GLOW vs GTOS

GLOW vs GTOS
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Quick Verdict

GTOS has a lower expense ratio. GLOW delivered stronger 1-year returns. GTOS offers more diversification with 703 holdings.

Lower Fees: GTOSHigher Returns: GLOWMore Diversified: GTOS

Side-by-Side Comparison

MetricGLOWGTOSWinner
Expense Ratio0.72%0.30%
AUM$68M$124M
Dividend Yield1.41%4.52%
Holdings16703
YTD Return+14.50%-0.75%
1Y Return+24.54%+1.23%
3Y Return (annualized)-+4.69%
5Y Return (annualized)--
Volatility (annualized)10.7%1.9%
Max Drawdown-15.6%-1.8%
Fund FamilyVictory Capital Management Inc.Invesco (US)
CategoryEquityFixed Income
InceptionJun 21, 2024Dec 9, 2022

GLOW vs GTOS Performance

VictoryShares WestEnd Global Equity ETF (GLOW) is a ETF from Victory Capital Management Inc. and Invesco Short Duration Total Return Bond ETF (GTOS) is a ETF from Invesco (US). Over the past year GLOW returned +24.54% while GTOS returned +1.23%. Year to date, GLOW is up 14.50% versus a loss of 0.75% for GTOS.

Risk: Volatility and Drawdowns

GLOW has been the more volatile fund, with annualized monthly volatility of 10.7% compared with 1.9% for GTOS. 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 -15.6% for GLOW and -1.8% for GTOS. 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 0.46. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

GLOW charges 0.72% per year while GTOS charges 0.30%. On a $10,000 position that is $72 vs $30 annually, a gap of $42 per year that compounds over a long holding period. On income, GLOW currently yields 1.41% against 4.52% for GTOS.

Holdings Overlap

0.0%overlap

GLOW and GTOS share 0 holdings out of 273 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, GLOW or GTOS?

GLOW has an expense ratio of 0.72% while GTOS charges 0.30%. GTOS is the cheaper option. On a $10,000 investment, that is $42 per year of difference.

Which performed better, GLOW or GTOS?

Over the past year GLOW returned +24.54% vs +1.23% for GTOS, so GLOW leads on 1-year performance. Over the longest common window we track (2 years), GLOW annualized +19.48% vs +4.29% for GTOS. Past performance does not guarantee future results.

Which is riskier, GLOW or GTOS?

GLOW has been the more volatile fund at 10.7% annualized versus 1.9% for GTOS. Worst drawdown: GLOW -15.6% vs GTOS -1.8%.

Should I hold both GLOW and GTOS?

GLOW and GTOS have a monthly-return correlation of 0.46, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between GLOW and GTOS?

GLOW and GTOS share 0 common holdings with a 0.0% weight overlap. Combined, they hold 273 unique securities.

Which pays a higher dividend, GLOW or GTOS?

GLOW yields 1.41% while GTOS yields 4.52%, so GTOS currently pays the higher dividend yield.

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