PSCT vs. GTEK

Last updated Jul 15, 2026

PSCT (Invesco S&P SmallCap Information Technology ETF) and GTEK (Goldman Sachs Future Tech Leaders Equity ETF) are both Technology Equities funds. PSCT is passively managed, while GTEK is actively managed. Over the past 3 years, PSCT returned 19.00%/yr vs 30.01%/yr for GTEK. Their correlation of 0.83 suggests significant overlap in exposure. PSCT charges 0.29%/yr vs 0.75%/yr for GTEK.

Performance

PSCT vs. GTEK - 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 Future Tech Leaders Equity ETF (GTEK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with PSCT having a 45.88% return and GTEK slightly lower at 43.93%.

PSCT

• 1D: 1.10%
• 1M: -4.67%
• 6M: 35.40%
• YTD: 45.88%
• 1Y: 76.69%
• 3Y*: 19.00%
• 5Y*: 13.09%
• 10Y*: 15.76%

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)

PSCT vs. GTEK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
PSCT Invesco S&P SmallCap Information Technology ETF	45.88%	18.63%	-1.06%	20.81%	-22.50%	6.51%
GTEK Goldman Sachs Future Tech Leaders Equity ETF	43.93%	23.68%	15.94%	33.58%	-46.73%	-2.50%

Correlation

The correlation between PSCT and GTEK is 0.82, 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	0.82
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (All Time) Calculated using the full available price history since Sep 16, 2021	0.83

The correlation between PSCT and GTEK has been stable across timeframes, ranging from 0.82 to 0.83 - a consistent structural relationship.

PSCT vs. GTEK - Sectors Allocation Comparison

Sectors	PSCT	GTEK
Technology	82.9%	74.5%
Energy	3.8%	-
Financial Services	3.4%	1.2%
Industrials	2.9%	8.1%
Basic Materials	-	3.4%
Communication Services	-	3.7%
Consumer Cyclical	-	4.9%
Consumer Defensive	-	-
Healthcare	-	1.1%
Real Estate	-	2.3%
Utilities	-	-

Return for Risk

PSCT vs. GTEK — 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: 94
PSCT Martin Ratio Rank: 93

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.

PSCT vs. GTEK - 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 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.

	PSCT	GTEK	Difference
Sharpe ratio: Return per unit of total volatility	2.32	2.06	+0.26
Sortino ratio: Return per unit of downside risk	2.81	2.61	+0.20
Omega ratio: Gain probability vs. loss probability	1.36	1.34	+0.02
Calmar ratio: Return relative to maximum drawdown	5.21	5.51	-0.30
Martin ratio: Return relative to average drawdown	18.95	16.03	+2.92

PSCT vs. GTEK - Sharpe Ratio Comparison

The current PSCT Sharpe Ratio is 2.32, which is comparable to the GTEK Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of PSCT 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

PSCT vs. GTEK - Drawdown Comparison

The maximum PSCT drawdown since its inception was -40.44%, smaller than the maximum GTEK drawdown of -53.77%. Use the drawdown chart below to compare losses from any high point for PSCT and GTEK.

Drawdown Indicators

	PSCT	GTEK	Difference
Max Drawdown Largest peak-to-trough decline	-40.44%	-53.77%	+13.33%
Max Drawdown (1Y) Largest decline over 1 year	-14.80%	-11.13%	-3.67%
Max Drawdown (3Y) Largest decline over 3 years	-33.96%	-27.49%	-6.47%
Max Drawdown (5Y) Largest decline over 5 years	-34.80%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-40.44%	—	—
Current Drawdown Current decline from peak	-10.64%	-8.53%	-2.11%
Average Drawdown Average peak-to-trough decline	-7.89%	-26.98%	+19.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.06%	3.82%	+0.24%

Volatility

PSCT vs. GTEK - Volatility Comparison

Invesco S&P SmallCap Information Technology ETF (PSCT) has a higher volatility of 12.91% compared to Goldman Sachs Future Tech Leaders Equity ETF (GTEK) at 11.82%. This indicates that PSCT's price experiences larger fluctuations and is considered to be riskier than GTEK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSCT	GTEK	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.91%	11.82%	+1.09%
Volatility (6M) Calculated over the trailing 6-month period	25.68%	26.11%	-0.43%
Volatility (1Y) Calculated over the trailing 1-year period	33.22%	29.70%	+3.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.53%	28.82%	-0.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.03%	28.82%	-1.79%

PSCT vs. GTEK - Expense Ratio Comparison

PSCT has a 0.29% expense ratio, which is lower than GTEK's 0.75% expense ratio.

Dividends

PSCT vs. GTEK - Dividend Comparison

Neither PSCT nor GTEK has 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%
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 GTEK in my portfolio?

PSCT and GTEK have a correlation of 0.82, 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 GTEK?

PSCT has higher volatility (12.91%) compared to GTEK (11.82%). In terms of maximum drawdown, PSCT dropped -40.44% vs GTEK's -53.77%.

Which ETF is better, PSCT or GTEK?

On 3-year performance, GTEK leads with 30.01% vs 19.00% for PSCT. On fees, PSCT is cheaper at 0.29% per year. On volatility, GTEK has been the lower-risk option at 11.82%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PSCT or GTEK?

Over the 3-year period, GTEK has performed better with a 30.01% return vs 19.00%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PSCT or GTEK?

PSCT is cheaper with a 0.29% expense ratio, compared with 0.75% for GTEK.

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

PSCT and GTEK have nearly identical dividend yields, around 0.00%.

What is the main difference between PSCT and GTEK?

They also come from different issuers: Invesco and Goldman Sachs. Their fees differ too: 0.29% for PSCT and 0.75% for GTEK.

Which has better risk-adjusted returns?

PSCT currently has the higher Sharpe Ratio (2.32 vs 2.06), 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.