Goldman Sachs Competition

GSLC Etf

USD 126.95 -1.94 -1.51%

Goldman Sachs ActiveBeta competes with IShares Russell, Invesco SAMPP, IShares ESG, SPDR Portfolio, and WisdomTree Quality and other related companies. This peer view supports relative benchmarking. Key indicators for Goldman Sachs are compared across peers for reference.

Pair Correlation for Goldman Sachs and Vanguard Financials Overview

Poor diversification

GSLC currently posts a 0.78 correlation with VFH, indicating a Poor diversification relationship for the active sample. The cleaner interpretation is to review correlation beside volatility, expected return, and the role each holding plays in the portfolio.

Moving together with Goldman Etf

0.94	VTI	Vanguard Total Stock	Pair Corr
0.95	SPY	SPDR SAMPP 500	Pair Corr
0.95	IVV	iShares Core SAMPP	Pair Corr
0.99	VV	Vanguard Large Cap	Pair Corr

Moving against Goldman Etf

0.53	SPLG	SSgA Symbol Change	Pair Corr
0.51	SHV	iShares Trust	Pair Corr

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The mean reversion effect in Goldman Sachs is stronger when the initial deviation was driven by sentiment rather than fundamental change. Identifying the root cause of Goldman Sachs' price dislocation is essential before acting.

Hype

Prediction

Low	Estimated	High
128.14	128.87	129.60

Details

Intrinsic

Valuation

Low	Real	High
128.66	129.39	130.12

Details

Naive

Forecast

Low	Next	High
126.67	127.41	128.14

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
127.71	131.08	134.44

Details

Competitive positioning is a critical dimension of Goldman Sachs analysis. Understanding where Goldman Sachs ActiveBeta stands relative to its peers on returns, growth, and valuation helps investors assess whether its advantage is sustainable.

Goldman Sachs Competition Correlation Matrix

Studying peer correlation around Goldman Sachs ActiveBeta gives investors a cleaner read on how much independent price behavior still exists across the competitive set. This matrix is most informative when investors want to know whether adding another peer would improve diversification, increase crowding, or leave total risk largely unchanged.

	IWO	SPHQ	ESGU	SPEM	DGRW	BBJP	IWV	VONV	SPMD	VFH
IWO		0.34	0.77	0.48	0.42	0.27	0.86	0.41	0.56	0.42	IWO
SPHQ	0.34		0.16	0.87	0.97	0.94	0.38	0.96	0.94	-0.39	SPHQ
ESGU	0.77	0.16		0.24	0.31	0.03	0.96	0.14	0.27	0.71	ESGU
SPEM	0.48	0.87	0.24		0.89	0.88	0.46	0.92	0.89	-0.31	SPEM
DGRW	0.42	0.97	0.31	0.89		0.93	0.52	0.95	0.94	-0.26	DGRW
BBJP	0.27	0.94	0.03	0.88	0.93		0.27	0.93	0.91	-0.45	BBJP
IWV	0.86	0.38	0.96	0.46	0.52	0.27		0.39	0.5	0.56	IWV
VONV	0.41	0.96	0.14	0.92	0.95	0.93	0.39		0.96	-0.4	VONV
SPMD	0.56	0.94	0.27	0.89	0.94	0.91	0.5	0.96		-0.25	SPMD
VFH	0.42	-0.39	0.71	-0.31	-0.26	-0.45	0.56	-0.4	-0.25		VFH
	IWO	SPHQ	ESGU	SPEM	DGRW	BBJP	IWV	VONV	SPMD	VFH

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High positive correlations

DGRW	+ 0.97	SPHQ
VONV	+ 0.96	SPHQ
IWV	+ 0.96	ESGU
SPMD	+ 0.96	VONV
VONV	+ 0.95	DGRW
BBJP	+ 0.94	SPHQ

High negative correlations

VFH	- 0.45	BBJP
VFH	- 0.4	VONV
VFH	- 0.39	SPHQ
VFH	- 0.31	SPEM
VFH	- 0.26	DGRW
VFH	- 0.25	SPMD

Goldman Sachs Constituents Risk-Adjusted Indicators

Goldman Sachs ETF may look attractive on headline returns alone, but deeper analysis often tells a different story. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Goldman Sachs' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
IWO	1.03	-0.01	0.00	-0.05	0.00	0.00	1.59	-2.08	6.82
SPHQ	0.69	0.07	0.09	0.03	0.82	-0.77	1.15	-1.53	4.42
ESGU	0.59	-0.02	0.00	-0.07	0.00	0.00	0.94	-1.28	3.75
SPEM	0.77	0.05	0.08	-0.96	1.06	-0.74	1.64	-1.49	5.76
DGRW	0.45	0.02	0.05	-0.01	0.65	-0.43	0.77	-1.20	3.23
BBJP	0.93	0.12	0.09	0.07	1.20	-1.02	2.13	-2.18	7.59
IWV	0.57	-0.01	0.00	-0.06	0.00	0.00	0.88	-1.34	3.70
VONV	0.51	0.08	0.11	0.06	0.66	-0.48	0.89	-1.28	3.07
SPMD	0.72	0.06	0.06	0.01	0.94	-0.73	1.36	-1.72	5.56
VFH	0.82	-0.08	0.00	-0.12	0.00	0.00	1.66	-1.94	5.69

Goldman Sachs Competitive Analysis

Better Than Average

Worse Than Peers

View Performance Chart

	GSLC	IWO	SPHQ	ESGU	SPEM	DGRW	BBJP	IWV	VONV	SPMD
	1.51 126.95 Goldman	1.69 315.57 IShares	1.52 75.94 Invesco	1.38 143.38 IShares	1.59 47.00 SPDR	1.60 88.53 WisdomTree	1.07 68.69 JPMorgan	1.31 375.30 IShares	1.22 94.36 Vanguard	0.91 59.11 SPDR
Market Volatility (90 Days Market Risk)	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low	Very Low
Market Performance (90 Days Performance)	Weak	Weak	Mild	Weak	Contained	Soft	Contained	Weak	Contained	Mild
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Low	Low	Low	Low	Low	Low	Low	Low	Small
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Over Valued	Fairly Valued	Fairly Valued	Fairly Valued	Under Valued	Fairly Valued
Buy or Sell Analysis (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Strong Hold	Strong Hold	Buy	Strong Hold	Strong Sell	Strong Hold	Strong Hold	Strong Hold	Strong Buy	Strong Hold
Price To Sales	1.56	1.51	1.97	N/A	N/A	1.68	N/A	1.76	1.63	0.05
Equity Positions Weight	100.0	99.88	100.0	99.59	98.45	100.0	99.77	99.79	99.31	99.94
Three Year Return	19.8	13.9	21.0	20.5	16.5	16.4	18.8	20.6	15.9	13.1
Net Asset	10.49 B	8.6 B	3.15 B	20.04 B	5.15 B	6.33 B	6.03 B	9.44 B	7.09 B	4.68 B
Price To Book	2.86	3.33	5.6	N/A	N/A	4.55	N/A	2.57	1.79	-0.12
Five Year Return	11.5	0.5	13.3	11.1	4.4	11.8	6.9	10.9	9.3	6.5
One Year Return	18.9	24.5	17.7	20.8	22.6	16.0	27.1	21.3	19.7	16.6
Last Dividend Paid	0.31	0.31	0.16	0.26	0.3	0.04	0.57	0.24	0.33	0.17
Ten Year Return	13.5	10.1	13.9	N/A	8.7	13.5	N/A	13.9	10.6	11.0
Price To Earning	18.07	1.51	18.5	N/A	N/A	17.08	N/A	2.32	17.86	0.31
Beta	1.01	1.45	0.84	1.04	0.79	0.87	0.84	1.04	0.84	1.12
Day Typical Price	127.5	317.09	76.26	143.78	47.25	88.91	68.94	376.69	94.66	59.35
Accumulation Distribution	5101.61	9246.94	18321.3	0.0083	71618.55	13768.84	22875.99	4807.17	5195.24	47256.39
Market Facilitation Index	0.0	0.0	0.0	1.2	N/A	0.0	N/A	0.0	0.0	N/A
Daily Balance Of Power	-1.14	-1.08	-1.14	-1.68	-0.95	-1.20	-0.84	-1.09	-1.21	-0.70
Period Momentum Indicator	-1.94	-5.43	-1.17	-2.01	-0.76	-1.44	-0.74	-4.98	-1.17	-0.54
Rate Of Daily Change	0.98	0.98	0.98	0.99	0.98	0.98	0.99	0.99	0.99	0.99
Day Median Price	127.78	317.85	76.43	143.98	47.38	89.1	69.06	377.38	94.82	59.47
Price Action Indicator	-1.80	-4.99	-1.07	-1.61	-0.76	-1.29	-0.74	-4.57	-1.04	-0.62
Relative Strength Index	39.86	42.17	43.51	41.15	43.76	39.5	45.31	41.24	44.57	43.68
Coefficient Of Variation	-1,667	-2,559	2061.09	-1,719	1776.2	12958.83	1492.28	-2,137	1252.06	3862.01
Mean Deviation	0.5699	1.03	0.6864	0.5857	0.7723	0.4537	0.935	0.5674	0.5119	0.7241
Jensen Alpha	-0.02	-0.01	0.0704	-0.02	0.0454	0.022	0.1191	-0.01	0.0757	0.0587
Total Risk Alpha	-0.02	0.0063	0.0775	-0.01	0.1002	0.026	0.144	-0.01	0.0791	0.0652
Sortino Ratio	N/A	N/A	0.0853	N/A	0.076	0.0525	0.0884	N/A	0.1101	0.0552
Downside Variance	N/A	N/A	0.7362	N/A	1.35	0.4586	1.77	N/A	0.5951	1.03
Standard Deviation	0.7299	1.29	0.8733	0.7633	1.02	0.6054	1.3	0.7382	0.6768	0.9684
Kurtosis	0.4418	0.5837	0.2193	0.5407	1.74	1.19	1.29	0.5691	0.1454	1.07
Potential Upside	0.8451	1.59	1.15	0.936	1.64	0.7733	2.13	0.8792	0.8884	1.36
Treynor Ratio	-0.07	-0.05	0.0348	-0.07	-0.96	-0.01	0.0745	-0.06	0.0569	0.0141
Maximum Drawdown	3.59	6.82	4.42	3.75	5.76	3.23	7.59	3.7	3.07	5.56
Variance	0.5327	1.67	0.7627	0.5827	1.04	0.3665	1.68	0.5449	0.4581	0.9379
Market Risk Adjusted Performance	-0.06	-0.04	0.0448	-0.06	-0.95	0.002	0.0845	-0.05	0.0669	0.0241
Risk Adjusted Performance	-0.05	-0.03	0.0393	-0.05	0.0467	0.003	0.0569	-0.04	0.0614	0.0223
Skewness	-0.33	0.1505	-0.14	-0.34	-0.72	-0.18	-0.28	-0.21	-0.30	0.0682
Semi Deviation	N/A	N/A	0.8191	N/A	1.06	0.6505	1.2	N/A	0.6634	0.9367
Information Ratio	-0.02	-0.02	0.0839	-0.02	0.0865	0.0587	0.0908	-0.005	0.1255	0.0578
Value At Risk	-1.32	-2.08	-1.53	-1.28	-1.49	-1.20	-2.18	-1.34	-1.28	-1.72
Expected Short fall	N/A	N/A	-0.77	N/A	-0.74	-0.43	-1.02	N/A	-0.48	-0.73
Downside Deviation	N/A	N/A	0.858	N/A	1.16	0.6772	1.33	N/A	0.7714	1.01
Semi Variance	N/A	N/A	0.671	N/A	1.12	0.4232	1.43	N/A	0.4401	0.8774

Goldman Sachs Competition Peer Performance Charts

How to Analyze Goldman Sachs Against Peers

Goldman Sachs' peer analysis compares Goldman Sachs with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:

Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
Check valuation dispersion: Review whether Goldman Sachs trades at a premium or discount versus peers and why.
Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
Document the thesis: Record where Goldman Sachs leads or lags and what catalysts could close or widen the gap.

Use this as an educational baseline, then validate conclusions with current filings, market conditions, and portfolio objectives.

Peer Comparison Metrics & Methodology

Analyzing Goldman Sachs peers expands diversification context, relative positioning, and sector theme understanding - the view compares related instruments across sectors and thematic groups. Comparative analysis works best when peers share business drivers, cycle exposure, and capital structure characteristics.

Unless otherwise specified, data for Goldman Sachs ActiveBeta is compiled from fund disclosures and market reference feeds and standardized for comparability. Updates may occur throughout the day.

This content is curated and reviewed by:

Gabriel Shpitalnik - Member of Macroaxis Editorial Board

Last reviewed on March 9th, 2026

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Goldman Sachs Competition

Pair Correlation for Goldman Sachs and Vanguard Financials Overview

Moving together with Goldman Etf

Moving against Goldman Etf

Specify up to 10 symbols:

Goldman Sachs Competition Correlation Matrix

High positive correlations

High negative correlations

Goldman Sachs Constituents Risk-Adjusted Indicators

Goldman Sachs Competitive Analysis

Goldman Sachs Competition Peer Performance Charts

How to Analyze Goldman Sachs Against Peers

Peer Comparison Metrics & Methodology

This content is curated and reviewed by:

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