GTEK vs. GOOX

Last updated Aug 2, 2026

GTEK (Goldman Sachs Future Tech Leaders Equity ETF) and GOOX (T-Rex 2X Long Alphabet Daily Target ETF) are both exchange-traded funds - GTEK is a Technology Equities fund actively managed by Goldman Sachs, while GOOX is a Leveraged Equities fund actively managed by T-Rex. Both are actively managed. Over the past year, GTEK returned 54.17% vs 189.26% for GOOX. Their 0.47 correlation means their historical movements had little consistent relationship. GTEK charges 0.75%/yr vs 1.05%/yr for GOOX.

Performance

GTEK vs. GOOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Future Tech Leaders Equity ETF (GTEK) and T-Rex 2X Long Alphabet Daily Target ETF (GOOX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GTEK achieves a 34.87% return, which is significantly higher than GOOX's 14.32% return.

GTEK

• 1D: 2.20%
• 1M: -9.56%
• 6M: 29.82%
• YTD: 34.87%
• 1Y: 54.17%
• 3Y*: 26.54%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 6.22%

GOOX

• 1D: 14.09%
• 1M: -2.18%
• 6M: -0.73%
• YTD: 14.32%
• 1Y: 189.26%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 66.14%

*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)
GOOX T-Rex 2X Long Alphabet Daily Target ETF	$8.35M	$6.68M	$7.65M
GTEK Goldman Sachs Future Tech Leaders Equity ETF	$2.28M	$1.64M	$1.45M

GTEK vs. GOOX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
GTEK Goldman Sachs Future Tech Leaders Equity ETF	34.87%	23.68%	18.01%
GOOX T-Rex 2X Long Alphabet Daily Target ETF	14.32%	121.41%	44.31%

Correlation

The correlation between GTEK and GOOX is 0.42, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.42
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024	0.47

Return for Risk

GTEK vs. GOOX — Risk / Return Rank

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

GTEK

GTEK Risk / Return Rank: 72
GTEK Sharpe Ratio Rank: 72
GTEK Sortino Ratio Rank: 66
GTEK Omega Ratio Rank: 65
GTEK Calmar Ratio Rank: 74
GTEK Martin Ratio Rank: 80

GOOX

GOOX Risk / Return Rank: 91
GOOX Sharpe Ratio Rank: 96
GOOX Sortino Ratio Rank: 92
GOOX Omega Ratio Rank: 89
GOOX Calmar Ratio Rank: 94
GOOX Martin Ratio Rank: 85

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.

GTEK vs. GOOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Future Tech Leaders Equity ETF (GTEK) and T-Rex 2X Long Alphabet Daily Target ETF (GOOX). 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.

	GTEK	GOOX	Difference
Sharpe ratio: Return per unit of total volatility	1.64	2.84	-1.20
Sortino ratio: Return per unit of downside risk	2.18	3.39	-1.21
Omega ratio: Gain probability vs. loss probability	1.27	1.41	-0.14
Calmar ratio: Return relative to maximum drawdown	2.60	4.63	-2.03
Martin ratio: Return relative to average drawdown	10.41	11.97	-1.56

GTEK vs. GOOX - Sharpe Ratio Comparison

The current GTEK Sharpe Ratio is 1.64, which is lower than the GOOX Sharpe Ratio of 2.84. The chart below compares the historical Sharpe Ratios of GTEK and GOOX, 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

GTEK vs. GOOX - Drawdown Comparison

The maximum GTEK drawdown since its inception was -53.77%, roughly equal to the maximum GOOX drawdown of -52.46%. Use the drawdown chart below to compare losses from any high point for GTEK and GOOX.

Drawdown Indicators

	GTEK	GOOX	Difference
Max Drawdown Largest peak-to-trough decline	-53.77%	-52.46%	-1.31%
Max Drawdown (1Y) Largest decline over 1 year	-19.64%	-39.00%	+19.36%
Max Drawdown (3Y) Largest decline over 3 years	-27.49%	—	—
Current Drawdown Current decline from peak	-14.28%	-24.02%	+9.74%
Average Drawdown Average peak-to-trough decline	-26.84%	-17.47%	-9.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.91%	15.07%	-10.16%

Volatility

GTEK vs. GOOX - Volatility Comparison

The current volatility for Goldman Sachs Future Tech Leaders Equity ETF (GTEK) is 12.14%, while T-Rex 2X Long Alphabet Daily Target ETF (GOOX) has a volatility of 26.36%. This indicates that GTEK experiences smaller price fluctuations and is considered to be less risky than GOOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GTEK	GOOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.14%	26.36%	-14.22%
Volatility (6M) Calculated over the trailing 6-month period	27.35%	48.89%	-21.54%
Volatility (1Y) Calculated over the trailing 1-year period	31.18%	63.83%	-32.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.98%	61.81%	-32.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.98%	61.81%	-32.83%

GTEK vs. GOOX - Expense Ratio Comparison

GTEK has a 0.75% expense ratio, which is lower than GOOX's 1.05% expense ratio.

Dividends

GTEK vs. GOOX - Dividend Comparison

GTEK has not paid dividends to shareholders, while GOOX's dividend yield for the trailing twelve months is around 0.27%.

Position	TTM	2025	2024	2023	2022
GOOX T-Rex 2X Long Alphabet Daily Target ETF	0.27%	0.30%	16.78%	0.00%	0.00%
GTEK Goldman Sachs Future Tech Leaders Equity ETF	0.00%	0.00%	0.00%	0.26%	0.03%

Frequently Asked Questions

Can I hold both GTEK and GOOX in my portfolio?

GTEK and GOOX have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GTEK or GOOX?

GOOX has higher volatility (26.36%) compared to GTEK (12.14%). In terms of maximum drawdown, GTEK dropped -53.77% vs GOOX's -52.46%.

Which ETF is better, GTEK or GOOX?

On 1-year performance, GOOX leads with 189.26% vs 54.17% for GTEK. On fees, GTEK is cheaper at 0.75% per year. On volatility, GTEK has been the lower-risk option at 12.14%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GTEK or GOOX?

Over the 1-year period, GOOX has performed better with a 189.26% return vs 54.17%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GTEK or GOOX?

GTEK is cheaper with a 0.75% expense ratio, compared with 1.05% for GOOX.

Which ETF pays a higher dividend yield, GTEK or GOOX?

GOOX has the higher dividend yield at 0.27%, compared with 0.00% for GTEK.

What is the main difference between GTEK and GOOX?

GTEK is categorized as Technology Equities, while GOOX is Leveraged Equities. They also come from different issuers: Goldman Sachs and T-Rex. Their fees differ too: 0.75% for GTEK and 1.05% for GOOX.

Which has better risk-adjusted returns?

GOOX currently has the higher Sharpe Ratio (2.84 vs 1.64), 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.