GHYB vs CWS

Comparison between GOLDMAN SACHS ACCESS HIGH YIELD CORPORATE BOND ETF (GHYB, ETF) and ADVISORSHARES FOCUSED EQUITY ETF (CWS, ETF).

5-Year PerformanceCWS has outperformed GHYB, delivering a return of +8.0% compared to +3.8%

GHYB vs CWS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GHYB(ETF)	CWS(ETF)
Net Assets	$132M	$132M
Expense Ratio	0.15%	0.65%
Max Drawdown	22.16%	33.82%
Sharpe Ratio	0.29	-0.23
5Y Beta	0.22	0.66
P/E Ratio	N/A	23.79
Forward P/E	N/A	19.87
PEG Ratio	N/A	0.71
5Y Dividends CAGR	6.17%	32.22%
5Y EPS CAGR	N/A	23.69%
Debt to Equity	N/A	49.32%
P/S Ratio	N/A	1.34
P/B Ratio	N/A	5.62

Net Assets

GHYB

$132M

CWS

$132M

Expense Ratio

Winner

GHYB

0.15%

CWS

0.65%

Max Drawdown

Winner

GHYB

22.16%

CWS

33.82%

Sharpe Ratio

Winner

GHYB

0.29

CWS

-0.23

5Y Beta

Winner

GHYB

0.22

CWS

0.66

P/E Ratio

GHYB

N/A

CWS

23.79

Forward P/E

GHYB

N/A

CWS

19.87

PEG Ratio

GHYB

N/A

CWS

0.71

5Y Dividends CAGR

GHYB

6.17%

Winner

CWS

32.22%

5Y EPS CAGR

GHYB

N/A

CWS

23.69%

Debt to Equity

GHYB

N/A

CWS

49.32%

P/S Ratio

GHYB

N/A

CWS

1.34

P/B Ratio

GHYB

N/A

CWS

5.62

GHYB vs CWS - Historical Returns

Returns include dividend reinvestment.

Period	GHYB	CWS
1 month	-0.25%	+2.55%
3 months	+0.30%	+1.60%
6 months	+0.68%	-2.07%
1 year	+4.83%	-0.17%
5 years(CAGR)	+3.78%	+8.03%
10 years(CAGR)	+4.45%	+11.32%
Max(CAGR)	+4.45%	+11.32%

GHYB

-0.25%

Winner

CWS

+2.55%

GHYB

+0.30%

Winner

CWS

+1.60%

Winner

GHYB

+0.68%

CWS

-2.07%

Winner

GHYB

+4.83%

CWS

-0.17%

5Y(CAGR)

GHYB

+3.78%

Winner

CWS

+8.03%

10Y(CAGR)

GHYB

+4.45%

Winner

CWS

+11.32%

Max(CAGR)

GHYB

+4.45%

Winner

CWS

+11.32%

GHYB vs CWS - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	GHYB	CWS
2026	+1.16%	+0.33%
2025	+9.08%	+6.52%
2024	+8.17%	+10.75%
2023	+11.97%	+24.69%
2022	-10.87%	-8.78%
2021	+3.50%	+23.04%
2020	+6.08%	+17.50%
2019	+14.59%	+30.28%
2018	-2.30%	-6.53%
2017	+0.28%	+19.95%
2016	N/A	+3.01%

GHYB vs CWS Drawdown Comparison

The maximum drawdown for GHYB was -21.48%, occurring on Mar 23, 2020. Recovery took 109 trading sessions.

The maximum drawdown for CWS was -33.82%, occurring on Mar 23, 2020. Recovery took 122 trading sessions.

The current GHYB drawdown is -0.68%. The current CWS drawdown is -4.11%.

Rank	GHYB	CWS
#1	-21.48% Feb 20, 2020 - Jul 27, 2020	-33.82% Feb 19, 2020 - Aug 12, 2020
#2	-16.08% Dec 27, 2021 - Dec 27, 2023	-24.87% Dec 31, 2021 - Jun 15, 2023
#3	-5.97% Oct 3, 2018 - Jan 30, 2019	-18.40% Sep 13, 2018 - Jun 5, 2019
#4	-4.66% Feb 28, 2025 - May 12, 2025	-16.56% Nov 29, 2024 - Jan 12, 2026
#5	-3.18% Jan 8, 2018 - Jul 31, 2018	-13.07% Aug 1, 2023 - Dec 1, 2023
#6	-2.75% Mar 20, 2024 - May 15, 2024	-11.92% Jan 16, 2026 - Mar 30, 2026
#7	-2.70% Sep 2, 2020 - Oct 12, 2020	-9.59% Jan 29, 2018 - Jul 26, 2018
#8	-2.67% Feb 20, 2026 - Apr 14, 2026	-6.59% Sep 2, 2020 - Oct 9, 2020
#9	-2.50% Sep 15, 2021 - Dec 27, 2021	-6.48% Oct 14, 2020 - Nov 6, 2020
#10	-2.34% Feb 12, 2021 - Jun 2, 2021	-6.20% Mar 28, 2024 - May 15, 2024
#11	-1.95% Oct 12, 2020 - Nov 4, 2020	-6.11% Sep 2, 2021 - Oct 29, 2021
#12	-1.79% Dec 27, 2023 - Mar 12, 2024	-5.77% Jan 8, 2021 - Mar 15, 2021
#13	-1.75% Dec 6, 2024 - Jan 21, 2025	-4.79% Apr 23, 2021 - Jul 29, 2021
#14	-1.64% Apr 15, 2019 - Jun 10, 2019	-4.51% Sep 22, 2016 - Nov 10, 2016
#15	-1.56% Jul 3, 2019 - Aug 28, 2019	-4.34% Jul 26, 2019 - Sep 6, 2019

Correlation

Correlation between GHYB and CWS is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.

0.93

-101

Dividend Comparison (2016 - 2026)

GHYB vs CWS dividend yield comparison.

Year	GHYB	CWS
2026	3.29%	0.00%
2025	7.00%	0.31%
2024	6.65%	0.59%
2023	6.20%	0.25%
2022	5.67%	0.50%
2021	4.46%	0.16%
2020	4.75%	0.27%
2019	5.57%	0.39%
2018	5.68%	2.07%
2017	1.45%	0.29%
2016	0.00%	0.03%