SHE vs. GQGU
SHE (SPDR SSGA Gender Diversity Index ETF) and GQGU (GQG US Equity ETF) are both Large Cap Growth Equities funds. SHE is passively managed, while GQGU is actively managed. At a correlation of -0.03, they often move in opposite directions. SHE charges 0.20%/yr vs 0.49%/yr for GQGU.
Performance
SHE vs. GQGU - Performance Comparison
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Returns By Period
In the year-to-date period, SHE achieves a 19.56% return, which is significantly higher than GQGU's 6.60% return.
SHE
- 1D
- -0.58%
- 1M
- 10.08%
- YTD
- 19.56%
- 6M
- 21.08%
- 1Y
- 31.32%
- 3Y*
- 24.28%
- 5Y*
- 10.89%
- 10Y*
- 12.83%
GQGU
- 1D
- -1.06%
- 1M
- -1.65%
- YTD
- 6.60%
- 6M
- 7.16%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SHE vs. GQGU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SHE SPDR SSGA Gender Diversity Index ETF | 19.56% | 6.72% |
GQGU GQG US Equity ETF | 6.60% | -1.14% |
Correlation
The correlation between SHE and GQGU is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 15, 2025 | -0.03 |
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Return for Risk
SHE vs. GQGU — Risk / Return Rank
SHE
GQGU
SHE vs. GQGU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR SSGA Gender Diversity Index ETF (SHE) and GQG US Equity ETF (GQGU). 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.
| SHE | GQGU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.43 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.68 | — | — |
| Martin ratioReturn relative to average drawdown | 14.98 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SHE | GQGU | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.43 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.71 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.74 | 0.60 | +0.14 |
Drawdowns
SHE vs. GQGU - Drawdown Comparison
The maximum SHE drawdown since its inception was -35.80%, which is greater than GQGU's maximum drawdown of -6.65%. Use the drawdown chart below to compare losses from any high point for SHE and GQGU.
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Drawdown Indicators
| SHE | GQGU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.80% | -6.65% | -29.15% |
Max Drawdown (1Y)Largest decline over 1 year | -8.54% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -17.07% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -31.69% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -35.80% | — | — |
Current DrawdownCurrent decline from peak | -0.58% | -4.66% | +4.08% |
Average DrawdownAverage peak-to-trough decline | -6.30% | -2.54% | -3.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.10% | — | — |
Volatility
SHE vs. GQGU - Volatility Comparison
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Volatility by Period
| SHE | GQGU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.06% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 10.29% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 12.94% | 10.14% | +2.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.22% | 10.14% | +7.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.04% | 10.14% | +7.90% |
SHE vs. GQGU - Expense Ratio Comparison
SHE has a 0.20% expense ratio, which is lower than GQGU's 0.49% expense ratio.
Dividends
SHE vs. GQGU - Dividend Comparison
SHE's dividend yield for the trailing twelve months is around 1.06%, more than GQGU's 0.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
GQGU GQG US Equity ETF | 0.96% | 1.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SHE SPDR SSGA Gender Diversity Index ETF | 1.06% | 1.18% | 1.14% | 1.37% | 1.54% | 0.99% | 1.24% | 1.91% | 7.39% | 5.37% | 6.41% |
Frequently Asked Questions
SHE and GQGU have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SHE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SHE is cheaper with a 0.20% expense ratio, compared with 0.49% for GQGU.
SHE has the higher dividend yield at 1.06%, compared with 0.96% for GQGU.
They also come from different issuers: State Street and GQG Partners. Their fees differ too: 0.20% for SHE and 0.49% for GQGU.
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