ERH vs GSEU

Comparison between Allspring Utilities and High Income Fund (ERH, ETF) and GOLDMAN SACHS ACTIVEBETA(R) EUROPE EQUITY ETF (GSEU, ETF).

5-Year PerformanceGSEU has outperformed ERH, delivering a return of +9.2% compared to +3.3%

ERH vs GSEU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ERH(ETF)	GSEU(ETF)
Net Assets	$121M	$121M
Expense Ratio	N/A	0.25%
Max Drawdown	74.70%	39.42%
Sharpe Ratio	0.11	0.97
5Y Beta	0.27	0.67
5Y Dividends CAGR	1.79%	14.37%

Net Assets

ERH

$121M

Winner

GSEU

$121M

Expense Ratio

ERH

N/A

GSEU

0.25%

Max Drawdown

ERH

74.70%

Winner

GSEU

39.42%

Sharpe Ratio

ERH

0.11

Winner

GSEU

0.97

5Y Beta

Winner

ERH

0.27

GSEU

0.67

5Y Dividends CAGR

ERH

1.79%

Winner

GSEU

14.37%

ERH vs GSEU - Historical Returns

Returns include dividend reinvestment.

Period	ERH	GSEU
1 month	-2.20%	+4.80%
3 months	-1.59%	+5.44%
6 months	-4.53%	+4.89%
1 year	+4.24%	+20.96%
5 years(CAGR)	+3.35%	+9.17%
10 years(CAGR)	+6.32%	+9.90%
Max(CAGR)	+6.94%	+9.91%

ERH

-2.20%

Winner

GSEU

+4.80%

ERH

-1.59%

Winner

GSEU

+5.44%

ERH

-4.53%

Winner

GSEU

+4.89%

ERH

+4.24%

Winner

GSEU

+20.96%

5Y(CAGR)

ERH

+3.35%

Winner

GSEU

+9.17%

10Y(CAGR)

ERH

+6.32%

Winner

GSEU

+9.90%

Max(CAGR)

ERH

+6.94%

Winner

GSEU

+9.91%

ERH vs GSEU - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

Year	ERH	GSEU
2026	+3.09%	+12.41%
2025	+19.30%	+36.61%
2024	+24.86%	+3.19%
2023	-11.14%	+19.66%
2022	-18.66%	-18.32%
2021	+24.09%	+15.89%
2020	-2.29%	+5.86%
2019	+31.38%	+25.35%
2018	-8.20%	-14.27%
2017	+18.00%	+27.21%
2016	+15.44%	+2.19%
2015	-7.58%	N/A
2014	+16.65%	N/A
2013	+13.20%	N/A
2012	+9.30%	N/A
2011	+3.37%	N/A
2010	-17.01%	N/A
2009	+39.98%	N/A
2008	-51.44%	N/A
2007	+16.01%	N/A
2006	+63.33%	N/A
2005	+15.48%	N/A
2004	+9.31%	N/A

ERH vs GSEU Drawdown Comparison

The maximum drawdown for ERH was -69.81%, occurring on Mar 9, 2009. Recovery took 2326 trading sessions.

The maximum drawdown for GSEU was -35.71%, occurring on Mar 18, 2020. Recovery took 213 trading sessions.

The current ERH drawdown is -6.71%.

Rank	ERH	GSEU
#1	-69.81% Jan 11, 2008 - Apr 7, 2017	-35.71% Jan 17, 2020 - Nov 19, 2020
#2	-46.06% Feb 20, 2020 - Jun 10, 2021	-34.03% Sep 2, 2021 - Mar 7, 2024
#3	-37.84% Dec 15, 2021 - Jun 3, 2025	-22.26% Jan 26, 2018 - Dec 27, 2019
#4	-25.62% Apr 12, 2007 - Oct 23, 2007	-14.12% Mar 7, 2025 - Apr 28, 2025
#5	-14.12% May 3, 2004 - Nov 4, 2004	-12.51% Jun 8, 2016 - Sep 2, 2016
#6	-13.93% Dec 12, 2017 - Aug 10, 2018	-11.90% Feb 25, 2026 - Jun 12, 2026
#7	-13.90% Nov 13, 2007 - Dec 31, 2007	-10.90% Sep 26, 2024 - Mar 3, 2025
#8	-12.90% Sep 13, 2018 - Feb 4, 2019	-9.25% Sep 7, 2016 - Mar 1, 2017
#9	-12.85% Sep 14, 2021 - Dec 6, 2021	-7.48% Jun 5, 2024 - Aug 23, 2024
#10	-10.95% Jan 3, 2007 - Mar 21, 2007	-5.29% Nov 12, 2025 - Dec 10, 2025
#11	-9.36% Oct 7, 2025 - Feb 25, 2026	-5.05% Jul 23, 2025 - Aug 20, 2025
#12	-8.83% May 4, 2026 - May 18, 2026	-4.64% Jun 15, 2021 - Aug 3, 2021
#13	-8.38% Feb 27, 2026 - May 1, 2026	-4.56% Mar 27, 2024 - May 8, 2024
#14	-7.79% Oct 4, 2005 - Jan 18, 2006	-4.27% Jan 8, 2021 - Feb 12, 2021
#15	-6.40% Mar 7, 2005 - Jun 7, 2005	-4.27% Apr 20, 2016 - Jun 7, 2016

Correlation

Correlation between ERH and GSEU is 0.90 which considered as a strong positive correlation - the stocks tend to move together.

0.90

-101

Dividend Comparison (2004 - 2026)

ERH vs GSEU dividend yield comparison.

Year	ERH	GSEU
2026	5.95%	1.84%
2025	8.13%	2.72%
2024	7.15%	2.35%
2023	9.19%	3.41%
2022	8.09%	3.34%
2021	5.86%	2.71%
2020	7.20%	1.84%
2019	6.53%	3.69%
2018	8.06%	3.40%
2017	6.82%	2.51%
2016	7.53%	2.74%
2015	8.04%	0.00%
2014	7.03%	0.00%
2013	7.63%	0.00%
2012	8.05%	0.00%
2011	8.07%	0.00%
2010	8.67%	0.00%
2009	8.96%	0.00%
2008	23.94%	0.00%
2007	15.45%	0.00%
2006	12.10%	0.00%
2005	20.46%	0.00%
2004	5.12%	0.00%