GTOP vs. STHH

Last updated Jun 24, 2026

GTOP (Goldman Sachs Technology Opportunities ETF) and STHH (STMicroelectronics NV ADRhedged) are both Technology Equities funds. GTOP is actively managed, while STHH is passively managed. A 0.66 correlation means they provide meaningful diversification when combined. GTOP charges 0.65%/yr vs 0.19%/yr for STHH.

Performance

GTOP vs. STHH - Performance Comparison

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

Returns By Period

In the year-to-date period, GTOP achieves a 20.78% return, which is significantly lower than STHH's 187.72% return.

GTOP

• 1D: -3.08%
• 1M: 1.37%
• YTD: 20.78%
• 6M: 19.10%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

STHH

• 1D: -8.12%
• 1M: 10.72%
• YTD: 187.72%
• 6M: 187.07%
• 1Y: 158.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GTOP vs. STHH - Yearly Performance Comparison

	2026 (YTD)	2025
GTOP Goldman Sachs Technology Opportunities ETF	20.78%	-1.02%
STHH STMicroelectronics NV ADRhedged	187.72%	-0.90%

Correlation

The correlation between GTOP and STHH is 0.66, 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 Dec 8, 2025	0.66

Return for Risk

GTOP vs. STHH — Risk / Return Rank

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

GTOP

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

STHH

STHH Risk / Return Rank: 81
STHH Sharpe Ratio Rank: 92
STHH Sortino Ratio Rank: 81
STHH Omega Ratio Rank: 84
STHH Calmar Ratio Rank: 88
STHH Martin Ratio Rank: 63

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.

GTOP vs. STHH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Technology Opportunities ETF (GTOP) and STMicroelectronics NV ADRhedged (STHH). 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.

	GTOP	STHH	Difference
Sharpe ratio: Return per unit of total volatility	—	3.02	—
Sortino ratio: Return per unit of downside risk	—	3.33	—
Omega ratio: Gain probability vs. loss probability	—	1.47	—
Calmar ratio: Return relative to maximum drawdown	—	4.70	—
Martin ratio: Return relative to average drawdown	—	10.65	—

Drawdowns

GTOP vs. STHH - Drawdown Comparison

The maximum GTOP drawdown since its inception was -14.47%, smaller than the maximum STHH drawdown of -33.89%. Use the drawdown chart below to compare losses from any high point for GTOP and STHH.

Drawdown Indicators

	GTOP	STHH	Difference
Max Drawdown Largest peak-to-trough decline	-14.47%	-33.89%	+19.42%
Max Drawdown (1Y) Largest decline over 1 year	—	-33.89%	—
Current Drawdown Current decline from peak	-5.56%	-8.12%	+2.56%
Average Drawdown Average peak-to-trough decline	-3.45%	-10.17%	+6.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	14.93%	—

Volatility

Volatility by Period

	GTOP	STHH	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	25.53%	—
Volatility (6M) Calculated over the trailing 6-month period	—	41.13%	—
Volatility (1Y) Calculated over the trailing 1-year period	24.61%	52.67%	-28.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.61%	51.51%	-26.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.61%	51.51%	-26.90%

GTOP vs. STHH - Expense Ratio Comparison

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

Dividends

GTOP vs. STHH - Dividend Comparison

GTOP has not paid dividends to shareholders, while STHH's dividend yield for the trailing twelve months is around 0.70%.

Position	TTM	2025
GTOP Goldman Sachs Technology Opportunities ETF	0.00%	0.00%
STHH STMicroelectronics NV ADRhedged	0.70%	0.69%

Frequently Asked Questions

Can I hold both GTOP and STHH in my portfolio?

GTOP and STHH have a correlation of 0.66, 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 STHH?

On fees, STHH 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 STHH?

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

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

STHH has the higher dividend yield at 0.70%, compared with 0.00% for GTOP.

What is the main difference between GTOP and STHH?

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