GVUS vs. KWIN

Last updated Jul 14, 2026

GVUS (Goldman Sachs MarketBeta Russell 1000 Value Equity ETF) and KWIN (KraneShares Wahed Alternative Income Index ETF) are both Large Cap Value Equities funds - GVUS tracks the Russell 1000 Value 40 Act Daily Capped Index - Benchmark TR Gross while KWIN tracks the Wahed Alternative Income Index. Both are passively managed. At a 0.11 correlation, their price movements are largely independent. GVUS charges 0.12%/yr vs 0.51%/yr for KWIN.

Performance

GVUS vs. KWIN - 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 KraneShares Wahed Alternative Income Index ETF (KWIN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GVUS achieves a 18.52% return, which is significantly higher than KWIN's 1.59% return.

GVUS

• 1D: 0.28%
• 1M: 2.58%
• 6M: 14.63%
• YTD: 18.52%
• 1Y: 28.26%
• 3Y*: —
• 5Y*: —
• 10Y*: —

KWIN

• 1D: 0.06%
• 1M: 0.13%
• 6M: 1.08%
• YTD: 1.59%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GVUS vs. KWIN - Yearly Performance Comparison

	2026 (YTD)	2025
GVUS Goldman Sachs MarketBeta Russell 1000 Value Equity ETF	18.52%	4.29%
KWIN KraneShares Wahed Alternative Income Index ETF	1.59%	0.61%

Correlation

The correlation between GVUS and KWIN is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 5, 2025	0.11

Return for Risk

GVUS vs. KWIN — Risk / Return Rank

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

GVUS

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

KWIN

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

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. KWIN - 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 KraneShares Wahed Alternative Income Index ETF (KWIN). 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	KWIN	Difference
Sharpe ratio: Return per unit of total volatility	2.52	—	—
Sortino ratio: Return per unit of downside risk	3.56	—	—
Omega ratio: Gain probability vs. loss probability	1.46	—	—
Calmar ratio: Return relative to maximum drawdown	4.25	—	—
Martin ratio: Return relative to average drawdown	17.60	—	—

Drawdowns

GVUS vs. KWIN - Drawdown Comparison

The maximum GVUS drawdown since its inception was -15.82%, which is greater than KWIN's maximum drawdown of -1.50%. Use the drawdown chart below to compare losses from any high point for GVUS and KWIN.

Drawdown Indicators

	GVUS	KWIN	Difference
Max Drawdown Largest peak-to-trough decline	-15.82%	-1.50%	-14.32%
Max Drawdown (1Y) Largest decline over 1 year	-6.68%	—	—
Current Drawdown Current decline from peak	-0.08%	-1.44%	+1.36%
Average Drawdown Average peak-to-trough decline	-1.95%	-0.25%	-1.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.61%	—	—

Volatility

Volatility by Period

	GVUS	KWIN	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.55%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.62%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.28%	4.16%	+7.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.27%	4.16%	+9.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.27%	4.16%	+9.11%

GVUS vs. KWIN - Expense Ratio Comparison

GVUS has a 0.12% expense ratio, which is lower than KWIN's 0.51% expense ratio.

Dividends

GVUS vs. KWIN - Dividend Comparison

GVUS's dividend yield for the trailing twelve months is around 1.51%, while KWIN has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
GVUS Goldman Sachs MarketBeta Russell 1000 Value Equity ETF	1.51%	1.77%	2.04%	0.00%
KWIN KraneShares Wahed Alternative Income Index ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GVUS and KWIN in my portfolio?

GVUS and KWIN have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GVUS or KWIN?

On fees, GVUS is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GVUS or KWIN?

GVUS is cheaper with a 0.12% expense ratio, compared with 0.51% for KWIN.

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

GVUS has the higher dividend yield at 1.51%, compared with 0.00% for KWIN.

What is the main difference between GVUS and KWIN?

GVUS tracks Russell 1000 Value 40 Act Daily Capped Index - Benchmark TR Gross, while KWIN tracks Wahed Alternative Income Index. They also come from different issuers: Goldman Sachs and KraneShares. Their fees differ too: 0.12% for GVUS and 0.51% for KWIN.