GTOP vs. NXTG
GTOP (Goldman Sachs Technology Opportunities ETF) and NXTG (First Trust IndXX NextG ETF) are both Technology Equities funds. GTOP is actively managed, while NXTG is passively managed. Their correlation of 0.81 suggests significant overlap in exposure. GTOP charges 0.65%/yr vs 0.70%/yr for NXTG.
Performance
GTOP vs. NXTG - Performance Comparison
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Returns By Period
In the year-to-date period, GTOP achieves a 26.56% return, which is significantly lower than NXTG's 54.54% return.
GTOP
- 1D
- -1.04%
- 1M
- 13.91%
- YTD
- 26.56%
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NXTG
- 1D
- -0.82%
- 1M
- 22.84%
- YTD
- 54.54%
- 6M
- 55.39%
- 1Y
- 82.82%
- 3Y*
- 35.56%
- 5Y*
- 19.17%
- 10Y*
- 17.94%
GTOP vs. NXTG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GTOP Goldman Sachs Technology Opportunities ETF | 26.56% | -1.21% |
NXTG First Trust IndXX NextG ETF | 54.54% | -0.39% |
Correlation
The correlation between GTOP and NXTG is 0.81, 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 Dec 9, 2025 | 0.81 |
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Return for Risk
GTOP vs. NXTG — Risk / Return Rank
GTOP
NXTG
GTOP vs. NXTG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Technology Opportunities ETF (GTOP) and First Trust IndXX NextG ETF (NXTG). 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.
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Sharpe Ratios by Period
| GTOP | NXTG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 4.52 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.08 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.95 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.61 | 0.69 | +1.93 |
Drawdowns
GTOP vs. NXTG - Drawdown Comparison
The maximum GTOP drawdown since its inception was -14.47%, smaller than the maximum NXTG drawdown of -33.61%. Use the drawdown chart below to compare losses from any high point for GTOP and NXTG.
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Drawdown Indicators
| GTOP | NXTG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.47% | -33.61% | +19.14% |
Max Drawdown (1Y)Largest decline over 1 year | — | -10.28% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -17.75% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -33.61% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.61% | — |
Current DrawdownCurrent decline from peak | -1.04% | -0.82% | -0.22% |
Average DrawdownAverage peak-to-trough decline | -3.39% | -7.87% | +4.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.62% | — |
Volatility
GTOP vs. NXTG - Volatility Comparison
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Volatility by Period
| GTOP | NXTG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 8.27% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 15.26% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 22.75% | 18.44% | +4.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.75% | 17.93% | +4.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.75% | 18.88% | +3.87% |
GTOP vs. NXTG - Expense Ratio Comparison
GTOP has a 0.65% expense ratio, which is lower than NXTG's 0.70% expense ratio.
Dividends
GTOP vs. NXTG - Dividend Comparison
GTOP has not paid dividends to shareholders, while NXTG's dividend yield for the trailing twelve months is around 1.11%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GTOP Goldman Sachs Technology Opportunities ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NXTG First Trust IndXX NextG ETF | 1.11% | 1.56% | 1.51% | 2.15% | 2.04% | 1.97% | 1.04% | 0.77% | 1.27% | 1.65% | 1.23% | 1.11% |
Frequently Asked Questions
GTOP and NXTG have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GTOP is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GTOP is cheaper with a 0.65% expense ratio, compared with 0.70% for NXTG.
NXTG has the higher dividend yield at 1.11%, compared with 0.00% for GTOP.
They also come from different issuers: Goldman Sachs and First Trust. Their fees differ too: 0.65% for GTOP and 0.70% for NXTG.
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