GXUS vs. GSIE
GXUS (Goldman Sachs MarketBeta(R) Total International Equity ETF) and GSIE (Goldman Sachs ActiveBeta International Equity ETF) are both Foreign Large Cap Equities funds from Goldman Sachs - GXUS tracks the Solactive GBS Global Markets ex United States Large & Mid Cap Index - Benchmark TR Net while GSIE tracks the Goldman Sachs ActiveBeta International Equity Index. Both are passively managed. Over the past 3 years, GXUS returned 18.76%/yr vs 18.23%/yr for GSIE. Their correlation of 0.89 means they have usually moved in the same direction. GXUS charges 0.18%/yr vs 0.25%/yr for GSIE.
Performance
GXUS vs. GSIE - Performance Comparison
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Returns By Period
In the year-to-date period, GXUS achieves a 16.78% return, which is significantly higher than GSIE's 12.73% return.
GXUS
- 1D
- 1.82%
- 1M
- 2.94%
- 6M
- 9.60%
- YTD
- 16.78%
- 1Y
- 29.85%
- 3Y*
- 18.76%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 18.42%
GSIE
- 1D
- 0.78%
- 1M
- 3.63%
- 6M
- 7.59%
- YTD
- 12.73%
- 1Y
- 24.12%
- 3Y*
- 18.23%
- 5Y*
- 9.07%
- 10Y*
- 9.65%
- ALL TIME*
- 9.14%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $17.51M | $18.00M | $20.33M | |
| $81.19K | $314.40K | $132.80K |
GXUS vs. GSIE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
GXUS Goldman Sachs MarketBeta(R) Total International Equity ETF | 16.78% | 31.47% | 4.61% | 6.23% |
GSIE Goldman Sachs ActiveBeta International Equity ETF | 12.73% | 32.53% | 5.23% | 6.91% |
Correlation
The correlation between GXUS and GSIE is 0.89, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.89 |
Correlation (3Y) Balances recent behavior with more history. | 0.89 |
Correlation (All Time) Calculated using the full available price history since Jun 7, 2023 | 0.89 |
The correlation between GXUS and GSIE has been stable across timeframes, ranging from 0.89 to 0.89 - a consistent structural relationship.
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Return for Risk
GXUS vs. GSIE — Risk / Return Rank
GXUS
GSIE
GXUS vs. GSIE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs MarketBeta(R) Total International Equity ETF (GXUS) and Goldman Sachs ActiveBeta International Equity ETF (GSIE). 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.
| GXUS | GSIE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.30 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.62 | 2.25 | +0.36 |
| Martin ratioReturn relative to average drawdown | 9.79 | 8.63 | +1.17 |
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Drawdowns
GXUS vs. GSIE - Drawdown Comparison
The maximum GXUS drawdown since its inception was -13.90%, smaller than the maximum GSIE drawdown of -34.63%. Use the drawdown chart below to compare losses from any high point for GXUS and GSIE.
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Drawdown Indicators
| GXUS | GSIE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.90% | -34.63% | +20.73% |
Max Drawdown (1Y)Largest decline over 1 year | -11.46% | -10.76% | -0.70% |
Max Drawdown (3Y)Largest decline over 3 years | -13.90% | -13.07% | -0.83% |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.97% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.63% | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -2.78% | -5.98% | +3.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.06% | 2.80% | +0.26% |
Volatility
GXUS vs. GSIE - Volatility Comparison
Goldman Sachs MarketBeta(R) Total International Equity ETF (GXUS) has a higher volatility of 5.19% compared to Goldman Sachs ActiveBeta International Equity ETF (GSIE) at 3.98%. This indicates that GXUS's price experiences larger fluctuations and is considered to be riskier than GSIE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GXUS | GSIE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.19% | 3.98% | +1.21% |
Volatility (6M)Calculated over the trailing 6-month period | 15.23% | 12.43% | +2.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.15% | 14.57% | +2.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.59% | 16.13% | -0.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.59% | 16.51% | -0.92% |
GXUS vs. GSIE - Expense Ratio Comparison
GXUS has a 0.18% expense ratio, which is lower than GSIE's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
GXUS vs. GSIE - Dividend Comparison
GXUS's dividend yield for the trailing twelve months is around 2.25%, less than GSIE's 2.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSIE Goldman Sachs ActiveBeta International Equity ETF | 2.47% | 2.65% | 3.11% | 2.87% | 3.01% | 2.40% | 1.60% | 2.80% | 2.68% | 2.31% | 2.15% | 0.13% |
GXUS Goldman Sachs MarketBeta(R) Total International Equity ETF | 2.25% | 2.66% | 2.87% | 1.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GXUS and GSIE have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GXUS has higher volatility (5.19%) compared to GSIE (3.98%). In terms of maximum drawdown, GXUS dropped -13.90% vs GSIE's -34.63%.
On 3-year performance, GXUS leads with 18.76% vs 18.23% for GSIE. On fees, GXUS is cheaper at 0.18% per year. On volatility, GSIE has been the lower-risk option at 3.98%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, GXUS has performed better with a 18.76% return vs 18.23%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GXUS is cheaper with a 0.18% expense ratio, compared with 0.25% for GSIE.
GSIE has the higher dividend yield at 2.47%, compared with 2.25% for GXUS.
GXUS tracks Solactive GBS Global Markets ex United States Large & Mid Cap Index - Benchmark TR Net, while GSIE tracks Goldman Sachs ActiveBeta International Equity Index. Their fees differ too: 0.18% for GXUS and 0.25% for GSIE.
GXUS currently has the higher Sharpe Ratio (1.75 vs 1.67), 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.
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