THNQ vs. GTEK

Last updated Jul 14, 2026

THNQ (ROBO Global Artificial Intelligence ETF) and GTEK (Goldman Sachs Future Tech Leaders Equity ETF) are both Technology Equities funds. THNQ is passively managed, while GTEK is actively managed. Over the past 3 years, THNQ returned 33.13%/yr vs 29.45%/yr for GTEK. Their correlation of 0.94 suggests significant overlap in exposure. THNQ charges 0.68%/yr vs 0.75%/yr for GTEK.

Performance

THNQ vs. GTEK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ROBO Global Artificial Intelligence ETF (THNQ) and Goldman Sachs Future Tech Leaders Equity ETF (GTEK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, THNQ achieves a 37.45% return, which is significantly lower than GTEK's 42.08% return.

THNQ

• 1D: -2.29%
• 1M: 1.30%
• 6M: 32.45%
• YTD: 37.45%
• 1Y: 62.09%
• 3Y*: 33.13%
• 5Y*: 15.67%
• 10Y*: —

GTEK

• 1D: -4.38%
• 1M: -3.33%
• 6M: 34.40%
• YTD: 42.08%
• 1Y: 59.49%
• 3Y*: 29.45%
• 5Y*: —
• 10Y*: —

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

THNQ vs. GTEK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
THNQ ROBO Global Artificial Intelligence ETF	37.45%	29.83%	18.82%	56.81%	-39.84%	-2.46%
GTEK Goldman Sachs Future Tech Leaders Equity ETF	42.08%	23.68%	15.94%	33.58%	-46.73%	-2.50%

Correlation

The correlation between THNQ and GTEK is 0.91, 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	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (All Time) Calculated using the full available price history since Sep 16, 2021	0.94

The correlation between THNQ and GTEK has been stable across timeframes, ranging from 0.91 to 0.94 - a consistent structural relationship.

THNQ vs. GTEK - Sectors Allocation Comparison

Sectors	THNQ	GTEK
Technology	74.2%	74.5%
Communication Services	10.5%	3.7%
Consumer Cyclical	7.3%	4.9%
Healthcare	5.2%	1.1%
Financial Services	1.4%	1.2%
Industrials	0.8%	8.1%
Real Estate	0.7%	2.3%
Basic Materials	-	3.4%
Consumer Defensive	-	-
Energy	-	-
Utilities	-	-

Return for Risk

THNQ vs. GTEK — Risk / Return Rank

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

THNQ

THNQ Risk / Return Rank: 77
THNQ Sharpe Ratio Rank: 84
THNQ Sortino Ratio Rank: 76
THNQ Omega Ratio Rank: 73
THNQ Calmar Ratio Rank: 81
THNQ Martin Ratio Rank: 72

GTEK

GTEK Risk / Return Rank: 81
GTEK Sharpe Ratio Rank: 80
GTEK Sortino Ratio Rank: 71
GTEK Omega Ratio Rank: 71
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.

THNQ vs. GTEK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ROBO Global Artificial Intelligence ETF (THNQ) 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.

	THNQ	GTEK	Difference
Sharpe ratio: Return per unit of total volatility	2.14	2.01	+0.13
Sortino ratio: Return per unit of downside risk	2.68	2.56	+0.12
Omega ratio: Gain probability vs. loss probability	1.34	1.33	+0.01
Calmar ratio: Return relative to maximum drawdown	3.39	5.37	-1.98
Martin ratio: Return relative to average drawdown	10.45	15.79	-5.34

THNQ vs. GTEK - Sharpe Ratio Comparison

The current THNQ Sharpe Ratio is 2.14, which is comparable to the GTEK Sharpe Ratio of 2.01. The chart below compares the historical Sharpe Ratios of THNQ 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

THNQ vs. GTEK - Drawdown Comparison

The maximum THNQ drawdown since its inception was -50.56%, smaller than the maximum GTEK drawdown of -53.77%. Use the drawdown chart below to compare losses from any high point for THNQ and GTEK.

Drawdown Indicators

	THNQ	GTEK	Difference
Max Drawdown Largest peak-to-trough decline	-50.56%	-53.77%	+3.21%
Max Drawdown (1Y) Largest decline over 1 year	-18.39%	-11.13%	-7.26%
Max Drawdown (3Y) Largest decline over 3 years	-29.88%	-27.49%	-2.39%
Max Drawdown (5Y) Largest decline over 5 years	-50.56%	—	—
Current Drawdown Current decline from peak	-6.68%	-9.70%	+3.02%
Average Drawdown Average peak-to-trough decline	-14.92%	-26.99%	+12.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.96%	3.78%	+2.18%

Volatility

THNQ vs. GTEK - Volatility Comparison

The current volatility for ROBO Global Artificial Intelligence ETF (THNQ) is 10.88%, while Goldman Sachs Future Tech Leaders Equity ETF (GTEK) has a volatility of 12.78%. This indicates that THNQ experiences smaller price fluctuations and is considered to be less risky than GTEK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	THNQ	GTEK	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.88%	12.78%	-1.90%
Volatility (6M) Calculated over the trailing 6-month period	23.86%	26.10%	-2.24%
Volatility (1Y) Calculated over the trailing 1-year period	29.20%	29.74%	-0.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.65%	28.82%	+0.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.93%	28.82%	+0.11%

THNQ vs. GTEK - Expense Ratio Comparison

THNQ has a 0.68% expense ratio, which is lower than GTEK's 0.75% expense ratio.

Dividends

THNQ vs. GTEK - Dividend Comparison

THNQ's dividend yield for the trailing twelve months is around 0.15%, while GTEK has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
GTEK Goldman Sachs Future Tech Leaders Equity ETF	0.00%	0.00%	0.00%	0.26%	0.03%
THNQ ROBO Global Artificial Intelligence ETF	0.15%	0.20%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both THNQ and GTEK in my portfolio?

With a correlation of 0.91, THNQ and GTEK move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, THNQ or GTEK?

GTEK has higher volatility (12.78%) compared to THNQ (10.88%). In terms of maximum drawdown, THNQ dropped -50.56% vs GTEK's -53.77%.

Which ETF is better, THNQ or GTEK?

On 3-year performance, THNQ leads with 33.13% vs 29.45% for GTEK. On fees, THNQ is cheaper at 0.68% per year. On volatility, THNQ has been the lower-risk option at 10.88%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, THNQ or GTEK?

Over the 3-year period, THNQ has performed better with a 33.13% return vs 29.45%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, THNQ or GTEK?

THNQ is cheaper with a 0.68% expense ratio, compared with 0.75% for GTEK.

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

THNQ has the higher dividend yield at 0.15%, compared with 0.00% for GTEK.

What is the main difference between THNQ and GTEK?

They also come from different issuers: Exchange Traded Concepts and Goldman Sachs. Their fees differ too: 0.68% for THNQ and 0.75% for GTEK.

Which has better risk-adjusted returns?

THNQ currently has the higher Sharpe Ratio (2.14 vs 2.01), 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.