Goldman Sachs Competition

GSUS Etf

USD 90.64 0.08 0.09%

The peer set for Goldman Sachs MarketBeta commonly includes Goldman Sachs, Goldman Sachs, Hartford Multifactor, Direxion NASDAQ, and Pacer Funds. Price-to-sales ratios across Goldman Sachs' competitors show which names the market values most per dollar of revenue.

Goldman Sachs and Kovitz Core Correlation Overview

Very poor diversification

Goldman Sachs currently posts a 0.84 correlation with Kovitz Core, indicating a Very poor diversification relationship for the active sample. Lower overlap tends to improve diversification, while higher overlap means both positions carry similar risk.

Moving together with Goldman Etf

0.98	VTI	Vanguard Total Stock	Pair Corr
0.99	SPY	SPDR SAMPP 500	Pair Corr
0.99	IVV	iShares Core SAMPP	Pair Corr
0.71	VIG	Vanguard Dividend	Pair Corr
1.0	VV	Vanguard Large Cap	Pair Corr

Moving against Goldman Etf

0.91	VXX	iPath Series B Low Volatility	Pair Corr
0.91	VIXY	ProShares VIX Short Downward Rally	Pair Corr
0.89	VIXM	ProShares VIX Mid Low Volatility	Pair Corr
0.86	VXZ	iPath Series B Low Volatility	Pair Corr
0.55	SPLG	SSgA Symbol Change	Pair Corr

Specify up to 10 symbols:

While mean reversion in Goldman Sachs is a statistically observable tendency, it operates on uncertain timelines. Mean reversion opportunities in Goldman Sachs' arise when prices disconnect from earnings, book value, or historical multiples. Mean reversion in Goldman Sachs is more reliable over longer time horizons than shorter ones. In highly covered equities like Goldman Sachs, the mean reversion window tends to be shorter.

Hype

Prediction

Low	Estimated	High
89.90	90.67	91.44

Details

Intrinsic

Valuation

Low	Real	High
90.44	91.21	91.98

Details

Naive

Forecast

Low	Next	High
88.55	89.33	90.10

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
89.84	93.06	96.29

Details

Relative analysis of Goldman Sachs against direct competitors reveals the true source of Goldman Sachs' valuation. This cross-sectional approach separates idiosyncratic performance from sector-level trends. The most actionable insights from Goldman Sachs analysis often emerge from peer comparison. This relative analysis is the foundation of most institutional investment decisions on Goldman Sachs.

Goldman Sachs Competition Correlation Matrix

Studying peer correlation around Goldman Sachs MarketBeta gives investors a cleaner read on how much independent price behavior still exists across the competitive set. Used correctly, correlation analysis helps separate broad industry exposure from company-specific behavior before additional capital is allocated across the peer group.

	GLOV	GEM	RODM	QQQE	QDPL	SPGM	EWL	VTWG	GSEW	EQTY
GLOV		0.76	0.75	0.19	0.44	0.93	0.89	0.36	0.76	0.43	GLOV
GEM	0.76		0.88	0.16	0.28	0.82	0.8	0.39	0.8	0.25	GEM
RODM	0.75	0.88		-0.19	-0.04	0.67	0.71	0.02	0.64	-0.08	RODM
QQQE	0.19	0.16	-0.19		0.86	0.38	0.32	0.84	0.56	0.8	QQQE
QDPL	0.44	0.28	-0.04	0.86		0.55	0.57	0.85	0.62	0.84	QDPL
SPGM	0.93	0.82	0.67	0.38	0.55		0.85	0.57	0.84	0.62	SPGM
EWL	0.89	0.8	0.71	0.32	0.57	0.85		0.5	0.83	0.43	EWL
VTWG	0.36	0.39	0.02	0.84	0.85	0.57	0.5		0.72	0.83	VTWG
GSEW	0.76	0.8	0.64	0.56	0.62	0.84	0.83	0.72		0.58	GSEW
EQTY	0.43	0.25	-0.08	0.8	0.84	0.62	0.43	0.83	0.58		EQTY
	GLOV	GEM	RODM	QQQE	QDPL	SPGM	EWL	VTWG	GSEW	EQTY

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High positive correlations

SPGM	+ 0.93	GLOV
EWL	+ 0.89	GLOV
RODM	+ 0.88	GEM
QDPL	+ 0.86	QQQE
VTWG	+ 0.85	QDPL
EWL	+ 0.85	SPGM

High negative correlations

QQQE	- 0.19	RODM
EQTY	- 0.08	RODM
QDPL	- 0.04	RODM

Goldman Sachs Constituents Risk-Adjusted Indicators

Goldman Sachs ETF can look attractive on recent price action while risk efficiency lags the peer group. Without risk-adjusted context, investors may overweight short-term returns and underweight the volatility required to achieve them. These indicators are quantitative in nature and help investors evaluate volatility and risk-adjusted expected returns across different positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
GLOV	0.54	-0.07	0.00	0.24	0.00	0.00	0.90	-1.40	3.86
GEM	1.04	0.20	0.12	0.11	1.50	-1.03	2.40	-2.21	7.60
RODM	0.58	0.12	0.16	0.14	0.79	-0.57	1.23	-1.47	3.75
QQQE	0.75	0.02	0.00	-0.05	0.00	0.00	1.34	-1.52	4.16
QDPL	0.57	-0.01	0.00	-0.08	0.00	0.00	1.10	-1.52	3.52
SPGM	0.67	-0.06	0.00	0.18	0.00	0.00	1.09	-1.84	4.42
EWL	0.75	0.00	0.00	-0.07	0.00	0.00	1.37	-2.29	5.08
VTWG	1.10	0.04	0.00	-0.04	0.00	0.00	1.76	-2.43	7.09
GSEW	0.63	0.06	0.07	0.00	0.86	-0.64	1.23	-1.57	4.26
EQTY	0.64	-0.10	0.00	0.50	0.00	0.00	1.24	-1.55	3.96

Goldman Sachs Competitive Analysis

Better Than Average

Worse Than Peers

View Performance Chart

	GSUS	GLOV	GEM	RODM	QQQE	QDPL	SPGM	EWL	VTWG	GSEW
	0.09 90.64 Goldman	1.93 55.88 Goldman	0.21 43.68 Goldman	0.08 38.68 Hartford	0.88 99.02 Direxion	0.61 40.41 Pacer	1.56 75.65 SPDR	0.35 57.23 IShares	0.53 232.63 Vanguard	0.29 85.34 Goldman
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	Contained	Moderate	Weak	Weak	Weak	Weak	Weak	Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Low	Hazard	Low	Small	Low	Low	Low	Fair	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Over Valued	Under Valued	Under Valued	Fairly Valued	Fairly Valued	Over Valued	Fairly Valued	Fairly 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 Sell	Strong Buy	Strong Buy	Strong Hold	Strong Hold	Strong Sell	Hold	Strong Hold	Buy
Price To Sales	N/A	N/A	1.13	0.88	2.28	N/A	N/A	1.85	1.52	N/A
Equity Positions Weight	100.0	100.0	99.29	99.08	99.93	104.43	99.72	98.9	98.25	100.0
Three Year Return	20.4	16.1	16.9	19.2	13.4	18.0	18.3	11.8	13.0	15.0
Net Asset	587.52 M	515.79 M	877.69 M	1.25 B	633.03 M	68.39 M	437.14 M	1.25 B	820.79 M	551.05 M
Price To Book	N/A	0.07	1.46	1.5	3.84	N/A	N/A	2.25	3.33	N/A
Five Year Return	12.1	N/A	4.1	9.3	6.9	N/A	9.6	7.0	0.8	8.1
One Year Return	17.3	16.8	28.2	25.7	11.7	14.3	19.5	7.7	17.7	11.1
Last Dividend Paid	N/A	N/A	0.0338	0.41	0.089	0.39	0.61	0.62	0.23	0.28
Ten Year Return	N/A	N/A	7.6	8.3	13.4	N/A	11.5	8.8	9.8	N/A
Beta	1.02	0.72	0.91	0.89	1.08	0.89	1.02	1.03	1.46	1.0
Price To Earning	N/A	N/A	11.6	15.08	22.14	N/A	N/A	6.14	24.4	N/A
Day Typical Price	90.61	56.12	43.68	38.67	99.02	40.41	75.18	57.23	232.22	85.26
Accumulation Distribution	9.0E-4	0.0178	N/A	N/A	N/A	N/A	0.0215	N/A	0.0052	0.0029
Market Facilitation Index	0.08	1.01	N/A	N/A	N/A	N/A	1.63	N/A	1.22	0.25
Daily Balance Of Power	1.0	-1.09	N/A	N/A	N/A	N/A	0.7117	N/A	1.0	1.0
Period Momentum Indicator	0.08	-1.10	-0.09	-0.03	-0.88	-0.25	1.16	-0.20	1.22	0.25
Rate Of Daily Change	1.0	0.98	1.0	1.0	0.99	0.99	1.02	1.0	1.01	1.0
Day Median Price	90.6	56.24	43.68	38.67	99.02	40.41	74.94	57.23	232.02	85.22
Price Action Indicator	0.08	-0.90	-0.04	-0.01	-0.44	-0.12	1.29	-0.10	1.22	0.25
Relative Strength Index	39.61	35.87	48.01	46.65	41.79	38.0	41.89	35.66	44.82	44.16
Coefficient Of Variation	-1,576	-1,616	1033.57	845.74	-2,589	-1,511	-2,510	-2,871	-3,451	14516.67
Mean Deviation	0.6083	0.537	1.04	0.5807	0.7453	0.5721	0.666	0.7499	1.1	0.634
Jensen Alpha	-0.0043	-0.07	0.2047	0.1185	0.0158	-0.01	-0.06	-0.0022	0.042	0.0579
Total Risk Alpha	0.0051	0.0051	0.242	0.1414	0.0316	0.0027	0.0274	0.0397	0.0643	0.0649
Sortino Ratio	N/A	N/A	0.1186	0.16	N/A	N/A	N/A	N/A	N/A	0.0723
Downside Variance	N/A	N/A	2.67	0.843	N/A	N/A	N/A	N/A	N/A	0.7755
Standard Deviation	0.7791	0.7219	1.4	0.7527	0.9405	0.7638	0.8689	1.04	1.38	0.8349
Kurtosis	0.1256	1.07	1.95	0.8545	-0.43	0.4678	0.4443	0.8889	0.3784	0.3286
Potential Upside	1.04	0.9036	2.4	1.23	1.34	1.1	1.09	1.37	1.76	1.23
Treynor Ratio	-0.07	0.2387	0.1081	0.1357	-0.05	-0.08	0.1757	-0.07	-0.04	-0.0046
Maximum Drawdown	3.52	3.86	7.6	3.75	4.16	3.52	4.42	5.08	7.09	4.26
Variance	0.6071	0.5212	1.97	0.5666	0.8845	0.5834	0.755	1.07	1.9	0.6971
Market Risk Adjusted Performance	-0.06	0.2487	0.1181	0.1457	-0.04	-0.07	0.1857	-0.06	-0.03	0.0054
Risk Adjusted Performance	-0.05	-0.05	0.0835	0.096	-0.03	-0.05	-0.03	-0.03	-0.02	0.0058
Skewness	-0.32	-0.26	-0.78	-0.80	-0.13	-0.25	-0.53	-0.61	0.0993	-0.11
Semi Deviation	N/A	N/A	1.5	0.7912	N/A	N/A	N/A	N/A	N/A	0.8633
Information Ratio	0.0109	0.0183	0.138	0.1952	0.0229	0.0096	0.0268	0.0211	0.013	0.0762
Value At Risk	-1.47	-1.40	-2.21	-1.47	-1.52	-1.52	-1.84	-2.29	-2.43	-1.57
Expected Short fall	N/A	N/A	-1.03	-0.57	N/A	N/A	N/A	N/A	N/A	-0.64
Downside Deviation	N/A	N/A	1.63	0.9182	N/A	N/A	N/A	N/A	N/A	0.8806
Semi Variance	N/A	N/A	2.24	0.626	N/A	N/A	N/A	N/A	N/A	0.7454

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

Market share trends show Goldman Sachs gaining ground while several peers have seen flat or declining positions. Capex-to-depreciation ratios across Goldman Sachs' competitors separate companies that are investing for growth from those in maintenance mode. Sector and peer comparisons can improve selection when multiple related names appear investable.

Data shown for Goldman Sachs MarketBeta is aggregated from fund disclosures and market reference feeds and normalized across reporting formats. Source publication timing can introduce delays.

This content is curated and reviewed by:

Michael Smolkin - Member of Macroaxis Board of Directors

Last reviewed on March 6th, 2026

Macroaxis provides analytical tools and reference data for investors of all levels to evaluate holdings and assess risk across market volatility, economic shifts, and company-specific events. View terms and conditions

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Goldman Sachs Competition

Goldman Sachs and Kovitz Core Correlation 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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