XEQT.TO vs. GSWO

Last updated Jun 6, 2026

XEQT.TO (iShares Core Equity ETF Portfolio) and GSWO (Goldman Sachs ActiveBeta World Equity ETF) are both Global Equities funds. XEQT.TO is actively managed, while GSWO is passively managed. A 0.77 correlation means they provide meaningful diversification when combined. XEQT.TO charges 0.20%/yr vs 0.25%/yr for GSWO.

Performance

XEQT.TO vs. GSWO - Performance Comparison

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

Different Trading Currencies

XEQT.TO is traded in CAD, while GSWO is traded in USD. To make them comparable, the GSWO values have been converted to CAD using the latest available exchange rates.

Returns By Period

The year-to-date returns for both investments are quite close, with XEQT.TO having a 10.25% return and GSWO slightly higher at 10.30%.

XEQT.TO

• 1D: -2.62%
• 1M: 1.43%
• YTD: 10.25%
• 6M: 9.51%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GSWO

• 1D: -2.49%
• 1M: 2.07%
• YTD: 10.30%
• 6M: 10.18%
• 1Y: 20.14%
• 3Y*: 19.43%
• 5Y*: —
• 10Y*: —

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

XEQT.TO vs. GSWO - Yearly Performance Comparison

	2026 (YTD)	2025
XEQT.TO iShares Core Equity ETF Portfolio	10.25%	14.62%
GSWO Goldman Sachs ActiveBeta World Equity ETF	10.30%	8.16%

Correlation

The correlation between XEQT.TO and GSWO is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 9, 2025	0.77

Return for Risk

XEQT.TO vs. GSWO — Risk / Return Rank

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

GSWO

GSWO Risk / Return Rank: 50
GSWO Sharpe Ratio Rank: 50
GSWO Sortino Ratio Rank: 51
GSWO Omega Ratio Rank: 51
GSWO Calmar Ratio Rank: 43
GSWO Martin Ratio Rank: 57

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.

XEQT.TO vs. GSWO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core Equity ETF Portfolio (XEQT.TO) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	XEQT.TO	GSWO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.89	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.23	1.36	+0.87

Drawdowns

XEQT.TO vs. GSWO - Drawdown Comparison

The maximum XEQT.TO drawdown since its inception was -8.25%, smaller than the maximum GSWO drawdown of -12.43%. Use the drawdown chart below to compare losses from any high point for XEQT.TO and GSWO.

Drawdown Indicators

	XEQT.TO	GSWO	Difference
Max Drawdown Largest peak-to-trough decline	-8.25%	-12.43%	+4.18%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.45%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-11.05%	—
Current Drawdown Current decline from peak	-2.62%	-2.49%	-0.13%
Average Drawdown Average peak-to-trough decline	-1.04%	-1.94%	+0.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.73%	—

Volatility

Volatility by Period

	XEQT.TO	GSWO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.67%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.13%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.98%	10.70%	+1.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.98%	11.00%	+0.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.98%	11.00%	+0.98%

XEQT.TO vs. GSWO - Expense Ratio Comparison

XEQT.TO has a 0.20% 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%.

Dividends

XEQT.TO vs. GSWO - Dividend Comparison

XEQT.TO's dividend yield for the trailing twelve months is around 1.51%, less than GSWO's 1.65% yield.

Position	TTM	2025	2024	2023	2022
GSWO Goldman Sachs ActiveBeta World Equity ETF	1.65%	1.74%	1.75%	2.06%	1.73%
XEQT.TO iShares Core Equity ETF Portfolio	1.51%	1.66%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XEQT.TO and GSWO in my portfolio?

XEQT.TO and GSWO have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XEQT.TO or GSWO?

On fees, XEQT.TO is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XEQT.TO or GSWO?

XEQT.TO is cheaper with a 0.20% expense ratio, compared with 0.25% for GSWO.

What is the main difference between XEQT.TO and GSWO?

They also come from different issuers: iShares and Goldman Sachs. Their fees differ too: 0.20% for XEQT.TO and 0.25% for GSWO.