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GTIP vs. FPEI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GTIP and FPEI is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.2

Performance

GTIP vs. FPEI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Access Inflation Protected USD Bond ETF (GTIP) and First Trust Institutional Preferred Securities & Income ETF (FPEI). The values are adjusted to include any dividend payments, if applicable.

-1.00%0.00%1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
0.42%
4.68%
GTIP
FPEI

Key characteristics

Sharpe Ratio

GTIP:

0.35

FPEI:

3.22

Sortino Ratio

GTIP:

0.50

FPEI:

4.85

Omega Ratio

GTIP:

1.06

FPEI:

1.68

Calmar Ratio

GTIP:

0.14

FPEI:

2.82

Martin Ratio

GTIP:

1.18

FPEI:

21.23

Ulcer Index

GTIP:

1.31%

FPEI:

0.52%

Daily Std Dev

GTIP:

4.46%

FPEI:

3.39%

Max Drawdown

GTIP:

-14.31%

FPEI:

-27.51%

Current Drawdown

GTIP:

-7.63%

FPEI:

-0.87%

Returns By Period

In the year-to-date period, GTIP achieves a 1.78% return, which is significantly lower than FPEI's 10.77% return.


GTIP

YTD

1.78%

1M

-0.98%

6M

0.56%

1Y

1.74%

5Y*

1.75%

10Y*

N/A

FPEI

YTD

10.77%

1M

0.19%

6M

4.74%

1Y

10.59%

5Y*

3.90%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


GTIP vs. FPEI - Expense Ratio Comparison

GTIP has a 0.12% expense ratio, which is lower than FPEI's 0.85% expense ratio.


FPEI
First Trust Institutional Preferred Securities & Income ETF
Expense ratio chart for FPEI: current value at 0.85% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.85%
Expense ratio chart for GTIP: current value at 0.12% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.12%

Risk-Adjusted Performance

GTIP vs. FPEI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Access Inflation Protected USD Bond ETF (GTIP) and First Trust Institutional Preferred Securities & Income ETF (FPEI). 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.


Sharpe ratio
The chart of Sharpe ratio for GTIP, currently valued at 0.35, compared to the broader market0.002.004.000.353.22
The chart of Sortino ratio for GTIP, currently valued at 0.50, compared to the broader market-2.000.002.004.006.008.0010.000.504.85
The chart of Omega ratio for GTIP, currently valued at 1.06, compared to the broader market0.501.001.502.002.503.001.061.68
The chart of Calmar ratio for GTIP, currently valued at 0.14, compared to the broader market0.005.0010.0015.000.142.82
The chart of Martin ratio for GTIP, currently valued at 1.18, compared to the broader market0.0020.0040.0060.0080.00100.001.1821.23
GTIP
FPEI

The current GTIP Sharpe Ratio is 0.35, which is lower than the FPEI Sharpe Ratio of 3.22. The chart below compares the historical Sharpe Ratios of GTIP and FPEI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.005.00JulyAugustSeptemberOctoberNovemberDecember
0.35
3.22
GTIP
FPEI

Dividends

GTIP vs. FPEI - Dividend Comparison

GTIP's dividend yield for the trailing twelve months is around 3.28%, less than FPEI's 5.57% yield.


TTM2023202220212020201920182017
GTIP
Goldman Sachs Access Inflation Protected USD Bond ETF
3.28%2.77%6.47%3.82%1.04%2.34%0.66%0.00%
FPEI
First Trust Institutional Preferred Securities & Income ETF
5.57%5.75%5.20%4.46%4.91%5.02%5.83%1.49%

Drawdowns

GTIP vs. FPEI - Drawdown Comparison

The maximum GTIP drawdown since its inception was -14.31%, smaller than the maximum FPEI drawdown of -27.51%. Use the drawdown chart below to compare losses from any high point for GTIP and FPEI. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.63%
-0.87%
GTIP
FPEI

Volatility

GTIP vs. FPEI - Volatility Comparison

Goldman Sachs Access Inflation Protected USD Bond ETF (GTIP) has a higher volatility of 1.16% compared to First Trust Institutional Preferred Securities & Income ETF (FPEI) at 0.84%. This indicates that GTIP's price experiences larger fluctuations and is considered to be riskier than FPEI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.60%0.80%1.00%1.20%1.40%JulyAugustSeptemberOctoberNovemberDecember
1.16%
0.84%
GTIP
FPEI
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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