Correlation
The correlation between GSST and GBIL is -0.04. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
GSST vs. GBIL
Compare and contrast key facts about Goldman Sachs Access Ultra Short Bond ETF (GSST) and Goldman Sachs Access Treasury 0-1 Year ETF (GBIL).
GSST and GBIL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GSST is an actively managed fund by Goldman Sachs. It was launched on Apr 15, 2019. GBIL is a passively managed fund by Goldman Sachs that tracks the performance of the FTSE US Treasury 0-1 Year Composite Select Index. It was launched on Sep 6, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GSST or GBIL.
Performance
GSST vs. GBIL - Performance Comparison
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Key characteristics
GSST:
7.63
GBIL:
15.85
GSST:
14.62
GBIL:
55.22
GSST:
3.85
GBIL:
19.26
GSST:
23.10
GBIL:
69.49
GSST:
151.61
GBIL:
705.09
GSST:
0.04%
GBIL:
0.01%
GSST:
0.76%
GBIL:
0.31%
GSST:
-3.51%
GBIL:
-0.76%
GSST:
0.00%
GBIL:
0.00%
Returns By Period
In the year-to-date period, GSST achieves a 2.06% return, which is significantly higher than GBIL's 1.61% return.
GSST
2.06%
0.34%
2.46%
5.74%
4.98%
3.10%
N/A
GBIL
1.61%
0.33%
2.10%
4.81%
4.28%
2.52%
N/A
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GSST vs. GBIL - Expense Ratio Comparison
GSST has a 0.16% 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%.
Risk-Adjusted Performance
GSST vs. GBIL — Risk-Adjusted Performance Rank
GSST
GBIL
GSST vs. GBIL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Access Ultra Short Bond ETF (GSST) 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.
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Dividends
GSST vs. GBIL - Dividend Comparison
GSST's dividend yield for the trailing twelve months is around 5.22%, more than GBIL's 4.61% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
GSST Goldman Sachs Access Ultra Short Bond ETF | 5.22% | 5.45% | 4.98% | 1.97% | 0.71% | 1.12% | 1.66% | 0.00% | 0.00% | 0.00% |
GBIL Goldman Sachs Access Treasury 0-1 Year ETF | 4.61% | 4.93% | 4.77% | 1.37% | 0.00% | 0.81% | 2.20% | 1.70% | 0.74% | 0.11% |
Drawdowns
GSST vs. GBIL - Drawdown Comparison
The maximum GSST drawdown since its inception was -3.51%, which is greater than GBIL's maximum drawdown of -0.76%. Use the drawdown chart below to compare losses from any high point for GSST and GBIL.
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Volatility
GSST vs. GBIL - Volatility Comparison
Goldman Sachs Access Ultra Short Bond ETF (GSST) has a higher volatility of 0.23% compared to Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) at 0.06%. This indicates that GSST'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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