IGM vs. GTEK

Last updated Jul 15, 2026

IGM (iShares Expanded Tech Sector ETF) and GTEK (Goldman Sachs Future Tech Leaders Equity ETF) are both Technology Equities funds. IGM is passively managed, while GTEK is actively managed. Over the past 3 years, IGM returned 33.84%/yr vs 30.01%/yr for GTEK. Their correlation of 0.90 suggests significant overlap in exposure. IGM charges 0.39%/yr vs 0.75%/yr for GTEK.

Performance

IGM vs. GTEK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Expanded Tech Sector ETF (IGM) and Goldman Sachs Future Tech Leaders Equity ETF (GTEK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IGM achieves a 24.02% return, which is significantly lower than GTEK's 43.93% return.

IGM

• 1D: 1.23%
• 1M: 0.48%
• 6M: 21.44%
• YTD: 24.02%
• 1Y: 42.19%
• 3Y*: 33.84%
• 5Y*: 19.00%
• 10Y*: 24.22%

GTEK

• 1D: 1.30%
• 1M: -2.07%
• 6M: 37.67%
• YTD: 43.93%
• 1Y: 61.00%
• 3Y*: 30.01%
• 5Y*: —
• 10Y*: —

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

IGM vs. GTEK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
IGM iShares Expanded Tech Sector ETF	24.02%	26.76%	36.99%	60.68%	-35.83%	3.07%
GTEK Goldman Sachs Future Tech Leaders Equity ETF	43.93%	23.68%	15.94%	33.58%	-46.73%	-2.50%

Correlation

The correlation between IGM and GTEK is 0.87, 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	0.87
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (All Time) Calculated using the full available price history since Sep 16, 2021	0.90

The correlation between IGM and GTEK has been stable across timeframes, ranging from 0.87 to 0.90 - a consistent structural relationship.

IGM vs. GTEK - Sectors Allocation Comparison

Sectors	IGM	GTEK
Technology	84.7%	74.5%
Communication Services	14.5%	3.7%
Industrials	0.3%	8.1%
Financial Services	0.2%	1.2%
Energy	0.2%	-
Consumer Cyclical	0.0%	4.9%
Basic Materials	0.0%	3.4%
Consumer Defensive	-	-
Healthcare	-	1.1%
Real Estate	-	2.3%
Utilities	-	-

Return for Risk

IGM vs. GTEK — Risk / Return Rank

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

IGM

IGM Risk / Return Rank: 64
IGM Sharpe Ratio Rank: 71
IGM Sortino Ratio Rank: 64
IGM Omega Ratio Rank: 63
IGM Calmar Ratio Rank: 65
IGM Martin Ratio Rank: 59

GTEK

GTEK Risk / Return Rank: 82
GTEK Sharpe Ratio Rank: 82
GTEK Sortino Ratio Rank: 73
GTEK Omega Ratio Rank: 73
GTEK Calmar Ratio Rank: 94
GTEK Martin Ratio Rank: 90

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.

IGM vs. GTEK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Expanded Tech Sector ETF (IGM) and Goldman Sachs Future Tech Leaders Equity ETF (GTEK). 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.

	IGM	GTEK	Difference
Sharpe ratio: Return per unit of total volatility	1.81	2.06	-0.25
Sortino ratio: Return per unit of downside risk	2.35	2.61	-0.26
Omega ratio: Gain probability vs. loss probability	1.30	1.34	-0.04
Calmar ratio: Return relative to maximum drawdown	2.58	5.51	-2.93
Martin ratio: Return relative to average drawdown	8.17	16.03	-7.86

IGM vs. GTEK - Sharpe Ratio Comparison

The current IGM Sharpe Ratio is 1.81, which is comparable to the GTEK Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of IGM and GTEK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IGM vs. GTEK - Drawdown Comparison

The maximum IGM drawdown since its inception was -65.59%, which is greater than GTEK's maximum drawdown of -53.77%. Use the drawdown chart below to compare losses from any high point for IGM and GTEK.

Drawdown Indicators

	IGM	GTEK	Difference
Max Drawdown Largest peak-to-trough decline	-65.59%	-53.77%	-11.82%
Max Drawdown (1Y) Largest decline over 1 year	-16.44%	-11.13%	-5.31%
Max Drawdown (3Y) Largest decline over 3 years	-26.39%	-27.49%	+1.10%
Max Drawdown (5Y) Largest decline over 5 years	-40.68%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-40.68%	—	—
Current Drawdown Current decline from peak	-6.35%	-8.53%	+2.18%
Average Drawdown Average peak-to-trough decline	-15.19%	-26.98%	+11.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.18%	3.82%	+1.36%

Volatility

IGM vs. GTEK - Volatility Comparison

The current volatility for iShares Expanded Tech Sector ETF (IGM) is 9.38%, while Goldman Sachs Future Tech Leaders Equity ETF (GTEK) has a volatility of 11.82%. This indicates that IGM experiences smaller price fluctuations and is considered to be less risky than GTEK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IGM	GTEK	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.38%	11.82%	-2.44%
Volatility (6M) Calculated over the trailing 6-month period	19.56%	26.11%	-6.55%
Volatility (1Y) Calculated over the trailing 1-year period	23.43%	29.70%	-6.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.21%	28.82%	-2.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.76%	28.82%	-4.06%

IGM vs. GTEK - Expense Ratio Comparison

IGM has a 0.39% expense ratio, which is lower than GTEK's 0.75% expense ratio.

Dividends

IGM vs. GTEK - Dividend Comparison

IGM's dividend yield for the trailing twelve months is around 0.14%, while GTEK has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GTEK Goldman Sachs Future Tech Leaders Equity ETF	0.00%	0.00%	0.00%	0.26%	0.03%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IGM iShares Expanded Tech Sector ETF	0.14%	0.17%	0.22%	0.33%	0.66%	0.16%	0.32%	0.50%	0.57%	0.57%	0.90%	0.79%

Frequently Asked Questions

Can I hold both IGM and GTEK in my portfolio?

IGM and GTEK have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IGM or GTEK?

GTEK has higher volatility (11.82%) compared to IGM (9.38%). In terms of maximum drawdown, IGM dropped -65.59% vs GTEK's -53.77%.

Which ETF is better, IGM or GTEK?

On 3-year performance, IGM leads with 33.84% vs 30.01% for GTEK. On fees, IGM is cheaper at 0.39% per year. On volatility, IGM has been the lower-risk option at 9.38%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IGM or GTEK?

Over the 3-year period, IGM has performed better with a 33.84% return vs 30.01%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IGM or GTEK?

IGM is cheaper with a 0.39% expense ratio, compared with 0.75% for GTEK.

Which ETF pays a higher dividend yield, IGM or GTEK?

IGM has the higher dividend yield at 0.14%, compared with 0.00% for GTEK.

What is the main difference between IGM and GTEK?

They also come from different issuers: iShares and Goldman Sachs. Their fees differ too: 0.39% for IGM and 0.75% for GTEK.

Which has better risk-adjusted returns?

GTEK currently has the higher Sharpe Ratio (2.06 vs 1.81), 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.