GSUS vs. FTCS

Last updated Aug 5, 2026

GSUS (Goldman Sachs MarketBeta U.S. Equity ETF) and FTCS (First Trust Capital Strength ETF) are both exchange-traded funds - GSUS is a Large Cap Growth Equities fund tracking the Solactive GBS United States Large & Mid Cap Index, while FTCS is a Large Cap Blend Equities fund tracking the The Capital Strength Index. Both are passively managed. Over the past 5 years, GSUS returned 12.97%/yr vs 6.32%/yr for FTCS. Their 0.73 correlation means they have sometimes moved together and sometimes differently. GSUS charges 0.07%/yr vs 0.53%/yr for FTCS.

Performance

GSUS vs. FTCS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs MarketBeta U.S. Equity ETF (GSUS) and First Trust Capital Strength ETF (FTCS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GSUS achieves a 13.45% return, which is significantly higher than FTCS's 8.52% return.

GSUS

• 1D: 1.78%
• 1M: 3.46%
• 6M: 12.63%
• YTD: 13.45%
• 1Y: 23.24%
• 3Y*: 21.79%
• 5Y*: 12.97%
• 10Y*: —
• ALL TIME*: 18.97%

FTCS

• 1D: 0.78%
• 1M: 2.71%
• 6M: 3.02%
• YTD: 8.52%
• 1Y: 10.05%
• 3Y*: 11.16%
• 5Y*: 6.32%
• 10Y*: 10.72%
• ALL TIME*: 9.94%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FTCS First Trust Capital Strength ETF	$54.34M	$52.61M	$63.63M
GSUS Goldman Sachs MarketBeta U.S. Equity ETF	$4.76M	$7.99M	$8.97M

GSUS vs. FTCS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
GSUS Goldman Sachs MarketBeta U.S. Equity ETF	13.45%	18.11%	25.25%	27.74%	-19.82%	27.13%	34.82%
FTCS First Trust Capital Strength ETF	8.52%	6.46%	11.19%	8.48%	-10.22%	26.75%	23.81%

Correlation

The correlation between GSUS and FTCS is 0.32, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.32
Correlation (3Y) Balances recent behavior with more history.	0.56
Correlation (5Y) Shows whether the relationship held over a longer period.	0.70
Correlation (All Time) Calculated using the full available price history since May 15, 2020	0.73

Over the past year, the correlation between GSUS and FTCS has dropped to 0.32 - well below their long-term average of 0.73, suggesting their price drivers have been diverging.

GSUS vs. FTCS - Sectors Allocation Comparison

Sectors	GSUS	FTCS
Technology	38.6%	13.0%
Financial Services	11.4%	20.5%
Communication Services	10.4%	2.1%
Consumer Cyclical	9.7%	7.8%
Healthcare	9.0%	18.7%
Industrials	8.2%	19.5%
Consumer Defensive	4.5%	14.3%
Energy	3.0%	2.0%
Utilities	2.0%	-
Basic Materials	1.6%	2.1%
Real Estate	1.6%	-

Return for Risk

GSUS vs. FTCS — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GSUS

GSUS Risk / Return Rank: 68
GSUS Sharpe Ratio Rank: 69
GSUS Sortino Ratio Rank: 67
GSUS Omega Ratio Rank: 67
GSUS Calmar Ratio Rank: 64
GSUS Martin Ratio Rank: 75

FTCS

FTCS Risk / Return Rank: 34
FTCS Sharpe Ratio Rank: 35
FTCS Sortino Ratio Rank: 36
FTCS Omega Ratio Rank: 32
FTCS Calmar Ratio Rank: 34
FTCS Martin Ratio Rank: 30

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GSUS vs. FTCS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs MarketBeta U.S. Equity ETF (GSUS) and First Trust Capital Strength ETF (FTCS). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GSUS	FTCS	Difference
Sharpe ratio: Return per unit of total volatility	1.79	0.96	+0.83
Sortino ratio: Return per unit of downside risk	2.47	1.52	+0.95
Omega ratio: Gain probability vs. loss probability	1.32	1.17	+0.15
Calmar ratio: Return relative to maximum drawdown	2.53	1.30	+1.22
Martin ratio: Return relative to average drawdown	10.58	2.90	+7.69

GSUS vs. FTCS - Sharpe Ratio Comparison

The current GSUS Sharpe Ratio is 1.79, which is higher than the FTCS Sharpe Ratio of 0.96. The chart below compares the historical Sharpe Ratios of GSUS and FTCS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GSUS vs. FTCS - Drawdown Comparison

The maximum GSUS drawdown since its inception was -25.62%, smaller than the maximum FTCS drawdown of -53.64%. Use the drawdown chart below to compare losses from any high point for GSUS and FTCS.

Drawdown Indicators

	GSUS	FTCS	Difference
Max Drawdown Largest peak-to-trough decline	-25.62%	-53.64%	+28.02%
Max Drawdown (1Y) Largest decline over 1 year	-9.24%	-7.74%	-1.50%
Max Drawdown (3Y) Largest decline over 3 years	-19.07%	-12.62%	-6.45%
Max Drawdown (5Y) Largest decline over 5 years	-25.62%	-20.93%	-4.69%
Max Drawdown (10Y) Largest decline over 10 years	—	-31.93%	—
Current Drawdown Current decline from peak	0.00%	-0.65%	+0.65%
Average Drawdown Average peak-to-trough decline	-5.18%	-6.89%	+1.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.20%	3.48%	-1.28%

Volatility

GSUS vs. FTCS - Volatility Comparison

Goldman Sachs MarketBeta U.S. Equity ETF (GSUS) and First Trust Capital Strength ETF (FTCS) have volatilities of 4.18% and 4.11%, 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.

Volatility by Period

	GSUS	FTCS	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.18%	4.11%	+0.07%
Volatility (6M) Calculated over the trailing 6-month period	10.47%	8.14%	+2.33%
Volatility (1Y) Calculated over the trailing 1-year period	13.11%	10.56%	+2.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.20%	13.25%	+3.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.03%	15.56%	+1.47%

GSUS vs. FTCS - Expense Ratio Comparison

GSUS has a 0.07% expense ratio, which is lower than FTCS's 0.53% expense ratio.

Dividends

GSUS vs. FTCS - Dividend Comparison

GSUS's dividend yield for the trailing twelve months is around 0.96%, less than FTCS's 1.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTCS First Trust Capital Strength ETF	1.07%	1.04%	1.33%	1.47%	1.23%	1.06%	0.93%	1.26%	1.26%	1.15%	1.43%	1.50%
GSUS Goldman Sachs MarketBeta U.S. Equity ETF	0.96%	1.04%	1.19%	1.32%	1.51%	1.13%	0.78%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GSUS and FTCS in my portfolio?

GSUS and FTCS have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GSUS or FTCS?

GSUS has higher volatility (4.18%) compared to FTCS (4.11%). In terms of maximum drawdown, GSUS dropped -25.62% vs FTCS's -53.64%.

Which ETF is better, GSUS or FTCS?

On 5-year performance, GSUS leads with 12.97% vs 6.32% for FTCS. On fees, GSUS is cheaper at 0.07% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GSUS or FTCS?

Over the 5-year period, GSUS has performed better with a 12.97% return vs 6.32%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GSUS or FTCS?

GSUS is cheaper with a 0.07% expense ratio, compared with 0.53% for FTCS.

Which ETF pays a higher dividend yield, GSUS or FTCS?

FTCS has the higher dividend yield at 1.07%, compared with 0.96% for GSUS.

What is the main difference between GSUS and FTCS?

GSUS is categorized as Large Cap Growth Equities, while FTCS is Large Cap Blend Equities. GSUS tracks Solactive GBS United States Large & Mid Cap Index, while FTCS tracks The Capital Strength Index. They also come from different issuers: Goldman Sachs and First Trust. Their fees differ too: 0.07% for GSUS and 0.53% for FTCS.

Which has better risk-adjusted returns?

GSUS currently has the higher Sharpe Ratio (1.79 vs 0.96), 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.