GTEK vs. SWLGX
Compare and contrast key facts about Goldman Sachs Future Tech Leaders Equity ETF (GTEK) and Schwab U.S. Large-Cap Growth Index Fund (SWLGX).
GTEK is an actively managed fund by Goldman Sachs. It was launched on Sep 14, 2021. SWLGX is a passively managed fund by Charles Schwab that tracks the performance of the Russell 1000 Growth Index. It was launched on Dec 20, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GTEK or SWLGX.
Correlation
The correlation between GTEK and SWLGX is 0.88, 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.
Performance
GTEK vs. SWLGX - Performance Comparison
Key characteristics
GTEK:
1.12
SWLGX:
1.55
GTEK:
1.56
SWLGX:
2.08
GTEK:
1.20
SWLGX:
1.28
GTEK:
0.62
SWLGX:
2.12
GTEK:
5.15
SWLGX:
7.96
GTEK:
4.66%
SWLGX:
3.49%
GTEK:
21.47%
SWLGX:
17.87%
GTEK:
-53.77%
SWLGX:
-33.28%
GTEK:
-17.73%
SWLGX:
-2.41%
Returns By Period
In the year-to-date period, GTEK achieves a 7.45% return, which is significantly higher than SWLGX's 1.70% return.
GTEK
7.45%
5.50%
26.23%
21.19%
N/A
N/A
SWLGX
1.70%
0.91%
18.50%
25.92%
17.69%
N/A
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GTEK vs. SWLGX - Expense Ratio Comparison
GTEK has a 0.75% expense ratio, which is higher than SWLGX's 0.04% expense ratio.
Risk-Adjusted Performance
GTEK vs. SWLGX — Risk-Adjusted Performance Rank
GTEK
SWLGX
GTEK vs. SWLGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Future Tech Leaders Equity ETF (GTEK) and Schwab U.S. Large-Cap Growth Index Fund (SWLGX). 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.
Dividends
GTEK vs. SWLGX - Dividend Comparison
GTEK has not paid dividends to shareholders, while SWLGX's dividend yield for the trailing twelve months is around 0.51%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
GTEK Goldman Sachs Future Tech Leaders Equity ETF | 0.00% | 0.00% | 0.25% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% |
SWLGX Schwab U.S. Large-Cap Growth Index Fund | 0.51% | 0.52% | 0.67% | 0.93% | 0.57% | 0.67% | 0.96% | 1.03% |
Drawdowns
GTEK vs. SWLGX - Drawdown Comparison
The maximum GTEK drawdown since its inception was -53.77%, which is greater than SWLGX's maximum drawdown of -33.28%. Use the drawdown chart below to compare losses from any high point for GTEK and SWLGX. For additional features, visit the drawdowns tool.
Volatility
GTEK vs. SWLGX - Volatility Comparison
Goldman Sachs Future Tech Leaders Equity ETF (GTEK) and Schwab U.S. Large-Cap Growth Index Fund (SWLGX) have volatilities of 5.96% and 5.79%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.