GXUS vs. PATN
GXUS (Goldman Sachs MarketBeta(R) Total International Equity ETF) and PATN (Pacer Nasdaq International Patent Leaders ETF) are both Foreign Large Cap Equities funds - GXUS tracks the Solactive GBS Global Markets ex United States Large & Mid Cap Index - Benchmark TR Net while PATN tracks the Nasdaq International Patent Leaders Index. Both are passively managed. Over the past year, GXUS returned 31.75% vs 73.16% for PATN. Their correlation of 0.85 suggests significant overlap in exposure. GXUS charges 0.18%/yr vs 0.65%/yr for PATN.
Performance
GXUS vs. PATN - Performance Comparison
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Returns By Period
In the year-to-date period, GXUS achieves a 14.90% return, which is significantly lower than PATN's 40.52% return.
GXUS
- 1D
- -0.98%
- 1M
- 5.14%
- YTD
- 14.90%
- 6M
- 17.66%
- 1Y
- 31.75%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PATN
- 1D
- -0.39%
- 1M
- 16.77%
- YTD
- 40.52%
- 6M
- 44.04%
- 1Y
- 73.16%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GXUS vs. PATN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
GXUS Goldman Sachs MarketBeta(R) Total International Equity ETF | 14.90% | 31.47% | -4.75% |
PATN Pacer Nasdaq International Patent Leaders ETF | 40.52% | 40.01% | -1.73% |
Correlation
The correlation between GXUS and PATN is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Sep 18, 2024 | 0.85 |
The correlation between GXUS and PATN has been stable across timeframes, ranging from 0.84 to 0.85 - a consistent structural relationship.
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Return for Risk
GXUS vs. PATN — Risk / Return Rank
GXUS
PATN
GXUS vs. PATN - 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 Pacer Nasdaq International Patent Leaders ETF (PATN). 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.
| GXUS | PATN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.52 | ||
| Sortino ratioReturn per unit of downside risk | -1.69 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.60 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 2.78 | 5.11 | -2.32 |
| Martin ratioReturn relative to average drawdown | 10.51 | 20.70 | -10.19 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GXUS | PATN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.95 | 3.47 | -1.52 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.25 | 2.28 | -1.03 |
Drawdowns
GXUS vs. PATN - Drawdown Comparison
The maximum GXUS drawdown since its inception was -13.90%, smaller than the maximum PATN drawdown of -16.77%. Use the drawdown chart below to compare losses from any high point for GXUS and PATN.
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Drawdown Indicators
| GXUS | PATN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.90% | -16.77% | +2.87% |
Max Drawdown (1Y)Largest decline over 1 year | -11.46% | -14.40% | +2.94% |
Current DrawdownCurrent decline from peak | -0.98% | -0.39% | -0.59% |
Average DrawdownAverage peak-to-trough decline | -2.80% | -3.15% | +0.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.03% | 3.55% | -0.52% |
Volatility
GXUS vs. PATN - Volatility Comparison
The current volatility for Goldman Sachs MarketBeta(R) Total International Equity ETF (GXUS) is 5.42%, while Pacer Nasdaq International Patent Leaders ETF (PATN) has a volatility of 8.84%. This indicates that GXUS experiences smaller price fluctuations and is considered to be less risky than PATN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GXUS | PATN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.42% | 8.84% | -3.42% |
Volatility (6M)Calculated over the trailing 6-month period | 13.11% | 18.16% | -5.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.33% | 21.18% | -4.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.22% | 20.85% | -5.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.22% | 20.85% | -5.63% |
GXUS vs. PATN - Expense Ratio Comparison
GXUS has a 0.18% expense ratio, which is lower than PATN's 0.65% expense ratio.
Dividends
GXUS vs. PATN - Dividend Comparison
GXUS's dividend yield for the trailing twelve months is around 2.19%, more than PATN's 1.60% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
GXUS Goldman Sachs MarketBeta(R) Total International Equity ETF | 2.19% | 2.66% | 2.87% | 1.28% |
PATN Pacer Nasdaq International Patent Leaders ETF | 1.60% | 2.25% | 0.30% | 0.00% |
Frequently Asked Questions
GXUS and PATN have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PATN has higher volatility (8.84%) compared to GXUS (5.42%). In terms of maximum drawdown, GXUS dropped -13.90% vs PATN's -16.77%.
On 1-year performance, PATN leads with 73.16% vs 31.75% for GXUS. On fees, GXUS is cheaper at 0.18% per year. On volatility, GXUS has been the lower-risk option at 5.42%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, PATN has performed better with a 73.16% return vs 31.75%. 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 0.65% for PATN.
GXUS has the higher dividend yield at 2.19%, compared with 1.60% for PATN.
GXUS tracks Solactive GBS Global Markets ex United States Large & Mid Cap Index - Benchmark TR Net, while PATN tracks Nasdaq International Patent Leaders Index. They also come from different issuers: Goldman Sachs and Pacer. Their fees differ too: 0.18% for GXUS and 0.65% for PATN.
PATN currently has the higher Sharpe Ratio (3.47 vs 1.95), 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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