WLDR vs. GSWO

Last updated Apr 1, 2026

Compare and contrast key facts about Affinity World Leaders Equity ETF (WLDR) and Goldman Sachs ActiveBeta World Equity ETF (GSWO).

WLDR and GSWO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WLDR is a passively managed fund by Regents Park Funds that tracks the performance of the Thomson Reuters StarMine Affinity World Leaders Index. It was launched on Jan 16, 2018. GSWO is a passively managed fund by Goldman Sachs that tracks the performance of the Goldman Sachs ActiveBeta World Low Vol Plus Equity Index - Benchmark TR Net. It was launched on Mar 15, 2022. Both WLDR and GSWO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

WLDR vs. GSWO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Affinity World Leaders Equity ETF (WLDR) and Goldman Sachs ActiveBeta World Equity ETF (GSWO). The values are adjusted to include any dividend payments, if applicable.

WLDR vs. GSWO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
WLDR Affinity World Leaders Equity ETF	4.74%	31.24%	22.74%	18.93%	-7.18%
GSWO Goldman Sachs ActiveBeta World Equity ETF	-2.17%	18.97%	15.29%	16.28%	-6.15%

Returns By Period

In the year-to-date period, WLDR achieves a 4.74% return, which is significantly higher than GSWO's -2.17% return.

WLDR

• 1D: 3.02%
• 1M: -5.50%
• YTD: 4.74%
• 6M: 8.72%
• 1Y: 40.45%
• 3Y*: 24.21%
• 5Y*: 15.07%
• 10Y*: —

GSWO

• 1D: 2.87%
• 1M: -5.76%
• YTD: -2.17%
• 6M: -0.46%
• 1Y: 11.32%
• 3Y*: 14.53%
• 5Y*: —
• 10Y*: —

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

WLDR vs. GSWO - Expense Ratio Comparison

WLDR has a 0.67% expense ratio, which is higher than GSWO's 0.25% expense ratio.

WLDR

Affinity World Leaders Equity ETF

GSWO

Goldman Sachs ActiveBeta World Equity ETF

Return for Risk

WLDR vs. GSWO — Risk / Return Rank

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

WLDR

WLDR Risk / Return Rank: 93
WLDR Sharpe Ratio Rank: 92
WLDR Sortino Ratio Rank: 93
WLDR Omega Ratio Rank: 93
WLDR Calmar Ratio Rank: 90
WLDR Martin Ratio Rank: 94

GSWO

GSWO Risk / Return Rank: 48
GSWO Sharpe Ratio Rank: 45
GSWO Sortino Ratio Rank: 44
GSWO Omega Ratio Rank: 47
GSWO Calmar Ratio Rank: 48
GSWO Martin Ratio Rank: 56

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.

WLDR vs. GSWO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Affinity World Leaders Equity ETF (WLDR) and Goldman Sachs ActiveBeta World Equity ETF (GSWO). 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.

	WLDR	GSWO	Difference
Sharpe ratio Return per unit of total volatility	2.15	0.84	+1.31
Sortino ratio Return per unit of downside risk	2.81	1.24	+1.57
Omega ratio Gain probability vs. loss probability	1.43	1.18	+0.24
Calmar ratio Return relative to maximum drawdown	3.04	1.24	+1.80
Martin ratio Return relative to average drawdown	14.50	5.62	+8.89
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WLDR vs. GSWO - Sharpe Ratio Comparison

The current WLDR Sharpe Ratio is 2.15, which is higher than the GSWO Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of WLDR and GSWO, 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

	WLDR	GSWO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.15	0.84	+1.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.89	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	0.77	-0.30

Correlation

The correlation between WLDR and GSWO is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

WLDR vs. GSWO - Dividend Comparison

WLDR's dividend yield for the trailing twelve months is around 8.72%, more than GSWO's 1.83% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
WLDR Affinity World Leaders Equity ETF	8.72%	9.01%	13.99%	2.28%	2.10%	7.55%	1.80%	2.48%	2.82%
GSWO Goldman Sachs ActiveBeta World Equity ETF	1.83%	1.74%	1.75%	2.06%	1.73%	0.00%	0.00%	0.00%	0.00%

Drawdowns

WLDR vs. GSWO - Drawdown Comparison

The maximum WLDR drawdown since its inception was -44.69%, which is greater than GSWO's maximum drawdown of -17.77%. Use the drawdown chart below to compare losses from any high point for WLDR and GSWO.

Drawdown Indicators

	WLDR	GSWO	Difference
Max Drawdown Largest peak-to-trough decline	-44.69%	-17.77%	-26.92%
Max Drawdown (1Y) Largest decline over 1 year	-13.31%	-9.50%	-3.81%
Max Drawdown (5Y) Largest decline over 5 years	-23.77%	—	—
Current Drawdown Current decline from peak	-6.11%	-6.31%	+0.20%
Average Drawdown Average peak-to-trough decline	-8.79%	-3.35%	-5.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.79%	2.10%	+0.69%

Volatility

WLDR vs. GSWO - Volatility Comparison

Affinity World Leaders Equity ETF (WLDR) has a higher volatility of 6.81% compared to Goldman Sachs ActiveBeta World Equity ETF (GSWO) at 5.76%. This indicates that WLDR's price experiences larger fluctuations and is considered to be riskier than GSWO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WLDR	GSWO	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.81%	5.76%	+1.05%
Volatility (6M) Calculated over the trailing 6-month period	11.45%	8.20%	+3.25%
Volatility (1Y) Calculated over the trailing 1-year period	18.94%	13.60%	+5.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.06%	12.98%	+4.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.99%	12.98%	+8.01%