Data as of Nov 4, 2026.
GSLC vs PDP: Differences, Returns & Fees
Over the year to Nov 4, 2026, GSLC returned +13.3% to PDP's +11.2%; 17% of their weight is in the same names.
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Net assets on Nov 3, 2026: $15.3bn for Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF and $1.4bn for Invesco Dorsey Wright Momentum ETF.
Pair scorecard
GSLC costs 0.53 points a year less; their one-year returns differ by 2.1 points; GSLC is 10.9 times larger.
| Measure | GSLC | PDP |
|---|---|---|
| Return | ||
| Total return, 1 year | +13.3% | +11.2% |
| Drawdown | ||
| Below its high | 14.3%, high on Jun 22, 2026 | |
| Benchmark | ||
| What it tracks | Goldman Sachs ActiveBeta U.S. Large Cap Equity Index | Dorsey Wright Technical Leaders Index |
| Cost and size | ||
| Expense ratio | 0.09% | 0.62% |
| Net assets, as of Nov 3, 2026 | $15.3bn | $1.4bn |
| Holdings | ||
| Holdings in common | 17% | |
| Top ten holdings, share of the fund | 35.2% | 22.9% |
Risk and return
Oct 2, 2015 to Oct 30, 2026 · 578 weekly returnsFrom Oct 2015 to Oct 2026, GSLC returned more: +327.4% to +235.7%. GSLC swung less: 16.7% to 20.2%. GSLC fell slightly less at its worst: −31.8% to −33.2%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | GSLC | PDP | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +327.4% | +235.7% | GSLC | Price change plus distributions, reinvested. |
| Annualized | +14.0% | +11.5% | GSLC | Total return as a yearly rate. |
| Price return | +263.1% | +225.7% | GSLC | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 16.7% | 20.2% | GSLC | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 11.6% | 14.1% | GSLC | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −31.8% | −33.2% | GSLC (slight) | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.73 | 0.53 | GSLC | Return above Treasury bills per unit of volatility. |
| Sortino | 1.05 | 0.76 | GSLC | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.44 | 0.35 | GSLC | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 578 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, GSLC and PDP hold 17% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Nov 3, 2026.
half
17% in common
Only in one fund ↓
Side by side
GSLC and PDP on the fields both publish, as of Nov 4, 2026. Source: ETFIQ.
Client brief:
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GSLC
GSLC tracks an index. Over the year to Nov 4, 2026 it returned +13.3% with distributions reinvested, against +14.8% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.09% a year. By its holdings filed for Aug 31, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 426 positions, with the top ten at 35.2%.
PDP
PDP tracks an index. Over the year to Nov 4, 2026 it returned +11.2% with distributions reinvested. The prospectus expense ratio is 0.62% a year. By its holdings published by its issuer for Nov 3, 2026, 66% of the fund by weight is stocks the S&P 500 also holds, across 102 positions, with the top ten at 22.9%. It sat 14.3% below its high of Jun 22, 2026 on Nov 4, 2026.
Questions people ask
- Which returned more over the last year, GSLC or PDP?
- In the year to Nov 4, 2026, with distributions reinvested, GSLC returned +13.3% and PDP +11.2%.
- Which is cheaper, GSLC or PDP?
- GSLC is cheaper, by 0.53 percentage points a year. That is about $53 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, GSLC against PDP, data as of Nov 4, 2026. https://etfiq.com/compare/any/gslc-vs-pdp
ETFIQ. (Nov 4, 2026). GSLC against PDP. Retrieved from https://etfiq.com/compare/any/gslc-vs-pdp
[GSLC against PDP (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/any/gslc-vs-pdp)
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