VETZ vs. GBIL

Last updated Apr 1, 2026

Compare and contrast key facts about Academy Veteran Impact ETF (VETZ) and Goldman Sachs Access Treasury 0-1 Year ETF (GBIL).

VETZ and GBIL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VETZ is an actively managed fund by Academy. It was launched on Aug 1, 2023. GBIL is a passively managed fund by Goldman Sachs that tracks the performance of the FTSE US Treasury 0-1 Year Composite Select Index. It was launched on Sep 6, 2016.

Performance

VETZ vs. GBIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Academy Veteran Impact ETF (VETZ) and Goldman Sachs Access Treasury 0-1 Year ETF (GBIL). The values are adjusted to include any dividend payments, if applicable.

VETZ vs. GBIL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
VETZ Academy Veteran Impact ETF	0.76%	8.02%	2.22%	3.97%
GBIL Goldman Sachs Access Treasury 0-1 Year ETF	0.80%	4.12%	5.24%	2.28%

Returns By Period

In the year-to-date period, VETZ achieves a 0.76% return, which is significantly lower than GBIL's 0.80% return.

VETZ

• 1D: 0.35%
• 1M: -1.24%
• YTD: 0.76%
• 6M: 2.92%
• 1Y: 5.92%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GBIL

• 1D: 0.01%
• 1M: 0.26%
• YTD: 0.80%
• 6M: 1.83%
• 1Y: 3.99%
• 3Y*: 4.66%
• 5Y*: 3.19%
• 10Y*: —

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

VETZ vs. GBIL - Expense Ratio Comparison

VETZ has a 0.35% expense ratio, which is higher than GBIL's 0.12% expense ratio.

VETZ

Academy Veteran Impact ETF

GBIL

Goldman Sachs Access Treasury 0-1 Year ETF

Return for Risk

VETZ vs. GBIL — Risk / Return Rank

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

VETZ

VETZ Risk / Return Rank: 61
VETZ Sharpe Ratio Rank: 59
VETZ Sortino Ratio Rank: 59
VETZ Omega Ratio Rank: 48
VETZ Calmar Ratio Rank: 78
VETZ Martin Ratio Rank: 61

GBIL

GBIL Risk / Return Rank: 100
GBIL Sharpe Ratio Rank: 100
GBIL Sortino Ratio Rank: 100
GBIL Omega Ratio Rank: 100
GBIL Calmar Ratio Rank: 100
GBIL Martin Ratio Rank: 100

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.

VETZ vs. GBIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Academy Veteran Impact ETF (VETZ) and Goldman Sachs Access Treasury 0-1 Year ETF (GBIL). 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.

	VETZ	GBIL	Difference
Sharpe ratio Return per unit of total volatility	1.08	16.02	-14.94
Sortino ratio Return per unit of downside risk	1.55	81.72	-80.17
Omega ratio Gain probability vs. loss probability	1.19	24.01	-22.82
Calmar ratio Return relative to maximum drawdown	2.17	199.80	-197.64
Martin ratio Return relative to average drawdown	6.19	1,295.81	-1,289.62
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VETZ vs. GBIL - Sharpe Ratio Comparison

The current VETZ Sharpe Ratio is 1.08, which is lower than the GBIL Sharpe Ratio of 16.02. The chart below compares the historical Sharpe Ratios of VETZ and GBIL, 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

	VETZ	GBIL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.08	16.02	-14.94
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	5.54	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.90	4.79	-3.88

Correlation

The correlation between VETZ and GBIL is 0.16, 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

VETZ vs. GBIL - Dividend Comparison

VETZ's dividend yield for the trailing twelve months is around 6.11%, more than GBIL's 3.89% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
VETZ Academy Veteran Impact ETF	6.11%	6.14%	5.89%	1.88%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
GBIL Goldman Sachs Access Treasury 0-1 Year ETF	3.89%	4.02%	4.93%	4.77%	1.37%	0.00%	0.81%	2.20%	1.70%	0.74%	0.11%

Drawdowns

VETZ vs. GBIL - Drawdown Comparison

The maximum VETZ drawdown since its inception was -5.16%, which is greater than GBIL's maximum drawdown of -0.76%. Use the drawdown chart below to compare losses from any high point for VETZ and GBIL.

Drawdown Indicators

	VETZ	GBIL	Difference
Max Drawdown Largest peak-to-trough decline	-5.16%	-0.76%	-4.40%
Max Drawdown (1Y) Largest decline over 1 year	-2.77%	-0.02%	-2.75%
Max Drawdown (5Y) Largest decline over 5 years	—	-0.76%	—
Current Drawdown Current decline from peak	-1.24%	0.00%	-1.24%
Average Drawdown Average peak-to-trough decline	-1.31%	-0.04%	-1.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.97%	0.00%	+0.97%

Volatility

VETZ vs. GBIL - Volatility Comparison

Academy Veteran Impact ETF (VETZ) has a higher volatility of 2.05% compared to Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) at 0.08%. This indicates that VETZ's price experiences larger fluctuations and is considered to be riskier than GBIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VETZ	GBIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.05%	0.08%	+1.97%
Volatility (6M) Calculated over the trailing 6-month period	3.39%	0.15%	+3.24%
Volatility (1Y) Calculated over the trailing 1-year period	5.52%	0.25%	+5.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.27%	0.58%	+5.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.27%	0.47%	+5.80%