VIDI vs. GSIE

Last updated Jun 4, 2026

VIDI (Vident International Equity Fund) and GSIE (Goldman Sachs ActiveBeta International Equity ETF) are both Foreign Large Cap Equities funds - VIDI tracks the Vident International Equity Index while GSIE tracks the Goldman Sachs ActiveBeta International Equity Index. Both are passively managed. Over the past 10 years, VIDI returned 10.99%/yr vs 9.08%/yr for GSIE. Their correlation of 0.87 suggests significant overlap in exposure. VIDI charges 0.59%/yr vs 0.25%/yr for GSIE.

Performance

VIDI vs. GSIE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vident International Equity Fund (VIDI) and Goldman Sachs ActiveBeta International Equity ETF (GSIE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VIDI achieves a 22.55% return, which is significantly higher than GSIE's 6.51% return. Over the past 10 years, VIDI has outperformed GSIE with an annualized return of 10.99%, while GSIE has yielded a comparatively lower 9.08% annualized return.

VIDI

• 1D: -0.55%
• 1M: 7.84%
• YTD: 22.55%
• 6M: 25.74%
• 1Y: 49.83%
• 3Y*: 27.42%
• 5Y*: 12.15%
• 10Y*: 10.99%

GSIE

• 1D: -0.83%
• 1M: 2.22%
• YTD: 6.51%
• 6M: 9.50%
• 1Y: 19.35%
• 3Y*: 16.74%
• 5Y*: 8.04%
• 10Y*: 9.08%

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

VIDI vs. GSIE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VIDI Vident International Equity Fund	22.55%	41.83%	6.03%	18.92%	-13.83%	11.93%	1.18%	15.84%	-17.65%	33.56%
GSIE Goldman Sachs ActiveBeta International Equity ETF	6.51%	32.53%	5.23%	16.99%	-15.86%	13.27%	7.45%	22.83%	-13.40%	26.22%

Correlation

The correlation between VIDI and GSIE is 0.85, 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	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.85
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (10Y) Calculated over the trailing 10-year period	0.87
Correlation (All Time) Calculated using the full available price history since Nov 11, 2015	0.87

The correlation between VIDI and GSIE has been stable across timeframes, ranging from 0.85 to 0.88 - a consistent structural relationship.

VIDI vs. GSIE - Sectors Allocation Comparison

Sectors	VIDI	GSIE
Industrials	18.8%	18.0%
Financial Services	18.5%	27.1%
Technology	13.7%	9.5%
Consumer Cyclical	10.4%	9.1%
Basic Materials	8.4%	5.8%
Energy	8.0%	4.4%
Consumer Defensive	6.2%	7.2%
Healthcare	6.1%	9.1%
Communication Services	6.0%	3.8%
Utilities	3.1%	3.2%
Real Estate	0.8%	1.2%

Return for Risk

VIDI vs. GSIE — Risk / Return Rank

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

VIDI

VIDI Risk / Return Rank: 90
VIDI Sharpe Ratio Rank: 93
VIDI Sortino Ratio Rank: 92
VIDI Omega Ratio Rank: 92
VIDI Calmar Ratio Rank: 87
VIDI Martin Ratio Rank: 87

GSIE

GSIE Risk / Return Rank: 38
GSIE Sharpe Ratio Rank: 38
GSIE Sortino Ratio Rank: 38
GSIE Omega Ratio Rank: 37
GSIE Calmar Ratio Rank: 36
GSIE Martin Ratio Rank: 42

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.

VIDI vs. GSIE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vident International Equity Fund (VIDI) and Goldman Sachs ActiveBeta International Equity ETF (GSIE). 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.

	VIDI	GSIE	Difference
Sharpe ratio: Return per unit of total volatility	3.47	1.38	+2.10
Sortino ratio: Return per unit of downside risk	4.50	1.99	+2.51
Omega ratio: Gain probability vs. loss probability	1.63	1.25	+0.38
Calmar ratio: Return relative to maximum drawdown	4.97	1.81	+3.17
Martin ratio: Return relative to average drawdown	19.17	6.87	+12.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VIDI vs. GSIE - Sharpe Ratio Comparison

The current VIDI Sharpe Ratio is 3.47, which is higher than the GSIE Sharpe Ratio of 1.38. The chart below compares the historical Sharpe Ratios of VIDI and GSIE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VIDI	GSIE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.47	1.38	+2.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.77	0.50	+0.26
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.61	0.54	+0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.52	-0.09

Drawdowns

VIDI vs. GSIE - Drawdown Comparison

The maximum VIDI drawdown since its inception was -48.39%, which is greater than GSIE's maximum drawdown of -34.63%. Use the drawdown chart below to compare losses from any high point for VIDI and GSIE.

Drawdown Indicators

	VIDI	GSIE	Difference
Max Drawdown Largest peak-to-trough decline	-48.39%	-34.63%	-13.76%
Max Drawdown (1Y) Largest decline over 1 year	-10.07%	-10.76%	+0.69%
Max Drawdown (3Y) Largest decline over 3 years	-14.54%	-13.07%	-1.47%
Max Drawdown (5Y) Largest decline over 5 years	-30.00%	-29.97%	-0.03%
Max Drawdown (10Y) Largest decline over 10 years	-48.39%	-34.63%	-13.76%
Current Drawdown Current decline from peak	-1.03%	-2.19%	+1.16%
Average Drawdown Average peak-to-trough decline	-10.39%	-6.06%	-4.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.61%	2.82%	-0.21%

Volatility

VIDI vs. GSIE - Volatility Comparison

Vident International Equity Fund (VIDI) and Goldman Sachs ActiveBeta International Equity ETF (GSIE) have volatilities of 4.35% and 4.38%, 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

	VIDI	GSIE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.35%	4.38%	-0.03%
Volatility (6M) Calculated over the trailing 6-month period	11.94%	11.60%	+0.34%
Volatility (1Y) Calculated over the trailing 1-year period	14.44%	14.15%	+0.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.94%	16.04%	-0.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.02%	16.75%	+1.27%

VIDI vs. GSIE - Expense Ratio Comparison

VIDI has a 0.59% expense ratio, which is higher than GSIE's 0.25% expense ratio.

Dividends

VIDI vs. GSIE - Dividend Comparison

VIDI's dividend yield for the trailing twelve months is around 3.62%, more than GSIE's 2.52% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GSIE Goldman Sachs ActiveBeta International Equity ETF	2.52%	2.65%	3.11%	2.87%	3.01%	2.40%	1.60%	2.80%	2.68%	2.31%	2.15%	0.13%
VIDI Vident International Equity Fund	3.62%	4.26%	4.93%	4.14%	5.85%	4.62%	2.51%	3.35%	2.80%	2.21%	1.92%	2.25%

Frequently Asked Questions

Can I hold both VIDI and GSIE in my portfolio?

VIDI and GSIE have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VIDI or GSIE?

GSIE has higher volatility (4.38%) compared to VIDI (4.35%). In terms of maximum drawdown, VIDI dropped -48.39% vs GSIE's -34.63%.

Which ETF is better, VIDI or GSIE?

On 10-year performance, VIDI leads with 10.99% vs 9.08% for GSIE. On fees, GSIE is cheaper at 0.25% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VIDI or GSIE?

Over the 10-year period, VIDI has performed better with a 10.99% return vs 9.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VIDI or GSIE?

GSIE is cheaper with a 0.25% expense ratio, compared with 0.59% for VIDI.

Which ETF pays a higher dividend yield, VIDI or GSIE?

VIDI has the higher dividend yield at 3.62%, compared with 2.52% for GSIE.

What is the main difference between VIDI and GSIE?

VIDI tracks Vident International Equity Index, while GSIE tracks Goldman Sachs ActiveBeta International Equity Index. They also come from different issuers: Vident and Goldman Sachs. Their fees differ too: 0.59% for VIDI and 0.25% for GSIE.

Which has better risk-adjusted returns?

VIDI currently has the higher Sharpe Ratio (3.47 vs 1.38), 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.