STHH vs. GINN

Last updated Jun 24, 2026

STHH (STMicroelectronics NV ADRhedged) and GINN (Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF) are both Technology Equities funds - STHH tracks the STMicroelectronics NV Local Shares Total Return while GINN tracks the Solactive Innovative Global Equity Index. Both are passively managed. Over the past year, STHH returned 158.32% vs 20.17% for GINN. A 0.59 correlation means they provide meaningful diversification when combined. STHH charges 0.19%/yr vs 0.50%/yr for GINN.

Performance

STHH vs. GINN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in STMicroelectronics NV ADRhedged (STHH) 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, STHH achieves a 187.72% return, which is significantly higher than GINN's 5.00% return.

STHH

• 1D: -8.12%
• 1M: 10.72%
• YTD: 187.72%
• 6M: 187.07%
• 1Y: 158.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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)

STHH vs. GINN - Yearly Performance Comparison

	2026 (YTD)	2025
STHH STMicroelectronics NV ADRhedged	187.72%	17.60%
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF	5.00%	31.78%

Correlation

The correlation between STHH and GINN is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.57
Correlation (All Time) Calculated using the full available price history since Apr 23, 2025	0.59

The correlation between STHH and GINN has been stable across timeframes, ranging from 0.57 to 0.59 - a consistent structural relationship.

Return for Risk

STHH vs. GINN — Risk / Return Rank

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

STHH

STHH Risk / Return Rank: 81
STHH Sharpe Ratio Rank: 92
STHH Sortino Ratio Rank: 81
STHH Omega Ratio Rank: 84
STHH Calmar Ratio Rank: 88
STHH Martin Ratio Rank: 63

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.

STHH vs. GINN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for STMicroelectronics NV ADRhedged (STHH) 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.

	STHH	GINN	Difference
Sharpe ratio: Return per unit of total volatility	3.02	1.22	+1.80
Sortino ratio: Return per unit of downside risk	3.33	1.75	+1.58
Omega ratio: Gain probability vs. loss probability	1.47	1.22	+0.25
Calmar ratio: Return relative to maximum drawdown	4.70	1.54	+3.16
Martin ratio: Return relative to average drawdown	10.65	5.39	+5.25

STHH vs. GINN - Sharpe Ratio Comparison

The current STHH Sharpe Ratio is 3.02, which is higher than the GINN Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of STHH 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

STHH vs. GINN - Drawdown Comparison

The maximum STHH drawdown since its inception was -33.89%, smaller than the maximum GINN drawdown of -41.25%. Use the drawdown chart below to compare losses from any high point for STHH and GINN.

Drawdown Indicators

	STHH	GINN	Difference
Max Drawdown Largest peak-to-trough decline	-33.89%	-41.25%	+7.36%
Max Drawdown (1Y) Largest decline over 1 year	-33.89%	-13.18%	-20.71%
Max Drawdown (3Y) Largest decline over 3 years	—	-22.25%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-41.25%	—
Current Drawdown Current decline from peak	-8.12%	-4.93%	-3.19%
Average Drawdown Average peak-to-trough decline	-10.17%	-13.28%	+3.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.93%	3.75%	+11.18%

Volatility

STHH vs. GINN - Volatility Comparison

STMicroelectronics NV ADRhedged (STHH) has a higher volatility of 25.53% compared to Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN) at 5.81%. This indicates that STHH'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

	STHH	GINN	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.53%	5.81%	+19.72%
Volatility (6M) Calculated over the trailing 6-month period	41.13%	12.92%	+28.21%
Volatility (1Y) Calculated over the trailing 1-year period	52.67%	16.57%	+36.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.51%	21.44%	+30.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.51%	21.07%	+30.44%

STHH vs. GINN - Expense Ratio Comparison

STHH has a 0.19% expense ratio, which is lower than GINN's 0.50% expense ratio.

Dividends

STHH vs. GINN - Dividend Comparison

STHH's dividend yield for the trailing twelve months is around 0.70%, less than GINN's 1.20% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF	1.20%	1.26%	1.26%	1.01%	0.69%	0.67%	0.07%
STHH STMicroelectronics NV ADRhedged	0.70%	0.69%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both STHH and GINN in my portfolio?

STHH and GINN have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, STHH or GINN?

STHH has higher volatility (25.53%) compared to GINN (5.81%). In terms of maximum drawdown, STHH dropped -33.89% vs GINN's -41.25%.

Which ETF is better, STHH or GINN?

On 1-year performance, STHH leads with 158.32% vs 20.17% for GINN. On fees, STHH is cheaper at 0.19% 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, STHH or GINN?

Over the 1-year period, STHH has performed better with a 158.32% return vs 20.17%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, STHH or GINN?

STHH is cheaper with a 0.19% expense ratio, compared with 0.50% for GINN.

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

GINN has the higher dividend yield at 1.20%, compared with 0.70% for STHH.

What is the main difference between STHH and GINN?

STHH tracks STMicroelectronics NV Local Shares Total Return, while GINN tracks Solactive Innovative Global Equity Index. They also come from different issuers: ADRhedged and Goldman Sachs. Their fees differ too: 0.19% for STHH and 0.50% for GINN.

Which has better risk-adjusted returns?

STHH currently has the higher Sharpe Ratio (3.02 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.