ITEQ vs. GTEK

Last updated Jul 15, 2026

ITEQ (BlueStar Israel Technology ETF) and GTEK (Goldman Sachs Future Tech Leaders Equity ETF) are both Technology Equities funds. ITEQ is passively managed, while GTEK is actively managed. Over the past 3 years, ITEQ returned 12.43%/yr vs 30.01%/yr for GTEK. Their correlation of 0.85 suggests significant overlap in exposure. Both charge a 0.75% expense ratio.

Performance

ITEQ vs. GTEK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlueStar Israel Technology ETF (ITEQ) 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, ITEQ achieves a 14.85% return, which is significantly lower than GTEK's 43.93% return.

ITEQ

• 1D: 2.50%
• 1M: -0.33%
• 6M: 8.20%
• YTD: 14.85%
• 1Y: 21.95%
• 3Y*: 12.43%
• 5Y*: 0.23%
• 10Y*: 10.42%

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)

ITEQ vs. GTEK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ITEQ BlueStar Israel Technology ETF	14.85%	13.71%	11.70%	4.70%	-30.36%	-7.95%
GTEK Goldman Sachs Future Tech Leaders Equity ETF	43.93%	23.68%	15.94%	33.58%	-46.73%	-2.50%

Correlation

The correlation between ITEQ and GTEK is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.76
Correlation (3Y) Calculated over the trailing 3-year period	0.81
Correlation (All Time) Calculated using the full available price history since Sep 16, 2021	0.85

The correlation between ITEQ and GTEK has been stable across timeframes, ranging from 0.76 to 0.85 - a consistent structural relationship.

ITEQ vs. GTEK - Sectors Allocation Comparison

Sectors	ITEQ	GTEK
Technology	61.9%	74.5%
Industrials	11.6%	8.1%
Utilities	9.2%	-
Financial Services	5.4%	1.2%
Healthcare	4.5%	1.1%
Consumer Cyclical	3.3%	4.9%
Communication Services	2.0%	3.7%
Energy	1.4%	-
Basic Materials	-	3.4%
Consumer Defensive	-	-
Real Estate	-	2.3%

Return for Risk

ITEQ vs. GTEK — Risk / Return Rank

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

ITEQ

ITEQ Risk / Return Rank: 33
ITEQ Sharpe Ratio Rank: 30
ITEQ Sortino Ratio Rank: 30
ITEQ Omega Ratio Rank: 28
ITEQ Calmar Ratio Rank: 41
ITEQ Martin Ratio Rank: 34

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.

ITEQ vs. GTEK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlueStar Israel Technology ETF (ITEQ) 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.

	ITEQ	GTEK	Difference
Sharpe ratio: Return per unit of total volatility	0.91	2.06	-1.15
Sortino ratio: Return per unit of downside risk	1.38	2.61	-1.23
Omega ratio: Gain probability vs. loss probability	1.16	1.34	-0.18
Calmar ratio: Return relative to maximum drawdown	1.69	5.51	-3.82
Martin ratio: Return relative to average drawdown	4.25	16.03	-11.79

ITEQ vs. GTEK - Sharpe Ratio Comparison

The current ITEQ Sharpe Ratio is 0.91, which is lower than the GTEK Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of ITEQ 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

ITEQ vs. GTEK - Drawdown Comparison

The maximum ITEQ drawdown since its inception was -54.63%, roughly equal to the maximum GTEK drawdown of -53.77%. Use the drawdown chart below to compare losses from any high point for ITEQ and GTEK.

Drawdown Indicators

	ITEQ	GTEK	Difference
Max Drawdown Largest peak-to-trough decline	-54.63%	-53.77%	-0.86%
Max Drawdown (1Y) Largest decline over 1 year	-13.07%	-11.13%	-1.94%
Max Drawdown (3Y) Largest decline over 3 years	-26.78%	-27.49%	+0.71%
Max Drawdown (5Y) Largest decline over 5 years	-50.29%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-54.63%	—	—
Current Drawdown Current decline from peak	-14.91%	-8.53%	-6.38%
Average Drawdown Average peak-to-trough decline	-18.49%	-26.98%	+8.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.18%	3.82%	+1.36%

Volatility

ITEQ vs. GTEK - Volatility Comparison

The current volatility for BlueStar Israel Technology ETF (ITEQ) is 7.80%, while Goldman Sachs Future Tech Leaders Equity ETF (GTEK) has a volatility of 11.82%. This indicates that ITEQ 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

	ITEQ	GTEK	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.80%	11.82%	-4.02%
Volatility (6M) Calculated over the trailing 6-month period	19.45%	26.11%	-6.66%
Volatility (1Y) Calculated over the trailing 1-year period	24.11%	29.70%	-5.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.30%	28.82%	-3.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.51%	28.82%	-5.31%

ITEQ vs. GTEK - Expense Ratio Comparison

Both ITEQ and GTEK have an expense ratio of 0.75%.

Dividends

ITEQ vs. GTEK - Dividend Comparison

ITEQ's dividend yield for the trailing twelve months is around 0.74%, while GTEK has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
GTEK Goldman Sachs Future Tech Leaders Equity ETF	0.00%	0.00%	0.00%	0.26%	0.03%
ITEQ BlueStar Israel Technology ETF	0.74%	0.85%	0.01%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ITEQ and GTEK in my portfolio?

ITEQ and GTEK have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ITEQ or GTEK?

GTEK has higher volatility (11.82%) compared to ITEQ (7.80%). In terms of maximum drawdown, ITEQ dropped -54.63% vs GTEK's -53.77%.

Which ETF is better, ITEQ or GTEK?

On 3-year performance, GTEK leads with 30.01% vs 12.43% for ITEQ. Both ETFs have the same 0.75% expense ratio. On volatility, ITEQ has been the lower-risk option at 7.80%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ITEQ or GTEK?

Over the 3-year period, GTEK has performed better with a 30.01% return vs 12.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ITEQ or GTEK?

ITEQ and GTEK have the same expense ratio: 0.75% per year.

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

ITEQ has the higher dividend yield at 0.74%, compared with 0.00% for GTEK.

What is the main difference between ITEQ and GTEK?

They also come from different issuers: ETFMG and Goldman Sachs.

Which has better risk-adjusted returns?

GTEK currently has the higher Sharpe Ratio (2.06 vs 0.91), 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.