GVUS vs. FEGE

Last updated Jun 24, 2026

GVUS (Goldman Sachs MarketBeta Russell 1000 Value Equity ETF) and FEGE (First Eagle Global Equity ETF) are both Large Cap Value Equities funds. GVUS is passively managed, while FEGE is actively managed. Over the past year, GVUS returned 28.38% vs 23.54% for FEGE. A 0.77 correlation means they provide meaningful diversification when combined. GVUS charges 0.12%/yr vs 0.50%/yr for FEGE.

Performance

GVUS vs. FEGE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) and First Eagle Global Equity ETF (FEGE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GVUS achieves a 15.43% return, which is significantly higher than FEGE's 5.24% return.

GVUS

• 1D: -0.93%
• 1M: 2.38%
• YTD: 15.43%
• 6M: 14.79%
• 1Y: 28.38%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FEGE

• 1D: -0.82%
• 1M: -2.96%
• YTD: 5.24%
• 6M: 4.76%
• 1Y: 23.54%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GVUS vs. FEGE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
GVUS Goldman Sachs MarketBeta Russell 1000 Value Equity ETF	15.43%	15.90%	0.86%
FEGE First Eagle Global Equity ETF	5.24%	34.19%	-1.43%

Correlation

The correlation between GVUS and FEGE is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.78
Correlation (All Time) Calculated using the full available price history since Dec 20, 2024	0.77

The correlation between GVUS and FEGE has been stable across timeframes, ranging from 0.77 to 0.78 - a consistent structural relationship.

GVUS vs. FEGE - Sectors Allocation Comparison

Sectors	GVUS	FEGE
Technology	18.7%	16.1%
Financial Services	18.4%	11.6%
Industrials	12.6%	9.8%
Healthcare	10.6%	11.6%
Communication Services	8.1%	8.4%
Consumer Cyclical	7.2%	6.5%
Consumer Defensive	6.7%	14.8%
Energy	6.3%	8.2%
Utilities	4.0%	-
Real Estate	3.9%	3.9%
Basic Materials	3.6%	9.0%

Return for Risk

GVUS vs. FEGE — Risk / Return Rank

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

GVUS

GVUS Risk / Return Rank: 86
GVUS Sharpe Ratio Rank: 86
GVUS Sortino Ratio Rank: 88
GVUS Omega Ratio Rank: 84
GVUS Calmar Ratio Rank: 85
GVUS Martin Ratio Rank: 88

FEGE

FEGE Risk / Return Rank: 52
FEGE Sharpe Ratio Rank: 60
FEGE Sortino Ratio Rank: 56
FEGE Omega Ratio Rank: 54
FEGE Calmar Ratio Rank: 46
FEGE Martin Ratio Rank: 46

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.

GVUS vs. FEGE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) and First Eagle Global Equity ETF (FEGE). 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.

	GVUS	FEGE	Difference
Sharpe ratio: Return per unit of total volatility	2.54	1.86	+0.68
Sortino ratio: Return per unit of downside risk	3.57	2.51	+1.06
Omega ratio: Gain probability vs. loss probability	1.46	1.32	+0.14
Calmar ratio: Return relative to maximum drawdown	4.27	2.16	+2.11
Martin ratio: Return relative to average drawdown	17.63	7.24	+10.38

GVUS vs. FEGE - Sharpe Ratio Comparison

The current GVUS Sharpe Ratio is 2.54, which is higher than the FEGE Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of GVUS and FEGE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GVUS vs. FEGE - Drawdown Comparison

The maximum GVUS drawdown since its inception was -15.82%, which is greater than FEGE's maximum drawdown of -11.13%. Use the drawdown chart below to compare losses from any high point for GVUS and FEGE.

Drawdown Indicators

	GVUS	FEGE	Difference
Max Drawdown Largest peak-to-trough decline	-15.82%	-11.13%	-4.69%
Max Drawdown (1Y) Largest decline over 1 year	-6.68%	-10.96%	+4.28%
Current Drawdown Current decline from peak	-1.00%	-5.89%	+4.89%
Average Drawdown Average peak-to-trough decline	-1.98%	-1.79%	-0.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.61%	3.26%	-1.65%

Volatility

GVUS vs. FEGE - Volatility Comparison

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) and First Eagle Global Equity ETF (FEGE) have volatilities of 3.89% and 3.95%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GVUS	FEGE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.89%	3.95%	-0.06%
Volatility (6M) Calculated over the trailing 6-month period	8.65%	10.57%	-1.92%
Volatility (1Y) Calculated over the trailing 1-year period	11.24%	12.70%	-1.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.33%	14.69%	-1.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.33%	14.69%	-1.36%

GVUS vs. FEGE - Expense Ratio Comparison

GVUS has a 0.12% expense ratio, which is lower than FEGE's 0.50% expense ratio.

Dividends

GVUS vs. FEGE - Dividend Comparison

GVUS's dividend yield for the trailing twelve months is around 1.56%, more than FEGE's 1.22% yield.

Position	TTM	2025	2024	2023
FEGE First Eagle Global Equity ETF	1.22%	1.28%	0.00%	0.00%
GVUS Goldman Sachs MarketBeta Russell 1000 Value Equity ETF	1.56%	1.77%	2.04%	0.00%

Frequently Asked Questions

Can I hold both GVUS and FEGE in my portfolio?

GVUS and FEGE have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GVUS or FEGE?

FEGE has higher volatility (3.95%) compared to GVUS (3.89%). In terms of maximum drawdown, GVUS dropped -15.82% vs FEGE's -11.13%.

Which ETF is better, GVUS or FEGE?

On 1-year performance, GVUS leads with 28.38% vs 23.54% for FEGE. On fees, GVUS is cheaper at 0.12% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GVUS or FEGE?

Over the 1-year period, GVUS has performed better with a 28.38% return vs 23.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GVUS or FEGE?

GVUS is cheaper with a 0.12% expense ratio, compared with 0.50% for FEGE.

Which ETF pays a higher dividend yield, GVUS or FEGE?

GVUS has the higher dividend yield at 1.56%, compared with 1.22% for FEGE.

What is the main difference between GVUS and FEGE?

They also come from different issuers: Goldman Sachs and First Eagle. Their fees differ too: 0.12% for GVUS and 0.50% for FEGE.

Which has better risk-adjusted returns?

GVUS currently has the higher Sharpe Ratio (2.54 vs 1.86), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.