PSCT vs. GINN

Last updated Jun 24, 2026

PSCT (Invesco S&P SmallCap Information Technology ETF) and GINN (Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF) are both Technology Equities funds - PSCT tracks the S&P SmallCap 600 Information Technology Index while GINN tracks the Solactive Innovative Global Equity Index. Both are passively managed. Over the past 5 years, PSCT returned 12.33%/yr vs 5.45%/yr for GINN. Their correlation of 0.84 suggests significant overlap in exposure. PSCT charges 0.29%/yr vs 0.50%/yr for GINN.

Performance

PSCT vs. GINN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P SmallCap Information Technology ETF (PSCT) and Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PSCT achieves a 49.75% return, which is significantly higher than GINN's 5.00% return.

PSCT

• 1D: -2.98%
• 1M: 1.89%
• YTD: 49.75%
• 6M: 45.37%
• 1Y: 89.11%
• 3Y*: 22.35%
• 5Y*: 12.33%
• 10Y*: 16.76%

GINN

• 1D: -1.06%
• 1M: -1.95%
• YTD: 5.00%
• 6M: 3.65%
• 1Y: 20.17%
• 3Y*: 18.28%
• 5Y*: 5.45%
• 10Y*: —

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

PSCT vs. GINN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
PSCT Invesco S&P SmallCap Information Technology ETF	49.75%	18.63%	-1.06%	20.81%	-22.50%	26.26%	24.11%
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF	5.00%	20.25%	18.71%	29.94%	-32.40%	10.39%	8.08%

Correlation

The correlation between PSCT and GINN is 0.80, 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	0.80
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (5Y) Calculated over the trailing 5-year period	0.85
Correlation (All Time) Calculated using the full available price history since Nov 9, 2020	0.84

The correlation between PSCT and GINN has been stable across timeframes, ranging from 0.80 to 0.84 - a consistent structural relationship.

PSCT vs. GINN - Sectors Allocation Comparison

Sectors	PSCT	GINN
Technology	86.5%	32.6%
Industrials	5.3%	4.7%
Energy	3.7%	1.7%
Financial Services	3.5%	12.4%
Basic Materials	-	0.1%
Communication Services	-	10.7%
Consumer Cyclical	-	12.7%
Consumer Defensive	-	1.8%
Healthcare	-	20.6%
Real Estate	-	0.6%
Utilities	-	1.7%

Return for Risk

PSCT vs. GINN — Risk / Return Rank

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

PSCT

PSCT Risk / Return Rank: 86
PSCT Sharpe Ratio Rank: 89
PSCT Sortino Ratio Rank: 80
PSCT Omega Ratio Rank: 77
PSCT Calmar Ratio Rank: 92
PSCT Martin Ratio Rank: 94

GINN

GINN Risk / Return Rank: 35
GINN Sharpe Ratio Rank: 36
GINN Sortino Ratio Rank: 35
GINN Omega Ratio Rank: 34
GINN Calmar Ratio Rank: 33
GINN Martin Ratio Rank: 37

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.

PSCT vs. GINN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap Information Technology ETF (PSCT) 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.

	PSCT	GINN	Difference
Sharpe ratio: Return per unit of total volatility	2.83	1.22	+1.61
Sortino ratio: Return per unit of downside risk	3.32	1.75	+1.58
Omega ratio: Gain probability vs. loss probability	1.43	1.22	+0.21
Calmar ratio: Return relative to maximum drawdown	6.05	1.54	+4.51
Martin ratio: Return relative to average drawdown	24.56	5.39	+19.17

PSCT vs. GINN - Sharpe Ratio Comparison

The current PSCT Sharpe Ratio is 2.83, which is higher than the GINN Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of PSCT 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.

Drawdowns

PSCT vs. GINN - Drawdown Comparison

The maximum PSCT drawdown since its inception was -40.44%, roughly equal to the maximum GINN drawdown of -41.25%. Use the drawdown chart below to compare losses from any high point for PSCT and GINN.

Drawdown Indicators

	PSCT	GINN	Difference
Max Drawdown Largest peak-to-trough decline	-40.44%	-41.25%	+0.81%
Max Drawdown (1Y) Largest decline over 1 year	-14.80%	-13.18%	-1.62%
Max Drawdown (3Y) Largest decline over 3 years	-33.96%	-22.25%	-11.71%
Max Drawdown (5Y) Largest decline over 5 years	-34.80%	-41.25%	+6.45%
Max Drawdown (10Y) Largest decline over 10 years	-40.44%	—	—
Current Drawdown Current decline from peak	-4.02%	-4.93%	+0.91%
Average Drawdown Average peak-to-trough decline	-7.89%	-13.28%	+5.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.64%	3.75%	-0.11%

Volatility

PSCT vs. GINN - Volatility Comparison

Invesco S&P SmallCap Information Technology ETF (PSCT) has a higher volatility of 13.89% compared to Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN) at 5.81%. This indicates that PSCT'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.

Volatility by Period

	PSCT	GINN	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.89%	5.81%	+8.08%
Volatility (6M) Calculated over the trailing 6-month period	23.58%	12.92%	+10.66%
Volatility (1Y) Calculated over the trailing 1-year period	31.64%	16.57%	+15.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.15%	21.44%	+6.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.88%	21.07%	+5.81%

PSCT vs. GINN - Expense Ratio Comparison

PSCT has a 0.29% expense ratio, which is lower than GINN's 0.50% expense ratio.

Dividends

PSCT vs. GINN - Dividend Comparison

PSCT has not paid dividends to shareholders, while GINN's dividend yield for the trailing twelve months is around 1.20%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF	1.20%	1.26%	1.26%	1.01%	0.69%	0.67%	0.07%	0.00%	0.00%	0.00%	0.00%	0.00%
PSCT Invesco S&P SmallCap Information Technology ETF	0.00%	0.02%	0.01%	0.02%	0.00%	0.01%	0.08%	0.22%	0.47%	0.19%	0.25%	0.15%

Frequently Asked Questions

Can I hold both PSCT and GINN in my portfolio?

PSCT and GINN have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PSCT or GINN?

PSCT has higher volatility (13.89%) compared to GINN (5.81%). In terms of maximum drawdown, PSCT dropped -40.44% vs GINN's -41.25%.

Which ETF is better, PSCT or GINN?

On 5-year performance, PSCT leads with 12.33% vs 5.45% for GINN. On fees, PSCT is cheaper at 0.29% per year. On volatility, GINN has been the lower-risk option at 5.81%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PSCT or GINN?

Over the 5-year period, PSCT has performed better with a 12.33% return vs 5.45%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PSCT or GINN?

PSCT is cheaper with a 0.29% expense ratio, compared with 0.50% for GINN.

Which ETF pays a higher dividend yield, PSCT or GINN?

GINN has the higher dividend yield at 1.20%, compared with 0.00% for PSCT.

What is the main difference between PSCT and GINN?

PSCT tracks S&P SmallCap 600 Information Technology Index, while GINN tracks Solactive Innovative Global Equity Index. They also come from different issuers: Invesco and Goldman Sachs. Their fees differ too: 0.29% for PSCT and 0.50% for GINN.

Which has better risk-adjusted returns?

PSCT currently has the higher Sharpe Ratio (2.83 vs 1.22), 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.