GSST vs PDP

Comparison between GOLDMAN SACHS ACCESS ULTRA SHORT BOND ETF (GSST, ETF) and INVESCO DORSEY WRIGHT MOMENTUM ETF (PDP, ETF).

5-Year PerformancePDP has outperformed GSST, delivering a return of +11.3% compared to +3.8%

GSST vs PDP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GSST(ETF)	PDP(ETF)
Net Assets	$1.50B	$1.60B
Expense Ratio	0.16%	0.62%
Max Drawdown	3.58%	59.45%
Sharpe Ratio	1.14	1.49
5Y Beta	-0.00	1.17
P/E Ratio	N/A	38.85
Forward P/E	N/A	26.56
5Y Dividends CAGR	41.15%	9.90%
5Y EPS CAGR	N/A	26.82%
Debt to Equity	N/A	55.90%
P/S Ratio	N/A	2.84
P/B Ratio	N/A	8.50

Net Assets

GSST

$1.50B

Winner

PDP

$1.60B

Expense Ratio

Winner

GSST

0.16%

PDP

0.62%

Max Drawdown

Winner

GSST

3.58%

PDP

59.45%

Sharpe Ratio

GSST

1.14

Winner

PDP

1.49

5Y Beta

Winner

GSST

-0.00

PDP

1.17

P/E Ratio

GSST

N/A

PDP

38.85

Forward P/E

GSST

N/A

PDP

26.56

5Y Dividends CAGR

Winner

GSST

41.15%

PDP

9.90%

5Y EPS CAGR

GSST

N/A

PDP

26.82%

Debt to Equity

GSST

N/A

PDP

55.90%

P/S Ratio

GSST

N/A

PDP

2.84

P/B Ratio

GSST

N/A

PDP

8.50

GSST vs PDP - Historical Returns

Returns include dividend reinvestment.

Period	GSST	PDP
1 month	+0.32%	+6.30%
3 months	+1.03%	+21.60%
6 months	+1.83%	+24.23%
1 year	+4.50%	+40.33%
5 years(CAGR)	+3.79%	+11.35%
10 years(CAGR)	N/A	+13.82%
Max(CAGR)	+3.26%	+10.26%

GSST

+0.32%

Winner

PDP

+6.30%

GSST

+1.03%

Winner

PDP

+21.60%

GSST

+1.83%

Winner

PDP

+24.23%

GSST

+4.50%

Winner

PDP

+40.33%

5Y(CAGR)

GSST

+3.79%

Winner

PDP

+11.35%

10Y(CAGR)

GSST

N/A

PDP

+13.82%

Max(CAGR)

GSST

+3.26%

Winner

PDP

+10.26%

GSST vs PDP - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	GSST	PDP
2026	+1.68%	+25.46%
2025	+5.14%	+8.02%
2024	+6.02%	+28.47%
2023	+6.09%	+21.82%
2022	+0.09%	-23.37%
2021	+0.13%	+9.40%
2020	+1.73%	+35.79%
2019	+2.65%	+34.74%
2018	N/A	-6.40%
2017	N/A	+22.97%
2016	N/A	+4.62%
2015	N/A	+1.55%
2014	N/A	+13.29%
2013	N/A	+28.69%
2012	N/A	+17.82%
2011	N/A	+0.33%
2010	N/A	+24.50%
2009	N/A	+24.87%
2008	N/A	-45.65%
2007	N/A	+13.82%

GSST vs PDP Drawdown Comparison

The maximum drawdown for GSST was -3.51%, occurring on Mar 25, 2020. Recovery took 81 trading sessions.

The maximum drawdown for PDP was -59.34%, occurring on Mar 9, 2009. Recovery took 1087 trading sessions.

The current PDP drawdown is -2.83%.

Rank	GSST	PDP
#1	-3.51% Mar 4, 2020 - Jun 29, 2020	-59.34% Dec 10, 2007 - Apr 3, 2012
#2	-1.19% Oct 4, 2021 - Jan 5, 2023	-34.70% Feb 19, 2020 - Jul 17, 2020
#3	-0.25% Apr 3, 2025 - Apr 24, 2025	-33.92% Nov 8, 2021 - Jul 12, 2024
#4	-0.24% Mar 14, 2023 - Mar 24, 2023	-24.54% Sep 14, 2018 - Jun 10, 2019
#5	-0.22% Jul 9, 2020 - Jul 20, 2020	-23.79% Dec 4, 2024 - Sep 19, 2025
#6	-0.16% Jun 20, 2019 - Jun 28, 2019	-19.14% Mar 20, 2015 - Feb 9, 2017
#7	-0.16% Jul 29, 2020 - Aug 4, 2020	-13.91% Jul 13, 2007 - Oct 9, 2007
#8	-0.15% Feb 27, 2026 - Mar 31, 2026	-13.47% Feb 12, 2021 - Aug 5, 2021
#9	-0.14% Aug 18, 2020 - Aug 21, 2020	-11.87% Oct 29, 2025 - Jan 13, 2026
#10	-0.14% Sep 18, 2020 - Oct 5, 2020	-11.63% Feb 25, 2026 - Apr 10, 2026
#11	-0.13% Jun 29, 2020 - Jul 7, 2020	-9.80% May 2, 2012 - Sep 14, 2012
#12	-0.12% Jul 20, 2020 - Jul 23, 2020	-9.76% Sep 5, 2014 - Nov 3, 2014
#13	-0.12% Aug 6, 2020 - Aug 18, 2020	-9.59% Jul 16, 2024 - Sep 19, 2024
#14	-0.12% Oct 5, 2020 - Oct 22, 2020	-9.53% Jan 26, 2018 - May 30, 2018
#15	-0.11% Feb 18, 2021 - May 26, 2021	-8.91% Sep 2, 2020 - Oct 9, 2020

Correlation

Correlation between GSST and PDP is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (2007 - 2026)

GSST vs PDP dividend yield comparison.

Year	GSST	PDP
2026	1.63%	0.00%
2025	4.56%	0.17%
2024	5.45%	0.15%
2023	4.98%	0.42%
2022	1.97%	0.45%
2021	0.71%	0.00%
2020	1.12%	0.11%
2019	1.66%	0.25%
2018	0.00%	0.18%
2017	0.00%	0.28%
2016	0.00%	0.81%
2015	0.00%	0.39%
2014	0.00%	0.15%
2013	0.00%	0.28%
2012	0.00%	0.85%
2011	0.00%	0.16%
2010	0.00%	0.24%
2009	0.00%	0.54%
2008	0.00%	0.27%
2007	0.00%	0.09%