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 23 mutual funds in the Dividend category with lower expense ratios, going as low as 0.07%.

Symbol	Name	Expense Ratio	AUM	Inception
VDADX	Vanguard Dividend Appreciation Index Fund Admiral ...	0.07%	127.80B	Dec 2013	GSPAX vs VDADX
VHYAX	Vanguard High Dividend Yield Index Fund Admiral Sh...	0.08%	96.10B	Feb 2019	GSPAX vs VHYAX
VDIGX	Vanguard Dividend Growth Fund	0.22%	36.40B	May 1992	GSPAX vs VDIGX
VIHAX	Vanguard International High Dividend Yield Index F...	0.22%	20.50B	Mar 2016	GSPAX vs VIHAX
CAIFX	American Funds Capital Income Builder Fund Class F...	0.37%	—	Jul 1987	GSPAX vs CAIFX

Best Risk-Adjusted Alternatives to GSPAX

GSPAX has a PortfoliosLab risk / return rank of 74. There are 9 mutual funds in the Dividend category with higher risk-adjusted ranks, going as high as 88.

Symbol	Name	Risk / Return Rank	AUM	Inception
FDGDX	Fidelity Advisor 529 Dividend Growth Portfolio Cla...	88	—	Apr 2015	GSPAX vs FDGDX
FDGFX	Fidelity Dividend Growth Fund	86	—	Apr 1993	GSPAX vs FDGFX
VIHAX	Vanguard International High Dividend Yield Index F...	82	20.50B	Mar 2016	GSPAX vs VIHAX
PJDZX	PGIM Jennison Rising Dividend Fund	81	—	Mar 2014	GSPAX vs PJDZX
OIEJX	JPMorgan Equity Income Fund R6	80	—	Jul 1987	GSPAX vs OIEJX

Top Performing GSPAX Alternatives (YTD)

GSPAX is at 9.73% YTD. There are 12 mutual funds in the Dividend category with higher YTD returns, going as high as 17.96%.

Symbol	Name	YTD Return	AUM	Inception
FDGFX	Fidelity Dividend Growth Fund	17.96%	—	Apr 1993	GSPAX vs FDGFX
FDGDX	Fidelity Advisor 529 Dividend Growth Portfolio Cla...	17.58%	—	Apr 2015	GSPAX vs FDGDX
FINFX	American Funds Fundamental Investors® Class F-2	14.35%	—	Aug 1978	GSPAX vs FINFX
JDDVX	Janus Henderson U.S. Dividend Income Fund Class D	13.17%	—	Dec 2022	GSPAX vs JDDVX
OIEJX	JPMorgan Equity Income Fund R6	13.03%	—	Jul 1987	GSPAX vs OIEJX

Lowest Volatility Alternatives to GSPAX

GSPAX has 10.28% 1-year volatility. There are 11 mutual funds in the Dividend category with lower 1-year volatility, going as low as 5.90%.

Symbol	Name	Volatility 1Y	AUM	Inception
PMAIX	Pioneer Multi-Asset Income Fund A	5.90%	—	Dec 2011	GSPAX vs PMAIX
AMECX	American Funds The Income Fund of America Class A	7.42%	—	Dec 1973	GSPAX vs AMECX
CAIFX	American Funds Capital Income Builder Fund Class F...	8.24%	—	Jul 1987	GSPAX vs CAIFX
JEPAX	JPMorgan Equity Premium Income Fund Class A	8.78%	—	Aug 2018	GSPAX vs JEPAX
PDT	John Hancock Premium Dividend Fund	8.99%	—	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	16	3.65%	—	Dec 2016	GSPAX vs GSIMX
GSINX	Goldman Sachs GQG Partners International Opportuni...	Foreign Large Cap Equities	16	3.57%	—	Dec 2016	GSPAX vs GSINX
GCIIX	Goldman Sachs International Equity Insights Fund	Foreign Large Cap Equities	61	14.14%	—	Aug 1997	GSPAX vs GCIIX
GICIX	Goldman Sachs International Small Cap Insights Fun...	Foreign Small & Mid Cap Equities	64	14.59%	—	Sep 2007	GSPAX vs GICIX
GSBFX	Goldman Sachs Income Builder Fund	Diversified Portfolio	77	5.76%	—	Oct 1994	GSPAX vs GSBFX
GCGIX	Goldman Sachs Large Cap Growth Insights Fund	Large Cap Growth Equities	15	0.41%	—	May 1997	GSPAX vs GCGIX
GSPKX	Goldman Sachs U.S. Equity Dividend and Premium Fun...	Large Cap Blend Equities	77	9.85%	—	Aug 2005	GSPAX vs GSPKX
GSIFX	Goldman Sachs International Equity ESG Fund Class ...	Foreign Large Cap Equities, ESG	18	7.73%	—	Dec 1992	GSPAX vs GSIFX
GGSIX	Goldman Sachs Growth Strategy Portfolio	Global Allocation	68	10.03%	—	Jan 1998	GSPAX vs GGSIX
GSRAX	Goldman Sachs Rising Dividend Growth Fund	Large Cap Blend Equities, Dividend	43	11.89%	—	Mar 2004	GSPAX vs GSRAX

Often Compared With GSPAX

Investors most often compare GSPAX with AFNIX, AMINX, EPDPX. These 17 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	12.08%	—	Sep 2013	GSPAX vs AMINX
EPDPX	EuroPac International Dividend Income Fund Class A	Foreign Large Cap Equities, Dividend	74	7.93%	—	Jan 2014	GSPAX vs EPDPX
QQQ	Invesco QQQ ETF	Nasdaq-100	59	16.45%	493.17B	Mar 1999	GSPAX vs QQQ
GSSRX	Goldman Sachs Short Duration Bond Fund	Short-Term Bond	70	0.62%	—	Feb 2012	GSPAX vs GSSRX
OIEIX	JPMorgan Equity Income Fund Class A	Dividend	77	12.74%	—	—	GSPAX vs OIEIX
SOPYX	ClearBridge Dividend Strategy Fund Class I	Dividend	36	5.85%	—	Feb 1996	GSPAX vs SOPYX
NFJ	Virtus Dividend, Interest and Premium Strategy Fun...	Dividend	84	21.68%	—	Feb 2005	GSPAX vs NFJ
GSAKX	Goldman Sachs International Equity Income Fund Cla...	Foreign Large Cap Equities, Dividend	54	12.41%	—	Jun 2007	GSPAX vs GSAKX
EVT	Eaton Vance Tax-Advantaged Dividend Income Fund	Dividend	45	9.41%	—	Sep 2003	GSPAX vs EVT
IHGIX	Hartford Dividend and Growth Fund Class A	Dividend	64	8.48%	—	Jul 1996	GSPAX vs IHGIX
DHY	Dimensional High Yield Equity Fund	Dividend	1	-8.56%	—	Jan 2013	GSPAX vs DHY
MDDVX	BlackRock Equity Dividend Fund Investor A Shares	Dividend	70	11.74%	—	Oct 1994	GSPAX vs MDDVX
GDV	The Gabelli Dividend and Income Trust	Dividend	51	7.32%	—	Nov 2003	GSPAX vs GDV
HQIIX	Hartford Equity Income Fund Class I	Dividend	39	6.44%	—	Aug 2003	GSPAX vs HQIIX
HTD	John Hancock Tax-Advantaged Dividend Income Fund	Dividend	44	10.88%	—	Feb 2004	GSPAX vs HTD
EXG	Eaton Vance Tax-Managed Global Diversified Equity ...	Dividend, Global Equity Income	30	3.51%	—	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.

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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