GSWO vs. GPIQ
Compare and contrast key facts about Goldman Sachs ActiveBeta World Equity ETF (GSWO) and Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ).
GSWO and GPIQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GSWO is a passively managed fund by Goldman Sachs that tracks the performance of the Goldman Sachs ActiveBeta World Low Vol Plus Equity Index - Benchmark TR Net. It was launched on Mar 15, 2022. GPIQ is an actively managed fund by Goldman Sachs. It was launched on Oct 24, 2023.
Performance
GSWO vs. GPIQ - Performance Comparison
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GSWO vs. GPIQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
GSWO Goldman Sachs ActiveBeta World Equity ETF | -2.17% | 18.97% | 15.29% | 12.71% |
GPIQ Goldman Sachs Nasdaq-100 Core Premium Income ETF | -3.90% | 19.77% | 23.22% | 15.38% |
Returns By Period
In the year-to-date period, GSWO achieves a -2.17% return, which is significantly higher than GPIQ's -3.90% return.
GSWO
- 1D
- 2.87%
- 1M
- -5.76%
- YTD
- -2.17%
- 6M
- -0.46%
- 1Y
- 11.32%
- 3Y*
- 14.53%
- 5Y*
- —
- 10Y*
- —
GPIQ
- 1D
- 3.19%
- 1M
- -3.94%
- YTD
- -3.90%
- 6M
- -0.56%
- 1Y
- 23.26%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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GSWO vs. GPIQ - Expense Ratio Comparison
GSWO has a 0.25% expense ratio, which is lower than GPIQ's 0.29% expense ratio.
Return for Risk
GSWO vs. GPIQ — Risk / Return Rank
GSWO
GPIQ
GSWO vs. GPIQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs ActiveBeta World Equity ETF (GSWO) and Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ). 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.
| GSWO | GPIQ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.84 | 1.14 | -0.31 |
Sortino ratioReturn per unit of downside risk | 1.24 | 1.77 | -0.52 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.27 | -0.09 |
Calmar ratioReturn relative to maximum drawdown | 1.24 | 1.92 | -0.68 |
Martin ratioReturn relative to average drawdown | 5.62 | 8.84 | -3.23 |
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
| GSWO | GPIQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.84 | 1.14 | -0.31 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.77 | 1.28 | -0.51 |
Correlation
The correlation between GSWO and GPIQ is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
GSWO vs. GPIQ - Dividend Comparison
GSWO's dividend yield for the trailing twelve months is around 1.83%, less than GPIQ's 10.68% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
GSWO Goldman Sachs ActiveBeta World Equity ETF | 1.83% | 1.74% | 1.75% | 2.06% | 1.73% |
GPIQ Goldman Sachs Nasdaq-100 Core Premium Income ETF | 10.68% | 9.81% | 9.18% | 1.74% | 0.00% |
Drawdowns
GSWO vs. GPIQ - Drawdown Comparison
The maximum GSWO drawdown since its inception was -17.77%, smaller than the maximum GPIQ drawdown of -21.06%. Use the drawdown chart below to compare losses from any high point for GSWO and GPIQ.
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Drawdown Indicators
| GSWO | GPIQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.77% | -21.06% | +3.29% |
Max Drawdown (1Y)Largest decline over 1 year | -9.50% | -12.08% | +2.58% |
Current DrawdownCurrent decline from peak | -6.31% | -6.63% | +0.32% |
Average DrawdownAverage peak-to-trough decline | -3.35% | -2.37% | -0.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.10% | 2.62% | -0.52% |
Volatility
GSWO vs. GPIQ - Volatility Comparison
The current volatility for Goldman Sachs ActiveBeta World Equity ETF (GSWO) is 5.76%, while Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ) has a volatility of 6.08%. This indicates that GSWO experiences smaller price fluctuations and is considered to be less risky than GPIQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GSWO | GPIQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.76% | 6.08% | -0.32% |
Volatility (6M)Calculated over the trailing 6-month period | 8.20% | 11.17% | -2.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.60% | 20.42% | -6.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.98% | 17.74% | -4.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.98% | 17.74% | -4.76% |