WRND vs. GSWO
Compare and contrast key facts about IQ Global Equity R&D Leaders ETF (WRND) and Goldman Sachs ActiveBeta World Equity ETF (GSWO).
WRND and GSWO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WRND is a passively managed fund by IndexIQ that tracks the performance of the IQ Global Equity R&D Leaders Index - Benchmark TR Net. It was launched on Feb 8, 2022. 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 WRND 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
WRND vs. GSWO - Performance Comparison
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WRND vs. GSWO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WRND IQ Global Equity R&D Leaders ETF | -3.11% | 27.72% | 13.46% | 34.85% | -14.80% |
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, WRND achieves a -3.11% return, which is significantly lower than GSWO's -2.17% return.
WRND
- 1D
- 4.07%
- 1M
- -6.90%
- YTD
- -3.11%
- 6M
- -0.04%
- 1Y
- 22.97%
- 3Y*
- 17.80%
- 5Y*
- —
- 10Y*
- —
GSWO
- 1D
- 2.87%
- 1M
- -5.76%
- YTD
- -2.17%
- 6M
- -0.46%
- 1Y
- 11.32%
- 3Y*
- 14.53%
- 5Y*
- —
- 10Y*
- —
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WRND vs. GSWO - Expense Ratio Comparison
WRND has a 0.18% expense ratio, which is lower than GSWO's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
WRND vs. GSWO — Risk / Return Rank
WRND
GSWO
WRND vs. GSWO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IQ Global Equity R&D Leaders ETF (WRND) 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.
| WRND | GSWO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.12 | 0.84 | +0.29 |
Sortino ratioReturn per unit of downside risk | 1.67 | 1.24 | +0.43 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.18 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.75 | 1.24 | +0.51 |
Martin ratioReturn relative to average drawdown | 6.86 | 5.62 | +1.24 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| WRND | GSWO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.12 | 0.84 | +0.29 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.77 | -0.19 |
Correlation
The correlation between WRND and GSWO is 0.80, 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
WRND vs. GSWO - Dividend Comparison
WRND's dividend yield for the trailing twelve months is around 1.18%, less than GSWO's 1.83% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
WRND IQ Global Equity R&D Leaders ETF | 1.18% | 1.29% | 1.15% | 2.06% | 2.06% |
GSWO Goldman Sachs ActiveBeta World Equity ETF | 1.83% | 1.74% | 1.75% | 2.06% | 1.73% |
Drawdowns
WRND vs. GSWO - Drawdown Comparison
The maximum WRND drawdown since its inception was -27.16%, which is greater than GSWO's maximum drawdown of -17.77%. Use the drawdown chart below to compare losses from any high point for WRND and GSWO.
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Drawdown Indicators
| WRND | GSWO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.16% | -17.77% | -9.39% |
Max Drawdown (1Y)Largest decline over 1 year | -12.75% | -9.50% | -3.25% |
Current DrawdownCurrent decline from peak | -8.87% | -6.31% | -2.56% |
Average DrawdownAverage peak-to-trough decline | -6.16% | -3.35% | -2.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.26% | 2.10% | +1.16% |
Volatility
WRND vs. GSWO - Volatility Comparison
IQ Global Equity R&D Leaders ETF (WRND) has a higher volatility of 8.10% compared to Goldman Sachs ActiveBeta World Equity ETF (GSWO) at 5.76%. This indicates that WRND'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.
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Volatility by Period
| WRND | GSWO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.10% | 5.76% | +2.34% |
Volatility (6M)Calculated over the trailing 6-month period | 13.20% | 8.20% | +5.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.59% | 13.60% | +6.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.78% | 12.98% | +5.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.78% | 12.98% | +5.80% |