GINN vs GHYG

Comparison between GOLDMAN SACHS INNOVATE EQUITY ETF (GINN, ETF) and ISHARES US & INTL HIGH YIELD CORP BOND ETF (GHYG, ETF).

5-Year PerformanceGINN has outperformed GHYG, delivering a return of +6.2% compared to +3.2%

GINN vs GHYG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GINN(ETF)	GHYG(ETF)
Net Assets	$206M	$205M
Expense Ratio	0.50%	0.40%
Max Drawdown	41.60%	34.19%
Sharpe Ratio	1.05	0.45
5Y Beta	1.08	0.20
P/E Ratio	-394.44	N/A
Forward P/E	19.01	N/A
5Y Dividends CAGR	N/A	4.40%
5Y EPS CAGR	19.86%	N/A
P/S Ratio	0.93	N/A
P/B Ratio	4.39	N/A

Net Assets

Winner

GINN

$206M

GHYG

$205M

Expense Ratio

GINN

0.50%

Winner

GHYG

0.40%

Max Drawdown

GINN

41.60%

Winner

GHYG

34.19%

Sharpe Ratio

Winner

GINN

1.05

GHYG

0.45

5Y Beta

GINN

1.08

Winner

GHYG

0.20

P/E Ratio

GINN

-394.44

GHYG

N/A

Forward P/E

GINN

19.01

GHYG

N/A

5Y Dividends CAGR

GINN

N/A

GHYG

4.40%

5Y EPS CAGR

GINN

19.86%

GHYG

N/A

P/S Ratio

GINN

0.93

GHYG

N/A

P/B Ratio

GINN

4.39

GHYG

N/A

GINN vs GHYG - Historical Returns

Returns include dividend reinvestment.

Period	GINN	GHYG
1 month	+1.96%	-0.15%
3 months	+7.98%	+0.45%
6 months	+4.54%	+0.90%
1 year	+22.24%	+5.63%
5 years(CAGR)	+6.25%	+3.17%
10 years(CAGR)	N/A	+4.71%
Max(CAGR)	+8.90%	+4.54%

Winner

GINN

+1.96%

GHYG

-0.15%

Winner

GINN

+7.98%

GHYG

+0.45%

Winner

GINN

+4.54%

GHYG

+0.90%

Winner

GINN

+22.24%

GHYG

+5.63%

5Y(CAGR)

Winner

GINN

+6.25%

GHYG

+3.17%

10Y(CAGR)

GINN

N/A

GHYG

+4.71%

Max(CAGR)

Winner

GINN

+8.90%

GHYG

+4.54%

GINN vs GHYG - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	GINN	GHYG
2026	+5.07%	+0.09%
2025	+20.08%	+11.24%
2024	+20.55%	+6.38%
2023	+29.77%	+13.31%
2022	-32.92%	-11.97%
2021	+11.54%	+1.85%
2020	+9.84%	+6.35%
2019	N/A	+14.32%
2018	N/A	-4.23%
2017	N/A	+8.65%
2016	N/A	+13.79%
2015	N/A	-6.46%
2014	N/A	-2.17%
2013	N/A	+7.28%
2012	N/A	+10.21%

GINN vs GHYG Drawdown Comparison

The maximum drawdown for GINN was -41.25%, occurring on Oct 14, 2022. Recovery took 756 trading sessions.

The maximum drawdown for GHYG was -27.37%, occurring on Mar 23, 2020. Recovery took 141 trading sessions.

The current GINN drawdown is -4.21%. The current GHYG drawdown is -1.24%.

Rank	GINN	GHYG
#1	-41.25% Nov 8, 2021 - Nov 11, 2024	-27.37% Jan 15, 2020 - Aug 6, 2020
#2	-22.25% Feb 18, 2025 - Jun 26, 2025	-20.44% Sep 15, 2021 - Jun 5, 2024
#3	-13.18% Jan 12, 2026 - May 6, 2026	-15.53% Jul 1, 2014 - Jan 4, 2017
#4	-12.07% Feb 12, 2021 - Jun 28, 2021	-7.88% Jan 26, 2018 - Feb 27, 2019
#5	-8.54% Oct 27, 2025 - Jan 12, 2026	-5.68% May 14, 2013 - Oct 17, 2013
#6	-8.25% Sep 7, 2021 - Nov 3, 2021	-4.70% May 1, 2012 - Aug 1, 2012
#7	-5.65% Dec 6, 2024 - Jan 24, 2025	-4.15% Mar 19, 2025 - Apr 23, 2025
#8	-4.53% Jun 29, 2021 - Aug 25, 2021	-3.84% Jan 27, 2026 - Mar 27, 2026
#9	-4.21% Jun 1, 2026 - Jun 5, 2026	-3.07% Sep 1, 2020 - Oct 12, 2020
#10	-3.91% Jul 23, 2025 - Aug 13, 2025	-2.67% Apr 29, 2021 - May 7, 2021
#11	-3.91% Oct 6, 2025 - Oct 27, 2025	-2.49% Sep 26, 2024 - Feb 5, 2025
#12	-3.90% Jan 25, 2021 - Feb 3, 2021	-2.14% Oct 12, 2020 - Nov 5, 2020
#13	-3.69% Nov 11, 2024 - Nov 25, 2024	-2.10% Apr 23, 2019 - Jun 19, 2019
#14	-2.20% Nov 9, 2020 - Nov 16, 2020	-1.97% Sep 14, 2012 - Oct 17, 2012
#15	-2.17% May 14, 2026 - May 21, 2026	-1.96% Oct 18, 2012 - Dec 4, 2012

Correlation

Correlation between GINN and GHYG is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (2012 - 2026)

GINN vs GHYG dividend yield comparison.

Year	GINN	GHYG
2026	0.00%	2.56%
2025	1.26%	6.03%
2024	1.26%	6.11%
2023	1.01%	5.60%
2022	0.69%	4.64%
2021	0.67%	4.57%
2020	0.07%	4.36%
2019	0.00%	4.61%
2018	0.00%	5.62%
2017	0.00%	4.60%
2016	0.00%	4.61%
2015	0.00%	4.79%
2014	0.00%	5.73%
2013	0.00%	5.52%
2012	0.00%	4.38%