GTPE vs. INKM
GTPE (Goldman Sachs MSCI World Private Equity Return Tracker ETF) and INKM (SPDR SSgA Income Allocation ETF) are both Global Equities funds. GTPE is passively managed, while INKM is actively managed. A 0.64 correlation means they provide meaningful diversification when combined. Both charge a 0.50% expense ratio.
Performance
GTPE vs. INKM - Performance Comparison
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Returns By Period
In the year-to-date period, GTPE achieves a 18.27% return, which is significantly higher than INKM's 6.57% return.
GTPE
- 1D
- 0.03%
- 1M
- 1.77%
- 6M
- 15.75%
- YTD
- 18.27%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
INKM
- 1D
- 0.13%
- 1M
- 0.61%
- 6M
- 5.17%
- YTD
- 6.57%
- 1Y
- 11.76%
- 3Y*
- 9.73%
- 5Y*
- 4.16%
- 10Y*
- 5.32%
GTPE vs. INKM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GTPE Goldman Sachs MSCI World Private Equity Return Tracker ETF | 18.27% | 2.96% |
INKM SPDR SSgA Income Allocation ETF | 6.57% | 0.68% |
Correlation
The correlation between GTPE and INKM is 0.64, 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 Oct 23, 2025 | 0.64 |
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Return for Risk
GTPE vs. INKM — Risk / Return Rank
GTPE
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
INKM
GTPE vs. INKM - 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 SPDR SSgA Income Allocation ETF (INKM). 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 | INKM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.35 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.50 | — |
| Martin ratioReturn relative to average drawdown | — | 9.84 | — |
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Drawdowns
GTPE vs. INKM - Drawdown Comparison
The maximum GTPE drawdown since its inception was -8.91%, smaller than the maximum INKM drawdown of -28.58%. Use the drawdown chart below to compare losses from any high point for GTPE and INKM.
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Drawdown Indicators
| GTPE | INKM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.91% | -28.58% | +19.67% |
Max Drawdown (1Y)Largest decline over 1 year | — | -4.55% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -9.25% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.18% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.58% | — |
Current DrawdownCurrent decline from peak | -1.39% | -0.08% | -1.31% |
Average DrawdownAverage peak-to-trough decline | -1.72% | -3.67% | +1.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.16% | — |
Volatility
GTPE vs. INKM - Volatility Comparison
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Volatility by Period
| GTPE | INKM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.63% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 4.79% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 18.04% | 6.05% | +11.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.04% | 8.32% | +9.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.04% | 9.74% | +8.30% |
GTPE vs. INKM - Expense Ratio Comparison
Both GTPE and INKM have an expense ratio of 0.50%.
Dividends
GTPE vs. INKM - Dividend Comparison
GTPE has not paid dividends to shareholders, while INKM's dividend yield for the trailing twelve months is around 4.78%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
INKM SPDR SSgA Income Allocation ETF | 4.78% | 5.82% | 4.83% | 4.56% | 5.03% | 3.74% | 3.88% | 4.38% | 4.08% | 3.10% | 3.39% | 3.45% |
Frequently Asked Questions
GTPE and INKM have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.50% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
GTPE and INKM have the same expense ratio: 0.50% per year.
INKM has the higher dividend yield at 4.78%, compared with 0.00% for GTPE.
They also come from different issuers: Goldman Sachs and State Street.
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