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

Correlation

The correlation between GTIP and IUSB is 0.75, 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.


-0.50.00.51.00.7

Performance

GTIP vs. IUSB - 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 iShares Core Total USD Bond Market ETF (IUSB). 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%JulyAugustSeptemberOctoberNovemberDecember
0.42%
1.40%
GTIP
IUSB

Key characteristics

Sharpe Ratio

GTIP:

0.35

IUSB:

0.40

Sortino Ratio

GTIP:

0.50

IUSB:

0.59

Omega Ratio

GTIP:

1.06

IUSB:

1.07

Calmar Ratio

GTIP:

0.14

IUSB:

0.18

Martin Ratio

GTIP:

1.18

IUSB:

1.21

Ulcer Index

GTIP:

1.31%

IUSB:

1.71%

Daily Std Dev

GTIP:

4.46%

IUSB:

5.22%

Max Drawdown

GTIP:

-14.31%

IUSB:

-17.98%

Current Drawdown

GTIP:

-7.63%

IUSB:

-7.27%

Returns By Period

The year-to-date returns for both investments are quite close, with GTIP having a 1.78% return and IUSB slightly higher at 1.84%.


GTIP

YTD

1.78%

1M

-0.98%

6M

0.56%

1Y

1.74%

5Y*

1.75%

10Y*

N/A

IUSB

YTD

1.84%

1M

-0.47%

6M

1.40%

1Y

2.17%

5Y*

-0.04%

10Y*

1.67%

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GTIP vs. IUSB - Expense Ratio Comparison

GTIP has a 0.12% expense ratio, which is higher than IUSB's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


GTIP
Goldman Sachs Access Inflation Protected USD Bond ETF
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%
Expense ratio chart for IUSB: current value at 0.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.06%

Risk-Adjusted Performance

GTIP vs. IUSB - 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 iShares Core Total USD Bond Market ETF (IUSB). 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 market0.002.004.000.350.40
The chart of Sortino ratio for GTIP, currently valued at 0.50, compared to the broader market-2.000.002.004.006.008.0010.000.500.59
The chart of Omega ratio for GTIP, currently valued at 1.06, compared to the broader market0.501.001.502.002.503.001.061.07
The chart of Calmar ratio for GTIP, currently valued at 0.14, compared to the broader market0.005.0010.0015.000.140.18
The chart of Martin ratio for GTIP, currently valued at 1.18, compared to the broader market0.0020.0040.0060.0080.00100.001.181.21
GTIP
IUSB

The current GTIP Sharpe Ratio is 0.35, which is comparable to the IUSB Sharpe Ratio of 0.40. The chart below compares the historical Sharpe Ratios of GTIP and IUSB, 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 Ratio0.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.35
0.40
GTIP
IUSB

Dividends

GTIP vs. IUSB - Dividend Comparison

GTIP's dividend yield for the trailing twelve months is around 3.28%, less than IUSB's 4.05% yield.


TTM2023202220212020201920182017201620152014
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%0.00%0.00%0.00%
IUSB
iShares Core Total USD Bond Market ETF
4.05%3.46%2.53%1.74%2.45%3.04%2.98%2.56%2.60%1.95%1.39%

Drawdowns

GTIP vs. IUSB - Drawdown Comparison

The maximum GTIP drawdown since its inception was -14.31%, smaller than the maximum IUSB drawdown of -17.98%. Use the drawdown chart below to compare losses from any high point for GTIP and IUSB. For additional features, visit the drawdowns tool.


-10.00%-9.00%-8.00%-7.00%-6.00%-5.00%-4.00%JulyAugustSeptemberOctoberNovemberDecember
-7.63%
-7.27%
GTIP
IUSB

Volatility

GTIP vs. IUSB - Volatility Comparison

The current volatility for Goldman Sachs Access Inflation Protected USD Bond ETF (GTIP) is 1.16%, while iShares Core Total USD Bond Market ETF (IUSB) has a volatility of 1.58%. This indicates that GTIP experiences smaller price fluctuations and is considered to be less risky than IUSB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.80%1.00%1.20%1.40%1.60%JulyAugustSeptemberOctoberNovemberDecember
1.16%
1.58%
GTIP
IUSB
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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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