GAMPX vs. PGEKX

Last updated Aug 4, 2026

GAMPX (Goldman Sachs Energy Infrastructure Fund Class P) and PGEKX (Victory Pioneer Global Equity Fund Class R6) are both mutual funds - GAMPX is a Infrastructure Equities fund actively managed by Goldman Sachs, while PGEKX is a Global Equities fund actively managed by Victory. Both are actively managed. Over the past 5 years, GAMPX returned 25.11%/yr vs 15.59%/yr for PGEKX. Their 0.56 correlation means they have sometimes moved together and sometimes differently. GAMPX charges 1.11%/yr vs 0.73%/yr for PGEKX.

Performance

GAMPX vs. PGEKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Energy Infrastructure Fund Class P (GAMPX) and Victory Pioneer Global Equity Fund Class R6 (PGEKX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GAMPX achieves a 26.95% return, which is significantly higher than PGEKX's 15.04% return.

GAMPX

• 1D: 0.43%
• 1M: 3.51%
• 6M: 19.67%
• YTD: 26.95%
• 1Y: 29.64%
• 3Y*: 30.89%
• 5Y*: 25.11%
• 10Y*: —
• ALL TIME*: 16.03%

PGEKX

• 1D: 1.18%
• 1M: 1.10%
• 6M: 9.49%
• YTD: 15.04%
• 1Y: 34.73%
• 3Y*: 23.43%
• 5Y*: 15.59%
• 10Y*: 13.94%
• ALL TIME*: 12.05%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GAMPX Goldman Sachs Energy Infrastructure Fund Class P	$0.00	$0.00	$0.00
PGEKX Victory Pioneer Global Equity Fund Class R6	$0.00	$0.00	$0.00

GAMPX vs. PGEKX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
GAMPX Goldman Sachs Energy Infrastructure Fund Class P	26.95%	5.43%	58.40%	15.11%	19.15%	38.33%	-17.23%	17.00%	-12.69%
PGEKX Victory Pioneer Global Equity Fund Class R6	15.04%	41.73%	11.88%	17.16%	-9.41%	23.83%	18.36%	23.81%	-14.52%

Correlation

The correlation between GAMPX and PGEKX is -0.04, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.04
Correlation (3Y) Balances recent behavior with more history.	0.32
Correlation (5Y) Shows whether the relationship held over a longer period.	0.50
Correlation (All Time) Calculated using the full available price history since May 7, 2018	0.56

The correlation between GAMPX and PGEKX shifts across timeframes, from -0.04 (1 year) to 0.56 (all time), reflecting how their relationship changes across market environments.

Return for Risk

GAMPX vs. PGEKX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GAMPX

GAMPX Risk / Return Rank: 79
GAMPX Sharpe Ratio Rank: 81
GAMPX Sortino Ratio Rank: 77
GAMPX Omega Ratio Rank: 73
GAMPX Calmar Ratio Rank: 94
GAMPX Martin Ratio Rank: 69

PGEKX

PGEKX Risk / Return Rank: 88
PGEKX Sharpe Ratio Rank: 91
PGEKX Sortino Ratio Rank: 86
PGEKX Omega Ratio Rank: 84
PGEKX Calmar Ratio Rank: 88
PGEKX Martin Ratio Rank: 90

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GAMPX vs. PGEKX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Energy Infrastructure Fund Class P (GAMPX) and Victory Pioneer Global Equity Fund Class R6 (PGEKX). 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.

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.

	GAMPX	PGEKX	Difference
Sharpe ratio: Return per unit of total volatility	1.98	2.33	-0.35
Sortino ratio: Return per unit of downside risk	2.72	3.12	-0.40
Omega ratio: Gain probability vs. loss probability	1.34	1.41	-0.07
Calmar ratio: Return relative to maximum drawdown	4.07	3.35	+0.72
Martin ratio: Return relative to average drawdown	9.25	12.79	-3.54

GAMPX vs. PGEKX - Sharpe Ratio Comparison

The current GAMPX Sharpe Ratio is 1.98, which is comparable to the PGEKX Sharpe Ratio of 2.33. The chart below compares the historical Sharpe Ratios of GAMPX and PGEKX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GAMPX vs. PGEKX - Drawdown Comparison

The maximum GAMPX drawdown since its inception was -59.18%, which is greater than PGEKX's maximum drawdown of -33.42%. Use the drawdown chart below to compare losses from any high point for GAMPX and PGEKX.

Drawdown Indicators

	GAMPX	PGEKX	Difference
Max Drawdown Largest peak-to-trough decline	-59.18%	-33.42%	-25.76%
Max Drawdown (1Y) Largest decline over 1 year	-7.23%	-9.97%	+2.74%
Max Drawdown (3Y) Largest decline over 3 years	-17.08%	-14.62%	-2.46%
Max Drawdown (5Y) Largest decline over 5 years	-21.97%	-23.53%	+1.56%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.42%	—
Current Drawdown Current decline from peak	-2.58%	-1.08%	-1.50%
Average Drawdown Average peak-to-trough decline	-8.44%	-5.89%	-2.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.17%	2.60%	+0.57%

Volatility

GAMPX vs. PGEKX - Volatility Comparison

Goldman Sachs Energy Infrastructure Fund Class P (GAMPX) has a higher volatility of 5.26% compared to Victory Pioneer Global Equity Fund Class R6 (PGEKX) at 4.26%. This indicates that GAMPX's price experiences larger fluctuations and is considered to be riskier than PGEKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GAMPX	PGEKX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.26%	4.26%	+1.00%
Volatility (6M) Calculated over the trailing 6-month period	11.87%	11.55%	+0.32%
Volatility (1Y) Calculated over the trailing 1-year period	14.88%	14.37%	+0.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.48%	15.68%	+4.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.69%	16.77%	+8.92%

GAMPX vs. PGEKX - Expense Ratio Comparison

GAMPX has a 1.11% expense ratio, which is higher than PGEKX's 0.73% expense ratio.

Dividends

GAMPX vs. PGEKX - Dividend Comparison

GAMPX's dividend yield for the trailing twelve months is around 8.26%, less than PGEKX's 10.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GAMPX Goldman Sachs Energy Infrastructure Fund Class P	8.26%	10.13%	25.55%	10.34%	4.76%	8.54%	4.33%	4.99%	3.75%	0.00%	0.00%	0.00%
PGEKX Victory Pioneer Global Equity Fund Class R6	10.26%	11.80%	8.09%	1.91%	6.18%	21.47%	1.26%	1.37%	11.04%	1.83%	1.76%	1.10%

Frequently Asked Questions

Can I hold both GAMPX and PGEKX in my portfolio?

GAMPX and PGEKX have a correlation of -0.04, 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 PGEKX?

GAMPX has higher volatility (5.26%) compared to PGEKX (4.26%). In terms of maximum drawdown, GAMPX dropped -59.18% vs PGEKX's -33.42%.

Which has better risk-adjusted returns?

PGEKX currently has the higher Sharpe Ratio (2.33 vs 1.98), 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.