TUSI vs. GSST

Last updated Apr 1, 2026

Compare and contrast key facts about Touchstone Ultra Short Income ETF (TUSI) and Goldman Sachs Ultra Short Bond ETF (GSST).

TUSI and GSST are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TUSI is an actively managed fund by Touchstone. It was launched on Aug 4, 2022. GSST is an actively managed fund by Goldman Sachs. It was launched on Apr 15, 2019.

Performance

TUSI vs. GSST - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Touchstone Ultra Short Income ETF (TUSI) and Goldman Sachs Ultra Short Bond ETF (GSST). The values are adjusted to include any dividend payments, if applicable.

TUSI vs. GSST - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
TUSI Touchstone Ultra Short Income ETF	0.92%	5.09%	6.51%	6.53%	0.84%
GSST Goldman Sachs Ultra Short Bond ETF	0.76%	5.20%	6.01%	6.08%	0.79%

Returns By Period

In the year-to-date period, TUSI achieves a 0.92% return, which is significantly higher than GSST's 0.76% return.

TUSI

• 1D: 0.06%
• 1M: 0.13%
• YTD: 0.92%
• 6M: 2.09%
• 1Y: 4.78%
• 3Y*: 5.89%
• 5Y*: —
• 10Y*: —

GSST

• 1D: 0.06%
• 1M: 0.04%
• YTD: 0.76%
• 6M: 1.89%
• 1Y: 4.55%
• 3Y*: 5.51%
• 5Y*: 3.60%
• 10Y*: —

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

TUSI vs. GSST - Expense Ratio Comparison

TUSI has a 0.25% expense ratio, which is higher than GSST's 0.16% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

TUSI

Touchstone Ultra Short Income ETF

GSST

Goldman Sachs Ultra Short Bond ETF

Return for Risk

TUSI vs. GSST — Risk / Return Rank

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

TUSI

TUSI Risk / Return Rank: 99
TUSI Sharpe Ratio Rank: 99
TUSI Sortino Ratio Rank: 99
TUSI Omega Ratio Rank: 99
TUSI Calmar Ratio Rank: 99
TUSI Martin Ratio Rank: 99

GSST

GSST Risk / Return Rank: 99
GSST Sharpe Ratio Rank: 99
GSST Sortino Ratio Rank: 99
GSST Omega Ratio Rank: 99
GSST Calmar Ratio Rank: 99
GSST Martin Ratio Rank: 99

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.

TUSI vs. GSST - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Touchstone Ultra Short Income ETF (TUSI) and Goldman Sachs Ultra Short Bond ETF (GSST). 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.

	TUSI	GSST	Difference
Sharpe ratio Return per unit of total volatility	4.54	6.29	-1.74
Sortino ratio Return per unit of downside risk	7.48	11.28	-3.80
Omega ratio Gain probability vs. loss probability	2.16	3.26	-1.10
Calmar ratio Return relative to maximum drawdown	12.05	18.26	-6.21
Martin ratio Return relative to average drawdown	57.88	113.51	-55.62
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TUSI vs. GSST - Sharpe Ratio Comparison

The current TUSI Sharpe Ratio is 4.54, which is comparable to the GSST Sharpe Ratio of 6.29. The chart below compares the historical Sharpe Ratios of TUSI and GSST, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TUSI	GSST	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.54	6.29	-1.74
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	5.79	—
Sharpe Ratio (All Time) Calculated using the full available price history	5.75	3.72	+2.03

Correlation

The correlation between TUSI and GSST is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

TUSI vs. GSST - Dividend Comparison

TUSI's dividend yield for the trailing twelve months is around 4.67%, more than GSST's 4.43% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019
TUSI Touchstone Ultra Short Income ETF	4.67%	4.85%	5.50%	5.41%	1.38%	0.00%	0.00%	0.00%
GSST Goldman Sachs Ultra Short Bond ETF	4.43%	4.56%	5.45%	4.98%	1.97%	0.71%	1.12%	1.66%

Drawdowns

TUSI vs. GSST - Drawdown Comparison

The maximum TUSI drawdown since its inception was -0.40%, smaller than the maximum GSST drawdown of -3.51%. Use the drawdown chart below to compare losses from any high point for TUSI and GSST.

Drawdown Indicators

	TUSI	GSST	Difference
Max Drawdown Largest peak-to-trough decline	-0.40%	-3.51%	+3.11%
Max Drawdown (1Y) Largest decline over 1 year	-0.39%	-0.25%	-0.14%
Max Drawdown (5Y) Largest decline over 5 years	—	-1.19%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.04%	-0.17%	+0.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.08%	0.04%	+0.04%

Volatility

TUSI vs. GSST - Volatility Comparison

Touchstone Ultra Short Income ETF (TUSI) and Goldman Sachs Ultra Short Bond ETF (GSST) have volatilities of 0.24% and 0.25%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TUSI	GSST	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.24%	0.25%	-0.01%
Volatility (6M) Calculated over the trailing 6-month period	0.67%	0.42%	+0.25%
Volatility (1Y) Calculated over the trailing 1-year period	1.06%	0.73%	+0.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.95%	0.63%	+0.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.95%	0.87%	+0.08%