- ISIN
- US0030206587
- CUSIP
- 003020658
- Issuer
- Aberdeen
- Inception Date
- Nov 2, 1998
- Category
- Small Cap Growth Equities
- Min. Investment
- $1,000,000
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Asset Class Size
- Small-Cap
- Asset Class Style
- Growth
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
GSXIX Performance Chart
abrdn U.S. Small Cap Equity Fund (GSXIX) is up 24.1% since the beginning of the year. GSXIX is currently trading at $54 per share. Investors who bought $1,000 worth of GSXIX shares 5 years ago would now be looking at an investment worth $1,962.
Loading charts...
Returns By Period
abrdn U.S. Small Cap Equity Fund (GSXIX) has returned 24.05% so far this year and 34.56% over the past 12 months. Over the last decade, GSXIX has posted an annualized return of 14.49%, slightly higher than the S&P 500 Index benchmark’s 13.88%.
abrdn U.S. Small Cap Equity Fund
- 1D
- 2.14%
- 1M
- 7.42%
- YTD
- 24.05%
- 6M
- 18.76%
- 1Y
- 34.56%
- 3Y*
- 17.40%
- 5Y*
- 14.43%
- 10Y*
- 14.49%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
GSXIX Monthly Returns History
Based on dividend-adjusted daily data since Aug 3, 2012, GSXIX's average daily return is +0.07%, while the average monthly return is +1.38%. At this rate, an investment would double in approximately 4.2 years.
Historically, 63% of months were positive and 37% were negative. The best month was Dec 2021 with a return of +32.3%, while the worst month was Mar 2020 at -16.7%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 4 months.
On a daily basis, GSXIX closed higher 52% of trading days. The best single day was Dec 22, 2021 with a return of +31.5%, while the worst single day was Mar 16, 2020 at -11.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.02% | 3.36% | -5.97% | 13.62% | 0.91% | 7.01% | 24.05% | ||||||
| 2025 | 7.99% | -6.62% | -4.49% | -2.20% | 7.06% | 2.20% | 0.22% | 5.81% | -0.80% | -1.45% | 4.50% | -2.39% | 8.99% |
| 2024 | -1.82% | 3.82% | 2.69% | -6.57% | 4.58% | 0.51% | 7.50% | -1.44% | 1.03% | -0.31% | 12.87% | -6.32% | 16.00% |
| 2023 | 10.64% | -1.71% | -2.45% | -1.03% | -3.06% | 7.83% | 1.38% | -3.12% | -6.08% | -8.76% | 10.13% | 9.42% | 11.28% |
| 2022 | -12.03% | -2.00% | -0.63% | -10.02% | 0.29% | -6.95% | 8.82% | -3.72% | -8.27% | 9.01% | 4.25% | -5.66% | -25.87% |
| 2021 | 0.77% | 6.86% | 2.39% | 4.19% | -0.52% | 1.08% | 3.21% | 4.83% | -3.30% | 6.94% | -0.30% | 32.29% | 70.47% |
Benchmark Metrics
abrdn U.S. Small Cap Equity Fund has an annualized alpha of 2.92%, beta of 1.02, and R2 of 0.64 versus S&P 500 Index. Calculated based on daily prices since August 03, 2012.
- This fund captured 116.19% of S&P 500 Index gains and 106.00% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- This fund generated an annualized alpha of 2.92% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 1.02 and R2 of 0.64, 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
- 2.92%
- Beta
- 1.02
- R²
- 0.64
- Upside Capture
- 116.19%
- Downside Capture
- 106.00%
Expense Ratio
GSXIX has a high expense ratio of 1.11%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
GSXIX ranks 55 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 abrdn U.S. Small Cap Equity Fund (GSXIX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GSXIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.18 | ||
| Sortino ratioReturn per unit of downside risk | -0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.37 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.32 | 2.78 | +0.54 |
| Martin ratioReturn relative to average drawdown | 12.08 | 12.44 | -0.35 |
Dividends
Dividend History
abrdn U.S. Small Cap Equity Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 | $0.00 | $1.69 | $19.61 | $2.75 | $2.52 | $3.90 |
Dividend yield | 0.00% | 0.00% | 0.00% | 0.00% | 5.42% | 44.27% | 6.63% | 7.30% | 13.20% |
Monthly Dividends
The table displays the monthly dividend distributions for abrdn U.S. Small Cap Equity Fund. 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 | $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 | $0.00 | $0.00 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.69 | $1.69 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $19.61 | $19.61 |
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 charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the abrdn U.S. Small Cap Equity 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 abrdn U.S. Small Cap Equity Fund was 35.39%, occurring on Mar 23, 2020. Recovery took 89 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -35.39%Mar 2020 | 1mo 1d | 4mo 8d | 5mo 9dFeb 2020 - Jul 2020 |
Bear market2022 | -32.39%Jun 2022 | 5mo 20d | 2y 4mo | 2y 10moDec 2021 - Nov 2024 |
Rate-hike selloffLate 2018 | -25.41%Dec 2018 | 3mo 8d | 1y 13d | 1y 3moSep 2018 - Jan 2020 |
2025 selloff2025 | -23.22%Apr 2025 | 2mo 7d | 4mo 21d | 6mo 28dJan 2025 - Aug 2025 |
2016 correction2016 | -13.23%Feb 2016 | 2mo 11d | 1mo 18d | 3mo 29dDec 2015 - Mar 2016 |
Drawdown Indicators
| GSXIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.39% | -56.78% | +21.39% |
Max Drawdown (1Y)Largest decline over 1 year | -10.21% | -9.10% | -1.11% |
Max Drawdown (3Y)Largest decline over 3 years | -23.22% | -18.90% | -4.32% |
Max Drawdown (5Y)Largest decline over 5 years | -32.39% | -25.43% | -6.96% |
Max Drawdown (10Y)Largest decline over 10 years | -35.39% | -33.92% | -1.47% |
Current DrawdownCurrent decline from peak | 0.00% | -1.80% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -7.11% | -10.71% | +3.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.80% | 2.03% | +0.77% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with GSXIX
Add abrdn U.S. Small Cap Equity Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with GSXIX