparison
In the year-to-date period, GSLC achieves a 26.19% return, which is significantly higher than VLUE's 12.96% 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 vs. VLUE - Expense Ratio Comparison
GSLC has a 0.09% expense ratio, which is lower than VLUE's 0.15% 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 vs. VLUE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC) and iShares Edge MSCI USA Value Factor ETF (VLUE). 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 vs. VLUE - Dividend Comparison
GSLC's dividend yield for the trailing twelve months is around 1.12%, less than VLUE's 2.49% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF | 1.12% | 1.38% | 1.61% | 1.06% | 1.02% | 1.54% | 1.89% | 1.69% | 1.69% | 0.36% | 0.00% | 0.00% |
VLUE iShares Edge MSCI USA Value Factor ETF | 2.49% | 2.66% | 3.19% | 2.22% | 2.42% | 2.60% | 2.70% | 2.14% | 2.07% | 2.39% | 1.64% | 1.33% |
Drawdowns
GSLC vs. VLUE - Drawdown Comparison
The maximum GSLC drawdown since its inception was -33.69%, smaller than the maximum VLUE drawdown of -39.47%. Use the drawdown chart below to compare losses from any high point for GSLC and VLUE. For additional features, visit the drawdowns tool.
Volatility
GSLC vs. VLUE - Volatility Comparison
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC) and iShares Edge MSCI USA Value Factor ETF (VLUE) have volatilities of 3.94% and 4.08%, 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.