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NXTG vs. GINN
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

NXTG vs. GINN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust IndXX NextG ETF (NXTG) and Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, NXTG achieves a 35.27% return, which is significantly higher than GINN's 7.67% return.


NXTG

1D
-0.65%
1M
-2.13%
6M
28.42%
YTD
35.27%
1Y
53.55%
3Y*
28.09%
5Y*
15.88%
10Y*
15.78%
ALL TIME*
12.21%

GINN

1D
0.35%
1M
-0.47%
6M
5.92%
YTD
7.67%
1Y
19.29%
3Y*
16.60%
5Y*
6.09%
10Y*
ALL TIME*
8.69%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$126.11K$121.47K$212.21K
$1.58M$1.75M$2.16M

NXTG vs. GINN - Yearly Performance Comparison


2026 (YTD)202520242023202220212020
NXTG
First Trust IndXX NextG ETF
35.27%28.46%12.85%28.74%-24.70%21.81%9.84%
GINN
Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF
7.67%20.25%18.71%29.94%-32.40%10.39%8.08%

Correlation

The correlation between NXTG and GINN is 0.77, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.


Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.77

Correlation (3Y)
Balances recent behavior with more history.

0.81

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.84

Correlation (All Time)
Calculated using the full available price history since Nov 9, 2020

0.84

The correlation between NXTG and GINN has been stable across timeframes, ranging from 0.77 to 0.84 - a consistent structural relationship.

NXTG vs. GINN - Sectors Allocation Comparison


Sectors
NXTG
GINN

Technology

64.5%
33.0%

Communication Services

22.2%
9.6%

Industrials

6.5%
5.0%

Real Estate

6.4%
0.6%

Consumer Cyclical

0.5%
12.2%

Basic Materials

-

0.1%

Consumer Defensive

-

1.7%

Energy

-

1.3%

Financial Services

-

12.5%

Healthcare

-

22.0%

Utilities

-

1.7%

Technology

NXTG
64.5%
GINN
33.0%

Communication Services

NXTG
22.2%
GINN
9.6%

Industrials

NXTG
6.5%
GINN
5.0%

Real Estate

NXTG
6.4%
GINN
0.6%

Consumer Cyclical

NXTG
0.5%
GINN
12.2%

Basic Materials

NXTG

-

GINN
0.1%

Consumer Defensive

NXTG

-

GINN
1.7%

Energy

NXTG

-

GINN
1.3%

Financial Services

NXTG

-

GINN
12.5%

Healthcare

NXTG

-

GINN
22.0%

Utilities

NXTG

-

GINN
1.7%

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Return for Risk

NXTG vs. GINN — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

NXTG
NXTG Risk / Return Rank: 8787
Overall Rank
NXTG Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
NXTG Sortino Ratio Rank: 8888
Sortino Ratio Rank
NXTG Omega Ratio Rank: 8989
Omega Ratio Rank
NXTG Calmar Ratio Rank: 8787
Calmar Ratio Rank
NXTG Martin Ratio Rank: 8282
Martin Ratio Rank

GINN
GINN Risk / Return Rank: 4040
Overall Rank
GINN Sharpe Ratio Rank: 4141
Sharpe Ratio Rank
GINN Sortino Ratio Rank: 4141
Sortino Ratio Rank
GINN Omega Ratio Rank: 3939
Omega Ratio Rank
GINN Calmar Ratio Rank: 3737
Calmar Ratio Rank
GINN Martin Ratio Rank: 4141
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

NXTG vs. GINN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust IndXX NextG ETF (NXTG) and Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN). 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.


NXTGGINNDifference
Sharpe ratioReturn per unit of total volatility

+1.34

Sortino ratioReturn per unit of downside risk

+1.52

Omega ratioGain probability vs. loss probability

1.41

1.18

+0.22

Calmar ratioReturn relative to maximum drawdown

3.44

1.30

+2.14

Martin ratioReturn relative to average drawdown

10.87

4.43

+6.44

NXTG vs. GINN - Sharpe Ratio Comparison

The current NXTG Sharpe Ratio is 2.37, which is higher than the GINN Sharpe Ratio of 1.03. The chart below compares the historical Sharpe Ratios of NXTG and GINN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

NXTG vs. GINN - Drawdown Comparison

The maximum NXTG drawdown since its inception was -33.61%, smaller than the maximum GINN drawdown of -41.25%. Use the drawdown chart below to compare losses from any high point for NXTG and GINN.


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Drawdown Indicators


NXTGGINNDifference

Max Drawdown

Largest peak-to-trough decline

-33.61%

-41.25%

+7.64%

Max Drawdown (1Y)

Largest decline over 1 year

-15.41%

-13.18%

-2.23%

Max Drawdown (3Y)

Largest decline over 3 years

-17.75%

-22.25%

+4.50%

Max Drawdown (5Y)

Largest decline over 5 years

-33.61%

-41.25%

+7.64%

Max Drawdown (10Y)

Largest decline over 10 years

-33.61%

Current Drawdown

Current decline from peak

-13.19%

-2.51%

-10.68%

Average Drawdown

Average peak-to-trough decline

-7.93%

-13.09%

+5.16%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.87%

3.87%

+1.00%

Volatility

NXTG vs. GINN - Volatility Comparison

First Trust IndXX NextG ETF (NXTG) has a higher volatility of 6.84% compared to Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN) at 3.85%. This indicates that NXTG's price experiences larger fluctuations and is considered to be riskier than GINN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


NXTGGINNDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.84%

3.85%

+2.99%

Volatility (6M)

Calculated over the trailing 6-month period

19.89%

12.97%

+6.92%

Volatility (1Y)

Calculated over the trailing 1-year period

22.42%

16.66%

+5.76%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.80%

21.43%

-2.63%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.12%

20.94%

-1.82%

NXTG vs. GINN - Expense Ratio Comparison

NXTG has a 0.70% expense ratio, which is higher than GINN's 0.50% expense ratio.


Dividends

NXTG vs. GINN - Dividend Comparison

NXTG's dividend yield for the trailing twelve months is around 1.27%, more than GINN's 1.17% yield.


PositionTTM20252024202320222021202020192018201720162015
GINN
Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF
1.17%1.26%1.26%1.01%0.69%0.67%0.07%0.00%0.00%0.00%0.00%0.00%
NXTG
First Trust IndXX NextG ETF
1.27%1.56%1.51%2.15%2.04%1.97%1.04%0.77%1.27%1.65%1.23%1.11%

Frequently Asked Questions


NXTG and GINN have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

NXTG has higher volatility (6.84%) compared to GINN (3.85%). In terms of maximum drawdown, NXTG dropped -33.61% vs GINN's -41.25%.

On 5-year performance, NXTG leads with 15.88% vs 6.09% for GINN. On fees, GINN is cheaper at 0.50% per year. On volatility, GINN has been the lower-risk option at 3.85%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, NXTG has performed better with a 15.88% return vs 6.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

GINN is cheaper with a 0.50% expense ratio, compared with 0.70% for NXTG.

NXTG has the higher dividend yield at 1.27%, compared with 1.17% for GINN.

NXTG tracks Indxx 5G & NextG Thematic Index, while GINN tracks Solactive Innovative Global Equity Index. They also come from different issuers: First Trust and Goldman Sachs. Their fees differ too: 0.70% for NXTG and 0.50% for GINN.

NXTG currently has the higher Sharpe Ratio (2.37 vs 1.03), 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.

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