BCTK vs GCAL

Comparison between BARON TECHNOLOGY ETF (BCTK, ETF) and GOLDMAN SACHS DYNAMIC CALIFORNIA MUNICIPAL INCOME ETF (GCAL, ETF).

BCTK vs GCAL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BCTK(ETF)	GCAL(ETF)
Net Assets	$165M	$165M
Expense Ratio	0.75%	0.30%
Max Drawdown	13.96%	5.11%
Sharpe Ratio	1.37	1.14
5Y Beta	1.88	0.01
P/E Ratio	22.03	N/A
Forward P/E	36.42	N/A
5Y EPS CAGR	33.61%	N/A
P/S Ratio	3.71	N/A
P/B Ratio	11.18	N/A

Net Assets

BCTK

$165M

GCAL

$165M

Expense Ratio

BCTK

0.75%

Winner

GCAL

0.30%

Max Drawdown

BCTK

13.96%

Winner

GCAL

5.11%

Sharpe Ratio

Winner

BCTK

1.37

GCAL

1.14

5Y Beta

BCTK

1.88

Winner

GCAL

0.01

P/E Ratio

BCTK

22.03

GCAL

N/A

Forward P/E

BCTK

36.42

GCAL

N/A

5Y EPS CAGR

BCTK

33.61%

GCAL

N/A

P/S Ratio

BCTK

3.71

GCAL

N/A

P/B Ratio

BCTK

11.18

GCAL

N/A

BCTK vs GCAL - Historical Returns

Returns include dividend reinvestment.

Period	BCTK	GCAL
1 month	+5.56%	+0.62%
3 months	+18.39%	+0.37%
6 months	+19.75%	+2.05%
1 year	N/A	+6.72%
Max(CAGR)	+46.62%	+4.21%

Winner

BCTK

+5.56%

GCAL

+0.62%

Winner

BCTK

+18.39%

GCAL

+0.37%

Winner

BCTK

+19.75%

GCAL

+2.05%

BCTK

N/A

GCAL

+6.72%

Max(CAGR)

Winner

BCTK

+46.62%

GCAL

+4.21%

BCTK vs GCAL - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	BCTK	GCAL
2026	+16.82%	+1.52%
2025	+1.80%	+4.44%
2024	N/A	+1.65%

BCTK vs GCAL Drawdown Comparison

The maximum drawdown for BCTK was -13.96%, occurring on Mar 30, 2026. Recovery took 66 trading sessions.

The maximum drawdown for GCAL was -4.39%, occurring on Apr 11, 2025. Recovery took 130 trading sessions.

The current BCTK drawdown is -8.41%. The current GCAL drawdown is -0.35%.

Rank	BCTK	GCAL
#1	-13.96% Jan 7, 2026 - Apr 14, 2026	-4.39% Mar 3, 2025 - Sep 8, 2025
#2	-8.41% Jun 2, 2026 - Jun 5, 2026	-2.24% Feb 27, 2026 - Mar 26, 2026
#3	-4.65% May 14, 2026 - May 26, 2026	-1.97% Dec 4, 2024 - Feb 25, 2025
#4	-2.86% Apr 24, 2026 - May 1, 2026	-1.92% Oct 1, 2024 - Dec 2, 2024
#5	-2.41% Dec 15, 2025 - Dec 19, 2025	-0.80% Aug 5, 2024 - Sep 4, 2024
#6	-2.18% Dec 26, 2025 - Jan 6, 2026	-0.45% Sep 17, 2025 - Oct 8, 2025
#7	-1.73% Apr 22, 2026 - Apr 24, 2026	-0.40% Nov 11, 2025 - Nov 25, 2025
#8	-1.36% May 11, 2026 - May 14, 2026	-0.36% Jan 16, 2026 - Jan 30, 2026
#9	-0.89% May 26, 2026 - May 28, 2026	-0.35% Nov 26, 2025 - Dec 18, 2025
#10	-0.60% Apr 17, 2026 - Apr 22, 2026	-0.27% Oct 24, 2025 - Nov 10, 2025
#11	-0.52% May 6, 2026 - May 8, 2026	-0.16% Sep 16, 2024 - Sep 27, 2024
#12	N/A	-0.14% Dec 24, 2025 - Dec 29, 2025
#13	N/A	-0.10% Oct 22, 2025 - Oct 24, 2025
#14	N/A	-0.09% Feb 25, 2025 - Feb 28, 2025
#15	N/A	-0.07% Oct 14, 2025 - Oct 16, 2025