IXN vs. GTEK

Last updated Jul 14, 2026

IXN (iShares Global Tech ETF) and GTEK (Goldman Sachs Future Tech Leaders Equity ETF) are both Technology Equities funds. IXN is passively managed, while GTEK is actively managed. Over the past 3 years, IXN returned 30.17%/yr vs 29.45%/yr for GTEK. Their correlation of 0.87 suggests significant overlap in exposure. IXN charges 0.46%/yr vs 0.75%/yr for GTEK.

Performance

IXN vs. GTEK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Global Tech ETF (IXN) 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, IXN achieves a 30.32% return, which is significantly lower than GTEK's 42.08% return.

IXN

• 1D: -2.88%
• 1M: -2.07%
• 6M: 26.96%
• YTD: 30.32%
• 1Y: 48.08%
• 3Y*: 30.17%
• 5Y*: 19.46%
• 10Y*: 24.21%

GTEK

• 1D: -4.38%
• 1M: -3.33%
• 6M: 34.40%
• YTD: 42.08%
• 1Y: 59.49%
• 3Y*: 29.45%
• 5Y*: —
• 10Y*: —

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

IXN vs. GTEK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
IXN iShares Global Tech ETF	30.32%	25.25%	24.84%	52.98%	-29.86%	7.29%
GTEK Goldman Sachs Future Tech Leaders Equity ETF	42.08%	23.68%	15.94%	33.58%	-46.73%	-2.50%

Correlation

The correlation between IXN 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	0.85
Correlation (All Time) Calculated using the full available price history since Sep 16, 2021	0.87

The correlation between IXN and GTEK has been stable across timeframes, ranging from 0.85 to 0.87 - a consistent structural relationship.

IXN vs. GTEK - Sectors Allocation Comparison

Sectors	IXN	GTEK
Technology	99.3%	74.5%
Industrials	0.1%	8.1%
Healthcare	0.1%	1.1%
Energy	0.1%	-
Real Estate	0.0%	2.3%
Basic Materials	-	3.4%
Communication Services	-	3.7%
Consumer Cyclical	-	4.9%
Consumer Defensive	-	-
Financial Services	-	1.2%
Utilities	-	-

Return for Risk

IXN vs. GTEK — Risk / Return Rank

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

IXN

IXN Risk / Return Rank: 71
IXN Sharpe Ratio Rank: 73
IXN Sortino Ratio Rank: 64
IXN Omega Ratio Rank: 66
IXN Calmar Ratio Rank: 82
IXN Martin Ratio Rank: 72

GTEK

GTEK Risk / Return Rank: 81
GTEK Sharpe Ratio Rank: 80
GTEK Sortino Ratio Rank: 71
GTEK Omega Ratio Rank: 71
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.

IXN vs. GTEK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Tech ETF (IXN) 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.

	IXN	GTEK	Difference
Sharpe ratio: Return per unit of total volatility	1.85	2.01	-0.16
Sortino ratio: Return per unit of downside risk	2.37	2.56	-0.19
Omega ratio: Gain probability vs. loss probability	1.31	1.33	-0.02
Calmar ratio: Return relative to maximum drawdown	3.50	5.37	-1.87
Martin ratio: Return relative to average drawdown	10.57	15.79	-5.23

IXN vs. GTEK - Sharpe Ratio Comparison

The current IXN Sharpe Ratio is 1.85, which is comparable to the GTEK Sharpe Ratio of 2.01. The chart below compares the historical Sharpe Ratios of IXN 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

IXN vs. GTEK - Drawdown Comparison

The maximum IXN drawdown since its inception was -55.67%, roughly equal to the maximum GTEK drawdown of -53.77%. Use the drawdown chart below to compare losses from any high point for IXN and GTEK.

Drawdown Indicators

	IXN	GTEK	Difference
Max Drawdown Largest peak-to-trough decline	-55.67%	-53.77%	-1.90%
Max Drawdown (1Y) Largest decline over 1 year	-13.80%	-11.13%	-2.67%
Max Drawdown (3Y) Largest decline over 3 years	-25.55%	-27.49%	+1.94%
Max Drawdown (5Y) Largest decline over 5 years	-36.30%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-36.30%	—	—
Current Drawdown Current decline from peak	-8.62%	-9.70%	+1.08%
Average Drawdown Average peak-to-trough decline	-11.25%	-26.99%	+15.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.56%	3.78%	+0.78%

Volatility

IXN vs. GTEK - Volatility Comparison

iShares Global Tech ETF (IXN) and Goldman Sachs Future Tech Leaders Equity ETF (GTEK) have volatilities of 12.25% and 12.78%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IXN	GTEK	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.25%	12.78%	-0.53%
Volatility (6M) Calculated over the trailing 6-month period	22.67%	26.10%	-3.43%
Volatility (1Y) Calculated over the trailing 1-year period	26.17%	29.74%	-3.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.65%	28.82%	-3.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.74%	28.82%	-4.08%

IXN vs. GTEK - Expense Ratio Comparison

IXN has a 0.46% expense ratio, which is lower than GTEK's 0.75% expense ratio.

Dividends

IXN vs. GTEK - Dividend Comparison

IXN's dividend yield for the trailing twelve months is around 0.80%, 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%
IXN iShares Global Tech ETF	0.80%	1.04%	0.43%	0.55%	0.81%	0.58%	0.63%	1.06%	0.94%	0.93%	1.03%	1.12%

Frequently Asked Questions

Can I hold both IXN and GTEK in my portfolio?

IXN 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, IXN or GTEK?

GTEK has higher volatility (12.78%) compared to IXN (12.25%). In terms of maximum drawdown, IXN dropped -55.67% vs GTEK's -53.77%.

Which ETF is better, IXN or GTEK?

On 3-year performance, IXN leads with 30.17% vs 29.45% for GTEK. On fees, IXN is cheaper at 0.46% per year. On volatility, IXN has been the lower-risk option at 12.25%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IXN or GTEK?

Over the 3-year period, IXN has performed better with a 30.17% return vs 29.45%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IXN or GTEK?

IXN is cheaper with a 0.46% expense ratio, compared with 0.75% for GTEK.

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

IXN has the higher dividend yield at 0.80%, compared with 0.00% for GTEK.

What is the main difference between IXN and GTEK?

They also come from different issuers: iShares and Goldman Sachs. Their fees differ too: 0.46% for IXN and 0.75% for GTEK.

Which has better risk-adjusted returns?

GTEK currently has the higher Sharpe Ratio (2.01 vs 1.85), 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.