IFLR vs. GSWO

Last updated Jun 4, 2026

IFLR (Innovator International Developed Managed Floor ETF) and GSWO (Goldman Sachs ActiveBeta World Equity ETF) are both Global Equities funds. IFLR is actively managed, while GSWO is passively managed. Their correlation of 0.81 suggests significant overlap in exposure. IFLR charges 0.89%/yr vs 0.25%/yr for GSWO.

Performance

IFLR vs. GSWO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator International Developed Managed Floor ETF (IFLR) and Goldman Sachs ActiveBeta World Equity ETF (GSWO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IFLR achieves a 4.93% return, which is significantly lower than GSWO's 11.00% return.

IFLR

• 1D: -0.55%
• 1M: 3.67%
• YTD: 4.93%
• 6M: 7.25%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GSWO

• 1D: -0.71%
• 1M: 4.81%
• YTD: 11.00%
• 6M: 11.56%
• 1Y: 20.17%
• 3Y*: 18.70%
• 5Y*: —
• 10Y*: —

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

IFLR vs. GSWO - Yearly Performance Comparison

	2026 (YTD)	2025
IFLR Innovator International Developed Managed Floor ETF	4.93%	4.20%
GSWO Goldman Sachs ActiveBeta World Equity ETF	11.00%	3.88%

Correlation

The correlation between IFLR and GSWO is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 21, 2025	0.81

Return for Risk

IFLR vs. GSWO — Risk / Return Rank

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

GSWO

GSWO Risk / Return Rank: 56
GSWO Sharpe Ratio Rank: 55
GSWO Sortino Ratio Rank: 59
GSWO Omega Ratio Rank: 56
GSWO Calmar Ratio Rank: 46
GSWO Martin Ratio Rank: 61

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.

IFLR vs. GSWO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator International Developed Managed Floor ETF (IFLR) and Goldman Sachs ActiveBeta World Equity ETF (GSWO). 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.

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

Sharpe Ratios by Period

	IFLR	GSWO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.88	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.43	0.99	+0.43

Drawdowns

IFLR vs. GSWO - Drawdown Comparison

The maximum IFLR drawdown since its inception was -9.58%, smaller than the maximum GSWO drawdown of -17.77%. Use the drawdown chart below to compare losses from any high point for IFLR and GSWO.

Drawdown Indicators

	IFLR	GSWO	Difference
Max Drawdown Largest peak-to-trough decline	-9.58%	-17.77%	+8.19%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.93%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-9.97%	—
Current Drawdown Current decline from peak	-2.65%	-0.71%	-1.94%
Average Drawdown Average peak-to-trough decline	-2.75%	-3.25%	+0.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.86%	—

Volatility

Volatility by Period

	IFLR	GSWO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.22%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.02%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.07%	10.75%	+2.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.07%	12.96%	+0.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.07%	12.96%	+0.11%

IFLR vs. GSWO - Expense Ratio Comparison

IFLR has a 0.89% expense ratio, which is higher than GSWO's 0.25% expense ratio.

Dividends

IFLR vs. GSWO - Dividend Comparison

IFLR's dividend yield for the trailing twelve months is around 0.28%, less than GSWO's 1.61% yield.

Position	TTM	2025	2024	2023	2022
GSWO Goldman Sachs ActiveBeta World Equity ETF	1.61%	1.74%	1.75%	2.06%	1.73%
IFLR Innovator International Developed Managed Floor ETF	0.28%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IFLR and GSWO in my portfolio?

IFLR and GSWO have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IFLR or GSWO?

On fees, GSWO is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IFLR or GSWO?

GSWO is cheaper with a 0.25% expense ratio, compared with 0.89% for IFLR.

Which ETF pays a higher dividend yield, IFLR or GSWO?

GSWO has the higher dividend yield at 1.61%, compared with 0.28% for IFLR.

What is the main difference between IFLR and GSWO?

They also come from different issuers: Innovator and Goldman Sachs. Their fees differ too: 0.89% for IFLR and 0.25% for GSWO.