GIND vs VOO
Goldman Sachs India Equity ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | GIND | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.75% | 0.03% | |
| AUM | $165M | $979.0B | |
| Dividend Yield | 0.00% | 1.09% | |
| Holdings | 122 | 509 | |
| YTD Return | -6.35% | +13.44% | |
| 1Y Return | -3.98% | +22.62% | |
| 3Y Return (annualized) | - | +21.47% | |
| 5Y Return (annualized) | - | +13.27% | |
| Volatility (annualized) | 15.7% | 14.1% | |
| Max Drawdown | -23.0% | -34.3% | |
| Fund Family | Goldman Sachs Asset Management | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Apr 1, 2025 | Sep 7, 2010 |
GIND vs VOO Performance
Goldman Sachs India Equity ETF (GIND) is a ETF from Goldman Sachs Asset Management and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year GIND returned -3.98% while VOO returned +22.62%. Year to date, GIND is down 6.35% versus a gain of 13.44% for VOO.
Risk: Volatility and Drawdowns
GIND has been the more volatile fund, with annualized monthly volatility of 15.7% compared with 14.1% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -23.0% for GIND and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.69. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GIND charges 0.75% per year while VOO charges 0.03%. On a $10,000 position that is $75 vs $3 annually, a gap of $72 per year that compounds over a long holding period. On income, GIND currently yields 0.00% against 1.09% for VOO.
Holdings Overlap
GIND and VOO share 1 holdings out of 622 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in GIND | Weight in VOO | Difference |
|---|---|---|---|
| CTSH | 0.72% | 0.03% | 0.69% |
Frequently Asked Questions
Which is cheaper, GIND or VOO?
GIND has an expense ratio of 0.75% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $72 per year of difference.
Which performed better, GIND or VOO?
Over the past year GIND returned -3.98% vs +22.62% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (1 years), GIND annualized -0.91% vs +13.55% for VOO. Past performance does not guarantee future results.
Which is riskier, GIND or VOO?
GIND has been the more volatile fund at 15.7% annualized versus 14.1% for VOO. Worst drawdown: GIND -23.0% vs VOO -34.3%.
Should I hold both GIND and VOO?
GIND and VOO have a monthly-return correlation of 0.69, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GIND and VOO?
GIND and VOO share 1 common holdings with a 0.0% weight overlap. Combined, they hold 622 unique securities.
Which pays a higher dividend, GIND or VOO?
GIND yields 0.00% while VOO yields 1.09%, so VOO currently pays the higher dividend yield.
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