GSPAX Alternatives & Similar Mutual Funds

Goldman Sachs U.S. Equity Dividend and Premium Fund Class A (GSPAX) belongs to the Dividend category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with GSPAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to GSPAX

GSPAX charges 1.01% annually. There are 21 mutual funds in the Dividend category with lower expense ratios, going as low as 0.08%.

Symbol	Name	Expense Ratio	AUM	Inception
VHYAX	Vanguard High Dividend Yield Index Fund Admiral Sh...	0.08%	94.60B	Feb 2019	GSPAX vs VHYAX
VIHAX	Vanguard International High Dividend Yield Index F...	0.22%	20.00B	Mar 2016	GSPAX vs VIHAX
VDIGX	Vanguard Dividend Growth Fund	0.27%	36.80B	May 1992	GSPAX vs VDIGX
CAIFX	American Funds Capital Income Builder Fund Class F...	0.37%	—	Jul 1987	GSPAX vs CAIFX
FINFX	American Funds Fundamental Investors® Class F-2	0.39%	—	Aug 1978	GSPAX vs FINFX

Best Risk-Adjusted Alternatives to GSPAX

GSPAX has a PortfoliosLab risk / return rank of 75. There are 4 mutual funds in the Dividend category with higher risk-adjusted ranks, going as high as 89.

Symbol	Name	Risk / Return Rank	AUM	Inception
PMAIX	Pioneer Multi-Asset Income Fund A	89	—	Dec 2011	GSPAX vs PMAIX
FDGDX	Fidelity Advisor 529 Dividend Growth Portfolio Cla...	88	—	Apr 2015	GSPAX vs FDGDX
EPDPX	EuroPac International Dividend Income Fund Class A	87	—	Jan 2014	GSPAX vs EPDPX
VHYAX	Vanguard High Dividend Yield Index Fund Admiral Sh...	81	94.60B	Feb 2019	GSPAX vs VHYAX
FINFX	American Funds Fundamental Investors® Class F-2	75	—	Aug 1978	GSPAX vs FINFX

Top Performing GSPAX Alternatives (YTD)

GSPAX is at 10.39% YTD. There are 11 mutual funds in the Dividend category with higher YTD returns, going as high as 17.18%.

Symbol	Name	YTD Return	AUM	Inception
FDGDX	Fidelity Advisor 529 Dividend Growth Portfolio Cla...	17.18%	—	Apr 2015	GSPAX vs FDGDX
FINFX	American Funds Fundamental Investors® Class F-2	15.23%	—	Aug 1978	GSPAX vs FINFX
EPDPX	EuroPac International Dividend Income Fund Class A	13.86%	—	Jan 2014	GSPAX vs EPDPX
VHYAX	Vanguard High Dividend Yield Index Fund Admiral Sh...	12.92%	94.60B	Feb 2019	GSPAX vs VHYAX
VIHAX	Vanguard International High Dividend Yield Index F...	12.57%	20.00B	Mar 2016	GSPAX vs VIHAX

Lowest Volatility Alternatives to GSPAX

GSPAX has 9.85% 1-year volatility. There are 9 mutual funds in the Dividend category with lower 1-year volatility, going as low as 5.64%.

Symbol	Name	Volatility 1Y	AUM	Inception
PMAIX	Pioneer Multi-Asset Income Fund A	5.64%	—	Dec 2011	GSPAX vs PMAIX
AMECX	American Funds The Income Fund of America Class A	7.17%	—	Dec 1973	GSPAX vs AMECX
CAIFX	American Funds Capital Income Builder Fund Class F...	7.99%	—	Jul 1987	GSPAX vs CAIFX
JEPAX	JPMorgan Equity Premium Income Fund Class A	8.60%	—	Aug 2018	GSPAX vs JEPAX
PDT	John Hancock Premium Dividend Fund	8.93%	—	Dec 1989	GSPAX vs PDT

Lowest Drawdown Alternatives to GSPAX

GSPAX has a 1-year max drawdown of -7.92%. There are 15 mutual funds in the Dividend category with shallower 1-year drawdowns, going as shallow as -4.07%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
PMAIX	Pioneer Multi-Asset Income Fund A	-4.07%	—	Dec 2011	GSPAX vs PMAIX
SVAAX	Federated Hermes Strategic Value Dividend Fund Cla...	-4.71%	—	Mar 2005	GSPAX vs SVAAX
PDT	John Hancock Premium Dividend Fund	-5.38%	—	Dec 1989	GSPAX vs PDT
CDDYX	Columbia Dividend Income Fund Institutional 3 Clas...	-5.51%	—	Nov 2012	GSPAX vs CDDYX
AMECX	American Funds The Income Fund of America Class A	-6.13%	—	Dec 1973	GSPAX vs AMECX

Other Mutual Funds from Goldman Sachs

The 10 most viewed Goldman Sachs mutual funds shown here include GSIMX, GSINX, GCIIX and span 8 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
GSIMX	Goldman Sachs GQG Partners International Opportuni...	Foreign Large Cap Equities	19	6.45%	—	Dec 2016	GSPAX vs GSIMX
GSINX	Goldman Sachs GQG Partners International Opportuni...	Foreign Large Cap Equities	19	6.39%	—	Dec 2016	GSPAX vs GSINX
GCIIX	Goldman Sachs International Equity Insights Fund	Foreign Large Cap Equities	43	12.60%	—	Aug 1997	GSPAX vs GCIIX
GSBFX	Goldman Sachs Income Builder Fund	Diversified Portfolio	73	5.23%	—	Oct 1994	GSPAX vs GSBFX
GICIX	Goldman Sachs International Small Cap Insights Fun...	Foreign Small & Mid Cap Equities	50	14.40%	—	Sep 2007	GSPAX vs GICIX
GCGIX	Goldman Sachs Large Cap Growth Insights Fund	Large Cap Growth Equities	24	6.18%	—	May 1997	GSPAX vs GCGIX
GSPKX	Goldman Sachs U.S. Equity Dividend and Premium Fun...	Large Cap Blend Equities	78	10.45%	—	Aug 2005	GSPAX vs GSPKX
GSIFX	Goldman Sachs International Equity ESG Fund Class ...	Foreign Large Cap Equities, ESG	12	6.83%	—	Dec 1992	GSPAX vs GSIFX
GSRAX	Goldman Sachs Rising Dividend Growth Fund	Large Cap Blend Equities, Dividend	42	11.61%	—	Mar 2004	GSPAX vs GSRAX
GGSIX	Goldman Sachs Growth Strategy Portfolio	Global Allocation	66	10.48%	—	Jan 1998	GSPAX vs GGSIX

Often Compared With GSPAX

Investors most often compare GSPAX with AFNIX, AMINX, QQQ. These 18 comparison targets span 6 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
AFNIX	AAM/Bahl & Gaynor Income Growth Fund Class I	Large Cap Blend Equities, Dividend	—	—	—	Jul 2012	GSPAX vs AFNIX
AMINX	Amana Income Fund Institutional Class	Dividend	44	11.84%	—	Sep 2013	GSPAX vs AMINX
QQQ	Invesco QQQ ETF	Nasdaq-100	73	21.30%	493.99B	Mar 1999	GSPAX vs QQQ
GSSRX	Goldman Sachs Short Duration Bond Fund	Short-Term Bond	69	0.83%	—	Feb 2012	GSPAX vs GSSRX
OIEIX	JPMorgan Equity Income Fund Class A	Dividend	61	10.16%	—	—	GSPAX vs OIEIX
PJDZX	PGIM Jennison Rising Dividend Fund	Large Cap Blend Equities, Dividend	72	11.45%	—	Mar 2014	GSPAX vs PJDZX
GSAKX	Goldman Sachs International Equity Income Fund Cla...	Foreign Large Cap Equities, Dividend	37	10.59%	—	Jun 2007	GSPAX vs GSAKX
NFJ	Virtus Dividend, Interest and Premium Strategy Fun...	Dividend	81	19.07%	—	Feb 2005	GSPAX vs NFJ
IHGIX	Hartford Dividend and Growth Fund Class A	Dividend	61	8.85%	—	Jul 1996	GSPAX vs IHGIX
MDDVX	BlackRock Equity Dividend Fund Investor A Shares	Dividend	60	9.51%	—	Oct 1994	GSPAX vs MDDVX
EVT	Eaton Vance Tax-Advantaged Dividend Income Fund	Dividend	52	10.58%	—	Sep 2003	GSPAX vs EVT
DHY	Dimensional High Yield Equity Fund	Dividend	1	-8.33%	—	Jan 2013	GSPAX vs DHY
JDDVX	Janus Henderson U.S. Dividend Income Fund Class D	Dividend	60	10.57%	—	Dec 2022	GSPAX vs JDDVX
GDV	The Gabelli Dividend and Income Trust	Dividend	48	7.28%	—	Nov 2003	GSPAX vs GDV
SOPYX	ClearBridge Dividend Strategy Fund Class I	Dividend	32	5.89%	—	Feb 1996	GSPAX vs SOPYX
HQIIX	Hartford Equity Income Fund Class I	Dividend	41	6.59%	—	Aug 2003	GSPAX vs HQIIX
HTD	John Hancock Tax-Advantaged Dividend Income Fund	Dividend	38	10.11%	—	Feb 2004	GSPAX vs HTD
EXG	Eaton Vance Tax-Managed Global Diversified Equity ...	Dividend, Global Equity Income	23	2.69%	—	Feb 2007	GSPAX vs EXG

Compare GSPAX with Any Fund or Stock

Compare GSPAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Diversifiers

Pair GSPAX with funds that move differently

Goldman Sachs U.S. Equity Dividend and Premium Fund Class A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GSPAX.

Explore GSPAX Diversifiers

Goldman Sachs U.S. Equity Dividend and Premium Fund Class A (GSPAX) Alternatives