JSTC vs. GSWO

Last updated Jun 3, 2026

JSTC (Adasina Social Justice All Cap Global ETF) and GSWO (Goldman Sachs ActiveBeta World Equity ETF) are both Global Equities funds. JSTC is actively managed, while GSWO is passively managed. Over the past 3 years, JSTC returned 14.14%/yr vs 18.98%/yr for GSWO. Their correlation of 0.87 suggests significant overlap in exposure. JSTC charges 0.89%/yr vs 0.25%/yr for GSWO.

Performance

JSTC vs. GSWO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Adasina Social Justice All Cap Global ETF (JSTC) 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, JSTC achieves a 11.04% return, which is significantly lower than GSWO's 11.80% return.

JSTC

• 1D: 0.18%
• 1M: 5.97%
• YTD: 11.04%
• 6M: 12.18%
• 1Y: 18.64%
• 3Y*: 14.14%
• 5Y*: 6.65%
• 10Y*: —

GSWO

• 1D: 0.26%
• 1M: 5.03%
• YTD: 11.80%
• 6M: 12.34%
• 1Y: 21.17%
• 3Y*: 18.98%
• 5Y*: —
• 10Y*: —

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

JSTC vs. GSWO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
JSTC Adasina Social Justice All Cap Global ETF	11.04%	12.02%	8.96%	15.67%	-10.05%
GSWO Goldman Sachs ActiveBeta World Equity ETF	11.80%	18.97%	15.29%	16.28%	-6.15%

Correlation

The correlation between JSTC and GSWO is 0.83, 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	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (All Time) Calculated using the full available price history since Mar 18, 2022	0.87

The correlation between JSTC and GSWO has been stable across timeframes, ranging from 0.83 to 0.87 - a consistent structural relationship.

Return for Risk

JSTC vs. GSWO — Risk / Return Rank

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

JSTC

JSTC Risk / Return Rank: 40
JSTC Sharpe Ratio Rank: 39
JSTC Sortino Ratio Rank: 39
JSTC Omega Ratio Rank: 37
JSTC Calmar Ratio Rank: 38
JSTC Martin Ratio Rank: 46

GSWO

GSWO Risk / Return Rank: 58
GSWO Sharpe Ratio Rank: 58
GSWO Sortino Ratio Rank: 61
GSWO Omega Ratio Rank: 59
GSWO Calmar Ratio Rank: 48
GSWO Martin Ratio Rank: 64

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.

JSTC vs. GSWO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Adasina Social Justice All Cap Global ETF (JSTC) 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.

	JSTC	GSWO	Difference
Sharpe ratio Return per unit of total volatility	1.40	1.98	-0.58
Sortino ratio Return per unit of downside risk	2.04	2.91	-0.87
Omega ratio Gain probability vs. loss probability	1.25	1.37	-0.12
Calmar ratio Return relative to maximum drawdown	1.91	2.44	-0.53
Martin ratio Return relative to average drawdown	7.80	11.72	-3.92
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JSTC vs. GSWO - Sharpe Ratio Comparison

The current JSTC Sharpe Ratio is 1.40, which is comparable to the GSWO Sharpe Ratio of 1.98. The chart below compares the historical Sharpe Ratios of JSTC and GSWO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JSTC	GSWO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.40	1.98	-0.58
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.42	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	1.01	-0.46

Drawdowns

JSTC vs. GSWO - Drawdown Comparison

The maximum JSTC drawdown since its inception was -26.82%, which is greater than GSWO's maximum drawdown of -17.77%. Use the drawdown chart below to compare losses from any high point for JSTC and GSWO.

Drawdown Indicators

	JSTC	GSWO	Difference
Max Drawdown Largest peak-to-trough decline	-26.82%	-17.77%	-9.05%
Max Drawdown (1Y) Largest decline over 1 year	-9.93%	-8.93%	-1.00%
Max Drawdown (3Y) Largest decline over 3 years	-16.72%	-9.97%	-6.75%
Max Drawdown (5Y) Largest decline over 5 years	-26.82%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-6.60%	-3.25%	-3.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.44%	1.86%	+0.58%

Volatility

JSTC vs. GSWO - Volatility Comparison

Adasina Social Justice All Cap Global ETF (JSTC) has a higher volatility of 4.30% compared to Goldman Sachs ActiveBeta World Equity ETF (GSWO) at 3.16%. This indicates that JSTC's price experiences larger fluctuations and is considered to be riskier than GSWO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JSTC	GSWO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.30%	3.16%	+1.14%
Volatility (6M) Calculated over the trailing 6-month period	10.71%	9.01%	+1.70%
Volatility (1Y) Calculated over the trailing 1-year period	13.35%	10.73%	+2.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.95%	12.96%	+2.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.76%	12.96%	+2.80%

JSTC vs. GSWO - Expense Ratio Comparison

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

Dividends

JSTC vs. GSWO - Dividend Comparison

JSTC's dividend yield for the trailing twelve months is around 1.21%, less than GSWO's 1.60% yield.

Position	TTM	2025	2024	2023	2022	2021
GSWO Goldman Sachs ActiveBeta World Equity ETF	1.60%	1.74%	1.75%	2.06%	1.73%	0.00%
JSTC Adasina Social Justice All Cap Global ETF	1.21%	1.34%	1.11%	1.03%	0.83%	0.96%

Frequently Asked Questions

Can I hold both JSTC and GSWO in my portfolio?

JSTC and GSWO have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JSTC or GSWO?

JSTC has higher volatility (4.30%) compared to GSWO (3.16%). In terms of maximum drawdown, JSTC dropped -26.82% vs GSWO's -17.77%.

Which ETF is better, JSTC or GSWO?

On 3-year performance, GSWO leads with 18.98% vs 14.14% for JSTC. On fees, GSWO is cheaper at 0.25% per year. On volatility, GSWO has been the lower-risk option at 3.16%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JSTC or GSWO?

Over the 3-year period, GSWO has performed better with a 18.98% return vs 14.14%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JSTC or GSWO?

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

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

GSWO has the higher dividend yield at 1.60%, compared with 1.21% for JSTC.

What is the main difference between JSTC and GSWO?

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

Which has better risk-adjusted returns?

GSWO currently has the higher Sharpe Ratio (1.98 vs 1.40), 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.