GUSE vs. TDVG

Last updated Aug 2, 2026

GUSE (Goldman Sachs Enhanced U.S. Equity ETF) and TDVG (T. Rowe Price Dividend Growth ETF) are both Large Cap Blend Equities funds. Both are actively managed. Their 0.76 correlation means they have sometimes moved together and sometimes differently. GUSE charges 0.30%/yr vs 0.50%/yr for TDVG.

Performance

GUSE vs. TDVG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Enhanced U.S. Equity ETF (GUSE) and T. Rowe Price Dividend Growth ETF (TDVG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with GUSE having a 11.29% return and TDVG slightly lower at 10.93%.

GUSE

• 1D: 0.76%
• 1M: 0.25%
• 6M: 9.66%
• YTD: 11.29%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

TDVG

• 1D: -0.24%
• 1M: 0.47%
• 6M: 9.09%
• YTD: 10.93%
• 1Y: 19.23%
• 3Y*: 14.55%
• 5Y*: 10.00%
• 10Y*: —
• ALL TIME*: 13.28%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GUSE Goldman Sachs Enhanced U.S. Equity ETF	$364.55K	$258.31K	$277.29K
TDVG T. Rowe Price Dividend Growth ETF	$2.11M	$3.07M	$2.63M

GUSE vs. TDVG - Yearly Performance Comparison

	2026 (YTD)	2025
GUSE Goldman Sachs Enhanced U.S. Equity ETF	11.29%	2.38%
TDVG T. Rowe Price Dividend Growth ETF	10.93%	1.87%

Correlation

The correlation between GUSE and TDVG is 0.76, 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 Nov 17, 2025	0.76

Return for Risk

GUSE vs. TDVG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GUSE

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

TDVG

TDVG Risk / Return Rank: 80
TDVG Sharpe Ratio Rank: 82
TDVG Sortino Ratio Rank: 83
TDVG Omega Ratio Rank: 80
TDVG Calmar Ratio Rank: 73
TDVG Martin Ratio Rank: 81

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GUSE vs. TDVG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Enhanced U.S. Equity ETF (GUSE) and T. Rowe Price Dividend Growth ETF (TDVG). 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.

	GUSE	TDVG	Difference
Sharpe ratio: Return per unit of total volatility	—	1.87	—
Sortino ratio: Return per unit of downside risk	—	2.69	—
Omega ratio: Gain probability vs. loss probability	—	1.34	—
Calmar ratio: Return relative to maximum drawdown	—	2.51	—
Martin ratio: Return relative to average drawdown	—	10.48	—

Drawdowns

GUSE vs. TDVG - Drawdown Comparison

The maximum GUSE drawdown since its inception was -8.54%, smaller than the maximum TDVG drawdown of -19.20%. Use the drawdown chart below to compare losses from any high point for GUSE and TDVG.

Drawdown Indicators

	GUSE	TDVG	Difference
Max Drawdown Largest peak-to-trough decline	-8.54%	-19.20%	+10.66%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.24%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-14.02%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.20%	—
Current Drawdown Current decline from peak	-1.02%	-0.92%	-0.10%
Average Drawdown Average peak-to-trough decline	-1.41%	-3.67%	+2.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.73%	—

Volatility

Volatility by Period

	GUSE	TDVG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.20%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.30%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.83%	9.74%	+4.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.83%	13.87%	-0.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.83%	13.81%	+0.02%

GUSE vs. TDVG - Expense Ratio Comparison

GUSE has a 0.30% expense ratio, which is lower than TDVG's 0.50% expense ratio.

Dividends

GUSE vs. TDVG - Dividend Comparison

GUSE's dividend yield for the trailing twelve months is around 0.65%, less than TDVG's 0.96% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
GUSE Goldman Sachs Enhanced U.S. Equity ETF	0.65%	0.73%	0.00%	0.00%	0.00%	0.00%	0.00%
TDVG T. Rowe Price Dividend Growth ETF	0.96%	1.00%	1.06%	1.31%	1.15%	0.80%	0.40%

Frequently Asked Questions

Can I hold both GUSE and TDVG in my portfolio?

GUSE and TDVG have a correlation of 0.76, 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 TDVG?

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 TDVG?

GUSE is cheaper with a 0.30% expense ratio, compared with 0.50% for TDVG.

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

TDVG has the higher dividend yield at 0.96%, compared with 0.65% for GUSE.

What is the main difference between GUSE and TDVG?

They also come from different issuers: Goldman Sachs and T. Rowe Price. Their fees differ too: 0.30% for GUSE and 0.50% for TDVG.