GBND vs SCEC
Goldman Sachs Core Bond ETF vs Sterling Capital Enhanced Core Bond ETF
Which is better, GBND or SCEC?
Nearly the same fund. GBND costs less.
GBND has a lower expense ratio. GBND led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.99.
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 | GBND | SCEC |
|---|---|---|
| Expense Ratio | 0.25%Best | 0.39% |
| AUM | $601M | $604M |
| Dividend Yield | 4.01% | 5.20% |
| Holdings | 747 | 360 |
| YTD Return | -2.40%Best | -6.25% |
| 1Y Return | -2.18%Best | -6.44% |
| Volatility (annualized) | 4.0%Best | 4.3% |
| Max Drawdown | -4.9%Best | -7.9% |
| $10,000 over 1.3 years | $10,090Best | $9,630 |
| Fund Family | Goldman Sachs Asset Management | Sterling Capital Active ETF |
| Category | Fixed Income | Fixed Income |
| Inception | Jun 24, 2025 | Mar 14, 2025 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight, Style.
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: Jun 26, 2025 to Oct 14, 2026 (1.3 years).
GBND vs SCEC 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 1.3 years both funds cover.
GBND vs SCEC Performance
Goldman Sachs Core Bond ETF (GBND) is an ETF from Goldman Sachs Asset Management and Sterling Capital Enhanced Core Bond ETF (SCEC) is an ETF from Sterling Capital Active ETF. Over the past year GBND returned -2.18% while SCEC returned -6.44%. Year to date, GBND is down 2.40% versus a loss of 6.25% for SCEC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCEC has been the more volatile fund, with annualized monthly volatility of 4.3% compared with 4.0% for GBND. 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 -4.9% for GBND and -7.9% for SCEC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
GBND charges 0.25% per year while SCEC charges 0.39%. On a $10,000 position that is $25 vs $39 annually, a gap of $14 per year that compounds over a long holding period. On income, GBND currently yields 4.01% against 5.20% for SCEC.
Holdings Overlap
We hold position weights for 480 holdings in GBND and 178 in SCEC, totalling 52.2% and 40.9% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 17 positions appear in both.
17 positions in common, counted across the 480 positions we hold weights for in GBND and 178 in SCEC, against full books of 747 and 360.
Top Shared Holdings
| Stock | Weight in GBND | Weight in SCEC | Difference |
|---|---|---|---|
| T 4.25 08/15/54Treasury Bond (Otr) 4.25% Aug 15, 2054 | 2.24% | 2.74% | 0.50% |
| MS V5.25 04/21/34 MTMorgan Stanley 2034-04-21 | 0.04% | 0.47% | 0.43% |
| BAC V5.744 02/12/36Bank Of America Corp 5.74% Feb 12, 2036 | 0.14% | 0.22% | 0.08% |
| JPM V5.576 07/23/36Jpmorgan Chase & Co 5.58 07/23/2036 | 0.02% | 0.26% | 0.24% |
| BA 5.705 05/01/40The Boeing Co 5.705 May 01 40 | 0.04% | 0.21% | 0.17% |
| MQGAU V2.691 06/23/3Macquarie Group Ltd Mtn 144A 2.69% Jun 23, 2032 | 0.01% | 0.24% | 0.23% |
| BAC V5.015 07/22/33 | 0.03% | 0.21% | 0.18% |
| JPM V4.912 07/25/33Jpmorgan Chase & Co 4.91% 25Jul2033 | 0.00% | 0.23% | 0.23% |
| DAL 5.25 07/10/30Delta Air Lines Inc 5.25 07/10/2030 | 0.01% | 0.21% | 0.20% |
| GLENLN 5.673 04/01/3Glencore Funding Llc Company Guar 144A 04/35 5.673 | 0.01% | 0.20% | 0.19% |
You are not choosing between two funds in isolation.
Whichever of GBND and SCEC you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GBND or SCEC?
GBND has an expense ratio of 0.25% while SCEC charges 0.39%. GBND is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, GBND or SCEC?
Over the past year GBND returned -2.18% vs -6.44% for SCEC, so GBND leads on 1-year performance. Over the longest common window we track (1 years), GBND annualized +0.69% vs -2.86% for SCEC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GBND or SCEC?
SCEC has been the more volatile fund at 4.3% annualized versus 4.0% for GBND. Worst drawdown: GBND -4.9% vs SCEC -7.9%.
Should I hold both GBND and SCEC?
GBND and SCEC have a monthly-return correlation of 0.99, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, GBND or SCEC?
GBND yields 4.01% while SCEC yields 5.20%, so SCEC currently pays the higher dividend yield.
Is SCEC better than GBND?
GBND has a lower expense ratio. GBND led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.99. Which one suits a particular account depends on what it is for. This is information, not a recommendation.