GVLE vs. BGIG

Last updated Aug 2, 2026

GVLE (Goldman Sachs Value Opportunities ETF) and BGIG (Bahl & Gaynor Income Growth ETF) are both Large Cap Value Equities funds. Both are actively managed. Their 0.69 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.45% expense ratio.

Performance

GVLE vs. BGIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Value Opportunities ETF (GVLE) and Bahl & Gaynor Income Growth ETF (BGIG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GVLE achieves a 18.84% return, which is significantly higher than BGIG's 14.06% return.

GVLE

• 1D: 2.16%
• 1M: 2.61%
• 6M: 16.20%
• YTD: 18.84%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

BGIG

• 1D: 0.22%
• 1M: 1.70%
• 6M: 10.58%
• YTD: 14.06%
• 1Y: 21.92%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 16.54%

*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)
BGIG Bahl & Gaynor Income Growth ETF	$4.13M	$3.60M	$4.30M
GVLE Goldman Sachs Value Opportunities ETF	$50.89K	$151.90K	$80.35K

GVLE vs. BGIG - Yearly Performance Comparison

	2026 (YTD)	2025
GVLE Goldman Sachs Value Opportunities ETF	18.84%	4.29%
BGIG Bahl & Gaynor Income Growth ETF	14.06%	0.70%

Correlation

The correlation between GVLE and BGIG is 0.69, 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	0.69

Return for Risk

GVLE vs. BGIG — Risk / Return Rank

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

GVLE

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

BGIG

BGIG Risk / Return Rank: 91
BGIG Sharpe Ratio Rank: 92
BGIG Sortino Ratio Rank: 92
BGIG Omega Ratio Rank: 91
BGIG Calmar Ratio Rank: 89
BGIG Martin Ratio Rank: 90

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.

GVLE vs. BGIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Value Opportunities ETF (GVLE) and Bahl & Gaynor Income Growth ETF (BGIG). 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.

	GVLE	BGIG	Difference
Sharpe ratio: Return per unit of total volatility	—	2.41	—
Sortino ratio: Return per unit of downside risk	—	3.45	—
Omega ratio: Gain probability vs. loss probability	—	1.43	—
Calmar ratio: Return relative to maximum drawdown	—	3.69	—
Martin ratio: Return relative to average drawdown	—	14.43	—

Drawdowns

GVLE vs. BGIG - Drawdown Comparison

The maximum GVLE drawdown since its inception was -7.88%, smaller than the maximum BGIG drawdown of -13.24%. Use the drawdown chart below to compare losses from any high point for GVLE and BGIG.

Drawdown Indicators

	GVLE	BGIG	Difference
Max Drawdown Largest peak-to-trough decline	-7.88%	-13.24%	+5.36%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.81%	—
Current Drawdown Current decline from peak	0.00%	-0.08%	+0.08%
Average Drawdown Average peak-to-trough decline	-1.16%	-1.69%	+0.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.48%	—

Volatility

Volatility by Period

	GVLE	BGIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.07%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.73%	—
Volatility (1Y) Calculated over the trailing 1-year period	14.05%	8.95%	+5.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.05%	11.75%	+2.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.05%	11.75%	+2.30%

GVLE vs. BGIG - Expense Ratio Comparison

Both GVLE and BGIG have an expense ratio of 0.45%.

Dividends

GVLE vs. BGIG - Dividend Comparison

GVLE's dividend yield for the trailing twelve months is around 0.98%, less than BGIG's 1.69% yield.

Position	TTM	2025	2024	2023
BGIG Bahl & Gaynor Income Growth ETF	1.69%	1.89%	2.02%	0.78%
GVLE Goldman Sachs Value Opportunities ETF	0.98%	1.16%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GVLE and BGIG in my portfolio?

GVLE and BGIG have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GVLE or BGIG?

Both ETFs have the same 0.45% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GVLE or BGIG?

GVLE and BGIG have the same expense ratio: 0.45% per year.

Which ETF pays a higher dividend yield, GVLE or BGIG?

BGIG has the higher dividend yield at 1.69%, compared with 0.98% for GVLE.

What is the main difference between GVLE and BGIG?

They also come from different issuers: Goldman Sachs and Bahl & Gaynor.