Share Price Chart
Loading graphics...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Goldman Sachs Dynamic Global Equity Fund Class A, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Loading graphics...
Returns By Period
Goldman Sachs Dynamic Global Equity Fund Class A (GAPAX) has returned -5.21% so far this year and 16.98% over the past 12 months. Over the last ten years, GAPAX has returned 11.46% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.
Goldman Sachs Dynamic Global Equity Fund Class A
- 1D
- -0.28%
- 1M
- -9.71%
- YTD
- -5.21%
- 6M
- -2.07%
- 1Y
- 16.98%
- 3Y*
- 16.93%
- 5Y*
- 9.44%
- 10Y*
- 11.46%
Benchmark (S&P 500 Index)
- 1D
- 2.91%
- 1M
- -5.09%
- YTD
- -4.63%
- 6M
- -2.39%
- 1Y
- 16.33%
- 3Y*
- 16.69%
- 5Y*
- 10.18%
- 10Y*
- 12.16%
Monthly Returns
Based on dividend-adjusted daily data since Dec 31, 1997, GAPAX's average daily return is +0.03%, while the average monthly return is +0.67%. At this rate, your investment would double in approximately 8.7 years.
Historically, 62% of months were positive and 38% were negative. The best month was Nov 2020 with a return of +11.7%, while the worst month was Oct 2008 at -21.0%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 6 months.
On a daily basis, GAPAX closed higher 52% of trading days. The best single day was Jan 3, 2001 with a return of +16.1%, while the worst single day was Jan 2, 2001 at -13.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.22% | 1.71% | -9.71% | -5.21% | |||||||||
| 2025 | 3.23% | -0.63% | -4.19% | -0.19% | 5.72% | 4.73% | 1.21% | 2.85% | 3.85% | 1.95% | 0.31% | 1.01% | 21.27% |
| 2024 | 0.51% | 4.78% | 3.36% | -4.18% | 4.80% | 2.03% | 2.08% | 2.40% | 2.08% | -2.55% | 4.53% | 2.36% | 24.08% |
| 2023 | 7.39% | -3.01% | 3.00% | 1.40% | -1.54% | 5.61% | 3.37% | -2.92% | -4.17% | -2.87% | 8.64% | 4.76% | 20.25% |
| 2022 | -5.09% | -2.96% | 1.86% | -7.71% | 0.56% | -8.61% | 6.67% | -4.13% | -9.92% | 6.76% | 8.02% | -4.52% | -19.30% |
| 2021 | -0.09% | 2.39% | 3.52% | 4.16% | 2.08% | 1.33% | 0.57% | 2.49% | -4.54% | 4.59% | -2.47% | 4.88% | 20.10% |
Benchmark Metrics
Goldman Sachs Dynamic Global Equity Fund Class A has an annualized alpha of 0.84%, beta of 0.90, and R² of 0.85 versus S&P 500 Index. Calculated based on daily prices since January 02, 1998.
- With beta of 0.90 and R² of 0.85, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 0.84%
- Beta
- 0.90
- R²
- 0.85
- Upside Capture
- 99.57%
- Downside Capture
- 99.32%
Expense Ratio
GAPAX has an expense ratio of 0.89%, placing it in the medium range.
Return for Risk
Risk / Return Rank
GAPAX ranks 47 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Goldman Sachs Dynamic Global Equity Fund Class A (GAPAX) and compare them to a chosen benchmark (S&P 500 Index).
| GAPAX | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.96 | 0.90 | +0.06 |
Sortino ratioReturn per unit of downside risk | 1.41 | 1.39 | +0.03 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.21 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.07 | 1.40 | -0.33 |
Martin ratioReturn relative to average drawdown | 5.08 | 6.61 | -1.53 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Explore GAPAX risk-adjusted metrics in detail
Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.
Dividends
Dividend History
Goldman Sachs Dynamic Global Equity Fund Class A provided a 15.24% dividend yield over the last twelve months, with an annual payout of $3.27 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $3.27 | $3.27 | $3.14 | $0.99 | $1.10 | $2.83 | $0.50 | $1.90 | $0.43 | $0.37 | $0.18 | $0.14 |
Dividend yield | 15.24% | 14.45% | 14.69% | 5.01% | 6.35% | 12.40% | 2.34% | 9.86% | 2.64% | 1.96% | 1.16% | 0.97% |
Monthly Dividends
The table displays the monthly dividend distributions for Goldman Sachs Dynamic Global Equity Fund Class A. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.27 | $3.27 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.14 | $3.14 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.99 | $0.99 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.10 | $1.10 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.83 | $2.83 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading graphics...
Worst Drawdowns
The table below displays the maximum drawdowns of the Goldman Sachs Dynamic Global Equity Fund Class A. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Goldman Sachs Dynamic Global Equity Fund Class A was 58.88%, occurring on Mar 9, 2009. Recovery took 1141 trading sessions.
The current Goldman Sachs Dynamic Global Equity Fund Class A drawdown is 10.28%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -58.88% | Nov 1, 2007 | 339 | Mar 9, 2009 | 1141 | Sep 18, 2013 | 1480 |
| -44.23% | Mar 28, 2000 | 636 | Oct 9, 2002 | 558 | Dec 28, 2004 | 1194 |
| -36.31% | Feb 13, 2020 | 27 | Mar 23, 2020 | 114 | Sep 2, 2020 | 141 |
| -31.13% | Dec 31, 2021 | 197 | Oct 12, 2022 | 399 | May 15, 2024 | 596 |
| -27.09% | Apr 16, 1998 | 123 | Oct 8, 1998 | 183 | Jul 1, 1999 | 306 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading graphics...