GSUS vs. SWPPX
Compare and contrast key facts about Goldman Sachs MarketBeta U.S. Equity ETF (GSUS) and Schwab S&P 500 Index Fund (SWPPX).
GSUS is a passively managed fund by Goldman Sachs that tracks the performance of the Solactive GBS United States Large & Mid Cap Index. It was launched on May 12, 2020. SWPPX is a passively managed fund by Charles Schwab that tracks the performance of the S&P 500 Index. It was launched on May 19, 1997. Both GSUS and SWPPX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
GSUS vs. SWPPX - Performance Comparison
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GSUS vs. SWPPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
GSUS Goldman Sachs MarketBeta U.S. Equity ETF | -4.81% | 18.11% | 25.25% | 27.74% | -19.82% | 27.13% | 34.82% |
SWPPX Schwab S&P 500 Index Fund | -7.07% | 17.87% | 24.96% | 26.26% | -18.14% | 28.67% | 32.56% |
Returns By Period
In the year-to-date period, GSUS achieves a -4.81% return, which is significantly higher than SWPPX's -7.07% return.
GSUS
- 1D
- 2.95%
- 1M
- -4.96%
- YTD
- -4.81%
- 6M
- -2.48%
- 1Y
- 17.83%
- 3Y*
- 18.54%
- 5Y*
- 11.43%
- 10Y*
- —
SWPPX
- 1D
- -0.37%
- 1M
- -7.65%
- YTD
- -7.07%
- 6M
- -4.58%
- 1Y
- 14.43%
- 3Y*
- 17.15%
- 5Y*
- 11.39%
- 10Y*
- 13.71%
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GSUS vs. SWPPX - Expense Ratio Comparison
GSUS has a 0.07% expense ratio, which is higher than SWPPX's 0.02% 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%.
Return for Risk
GSUS vs. SWPPX — Risk / Return Rank
GSUS
SWPPX
GSUS vs. SWPPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs MarketBeta U.S. Equity ETF (GSUS) and Schwab S&P 500 Index Fund (SWPPX). 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.
| GSUS | SWPPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.97 | 0.84 | +0.13 |
Sortino ratioReturn per unit of downside risk | 1.49 | 1.30 | +0.19 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.20 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.53 | 1.06 | +0.47 |
Martin ratioReturn relative to average drawdown | 7.09 | 5.14 | +1.95 |
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
| GSUS | SWPPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.97 | 0.84 | +0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.67 | 0.68 | 0.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.76 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.97 | 0.48 | +0.49 |
Correlation
The correlation between GSUS and SWPPX is 0.98, 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.
Dividends
GSUS vs. SWPPX - Dividend Comparison
GSUS's dividend yield for the trailing twelve months is around 1.14%, less than SWPPX's 1.19% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSUS Goldman Sachs MarketBeta U.S. Equity ETF | 1.14% | 1.04% | 1.19% | 1.32% | 1.51% | 1.13% | 0.78% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SWPPX Schwab S&P 500 Index Fund | 1.19% | 1.11% | 1.23% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.67% | 1.79% | 2.55% | 3.17% |
Drawdowns
GSUS vs. SWPPX - Drawdown Comparison
The maximum GSUS drawdown since its inception was -25.62%, smaller than the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for GSUS and SWPPX.
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Drawdown Indicators
| GSUS | SWPPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.62% | -55.06% | +29.44% |
Max Drawdown (1Y)Largest decline over 1 year | -12.06% | -12.10% | +0.04% |
Max Drawdown (5Y)Largest decline over 5 years | -25.62% | -24.51% | -1.11% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.80% | — |
Current DrawdownCurrent decline from peak | -6.56% | -8.89% | +2.33% |
Average DrawdownAverage peak-to-trough decline | -5.40% | -10.00% | +4.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.60% | 2.49% | +0.11% |
Volatility
GSUS vs. SWPPX - Volatility Comparison
Goldman Sachs MarketBeta U.S. Equity ETF (GSUS) has a higher volatility of 5.33% compared to Schwab S&P 500 Index Fund (SWPPX) at 4.29%. This indicates that GSUS's price experiences larger fluctuations and is considered to be riskier than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GSUS | SWPPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.33% | 4.29% | +1.04% |
Volatility (6M)Calculated over the trailing 6-month period | 9.61% | 9.11% | +0.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.45% | 18.14% | +0.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.07% | 16.89% | +0.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.20% | 18.19% | -0.99% |