GUSE vs. BPH

Last updated Jun 4, 2026

GUSE (Goldman Sachs Enhanced U.S. Equity ETF) and BPH (BP p.l.c. ADRhedged ETF) are both exchange-traded funds - GUSE is a Large Cap Blend Equities fund actively managed by Goldman Sachs, while BPH is a Oil & Gas fund actively managed by Precidian. Both are actively managed. At a correlation of -0.20, they often move in opposite directions. GUSE charges 0.30%/yr vs 0.19%/yr for BPH.

Performance

GUSE vs. BPH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Enhanced U.S. Equity ETF (GUSE) and BP p.l.c. ADRhedged ETF (BPH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GUSE

• 1D: -0.72%
• 1M: 5.49%
• YTD: 11.62%
• 6M: 11.59%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BPH

• 1D: 1.20%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GUSE vs. BPH - Yearly Performance Comparison

	2026 (YTD)
GUSE Goldman Sachs Enhanced U.S. Equity ETF	1.12%
BPH BP p.l.c. ADRhedged ETF	2.83%

Correlation

The correlation between GUSE and BPH is -0.20, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 27, 2026	-0.20

Return for Risk

GUSE vs. BPH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Enhanced U.S. Equity ETF (GUSE) and BP p.l.c. ADRhedged ETF (BPH). 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

	GUSE	BPH	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.16	9.48	-7.32

Drawdowns

GUSE vs. BPH - Drawdown Comparison

The maximum GUSE drawdown since its inception was -8.54%, which is greater than BPH's maximum drawdown of -2.35%. Use the drawdown chart below to compare losses from any high point for GUSE and BPH.

Drawdown Indicators

	GUSE	BPH	Difference
Max Drawdown Largest peak-to-trough decline	-8.54%	-2.35%	-6.19%
Current Drawdown Current decline from peak	-0.72%	0.00%	-0.72%
Average Drawdown Average peak-to-trough decline	-1.34%	-1.08%	-0.26%

Volatility

Volatility by Period

	GUSE	BPH	Difference
Volatility (1Y) Calculated over the trailing 1-year period	13.73%	25.75%	-12.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.73%	25.75%	-12.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.73%	25.75%	-12.02%

GUSE vs. BPH - Expense Ratio Comparison

GUSE has a 0.30% expense ratio, which is higher than BPH's 0.19% expense ratio.

Dividends

GUSE vs. BPH - Dividend Comparison

GUSE's dividend yield for the trailing twelve months is around 0.65%, while BPH has not paid dividends to shareholders.

Position	TTM	2025
BPH BP p.l.c. ADRhedged ETF	0.00%	0.00%
GUSE Goldman Sachs Enhanced U.S. Equity ETF	0.65%	0.73%

Frequently Asked Questions

Can I hold both GUSE and BPH in my portfolio?

GUSE and BPH have a correlation of -0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GUSE or BPH?

On fees, BPH 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, GUSE or BPH?

BPH is cheaper with a 0.19% expense ratio, compared with 0.30% for GUSE.

Which ETF pays a higher dividend yield, GUSE or BPH?

GUSE has the higher dividend yield at 0.65%, compared with 0.00% for BPH.

What is the main difference between GUSE and BPH?

GUSE is categorized as Large Cap Blend Equities, while BPH is Oil & Gas. They also come from different issuers: Goldman Sachs and Precidian. Their fees differ too: 0.30% for GUSE and 0.19% for BPH.