GTND vs. BSR

Last updated Jul 8, 2026

GTND (Goaltender ETF) and BSR (Beacon Selective Risk ETF) are both Tactical Allocation funds. GTND is actively managed, while BSR is passively managed. A 0.59 correlation means they provide meaningful diversification when combined. GTND charges 0.46%/yr vs 1.10%/yr for BSR.

Performance

GTND vs. BSR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goaltender ETF (GTND) and Beacon Selective Risk ETF (BSR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GTND

• 1D: -1.04%
• 1M: 1.06%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BSR

• 1D: -0.57%
• 1M: 0.40%
• 6M: 0.95%
• YTD: 2.89%
• 1Y: 8.73%
• 3Y*: 7.02%
• 5Y*: —
• 10Y*: —

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

GTND vs. BSR - Yearly Performance Comparison

	2026 (YTD)
GTND Goaltender ETF	-0.05%
BSR Beacon Selective Risk ETF	0.09%

Correlation

The correlation between GTND and BSR is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 14, 2026	0.59

Return for Risk

GTND vs. BSR — Risk / Return Rank

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

GTND

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

BSR

BSR Risk / Return Rank: 30
BSR Sharpe Ratio Rank: 31
BSR Sortino Ratio Rank: 29
BSR Omega Ratio Rank: 29
BSR Calmar Ratio Rank: 32
BSR Martin Ratio Rank: 29

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.

GTND vs. BSR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goaltender ETF (GTND) and Beacon Selective Risk ETF (BSR). 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.

	GTND	BSR	Difference
Sharpe ratio: Return per unit of total volatility	—	1.00	—
Sortino ratio: Return per unit of downside risk	—	1.42	—
Omega ratio: Gain probability vs. loss probability	—	1.18	—
Calmar ratio: Return relative to maximum drawdown	—	1.42	—
Martin ratio: Return relative to average drawdown	—	3.72	—

Drawdowns

GTND vs. BSR - Drawdown Comparison

The maximum GTND drawdown since its inception was -5.38%, smaller than the maximum BSR drawdown of -15.68%. Use the drawdown chart below to compare losses from any high point for GTND and BSR.

Drawdown Indicators

	GTND	BSR	Difference
Max Drawdown Largest peak-to-trough decline	-5.38%	-15.68%	+10.30%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.15%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-15.68%	—
Current Drawdown Current decline from peak	-2.81%	-4.88%	+2.07%
Average Drawdown Average peak-to-trough decline	-1.83%	-4.58%	+2.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.35%	—

Volatility

Volatility by Period

	GTND	BSR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.45%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.53%	—
Volatility (1Y) Calculated over the trailing 1-year period	18.73%	8.77%	+9.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.73%	16.09%	+2.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.73%	16.09%	+2.64%

GTND vs. BSR - Expense Ratio Comparison

GTND has a 0.46% expense ratio, which is lower than BSR's 1.10% expense ratio.

Dividends

GTND vs. BSR - Dividend Comparison

GTND's dividend yield for the trailing twelve months is around 0.16%, less than BSR's 2.81% yield.

Position	TTM	2025	2024	2023
BSR Beacon Selective Risk ETF	2.81%	2.89%	0.89%	1.08%
GTND Goaltender ETF	0.16%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GTND and BSR in my portfolio?

GTND and BSR have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GTND or BSR?

On fees, GTND is cheaper at 0.46% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GTND or BSR?

GTND is cheaper with a 0.46% expense ratio, compared with 1.10% for BSR.

Which ETF pays a higher dividend yield, GTND or BSR?

BSR has the higher dividend yield at 2.81%, compared with 0.16% for GTND.

What is the main difference between GTND and BSR?

They also come from different issuers: Ritholtz Wealth Management and American Beacon. Their fees differ too: 0.46% for GTND and 1.10% for BSR.