GTEK vs. MOON

Last updated Jun 24, 2026

GTEK (Goldman Sachs Future Tech Leaders Equity ETF) and MOON (Direxion Moonshot Innovators ETF) are both Technology Equities funds. GTEK is actively managed, while MOON is passively managed. A 0.60 correlation means they provide meaningful diversification when combined. GTEK charges 0.75%/yr vs 0.65%/yr for MOON.

Performance

GTEK vs. MOON - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Future Tech Leaders Equity ETF (GTEK) and Direxion Moonshot Innovators ETF (MOON). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GTEK

• 1D: -3.92%
• 1M: 6.91%
• YTD: 50.51%
• 6M: 50.29%
• 1Y: 74.39%
• 3Y*: 34.34%
• 5Y*: —
• 10Y*: —

MOON

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GTEK vs. MOON - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
GTEK Goldman Sachs Future Tech Leaders Equity ETF	50.51%	23.68%	15.94%	33.58%	-46.73%	-2.50%
MOON Direxion Moonshot Innovators ETF	0.00%	0.00%	-8.56%	9.85%	-61.07%	-19.00%

Correlation

The correlation between GTEK and MOON is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (All Time) Calculated using the full available price history since Sep 16, 2021	0.60

The correlation between GTEK and MOON shifts across timeframes, from 0.33 (3 years) to 0.60 (all time), reflecting how their relationship changes across market environments.

GTEK vs. MOON - Sectors Allocation Comparison

Sectors	GTEK	MOON
Technology	75.2%	42.4%
Industrials	7.8%	7.5%
Communication Services	4.0%	9.3%
Consumer Cyclical	3.7%	11.9%
Basic Materials	3.4%	1.2%
Real Estate	2.6%	-
Financial Services	1.3%	4.2%
Healthcare	1.2%	23.5%
Consumer Defensive	-	-
Energy	-	-
Utilities	-	-

Return for Risk

GTEK vs. MOON — Risk / Return Rank

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

GTEK

GTEK Risk / Return Rank: 85
GTEK Sharpe Ratio Rank: 86
GTEK Sortino Ratio Rank: 77
GTEK Omega Ratio Rank: 77
GTEK Calmar Ratio Rank: 94
GTEK Martin Ratio Rank: 92

MOON

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.

GTEK vs. MOON - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Future Tech Leaders Equity ETF (GTEK) and Direxion Moonshot Innovators ETF (MOON). 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	MOON	Difference
Sharpe ratio: Return per unit of total volatility	2.61	—	—
Sortino ratio: Return per unit of downside risk	3.18	—	—
Omega ratio: Gain probability vs. loss probability	1.42	—	—
Calmar ratio: Return relative to maximum drawdown	6.72	—	—
Martin ratio: Return relative to average drawdown	20.78	—	—

Drawdowns

Drawdown Indicators

	GTEK	MOON	Difference
Max Drawdown Largest peak-to-trough decline	-53.77%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-11.13%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-27.49%	—	—
Current Drawdown Current decline from peak	-3.92%	—	—
Average Drawdown Average peak-to-trough decline	-27.23%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.59%	—	—

Volatility

Volatility by Period

	GTEK	MOON	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.16%	—	—
Volatility (6M) Calculated over the trailing 6-month period	24.72%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	28.63%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.70%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.70%	—	—

GTEK vs. MOON - Expense Ratio Comparison

GTEK has a 0.75% expense ratio, which is higher than MOON's 0.65% expense ratio.

Dividends

GTEK vs. MOON - Dividend Comparison

Neither GTEK nor MOON has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
GTEK Goldman Sachs Future Tech Leaders Equity ETF	0.00%	0.00%	0.00%	0.26%	0.03%	0.00%
MOON Direxion Moonshot Innovators ETF	0.00%	0.00%	0.62%	1.41%	0.00%	1.64%

Frequently Asked Questions

Can I hold both GTEK and MOON in my portfolio?

GTEK and MOON have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GTEK or MOON?

On fees, MOON is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GTEK or MOON?

MOON is cheaper with a 0.65% expense ratio, compared with 0.75% for GTEK.

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

GTEK and MOON have nearly identical dividend yields, around 0.00%.

What is the main difference between GTEK and MOON?

They also come from different issuers: Goldman Sachs and Direxion. Their fees differ too: 0.75% for GTEK and 0.65% for MOON.