Goldman Sachs Absolute Return Tracker Fund Class A (GARTX)

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The chart shows the growth of an initial investment of $10,000 in Goldman Sachs Absolute Return Tracker 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.

Goldman Sachs Absolute Return Tracker Fund Class A (GARTX) has returned -1.96% so far this year and 6.33% over the past 12 months. Over the last ten years, GARTX has returned 4.48% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jun 2, 2008, GARTX's average daily return is +0.01%, while the average monthly return is +0.22%. At this rate, your investment would double in approximately 26.3 years.

Historically, 62% of months were positive and 38% were negative. The best month was Nov 2020 with a return of +5.1%, while the worst month was Mar 2020 at -6.9%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.

On a daily basis, GARTX closed higher 46% of trading days. The best single day was Nov 24, 2008 with a return of +3.3%, while the worst single day was Mar 12, 2020 at -3.6%.

Goldman Sachs Absolute Return Tracker Fund Class A has an annualized alpha of -0.11%, beta of 0.26, and R² of 0.63 versus S&P 500 Index. Calculated based on daily prices since June 03, 2008.

• This fund participated in 41.40% of S&P 500 Index downside but only 28.99% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.26 indicates this fund moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

GARTX has a high expense ratio of 1.10%, indicating above-average management fees.

GARTX ranks 37 for risk / return — below 37% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for Goldman Sachs Absolute Return Tracker Fund Class A (GARTX) and compare them to a chosen benchmark (S&P 500 Index).

Goldman Sachs Absolute Return Tracker Fund Class A provided a 1.91% dividend yield over the last twelve months, with an annual payout of $0.19 per share.

The table displays the monthly dividend distributions for Goldman Sachs Absolute Return Tracker Fund Class A. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Goldman Sachs Absolute Return Tracker 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 Absolute Return Tracker Fund Class A was 19.12%, occurring on Mar 9, 2009. Recovery took 1315 trading sessions.

The current Goldman Sachs Absolute Return Tracker Fund Class A drawdown is 4.29%.

The chart below shows the rolling one-month volatility.