GUSE vs. SUPP

Last updated Jun 4, 2026

GUSE (Goldman Sachs Enhanced U.S. Equity ETF) and SUPP (TCW Transform Supply Chain ETF) are both Large Cap Blend Equities funds. Both are actively managed. Their correlation of 0.83 suggests significant overlap in exposure. GUSE charges 0.30%/yr vs 0.75%/yr for SUPP.

Performance

GUSE vs. SUPP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Enhanced U.S. Equity ETF (GUSE) and TCW Transform Supply Chain ETF (SUPP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GUSE achieves a 11.62% return, which is significantly lower than SUPP's 21.37% return.

GUSE

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

SUPP

• 1D: -0.15%
• 1M: 6.38%
• YTD: 21.37%
• 6M: 18.97%
• 1Y: 32.28%
• 3Y*: 19.34%
• 5Y*: —
• 10Y*: —

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

GUSE vs. SUPP - Yearly Performance Comparison

	2026 (YTD)	2025
GUSE Goldman Sachs Enhanced U.S. Equity ETF	11.62%	2.91%
SUPP TCW Transform Supply Chain ETF	21.37%	1.08%

Correlation

The correlation between GUSE and SUPP is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025	0.83

Return for Risk

GUSE vs. SUPP — Risk / Return Rank

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

SUPP

SUPP Risk / Return Rank: 50
SUPP Sharpe Ratio Rank: 49
SUPP Sortino Ratio Rank: 49
SUPP Omega Ratio Rank: 47
SUPP Calmar Ratio Rank: 49
SUPP Martin Ratio Rank: 57

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.

GUSE vs. SUPP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Enhanced U.S. Equity ETF (GUSE) and TCW Transform Supply Chain ETF (SUPP). 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	SUPP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.16	0.89	+1.27

Drawdowns

GUSE vs. SUPP - Drawdown Comparison

The maximum GUSE drawdown since its inception was -8.54%, smaller than the maximum SUPP drawdown of -25.03%. Use the drawdown chart below to compare losses from any high point for GUSE and SUPP.

Drawdown Indicators

	GUSE	SUPP	Difference
Max Drawdown Largest peak-to-trough decline	-8.54%	-25.03%	+16.49%
Max Drawdown (1Y) Largest decline over 1 year	—	-13.59%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-25.03%	—
Current Drawdown Current decline from peak	-0.72%	-0.15%	-0.57%
Average Drawdown Average peak-to-trough decline	-1.34%	-4.41%	+3.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.29%	—

Volatility

Volatility by Period

	GUSE	SUPP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.15%	—
Volatility (6M) Calculated over the trailing 6-month period	—	16.42%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.73%	19.38%	-5.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.73%	19.44%	-5.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.73%	19.44%	-5.71%

GUSE vs. SUPP - Expense Ratio Comparison

GUSE has a 0.30% expense ratio, which is lower than SUPP's 0.75% expense ratio.

Dividends

GUSE vs. SUPP - Dividend Comparison

GUSE's dividend yield for the trailing twelve months is around 0.65%, more than SUPP's 0.29% yield.

Position	TTM	2025	2024	2023
GUSE Goldman Sachs Enhanced U.S. Equity ETF	0.65%	0.73%	0.00%	0.00%
SUPP TCW Transform Supply Chain ETF	0.29%	0.35%	0.49%	0.45%

Frequently Asked Questions

Can I hold both GUSE and SUPP in my portfolio?

GUSE and SUPP have a correlation of 0.83, 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 SUPP?

On fees, GUSE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GUSE or SUPP?

GUSE is cheaper with a 0.30% expense ratio, compared with 0.75% for SUPP.

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

GUSE has the higher dividend yield at 0.65%, compared with 0.29% for SUPP.

What is the main difference between GUSE and SUPP?

They also come from different issuers: Goldman Sachs and TCW. Their fees differ too: 0.30% for GUSE and 0.75% for SUPP.