DIVB vs. GSRAX

Last updated Jun 4, 2026

DIVB (iShares U.S. Dividend and Buyback ETF) and GSRAX (Goldman Sachs Rising Dividend Growth Fund) are both Large Cap Blend Equities funds. Over the past 5 years, DIVB returned 12.19%/yr vs 12.40%/yr for GSRAX. Their correlation of 0.89 suggests significant overlap in exposure. DIVB charges 0.25%/yr vs 1.03%/yr for GSRAX.

Performance

DIVB vs. GSRAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Dividend and Buyback ETF (DIVB) and Goldman Sachs Rising Dividend Growth Fund (GSRAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DIVB achieves a 17.35% return, which is significantly higher than GSRAX's 11.61% return.

DIVB

• 1D: -0.56%
• 1M: 8.55%
• YTD: 17.35%
• 6M: 17.71%
• 1Y: 29.81%
• 3Y*: 22.07%
• 5Y*: 12.19%
• 10Y*: —

GSRAX

• 1D: 0.94%
• 1M: 3.97%
• YTD: 11.61%
• 6M: 11.17%
• 1Y: 18.51%
• 3Y*: 19.19%
• 5Y*: 12.40%
• 10Y*: 12.64%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DIVB vs. GSRAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DIVB iShares U.S. Dividend and Buyback ETF	17.35%	15.09%	18.59%	13.27%	-10.51%	31.29%	10.78%	32.72%	-8.16%	5.95%
GSRAX Goldman Sachs Rising Dividend Growth Fund	11.61%	6.66%	26.07%	17.49%	-7.78%	31.47%	8.75%	25.63%	-6.65%	5.08%

Correlation

The correlation between DIVB and GSRAX is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.84
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (All Time) Calculated using the full available price history since Nov 10, 2017	0.89

The correlation between DIVB and GSRAX has been stable across timeframes, ranging from 0.84 to 0.91 - a consistent structural relationship.

Return for Risk

DIVB vs. GSRAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DIVB

DIVB Risk / Return Rank: 79
DIVB Sharpe Ratio Rank: 80
DIVB Sortino Ratio Rank: 82
DIVB Omega Ratio Rank: 77
DIVB Calmar Ratio Rank: 82
DIVB Martin Ratio Rank: 76

GSRAX

GSRAX Risk / Return Rank: 42
GSRAX Sharpe Ratio Rank: 36
GSRAX Sortino Ratio Rank: 36
GSRAX Omega Ratio Rank: 34
GSRAX Calmar Ratio Rank: 52
GSRAX Martin Ratio Rank: 50

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DIVB vs. GSRAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Dividend and Buyback ETF (DIVB) and Goldman Sachs Rising Dividend Growth Fund (GSRAX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	DIVB	GSRAX	Difference
Sharpe ratio: Return per unit of total volatility	2.65	1.74	+0.90
Sortino ratio: Return per unit of downside risk	3.73	2.50	+1.23
Omega ratio: Gain probability vs. loss probability	1.47	1.31	+0.16
Calmar ratio: Return relative to maximum drawdown	4.39	2.74	+1.64
Martin ratio: Return relative to average drawdown	14.95	10.31	+4.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DIVB vs. GSRAX - Sharpe Ratio Comparison

The current DIVB Sharpe Ratio is 2.65, which is higher than the GSRAX Sharpe Ratio of 1.74. The chart below compares the historical Sharpe Ratios of DIVB and GSRAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DIVB	GSRAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.65	1.74	+0.90
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.80	0.62	+0.19
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.64	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	0.49	+0.27

Drawdowns

DIVB vs. GSRAX - Drawdown Comparison

The maximum DIVB drawdown since its inception was -36.93%, smaller than the maximum GSRAX drawdown of -44.40%. Use the drawdown chart below to compare losses from any high point for DIVB and GSRAX.

Drawdown Indicators

	DIVB	GSRAX	Difference
Max Drawdown Largest peak-to-trough decline	-36.93%	-44.40%	+7.47%
Max Drawdown (1Y) Largest decline over 1 year	-6.82%	-7.32%	+0.50%
Max Drawdown (3Y) Largest decline over 3 years	-15.45%	-25.43%	+9.98%
Max Drawdown (5Y) Largest decline over 5 years	-21.08%	-25.43%	+4.35%
Max Drawdown (10Y) Largest decline over 10 years	—	-38.97%	—
Current Drawdown Current decline from peak	-0.56%	0.00%	-0.56%
Average Drawdown Average peak-to-trough decline	-4.99%	-6.07%	+1.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.00%	1.94%	+0.06%

Volatility

DIVB vs. GSRAX - Volatility Comparison

iShares U.S. Dividend and Buyback ETF (DIVB) has a higher volatility of 3.34% compared to Goldman Sachs Rising Dividend Growth Fund (GSRAX) at 2.85%. This indicates that DIVB's price experiences larger fluctuations and is considered to be riskier than GSRAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DIVB	GSRAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.34%	2.85%	+0.49%
Volatility (6M) Calculated over the trailing 6-month period	8.44%	8.33%	+0.11%
Volatility (1Y) Calculated over the trailing 1-year period	11.33%	11.52%	-0.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.23%	20.21%	-4.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.38%	19.87%	-1.49%

DIVB vs. GSRAX - Expense Ratio Comparison

DIVB has a 0.25% expense ratio, which is lower than GSRAX's 1.03% expense ratio.

Dividends

DIVB vs. GSRAX - Dividend Comparison

DIVB's dividend yield for the trailing twelve months is around 2.19%, less than GSRAX's 11.34% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DIVB iShares U.S. Dividend and Buyback ETF	2.19%	2.50%	2.61%	3.18%	2.02%	1.63%	2.08%	2.07%	2.52%	0.37%	0.00%	0.00%
GSRAX Goldman Sachs Rising Dividend Growth Fund	11.34%	12.17%	25.88%	9.60%	14.01%	11.55%	4.39%	11.85%	97.89%	21.56%	3.16%	0.92%

Frequently Asked Questions

Can I hold both DIVB and GSRAX in my portfolio?

DIVB and GSRAX have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DIVB or GSRAX?

DIVB has higher volatility (3.34%) compared to GSRAX (2.85%). In terms of maximum drawdown, DIVB dropped -36.93% vs GSRAX's -44.40%.

Which has better risk-adjusted returns?

DIVB currently has the higher Sharpe Ratio (2.65 vs 1.74), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.