GSSC vs. FNDA
Compare and contrast key facts about Goldman Sachs ActiveBeta US Small Cap Equity ETF (GSSC) and Schwab Fundamental US Small Co. Index ETF (FNDA).
GSSC and FNDA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GSSC is a passively managed fund by Goldman Sachs that tracks the performance of the Goldman Sachs ActiveBeta U.S. Small Cap Equity Index. It was launched on Jun 28, 2017. FNDA is a passively managed fund by Charles Schwab that tracks the performance of the Russell RAFI Small Company US. It was launched on Aug 15, 2013. Both GSSC and FNDA 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: GSSC or FNDA.
Key characteristics
| GSSC | FNDA | |
|---|---|---|
| YTD Return | 0.38% | -0.11% |
| 1Y Return | 22.23% | 21.52% |
| 3Y Return (Ann) | 1.11% | 3.07% |
| 5Y Return (Ann) | 8.00% | 8.75% |
| Sharpe Ratio | 1.10 | 1.05 |
| Daily Std Dev | 18.55% | 18.87% |
| Max Drawdown | -41.38% | -44.64% |
| Current Drawdown | -7.01% | -3.33% |
Correlation
The correlation between GSSC and FNDA is 0.95, 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
GSSC vs. FNDA - Performance Comparison
In the year-to-date period, GSSC achieves a 0.38% return, which is significantly higher than FNDA's -0.11% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GSSC vs. FNDA - Expense Ratio Comparison
GSSC has a 0.20% expense ratio, which is lower than FNDA's 0.25% 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
GSSC vs. FNDA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs ActiveBeta US Small Cap Equity ETF (GSSC) and Schwab Fundamental US Small Co. Index ETF (FNDA). 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
GSSC vs. FNDA - Dividend Comparison
GSSC's dividend yield for the trailing twelve months is around 1.36%, less than FNDA's 1.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSSC Goldman Sachs ActiveBeta US Small Cap Equity ETF | 1.36% | 1.33% | 1.31% | 1.00% | 0.94% | 1.24% | 1.21% | 0.73% | 0.00% | 0.00% | 0.00% | 0.00% |
FNDA Schwab Fundamental US Small Co. Index ETF | 1.40% | 1.37% | 1.38% | 1.15% | 1.31% | 1.38% | 1.67% | 1.30% | 1.18% | 1.33% | 1.06% | 0.32% |
Drawdowns
GSSC vs. FNDA - Drawdown Comparison
The maximum GSSC drawdown since its inception was -41.38%, smaller than the maximum FNDA drawdown of -44.64%. Use the drawdown chart below to compare losses from any high point for GSSC and FNDA. For additional features, visit the drawdowns tool.
Volatility
GSSC vs. FNDA - Volatility Comparison
Goldman Sachs ActiveBeta US Small Cap Equity ETF (GSSC) and Schwab Fundamental US Small Co. Index ETF (FNDA) have volatilities of 5.21% and 5.24%, 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.