GVLE vs. DEW
GVLE (Goldman Sachs Value Opportunities ETF) and DEW (WisdomTree Global High Dividend Fund) are both Large Cap Value Equities funds. GVLE is actively managed, while DEW is passively managed. A 0.58 correlation means they provide meaningful diversification when combined. GVLE charges 0.45%/yr vs 0.58%/yr for DEW.
Performance
GVLE vs. DEW - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with GVLE having a 15.42% return and DEW slightly higher at 15.60%.
GVLE
- 1D
- -0.21%
- 1M
- 1.91%
- 6M
- 12.56%
- YTD
- 15.42%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DEW
- 1D
- 0.10%
- 1M
- 1.19%
- 6M
- 13.65%
- YTD
- 15.60%
- 1Y
- 25.07%
- 3Y*
- 18.80%
- 5Y*
- 12.11%
- 10Y*
- 9.29%
GVLE vs. DEW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GVLE Goldman Sachs Value Opportunities ETF | 15.42% | 4.29% |
DEW WisdomTree Global High Dividend Fund | 15.60% | 2.39% |
Correlation
The correlation between GVLE and DEW is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 17, 2025 | 0.58 |
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
GVLE vs. DEW — Risk / Return Rank
GVLE
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
DEW
GVLE vs. DEW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Value Opportunities ETF (GVLE) and WisdomTree Global High Dividend Fund (DEW). 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 | DEW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.46 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.97 | — |
| Martin ratioReturn relative to average drawdown | — | 15.55 | — |
Loading charts...
Drawdowns
GVLE vs. DEW - Drawdown Comparison
The maximum GVLE drawdown since its inception was -7.88%, smaller than the maximum DEW drawdown of -65.55%. Use the drawdown chart below to compare losses from any high point for GVLE and DEW.
Loading charts...
Drawdown Indicators
| GVLE | DEW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.88% | -65.55% | +57.67% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.34% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -11.80% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.86% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.77% | — |
Current DrawdownCurrent decline from peak | -0.70% | 0.00% | -0.70% |
Average DrawdownAverage peak-to-trough decline | -1.22% | -12.38% | +11.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.62% | — |
Volatility
GVLE vs. DEW - Volatility Comparison
Loading charts...
Volatility by Period
| GVLE | DEW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.82% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 7.40% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 13.95% | 9.74% | +4.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.95% | 12.95% | +1.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.95% | 15.37% | -1.42% |
GVLE vs. DEW - Expense Ratio Comparison
GVLE has a 0.45% expense ratio, which is lower than DEW's 0.58% expense ratio.
Dividends
GVLE vs. DEW - Dividend Comparison
GVLE's dividend yield for the trailing twelve months is around 1.01%, less than DEW's 3.22% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DEW WisdomTree Global High Dividend Fund | 3.22% | 3.71% | 4.02% | 4.55% | 3.82% | 3.55% | 4.10% | 3.74% | 4.17% | 3.18% | 3.42% | 4.32% |
GVLE Goldman Sachs Value Opportunities ETF | 1.01% | 1.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GVLE and DEW have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GVLE is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GVLE is cheaper with a 0.45% expense ratio, compared with 0.58% for DEW.
DEW has the higher dividend yield at 3.22%, compared with 1.01% for GVLE.
They also come from different issuers: Goldman Sachs and WisdomTree. Their fees differ too: 0.45% for GVLE and 0.58% for DEW.
Find the right allocation for GVLE and DEW
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