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GSSC vs. SCHA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GSSC and SCHA is 0.96, 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.


-0.50.00.51.01.0

Performance

GSSC vs. SCHA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs ActiveBeta US Small Cap Equity ETF (GSSC) and Schwab U.S. Small-Cap ETF (SCHA). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
12.70%
11.71%
GSSC
SCHA

Key characteristics

Sharpe Ratio

GSSC:

0.58

SCHA:

0.65

Sortino Ratio

GSSC:

0.96

SCHA:

1.02

Omega Ratio

GSSC:

1.12

SCHA:

1.12

Calmar Ratio

GSSC:

0.99

SCHA:

0.85

Martin Ratio

GSSC:

3.03

SCHA:

3.44

Ulcer Index

GSSC:

3.92%

SCHA:

3.62%

Daily Std Dev

GSSC:

20.66%

SCHA:

19.19%

Max Drawdown

GSSC:

-41.38%

SCHA:

-42.41%

Current Drawdown

GSSC:

-7.81%

SCHA:

-7.73%

Returns By Period

The year-to-date returns for both stocks are quite close, with GSSC having a 12.26% return and SCHA slightly lower at 11.89%.


GSSC

YTD

12.26%

1M

-6.44%

6M

12.70%

1Y

11.88%

5Y*

9.42%

10Y*

N/A

SCHA

YTD

11.89%

1M

-6.21%

6M

11.19%

1Y

11.58%

5Y*

8.51%

10Y*

8.75%

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. SCHA - Expense Ratio Comparison

GSSC has a 0.20% expense ratio, which is higher than SCHA's 0.04% 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%.


GSSC
Goldman Sachs ActiveBeta US Small Cap Equity ETF
Expense ratio chart for GSSC: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%
Expense ratio chart for SCHA: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

GSSC vs. SCHA - 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 U.S. Small-Cap ETF (SCHA). 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.


Sharpe ratio
The chart of Sharpe ratio for GSSC, currently valued at 0.58, compared to the broader market0.002.004.000.580.60
The chart of Sortino ratio for GSSC, currently valued at 0.96, compared to the broader market-2.000.002.004.006.008.0010.000.960.97
The chart of Omega ratio for GSSC, currently valued at 1.12, compared to the broader market0.501.001.502.002.503.001.121.12
The chart of Calmar ratio for GSSC, currently valued at 0.99, compared to the broader market0.005.0010.0015.000.990.80
The chart of Martin ratio for GSSC, currently valued at 3.03, compared to the broader market0.0020.0040.0060.0080.00100.003.033.17
GSSC
SCHA

The current GSSC Sharpe Ratio is 0.58, which is comparable to the SCHA Sharpe Ratio of 0.65. The chart below compares the historical Sharpe Ratios of GSSC and SCHA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.58
0.60
GSSC
SCHA

Dividends

GSSC vs. SCHA - Dividend Comparison

GSSC's dividend yield for the trailing twelve months is around 1.85%, less than SCHA's 2.36% yield.


TTM20232022202120202019201820172016201520142013
GSSC
Goldman Sachs ActiveBeta US Small Cap Equity ETF
1.85%1.33%1.31%1.01%0.78%1.24%1.21%0.73%0.00%0.00%0.00%0.00%
SCHA
Schwab U.S. Small-Cap ETF
2.36%2.07%2.05%1.91%1.44%2.11%2.31%1.24%2.70%2.17%1.83%2.00%

Drawdowns

GSSC vs. SCHA - Drawdown Comparison

The maximum GSSC drawdown since its inception was -41.38%, roughly equal to the maximum SCHA drawdown of -42.41%. Use the drawdown chart below to compare losses from any high point for GSSC and SCHA. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.81%
-7.73%
GSSC
SCHA

Volatility

GSSC vs. SCHA - Volatility Comparison

Goldman Sachs ActiveBeta US Small Cap Equity ETF (GSSC) has a higher volatility of 5.88% compared to Schwab U.S. Small-Cap ETF (SCHA) at 5.38%. This indicates that GSSC's price experiences larger fluctuations and is considered to be riskier than SCHA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
5.88%
5.38%
GSSC
SCHA
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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