GTPE vs. FYLD

Last updated Jun 5, 2026

GTPE (Goldman Sachs MSCI World Private Equity Return Tracker ETF) and FYLD (Cambria Foreign Shareholder Yield ETF) are both Global Equities funds. GTPE is passively managed, while FYLD is actively managed. At a 0.49 correlation, their price movements are largely independent. GTPE charges 0.50%/yr vs 0.59%/yr for FYLD.

Performance

GTPE vs. FYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs MSCI World Private Equity Return Tracker ETF (GTPE) and Cambria Foreign Shareholder Yield ETF (FYLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with GTPE having a 19.04% return and FYLD slightly higher at 19.37%.

GTPE

• 1D: -0.33%
• 1M: 7.59%
• YTD: 19.04%
• 6M: 20.31%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FYLD

• 1D: 0.73%
• 1M: 0.68%
• YTD: 19.37%
• 6M: 20.57%
• 1Y: 41.16%
• 3Y*: 22.82%
• 5Y*: 11.54%
• 10Y*: 11.34%

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

GTPE vs. FYLD - Yearly Performance Comparison

	2026 (YTD)	2025
GTPE Goldman Sachs MSCI World Private Equity Return Tracker ETF	19.04%	2.66%
FYLD Cambria Foreign Shareholder Yield ETF	19.37%	5.30%

Correlation

The correlation between GTPE and FYLD is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 24, 2025	0.49

Return for Risk

GTPE vs. FYLD — Risk / Return Rank

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

FYLD

FYLD Risk / Return Rank: 94
FYLD Sharpe Ratio Rank: 94
FYLD Sortino Ratio Rank: 94
FYLD Omega Ratio Rank: 93
FYLD Calmar Ratio Rank: 94
FYLD Martin Ratio Rank: 94

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.

GTPE vs. FYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs MSCI World Private Equity Return Tracker ETF (GTPE) and Cambria Foreign Shareholder Yield ETF (FYLD). 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

	GTPE	FYLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.60	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.71	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.63	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.29	0.46	+1.83

Drawdowns

GTPE vs. FYLD - Drawdown Comparison

The maximum GTPE drawdown since its inception was -8.91%, smaller than the maximum FYLD drawdown of -44.55%. Use the drawdown chart below to compare losses from any high point for GTPE and FYLD.

Drawdown Indicators

	GTPE	FYLD	Difference
Max Drawdown Largest peak-to-trough decline	-8.91%	-44.55%	+35.64%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.44%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-15.15%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.12%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-44.55%	—
Current Drawdown Current decline from peak	-0.42%	-0.82%	+0.40%
Average Drawdown Average peak-to-trough decline	-1.65%	-8.83%	+7.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.52%	—

Volatility

Volatility by Period

	GTPE	FYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.03%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.79%	—
Volatility (1Y) Calculated over the trailing 1-year period	17.17%	11.50%	+5.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.17%	16.23%	+0.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.17%	18.03%	-0.86%

GTPE vs. FYLD - Expense Ratio Comparison

GTPE has a 0.50% expense ratio, which is lower than FYLD's 0.59% expense ratio.

Dividends

GTPE vs. FYLD - Dividend Comparison

GTPE has not paid dividends to shareholders, while FYLD's dividend yield for the trailing twelve months is around 3.62%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FYLD Cambria Foreign Shareholder Yield ETF	3.62%	4.07%	5.41%	6.06%	6.13%	4.74%	3.94%	3.73%	5.17%	2.85%	2.72%	3.98%
GTPE Goldman Sachs MSCI World Private Equity Return Tracker 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%

Frequently Asked Questions

Can I hold both GTPE and FYLD in my portfolio?

GTPE and FYLD have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GTPE or FYLD?

On fees, GTPE is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GTPE or FYLD?

GTPE is cheaper with a 0.50% expense ratio, compared with 0.59% for FYLD.

Which ETF pays a higher dividend yield, GTPE or FYLD?

FYLD has the higher dividend yield at 3.62%, compared with 0.00% for GTPE.

What is the main difference between GTPE and FYLD?

They also come from different issuers: Goldman Sachs and Cambria. Their fees differ too: 0.50% for GTPE and 0.59% for FYLD.