BCIL vs GSIE
Bancreek International Large Cap ETF vs Goldman Sachs ActiveBeta International Equity ETF
Which is better, BCIL or GSIE?
GSIE has been ahead.
GSIE has a lower expense ratio. GSIE led over 1Y and the full window. GSIE is less concentrated, with 10.9% of the fund in its ten largest positions against 42.0%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BCIL | GSIE |
|---|---|---|
| Expense Ratio | 0.80% | 0.25%Best |
| AUM | $89M | $5.9B |
| Dividend Yield | 0.72% | 2.63% |
| Holdings | 60 | 633 |
| YTD Return | +0.98% | +7.77%Best |
| 1Y Return | -1.44% | +14.51%Best |
| 3Y Return (annualized) | - | +18.48% |
| 5Y Return (annualized) | - | +8.56% |
| Volatility (annualized) | 15.4% | 11.1%Best |
| Max Drawdown | -16.2% | -13.1%Best |
| $10,000 over 2.6 years | $11,409 | $14,467Best |
| Top 10 Weight | 42.0% | 10.9%Best |
| Fund Family | Bancreek Capital Advisors | Goldman Sachs Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 21, 2024 | Nov 6, 2015 |
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Mar 21, 2024 to Oct 14, 2026 (2.6 years).
BCIL vs GSIE growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.6 years both funds cover.
BCIL vs GSIE Performance
Bancreek International Large Cap ETF (BCIL) is an ETF from Bancreek Capital Advisors and Goldman Sachs ActiveBeta International Equity ETF (GSIE) is an ETF from Goldman Sachs Asset Management. Over the past year BCIL returned -1.44% while GSIE returned +14.51%. Year to date, BCIL is up 0.98% versus a gain of 7.77% for GSIE.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BCIL has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 11.1% for GSIE. 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 -16.2% for BCIL and -13.1% for GSIE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BCIL charges 0.80% per year while GSIE charges 0.25%. On a $10,000 position that is $80 vs $25 annually, a gap of $55 per year that compounds over a long holding period. On income, BCIL currently yields 0.72% against 2.63% for GSIE.
Holdings Overlap
50.4% of BCIL's money is in holdings GSIE also owns. 4.2% of GSIE's money is in holdings BCIL also owns.
The two portfolios partly overlap.
15 positions in common, counted across the 30 positions we hold weights for in BCIL and 626 in GSIE, against full books of 60 and 633.
What only one of them owns
Our book lists 8 positions for GSIE that do not appear in our book for BCIL (1.1% of the fund), and 0 for BCIL that do not appear in GSIE (0.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in BCIL | Weight in GSIE | Difference |
|---|---|---|---|
| 6857:JPAdvantest Corp | 4.79% | 1.08% | 3.71% |
| NOVN:SMNovartis Ag Ordinary Shares | 3.97% | 0.95% | 3.02% |
| DOL:CADollarama Inc | 4.20% | 0.02% | 4.18% |
| 7936:JPAsics Corp | 3.92% | 0.25% | 3.67% |
| IG:MIItalgas Spa | 3.93% | 0.14% | 3.79% |
| HOLN:SMLafargeholcim Limited, Class B | 3.66% | 0.12% | 3.54% |
| 5803:TKFujikura Ltd | 3.35% | 0.23% | 3.12% |
| DBSM:SIDBS Group Holdings Ltd Dbs Group Holdings Ltd | 2.92% | 0.49% | 2.43% |
| DPLM:LNDiploma Plc | 3.19% | 0.03% | 3.16% |
| LUG:CALundin Gold, Inc. | 2.76% | 0.30% | 2.46% |
50.4% of BCIL is already inside GSIE.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BCIL or GSIE?
BCIL has an expense ratio of 0.80% while GSIE charges 0.25%. GSIE is the cheaper option, by $55 a year on a $10,000 investment.
Which performed better, BCIL or GSIE?
Over the past year BCIL returned -1.44% vs +14.51% for GSIE, so GSIE leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BCIL or GSIE?
BCIL has been the more volatile fund at 15.4% annualized versus 11.1% for GSIE. Worst drawdown: BCIL -16.2% vs GSIE -13.1%.
Should I hold both BCIL and GSIE?
BCIL and GSIE have a monthly-return correlation of 0.77, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between BCIL and GSIE?
50.4% of BCIL's money is in holdings GSIE also owns. 4.2% of GSIE's is in holdings BCIL also owns. They hold 15 positions in common, counted across the 30 positions we hold weights for in BCIL and 626 in GSIE.
Which pays a higher dividend, BCIL or GSIE?
BCIL yields 0.72% while GSIE yields 2.63%, so GSIE currently pays the higher dividend yield.
Is GSIE better than BCIL?
GSIE has a lower expense ratio. GSIE led over 1Y and the full window. GSIE is less concentrated, with 10.9% of the fund in its ten largest positions against 42.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.