GTPE vs. HERD
GTPE (Goldman Sachs MSCI World Private Equity Return Tracker ETF) and HERD (Pacer Cash Cows Fund of Funds ETF) are both Global Equities funds - GTPE tracks the MSCI World Private Equity Return Tracker Index while HERD tracks the Pacer Cash Cows Fund of Funds Index. Both are passively managed. Their 0.58 correlation means they have sometimes moved together and sometimes differently. GTPE charges 0.50%/yr vs 0.73%/yr for HERD.
Performance
GTPE vs. HERD - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with GTPE having a 15.57% return and HERD slightly lower at 14.97%.
GTPE
- 1D
- -0.23%
- 1M
- -1.75%
- 6M
- 13.40%
- YTD
- 15.57%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
HERD
- 1D
- -0.45%
- 1M
- 4.23%
- 6M
- 10.58%
- YTD
- 14.97%
- 1Y
- 29.21%
- 3Y*
- 14.59%
- 5Y*
- 10.62%
- 10Y*
- —
- ALL TIME*
- 12.92%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $27.54K | $53.33K | $76.42K | |
| $194.03K | $197.87K | $182.95K |
GTPE vs. HERD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GTPE Goldman Sachs MSCI World Private Equity Return Tracker ETF | 15.57% | 2.96% |
HERD Pacer Cash Cows Fund of Funds ETF | 14.97% | 4.60% |
Correlation
The correlation between GTPE and HERD is 0.58, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 23, 2025 | 0.58 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GTPE vs. HERD — Risk / Return Rank
GTPE
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
HERD
GTPE vs. HERD - 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 Pacer Cash Cows Fund of Funds ETF (HERD). 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.
| GTPE | HERD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.44 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 5.01 | — |
| Martin ratioReturn relative to average drawdown | — | 15.56 | — |
Loading charts...
Drawdowns
GTPE vs. HERD - Drawdown Comparison
The maximum GTPE drawdown since its inception was -8.91%, smaller than the maximum HERD drawdown of -39.41%. Use the drawdown chart below to compare losses from any high point for GTPE and HERD.
Loading charts...
Drawdown Indicators
| GTPE | HERD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.91% | -39.41% | +30.50% |
Max Drawdown (1Y)Largest decline over 1 year | — | -5.68% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.60% | — |
Current DrawdownCurrent decline from peak | -3.64% | -0.70% | -2.94% |
Average DrawdownAverage peak-to-trough decline | -1.85% | -4.50% | +2.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.83% | — |
Volatility
GTPE vs. HERD - Volatility Comparison
Loading charts...
Volatility by Period
| GTPE | HERD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.60% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.72% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 17.95% | 11.83% | +6.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.95% | 17.68% | +0.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.95% | 20.36% | -2.41% |
GTPE vs. HERD - Expense Ratio Comparison
GTPE has a 0.50% expense ratio, which is lower than HERD's 0.73% expense ratio.
Dividends
GTPE vs. HERD - Dividend Comparison
GTPE has not paid dividends to shareholders, while HERD's dividend yield for the trailing twelve months is around 2.73%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
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% |
HERD Pacer Cash Cows Fund of Funds ETF | 2.73% | 3.75% | 2.43% | 2.54% | 2.50% | 2.02% | 1.95% | 1.69% |
Frequently Asked Questions
GTPE and HERD have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
GTPE is cheaper with a 0.50% expense ratio, compared with 0.73% for HERD.
HERD has the higher dividend yield at 2.73%, compared with 0.00% for GTPE.
GTPE tracks MSCI World Private Equity Return Tracker Index, while HERD tracks Pacer Cash Cows Fund of Funds Index. They also come from different issuers: Goldman Sachs and Pacer. Their fees differ too: 0.50% for GTPE and 0.73% for HERD.
Find the right allocation for GTPE and HERD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer