GTOP vs. ARMH

Last updated Jun 4, 2026

GTOP (Goldman Sachs Technology Opportunities ETF) and ARMH (Arm Holdings PLC ADRhedged ETF) are both Technology Equities funds. Both are actively managed. Their correlation of 0.80 suggests significant overlap in exposure. GTOP charges 0.65%/yr vs 0.19%/yr for ARMH.

Performance

GTOP vs. ARMH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Technology Opportunities ETF (GTOP) and Arm Holdings PLC ADRhedged ETF (ARMH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GTOP

• 1D: -1.04%
• 1M: 13.91%
• YTD: 26.56%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARMH

• 1D: 2.87%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GTOP vs. ARMH - Yearly Performance Comparison

	2026 (YTD)
GTOP Goldman Sachs Technology Opportunities ETF	2.89%
ARMH Arm Holdings PLC ADRhedged ETF	23.00%

Correlation

The correlation between GTOP and ARMH is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	0.80

Return for Risk

GTOP vs. ARMH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Technology Opportunities ETF (GTOP) and Arm Holdings PLC ADRhedged ETF (ARMH). 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.

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

Sharpe Ratios by Period

	GTOP	ARMH	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.61	471,500.14	-471,497.53

Drawdowns

GTOP vs. ARMH - Drawdown Comparison

The maximum GTOP drawdown since its inception was -14.47%, which is greater than ARMH's maximum drawdown of -1.61%. Use the drawdown chart below to compare losses from any high point for GTOP and ARMH.

Drawdown Indicators

	GTOP	ARMH	Difference
Max Drawdown Largest peak-to-trough decline	-14.47%	-1.61%	-12.86%
Current Drawdown Current decline from peak	-1.04%	0.00%	-1.04%
Average Drawdown Average peak-to-trough decline	-3.39%	-0.40%	-2.99%

Volatility

Volatility by Period

	GTOP	ARMH	Difference
Volatility (1Y) Calculated over the trailing 1-year period	22.75%	113.00%	-90.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.75%	113.00%	-90.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.75%	113.00%	-90.25%

GTOP vs. ARMH - Expense Ratio Comparison

GTOP has a 0.65% expense ratio, which is higher than ARMH's 0.19% expense ratio.

Dividends

GTOP vs. ARMH - Dividend Comparison

Neither GTOP nor ARMH has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GTOP and ARMH in my portfolio?

GTOP and ARMH have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GTOP or ARMH?

On fees, ARMH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GTOP or ARMH?

ARMH is cheaper with a 0.19% expense ratio, compared with 0.65% for GTOP.

Which ETF pays a higher dividend yield, GTOP or ARMH?

GTOP and ARMH have nearly identical dividend yields, around 0.00%.

What is the main difference between GTOP and ARMH?

They also come from different issuers: Goldman Sachs and Precidian. Their fees differ too: 0.65% for GTOP and 0.19% for ARMH.