GSSC vs. GBIL
GSSC (Goldman Sachs ActiveBeta US Small Cap Equity ETF) and GBIL (Goldman Sachs Access Treasury 0-1 Year ETF) are both exchange-traded funds - GSSC is a Small Cap Growth Equities fund tracking the Goldman Sachs ActiveBeta U.S. Small Cap Equity Index, while GBIL is a Government Bonds fund tracking the FTSE US Treasury 0-1 Year Composite Select Index. Both are passively managed. Over the past 5 years, GSSC returned 7.20%/yr vs 3.32%/yr for GBIL. At a correlation of -0.05, they often move in opposite directions. GSSC charges 0.20%/yr vs 0.12%/yr for GBIL.
Performance
GSSC vs. GBIL - Performance Comparison
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Returns By Period
In the year-to-date period, GSSC achieves a 13.55% return, which is significantly higher than GBIL's 1.42% return.
GSSC
- 1D
- -1.21%
- 1M
- 3.24%
- YTD
- 13.55%
- 6M
- 13.10%
- 1Y
- 30.39%
- 3Y*
- 16.72%
- 5Y*
- 7.20%
- 10Y*
- —
GBIL
- 1D
- 0.02%
- 1M
- 0.28%
- YTD
- 1.42%
- 6M
- 1.73%
- 1Y
- 3.91%
- 3Y*
- 4.64%
- 5Y*
- 3.32%
- 10Y*
- —
GSSC vs. GBIL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GSSC Goldman Sachs ActiveBeta US Small Cap Equity ETF | 13.55% | 10.76% | 11.14% | 17.27% | -16.81% | 24.13% | 16.02% | 23.14% | -9.24% | 8.77% |
GBIL Goldman Sachs Access Treasury 0-1 Year ETF | 1.42% | 4.12% | 5.24% | 4.91% | 1.05% | -0.08% | 0.79% | 2.31% | 1.78% | 0.45% |
Correlation
The correlation between GSSC and GBIL is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.00 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2017 | -0.05 |
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Return for Risk
GSSC vs. GBIL — Risk / Return Rank
GSSC
GBIL
GSSC vs. GBIL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs ActiveBeta US Small Cap Equity ETF (GSSC) and Goldman Sachs Access Treasury 0-1 Year ETF (GBIL). 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.
| GSSC | GBIL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -15.24 | ||
| Sortino ratioReturn per unit of downside risk | -100.52 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 39.42 | -38.14 |
| Calmar ratioReturn relative to maximum drawdown | 2.89 | 196.43 | -193.54 |
| Martin ratioReturn relative to average drawdown | 9.64 | 1,608.66 | -1,599.02 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GSSC | GBIL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.65 | 16.89 | -15.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 5.78 | -5.44 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 4.87 | -4.43 |
Drawdowns
GSSC vs. GBIL - Drawdown Comparison
The maximum GSSC drawdown since its inception was -41.38%, which is greater than GBIL's maximum drawdown of -0.76%. Use the drawdown chart below to compare losses from any high point for GSSC and GBIL.
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Drawdown Indicators
| GSSC | GBIL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.38% | -0.76% | -40.62% |
Max Drawdown (1Y)Largest decline over 1 year | -10.56% | -0.02% | -10.54% |
Max Drawdown (3Y)Largest decline over 3 years | -26.05% | -0.76% | -25.29% |
Max Drawdown (5Y)Largest decline over 5 years | -27.81% | -0.76% | -27.05% |
Current DrawdownCurrent decline from peak | -1.21% | 0.00% | -1.21% |
Average DrawdownAverage peak-to-trough decline | -9.02% | -0.04% | -8.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.16% | 0.00% | +3.16% |
Volatility
GSSC vs. GBIL - Volatility Comparison
Goldman Sachs ActiveBeta US Small Cap Equity ETF (GSSC) has a higher volatility of 5.31% compared to Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) at 0.04%. This indicates that GSSC's price experiences larger fluctuations and is considered to be riskier than GBIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GSSC | GBIL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.31% | 0.04% | +5.27% |
Volatility (6M)Calculated over the trailing 6-month period | 12.82% | 0.14% | +12.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.58% | 0.23% | +18.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.26% | 0.58% | +20.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.02% | 0.47% | +22.55% |
GSSC vs. GBIL - Expense Ratio Comparison
GSSC has a 0.20% expense ratio, which is higher than GBIL's 0.12% 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%.
Dividends
GSSC vs. GBIL - Dividend Comparison
GSSC's dividend yield for the trailing twelve months is around 1.07%, less than GBIL's 3.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
GBIL Goldman Sachs Access Treasury 0-1 Year ETF | 3.74% | 4.02% | 4.93% | 4.77% | 1.37% | 0.00% | 0.81% | 2.20% | 1.70% | 0.74% | 0.11% |
GSSC Goldman Sachs ActiveBeta US Small Cap Equity ETF | 1.07% | 1.17% | 1.42% | 1.33% | 1.31% | 1.00% | 0.94% | 1.24% | 1.21% | 0.73% | 0.00% |
Frequently Asked Questions
GSSC and GBIL have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GSSC has higher volatility (5.31%) compared to GBIL (0.04%). In terms of maximum drawdown, GSSC dropped -41.38% vs GBIL's -0.76%.
On 5-year performance, GSSC leads with 7.20% vs 3.32% for GBIL. On fees, GBIL is cheaper at 0.12% per year. On volatility, GBIL has been the lower-risk option at 0.04%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, GSSC has performed better with a 7.20% return vs 3.32%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GBIL is cheaper with a 0.12% expense ratio, compared with 0.20% for GSSC.
GBIL has the higher dividend yield at 3.74%, compared with 1.07% for GSSC.
GSSC is categorized as Small Cap Growth Equities, while GBIL is Government Bonds. GSSC tracks Goldman Sachs ActiveBeta U.S. Small Cap Equity Index, while GBIL tracks FTSE US Treasury 0-1 Year Composite Select Index. Their fees differ too: 0.20% for GSSC and 0.12% for GBIL.
GBIL currently has the higher Sharpe Ratio (16.89 vs 1.65), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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