GSWO vs. POW

Last updated Jul 14, 2026

GSWO (Goldman Sachs ActiveBeta World Equity ETF) and POW (VistaShares Electrification Supercycle ETF) are both exchange-traded funds - GSWO is a Global Equities fund tracking the Goldman Sachs ActiveBeta World Low Vol Plus Equity Index - Benchmark TR Net, while POW is a Actively Managed fund actively managed by VistaShares. GSWO is passively managed, while POW is actively managed. A 0.63 correlation means they provide meaningful diversification when combined. GSWO charges 0.25%/yr vs 0.75%/yr for POW.

Performance

GSWO vs. POW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs ActiveBeta World Equity ETF (GSWO) and VistaShares Electrification Supercycle ETF (POW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GSWO achieves a 10.96% return, which is significantly lower than POW's 38.93% return.

GSWO

• 1D: -0.77%
• 1M: 1.11%
• 6M: 9.70%
• YTD: 10.96%
• 1Y: 18.56%
• 3Y*: 17.29%
• 5Y*: —
• 10Y*: —

POW

• 1D: -3.60%
• 1M: -8.76%
• 6M: 31.71%
• YTD: 38.93%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GSWO vs. POW - Yearly Performance Comparison

	2026 (YTD)	2025
GSWO Goldman Sachs ActiveBeta World Equity ETF	10.96%	1.27%
POW VistaShares Electrification Supercycle ETF	38.93%	-1.70%

Correlation

The correlation between GSWO and POW is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 28, 2025	0.63

Return for Risk

GSWO vs. POW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GSWO

GSWO Risk / Return Rank: 61
GSWO Sharpe Ratio Rank: 61
GSWO Sortino Ratio Rank: 62
GSWO Omega Ratio Rank: 62
GSWO Calmar Ratio Rank: 52
GSWO Martin Ratio Rank: 67

POW

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GSWO vs. POW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs ActiveBeta World Equity ETF (GSWO) and VistaShares Electrification Supercycle ETF (POW). 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.

	GSWO	POW	Difference
Sharpe ratio: Return per unit of total volatility	1.61	—	—
Sortino ratio: Return per unit of downside risk	2.32	—	—
Omega ratio: Gain probability vs. loss probability	1.30	—	—
Calmar ratio: Return relative to maximum drawdown	2.09	—	—
Martin ratio: Return relative to average drawdown	9.59	—	—

Drawdowns

GSWO vs. POW - Drawdown Comparison

The maximum GSWO drawdown since its inception was -17.77%, roughly equal to the maximum POW drawdown of -18.37%. Use the drawdown chart below to compare losses from any high point for GSWO and POW.

Drawdown Indicators

	GSWO	POW	Difference
Max Drawdown Largest peak-to-trough decline	-17.77%	-18.37%	+0.60%
Max Drawdown (1Y) Largest decline over 1 year	-8.93%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-9.97%	—	—
Current Drawdown Current decline from peak	-0.77%	-18.37%	+17.60%
Average Drawdown Average peak-to-trough decline	-3.21%	-4.33%	+1.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.94%	—	—

Volatility

Volatility by Period

	GSWO	POW	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.00%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.24%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.59%	32.94%	-21.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.03%	32.94%	-19.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.03%	32.94%	-19.91%

GSWO vs. POW - Expense Ratio Comparison

GSWO has a 0.25% expense ratio, which is lower than POW's 0.75% expense ratio.

Dividends

GSWO vs. POW - Dividend Comparison

GSWO's dividend yield for the trailing twelve months is around 1.53%, more than POW's 0.14% yield.

Position	TTM	2025	2024	2023	2022
GSWO Goldman Sachs ActiveBeta World Equity ETF	1.53%	1.74%	1.75%	2.06%	1.73%
POW VistaShares Electrification Supercycle ETF	0.14%	0.19%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GSWO and POW in my portfolio?

GSWO and POW have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GSWO or POW?

On fees, GSWO is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GSWO or POW?

GSWO is cheaper with a 0.25% expense ratio, compared with 0.75% for POW.

Which ETF pays a higher dividend yield, GSWO or POW?

GSWO has the higher dividend yield at 1.53%, compared with 0.14% for POW.

What is the main difference between GSWO and POW?

GSWO is categorized as Global Equities, while POW is Actively Managed. They also come from different issuers: Goldman Sachs and VistaShares. Their fees differ too: 0.25% for GSWO and 0.75% for POW.