GTPE vs. PID
GTPE (Goldman Sachs MSCI World Private Equity Return Tracker ETF) and PID (Invesco International Dividend Achievers™ ETF) are both Global Equities funds - GTPE tracks the MSCI World Private Equity Return Tracker Index while PID tracks the Nasdaq International Dividend Achievers (NR). Both are passively managed. Their 0.43 correlation means their historical movements had little consistent relationship. GTPE charges 0.50%/yr vs 0.56%/yr for PID.
Performance
GTPE vs. PID - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GTPE achieves a 15.57% return, which is significantly higher than PID's 8.06% return.
GTPE
- 1D
- -0.23%
- 1M
- -1.75%
- 6M
- 13.40%
- YTD
- 15.57%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
PID
- 1D
- -0.89%
- 1M
- 3.23%
- 6M
- 4.55%
- YTD
- 8.06%
- 1Y
- 17.63%
- 3Y*
- 12.62%
- 5Y*
- 9.36%
- 10Y*
- 9.15%
- ALL TIME*
- 5.72%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $27.54K | $53.33K | $76.42K | |
| $1.28M | $1.81M | $1.50M |
GTPE vs. PID - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GTPE Goldman Sachs MSCI World Private Equity Return Tracker ETF | 15.57% | 2.96% |
PID Invesco International Dividend Achievers™ ETF | 8.06% | 2.90% |
Correlation
The correlation between GTPE and PID is 0.43, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 23, 2025 | 0.43 |
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. PID — Risk / Return Rank
GTPE
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
PID
GTPE vs. PID - 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 Invesco International Dividend Achievers™ ETF (PID). 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 | PID | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.33 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.35 | — |
| Martin ratioReturn relative to average drawdown | — | 7.45 | — |
Loading charts...
Drawdowns
GTPE vs. PID - Drawdown Comparison
The maximum GTPE drawdown since its inception was -8.91%, smaller than the maximum PID drawdown of -66.34%. Use the drawdown chart below to compare losses from any high point for GTPE and PID.
Loading charts...
Drawdown Indicators
| GTPE | PID | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.91% | -66.34% | +57.43% |
Max Drawdown (1Y)Largest decline over 1 year | — | -7.47% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -11.39% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.97% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -46.07% | — |
Current DrawdownCurrent decline from peak | -3.64% | -1.08% | -2.56% |
Average DrawdownAverage peak-to-trough decline | -1.85% | -12.95% | +11.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.35% | — |
Volatility
GTPE vs. PID - Volatility Comparison
Loading charts...
Volatility by Period
| GTPE | PID | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.68% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 7.84% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 17.95% | 9.75% | +8.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.95% | 13.92% | +4.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.95% | 17.56% | +0.39% |
GTPE vs. PID - Expense Ratio Comparison
GTPE has a 0.50% expense ratio, which is lower than PID's 0.56% expense ratio.
Dividends
GTPE vs. PID - Dividend Comparison
GTPE has not paid dividends to shareholders, while PID's dividend yield for the trailing twelve months is around 3.45%.
| 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% |
PID Invesco International Dividend Achievers™ ETF | 3.45% | 3.28% | 3.88% | 3.31% | 3.30% | 3.30% | 3.16% | 3.99% | 3.87% | 3.46% | 3.90% | 4.48% |
Frequently Asked Questions
GTPE and PID have a correlation of 0.43, 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 0.56% for PID.
PID has the higher dividend yield at 3.45%, compared with 0.00% for GTPE.
GTPE tracks MSCI World Private Equity Return Tracker Index, while PID tracks Nasdaq International Dividend Achievers (NR). They also come from different issuers: Goldman Sachs and Invesco. Their fees differ too: 0.50% for GTPE and 0.56% for PID.
Find the right allocation for GTPE and PID
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