TOUS vs. GPIQ

Last updated Aug 2, 2026

TOUS (T. Rowe Price International Equity ETF) and GPIQ (Goldman Sachs Nasdaq-100 Core Premium Income ETF) are both exchange-traded funds - TOUS is a Foreign Large Cap Equities fund actively managed by T. Rowe Price, while GPIQ is a Nasdaq-100 fund actively managed by Goldman Sachs. Both are actively managed. Over the past year, TOUS returned 25.02% vs 24.16% for GPIQ. Their 0.63 correlation means they have sometimes moved together and sometimes differently. TOUS charges 0.50%/yr vs 0.29%/yr for GPIQ.

Performance

TOUS vs. GPIQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price International Equity ETF (TOUS) and Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TOUS achieves a 12.79% return, which is significantly higher than GPIQ's 11.67% return.

TOUS

• 1D: -0.58%
• 1M: 0.91%
• 6M: 6.99%
• YTD: 12.79%
• 1Y: 25.02%
• 3Y*: 17.40%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 16.69%

GPIQ

• 1D: 0.58%
• 1M: -2.85%
• 6M: 9.86%
• YTD: 11.67%
• 1Y: 24.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 26.11%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GPIQ Goldman Sachs Nasdaq-100 Core Premium Income ETF	$86.57M	$81.60M	$83.20M
TOUS T. Rowe Price International Equity ETF	$4.44M	$4.94M	$6.67M

TOUS vs. GPIQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
TOUS T. Rowe Price International Equity ETF	12.79%	34.00%	3.63%	15.51%
GPIQ Goldman Sachs Nasdaq-100 Core Premium Income ETF	11.67%	19.77%	23.22%	15.17%

Correlation

The correlation between TOUS and GPIQ is 0.67, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.67
Correlation (All Time) Calculated using the full available price history since Oct 26, 2023	0.63

The correlation between TOUS and GPIQ has been stable across timeframes, ranging from 0.63 to 0.67 - a consistent structural relationship.

TOUS vs. GPIQ - Sectors Allocation Comparison

Sectors	TOUS	GPIQ
Financial Services	22.2%	0.2%
Industrials	18.9%	4.2%
Technology	15.7%	60.7%
Healthcare	10.9%	3.7%
Consumer Cyclical	7.2%	10.1%
Consumer Defensive	7.2%	6.4%
Basic Materials	4.8%	1.1%
Communication Services	4.4%	11.8%
Energy	4.3%	0.5%
Utilities	3.1%	1.4%
Real Estate	1.5%	0.1%

Return for Risk

TOUS vs. GPIQ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TOUS

TOUS Risk / Return Rank: 65
TOUS Sharpe Ratio Rank: 68
TOUS Sortino Ratio Rank: 70
TOUS Omega Ratio Rank: 67
TOUS Calmar Ratio Rank: 58
TOUS Martin Ratio Rank: 62

GPIQ

GPIQ Risk / Return Rank: 60
GPIQ Sharpe Ratio Rank: 57
GPIQ Sortino Ratio Rank: 54
GPIQ Omega Ratio Rank: 55
GPIQ Calmar Ratio Rank: 68
GPIQ Martin Ratio Rank: 68

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TOUS vs. GPIQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price International Equity ETF (TOUS) and Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ). 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.

	TOUS	GPIQ	Difference
Sharpe ratio: Return per unit of total volatility	1.55	1.34	+0.21
Sortino ratio: Return per unit of downside risk	2.27	1.87	+0.39
Omega ratio: Gain probability vs. loss probability	1.28	1.24	+0.04
Calmar ratio: Return relative to maximum drawdown	2.05	2.35	-0.30
Martin ratio: Return relative to average drawdown	7.46	8.33	-0.86

TOUS vs. GPIQ - Sharpe Ratio Comparison

The current TOUS Sharpe Ratio is 1.55, which is comparable to the GPIQ Sharpe Ratio of 1.34. The chart below compares the historical Sharpe Ratios of TOUS and GPIQ, 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

TOUS vs. GPIQ - Drawdown Comparison

The maximum TOUS drawdown since its inception was -14.29%, smaller than the maximum GPIQ drawdown of -21.06%. Use the drawdown chart below to compare losses from any high point for TOUS and GPIQ.

Drawdown Indicators

	TOUS	GPIQ	Difference
Max Drawdown Largest peak-to-trough decline	-14.29%	-21.06%	+6.77%
Max Drawdown (1Y) Largest decline over 1 year	-12.23%	-9.51%	-2.72%
Max Drawdown (3Y) Largest decline over 3 years	-14.29%	—	—
Current Drawdown Current decline from peak	-0.58%	-5.90%	+5.32%
Average Drawdown Average peak-to-trough decline	-2.75%	-2.33%	-0.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.35%	2.68%	+0.67%

Volatility

TOUS vs. GPIQ - Volatility Comparison

The current volatility for T. Rowe Price International Equity ETF (TOUS) is 4.78%, while Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ) has a volatility of 6.39%. This indicates that TOUS experiences smaller price fluctuations and is considered to be less risky than GPIQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TOUS	GPIQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.78%	6.39%	-1.61%
Volatility (6M) Calculated over the trailing 6-month period	14.16%	14.09%	+0.07%
Volatility (1Y) Calculated over the trailing 1-year period	16.17%	16.69%	-0.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.30%	18.06%	-2.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.30%	18.06%	-2.76%

TOUS vs. GPIQ - Expense Ratio Comparison

TOUS has a 0.50% expense ratio, which is higher than GPIQ's 0.29% expense ratio.

Dividends

TOUS vs. GPIQ - Dividend Comparison

TOUS's dividend yield for the trailing twelve months is around 1.54%, less than GPIQ's 10.12% yield.

Position	TTM	2025	2024	2023
GPIQ Goldman Sachs Nasdaq-100 Core Premium Income ETF	9.32%	9.81%	9.18%	1.74%
TOUS T. Rowe Price International Equity ETF	1.54%	1.74%	3.01%	0.50%

Frequently Asked Questions

Can I hold both TOUS and GPIQ in my portfolio?

TOUS and GPIQ have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TOUS or GPIQ?

GPIQ has higher volatility (6.39%) compared to TOUS (4.78%). In terms of maximum drawdown, TOUS dropped -14.29% vs GPIQ's -21.06%.

Which ETF is better, TOUS or GPIQ?

On 1-year performance, TOUS leads with 25.02% vs 24.16% for GPIQ. On fees, GPIQ is cheaper at 0.29% per year. On volatility, TOUS has been the lower-risk option at 4.78%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, TOUS or GPIQ?

Over the 1-year period, TOUS has performed better with a 25.02% return vs 24.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, TOUS or GPIQ?

GPIQ is cheaper with a 0.29% expense ratio, compared with 0.50% for TOUS.

Which ETF pays a higher dividend yield, TOUS or GPIQ?

GPIQ has the higher dividend yield at 9.32%, compared with 1.54% for TOUS.

What is the main difference between TOUS and GPIQ?

TOUS is categorized as Foreign Large Cap Equities, while GPIQ is Nasdaq-100. They also come from different issuers: T. Rowe Price and Goldman Sachs. Their fees differ too: 0.50% for TOUS and 0.29% for GPIQ.

Which has better risk-adjusted returns?

TOUS currently has the higher Sharpe Ratio (1.55 vs 1.34), 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.