GSST vs. NEAR
Compare and contrast key facts about Goldman Sachs Access Ultra Short Bond ETF (GSST) and iShares Short Maturity Bond ETF (NEAR).
GSST and NEAR 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. NEAR is an actively managed fund by iShares. It was launched on Sep 25, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GSST or NEAR.
Correlation
The correlation between GSST and NEAR is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GSST vs. NEAR - Performance Comparison
Key characteristics
GSST:
11.16
NEAR:
3.38
GSST:
29.87
NEAR:
5.05
GSST:
6.50
NEAR:
1.71
GSST:
68.71
NEAR:
7.27
GSST:
341.52
NEAR:
21.09
GSST:
0.02%
NEAR:
0.26%
GSST:
0.55%
NEAR:
1.65%
GSST:
-3.51%
NEAR:
-9.61%
GSST:
-0.01%
NEAR:
-0.04%
Returns By Period
In the year-to-date period, GSST achieves a 0.82% return, which is significantly higher than NEAR's 0.55% return.
GSST
0.82%
0.49%
2.70%
6.08%
2.83%
N/A
NEAR
0.55%
0.43%
1.88%
5.54%
2.92%
2.37%
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GSST vs. NEAR - Expense Ratio Comparison
GSST has a 0.16% expense ratio, which is lower than NEAR'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
GSST vs. NEAR — Risk-Adjusted Performance Rank
GSST
NEAR
GSST vs. NEAR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Access Ultra Short Bond ETF (GSST) and iShares Short Maturity Bond ETF (NEAR). 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
GSST vs. NEAR - Dividend Comparison
GSST's dividend yield for the trailing twelve months is around 5.39%, more than NEAR's 4.97% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSST Goldman Sachs Access Ultra Short Bond ETF | 5.39% | 5.45% | 4.98% | 1.97% | 0.71% | 1.12% | 1.66% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NEAR iShares Short Maturity Bond ETF | 4.97% | 5.00% | 4.59% | 1.78% | 0.76% | 1.53% | 2.69% | 2.25% | 1.52% | 1.07% | 0.85% | 0.85% |
Drawdowns
GSST vs. NEAR - Drawdown Comparison
The maximum GSST drawdown since its inception was -3.51%, smaller than the maximum NEAR drawdown of -9.61%. Use the drawdown chart below to compare losses from any high point for GSST and NEAR. For additional features, visit the drawdowns tool.
Volatility
GSST vs. NEAR - Volatility Comparison
The current volatility for Goldman Sachs Access Ultra Short Bond ETF (GSST) is 0.20%, while iShares Short Maturity Bond ETF (NEAR) has a volatility of 0.37%. This indicates that GSST experiences smaller price fluctuations and is considered to be less risky than NEAR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.