GAMPX vs. GFSIX

Last updated Jun 4, 2026

GAMPX (Goldman Sachs Energy Infrastructure Fund Class P) and GFSIX (Gabelli Global Financial Services Fund) are both mutual funds - GAMPX is a MLPs fund actively managed by Goldman Sachs, while GFSIX is a Financials Equities fund managed by BlackRock. Over the past 5 years, GAMPX returned 23.73%/yr vs 15.77%/yr for GFSIX. A 0.54 correlation means they provide meaningful diversification when combined. GAMPX charges 1.11%/yr vs 1.00%/yr for GFSIX.

Performance

GAMPX vs. GFSIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Energy Infrastructure Fund Class P (GAMPX) and Gabelli Global Financial Services Fund (GFSIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GAMPX achieves a 23.48% return, which is significantly higher than GFSIX's 5.16% return.

GAMPX

• 1D: 1.58%
• 1M: -1.53%
• YTD: 23.48%
• 6M: 23.40%
• 1Y: 25.11%
• 3Y*: 32.73%
• 5Y*: 23.73%
• 10Y*: —

GFSIX

• 1D: 0.82%
• 1M: 2.59%
• YTD: 5.16%
• 6M: 9.67%
• 1Y: 29.66%
• 3Y*: 28.65%
• 5Y*: 15.77%
• 10Y*: —

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

GAMPX vs. GFSIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
GAMPX Goldman Sachs Energy Infrastructure Fund Class P	23.48%	5.43%	58.40%	15.11%	19.15%	38.33%	-17.23%	17.00%	-18.59%
GFSIX Gabelli Global Financial Services Fund	5.16%	36.58%	28.17%	25.77%	-11.12%	29.11%	-1.28%	9.12%	0.39%

Correlation

The correlation between GAMPX and GFSIX is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.07
Correlation (3Y) Calculated over the trailing 3-year period	0.40
Correlation (5Y) Calculated over the trailing 5-year period	0.51
Correlation (All Time) Calculated using the full available price history since Oct 3, 2018	0.54

Over the past year, the correlation between GAMPX and GFSIX has dropped to 0.07 - well below their long-term average of 0.54, suggesting their price drivers have been diverging.

Return for Risk

GAMPX vs. GFSIX — Risk / Return Rank

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

GAMPX

GAMPX Risk / Return Rank: 47
GAMPX Sharpe Ratio Rank: 39
GAMPX Sortino Ratio Rank: 36
GAMPX Omega Ratio Rank: 35
GAMPX Calmar Ratio Rank: 80
GAMPX Martin Ratio Rank: 44

GFSIX

GFSIX Risk / Return Rank: 64
GFSIX Sharpe Ratio Rank: 67
GFSIX Sortino Ratio Rank: 72
GFSIX Omega Ratio Rank: 58
GFSIX Calmar Ratio Rank: 69
GFSIX Martin Ratio Rank: 51

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.

GAMPX vs. GFSIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Energy Infrastructure Fund Class P (GAMPX) and Gabelli Global Financial Services Fund (GFSIX). 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.

	GAMPX	GFSIX	Difference
Sharpe ratio: Return per unit of total volatility	1.83	2.39	-0.56
Sortino ratio: Return per unit of downside risk	2.50	3.54	-1.04
Omega ratio: Gain probability vs. loss probability	1.31	1.42	-0.11
Calmar ratio: Return relative to maximum drawdown	3.68	3.22	+0.46
Martin ratio: Return relative to average drawdown	9.33	10.49	-1.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GAMPX vs. GFSIX - Sharpe Ratio Comparison

The current GAMPX Sharpe Ratio is 1.83, which is comparable to the GFSIX Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of GAMPX and GFSIX, 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

	GAMPX	GFSIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.83	2.39	-0.56
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.16	0.91	+0.24
Sharpe Ratio (All Time) Calculated using the full available price history	0.62	0.68	-0.06

Drawdowns

GAMPX vs. GFSIX - Drawdown Comparison

The maximum GAMPX drawdown since its inception was -59.18%, which is greater than GFSIX's maximum drawdown of -46.39%. Use the drawdown chart below to compare losses from any high point for GAMPX and GFSIX.

Drawdown Indicators

	GAMPX	GFSIX	Difference
Max Drawdown Largest peak-to-trough decline	-59.18%	-46.39%	-12.79%
Max Drawdown (1Y) Largest decline over 1 year	-7.23%	-9.42%	+2.19%
Max Drawdown (3Y) Largest decline over 3 years	-17.08%	-14.49%	-2.59%
Max Drawdown (5Y) Largest decline over 5 years	-21.97%	-28.07%	+6.10%
Current Drawdown Current decline from peak	-4.86%	-0.98%	-3.88%
Average Drawdown Average peak-to-trough decline	-8.53%	-7.60%	-0.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.84%	2.88%	-0.04%

Volatility

GAMPX vs. GFSIX - Volatility Comparison

Goldman Sachs Energy Infrastructure Fund Class P (GAMPX) has a higher volatility of 6.10% compared to Gabelli Global Financial Services Fund (GFSIX) at 3.56%. This indicates that GAMPX's price experiences larger fluctuations and is considered to be riskier than GFSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GAMPX	GFSIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.10%	3.56%	+2.54%
Volatility (6M) Calculated over the trailing 6-month period	11.27%	9.44%	+1.83%
Volatility (1Y) Calculated over the trailing 1-year period	14.60%	12.68%	+1.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.64%	17.41%	+3.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.84%	21.78%	+4.06%

GAMPX vs. GFSIX - Expense Ratio Comparison

GAMPX has a 1.11% expense ratio, which is higher than GFSIX's 1.00% expense ratio.

Dividends

GAMPX vs. GFSIX - Dividend Comparison

GAMPX's dividend yield for the trailing twelve months is around 8.21%, more than GFSIX's 1.76% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
GAMPX Goldman Sachs Energy Infrastructure Fund Class P	8.21%	10.13%	25.55%	10.34%	4.76%	8.54%	4.33%	4.99%	3.75%
GFSIX Gabelli Global Financial Services Fund	1.76%	1.85%	2.44%	2.68%	2.96%	2.11%	1.58%	2.69%	0.39%

Frequently Asked Questions

Can I hold both GAMPX and GFSIX in my portfolio?

GAMPX and GFSIX have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GAMPX or GFSIX?

GAMPX has higher volatility (6.10%) compared to GFSIX (3.56%). In terms of maximum drawdown, GAMPX dropped -59.18% vs GFSIX's -46.39%.

Which has better risk-adjusted returns?

GFSIX currently has the higher Sharpe Ratio (2.39 vs 1.83), 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.