Goldman Sachs Managed Futures Strategy Fund (GFIRX)

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Goldman Sachs Managed Futures Strategy Fund (GFIRX) is up 7.9% since the beginning of the year. GFIRX is currently trading at $10 per share. Investors who bought $1,000 worth of GFIRX shares 5 years ago would now be looking at an investment worth $1,179.

Goldman Sachs Managed Futures Strategy Fund (GFIRX) has returned 7.91% so far this year and 18.15% over the past 12 months. Over the last ten years, GFIRX has returned 3.32% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.

Based on dividend-adjusted daily data since Jan 2, 2013, GFIRX's average daily return is +0.01%, while the average monthly return is +0.24%. At this rate, an investment would double in approximately 24.1 years.

Historically, 57% of months were positive and 43% were negative. The best month was Mar 2022 with a return of +9.7%, while the worst month was Oct 2024 at -8.2%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 5 months.

On a daily basis, GFIRX closed higher 49% of trading days. The best single day was Mar 2, 2022 with a return of +2.9%, while the worst single day was Mar 13, 2023 at -6.8%.

Goldman Sachs Managed Futures Strategy Fund has an annualized alpha of 2.46%, beta of 0.03, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since January 03, 2013.

• This fund captured 6.02% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -5.06%) - a profile typical of hedging or uncorrelated assets.
• Beta of 0.03 may look defensive, but with R2 of 0.00 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.00 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

GFIRX has a high expense ratio of 1.33%, indicating above-average management fees.

GFIRX ranks 66 for risk / return — better than 66% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Goldman Sachs Managed Futures Strategy Fund (GFIRX) and compare them to S&P 500 Index.

Goldman Sachs Managed Futures Strategy Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.

The table displays the monthly dividend distributions for Goldman Sachs Managed Futures Strategy Fund. 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 Managed Futures Strategy Fund. 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 Managed Futures Strategy Fund was 23.09%, occurring on May 14, 2025. The portfolio has not yet recovered.

The current Goldman Sachs Managed Futures Strategy Fund drawdown is 5.55%.

The chart below shows the rolling one-month volatility.