GVUS vs. MDLV

Last updated Apr 2, 2026

Compare and contrast key facts about Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) and Morgan Dempsey Large Cap Value ETF (MDLV).

GVUS and MDLV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GVUS is a passively managed fund by Goldman Sachs that tracks the performance of the Russell 1000 Value 40 Act Daily Capped Index - Benchmark TR Gross. It was launched on Nov 28, 2023. MDLV is an actively managed fund by Morgan Dempsey. It was launched on Apr 25, 2023.

Performance

GVUS vs. MDLV - 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 Morgan Dempsey Large Cap Value ETF (MDLV). The values are adjusted to include any dividend payments, if applicable.

GVUS vs. MDLV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
GVUS Goldman Sachs MarketBeta Russell 1000 Value Equity ETF	2.54%	15.90%	14.08%	5.51%
MDLV Morgan Dempsey Large Cap Value ETF	6.85%	13.30%	10.16%	3.22%

Returns By Period

In the year-to-date period, GVUS achieves a 2.54% return, which is significantly lower than MDLV's 6.85% return.

GVUS

• 1D: 0.59%
• 1M: -4.19%
• YTD: 2.54%
• 6M: 6.39%
• 1Y: 16.45%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MDLV

• 1D: -0.33%
• 1M: -2.85%
• YTD: 6.85%
• 6M: 9.30%
• 1Y: 14.14%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GVUS vs. MDLV - Expense Ratio Comparison

GVUS has a 0.12% expense ratio, which is lower than MDLV's 0.58% expense ratio.

MDLV

Morgan Dempsey Large Cap Value ETF

GVUS

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF

Return for Risk

GVUS vs. MDLV — Risk / Return Rank

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

GVUS

GVUS Risk / Return Rank: 54
GVUS Sharpe Ratio Rank: 54
GVUS Sortino Ratio Rank: 54
GVUS Omega Ratio Rank: 58
GVUS Calmar Ratio Rank: 45
GVUS Martin Ratio Rank: 57

MDLV

MDLV Risk / Return Rank: 58
MDLV Sharpe Ratio Rank: 63
MDLV Sortino Ratio Rank: 60
MDLV Omega Ratio Rank: 61
MDLV Calmar Ratio Rank: 49
MDLV Martin Ratio Rank: 57

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. MDLV - 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 Morgan Dempsey Large Cap Value ETF (MDLV). 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.

	GVUS	MDLV	Difference
Sharpe ratio Return per unit of total volatility	1.05	1.19	-0.15
Sortino ratio Return per unit of downside risk	1.51	1.63	-0.11
Omega ratio Gain probability vs. loss probability	1.23	1.24	-0.01
Calmar ratio Return relative to maximum drawdown	1.35	1.46	-0.11
Martin ratio Return relative to average drawdown	6.43	6.39	+0.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GVUS vs. MDLV - Sharpe Ratio Comparison

The current GVUS Sharpe Ratio is 1.05, which is comparable to the MDLV Sharpe Ratio of 1.19. The chart below compares the historical Sharpe Ratios of GVUS and MDLV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GVUS	MDLV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.05	1.19	-0.15
Sharpe Ratio (All Time) Calculated using the full available price history	1.25	1.01	+0.24

Correlation

The correlation between GVUS and MDLV is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

GVUS vs. MDLV - Dividend Comparison

GVUS's dividend yield for the trailing twelve months is around 1.76%, less than MDLV's 2.89% yield.

	TTM	2025	2024	2023
GVUS Goldman Sachs MarketBeta Russell 1000 Value Equity ETF	1.76%	1.77%	2.04%	0.00%
MDLV Morgan Dempsey Large Cap Value ETF	2.89%	3.00%	2.78%	2.35%

Drawdowns

GVUS vs. MDLV - Drawdown Comparison

The maximum GVUS drawdown since its inception was -15.82%, which is greater than MDLV's maximum drawdown of -10.71%. Use the drawdown chart below to compare losses from any high point for GVUS and MDLV.

Drawdown Indicators

	GVUS	MDLV	Difference
Max Drawdown Largest peak-to-trough decline	-15.82%	-10.71%	-5.11%
Max Drawdown (1Y) Largest decline over 1 year	-12.00%	-9.55%	-2.45%
Current Drawdown Current decline from peak	-4.23%	-2.85%	-1.38%
Average Drawdown Average peak-to-trough decline	-2.11%	-2.34%	+0.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.53%	2.22%	+0.31%

Volatility

GVUS vs. MDLV - Volatility Comparison

Goldman Sachs MarketBeta Russell 1000 Value Equity ETF (GVUS) has a higher volatility of 4.26% compared to Morgan Dempsey Large Cap Value ETF (MDLV) at 2.47%. This indicates that GVUS's price experiences larger fluctuations and is considered to be riskier than MDLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GVUS	MDLV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.26%	2.47%	+1.79%
Volatility (6M) Calculated over the trailing 6-month period	8.34%	6.50%	+1.84%
Volatility (1Y) Calculated over the trailing 1-year period	15.80%	11.89%	+3.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.41%	10.55%	+2.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.41%	10.55%	+2.86%