Correlation
The correlation between GCGIX and SPY is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
GCGIX vs. SPY
Compare and contrast key facts about Goldman Sachs Large Cap Growth Insights Fund (GCGIX) and SPDR S&P 500 ETF (SPY).
GCGIX is managed by Goldman Sachs. It was launched on May 1, 1997. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GCGIX or SPY.
Performance
GCGIX vs. SPY - Performance Comparison
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Key characteristics
GCGIX:
0.60
SPY:
0.71
GCGIX:
0.93
SPY:
1.20
GCGIX:
1.13
SPY:
1.18
GCGIX:
0.56
SPY:
0.83
GCGIX:
1.82
SPY:
3.14
GCGIX:
7.81%
SPY:
4.93%
GCGIX:
26.02%
SPY:
20.41%
GCGIX:
-66.14%
SPY:
-55.19%
GCGIX:
-6.18%
SPY:
-2.45%
Returns By Period
In the year-to-date period, GCGIX achieves a -2.20% return, which is significantly lower than SPY's 2.01% return. Over the past 10 years, GCGIX has outperformed SPY with an annualized return of 14.36%, while SPY has yielded a comparatively lower 12.94% annualized return.
GCGIX
-2.20%
6.29%
-2.41%
14.99%
18.10%
15.82%
14.36%
SPY
2.01%
5.18%
-0.66%
14.38%
14.90%
15.54%
12.94%
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GCGIX vs. SPY - Expense Ratio Comparison
GCGIX has a 0.54% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
GCGIX vs. SPY — Risk-Adjusted Performance Rank
GCGIX
SPY
GCGIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Large Cap Growth Insights Fund (GCGIX) and SPDR S&P 500 ETF (SPY). 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.
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Dividends
GCGIX vs. SPY - Dividend Comparison
GCGIX's dividend yield for the trailing twelve months is around 11.87%, more than SPY's 1.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GCGIX Goldman Sachs Large Cap Growth Insights Fund | 11.87% | 11.61% | 7.07% | 19.27% | 42.43% | 9.71% | 4.02% | 10.10% | 4.76% | 0.76% | 0.87% | 0.96% |
SPY SPDR S&P 500 ETF | 1.20% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
GCGIX vs. SPY - Drawdown Comparison
The maximum GCGIX drawdown since its inception was -66.14%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GCGIX and SPY.
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Volatility
GCGIX vs. SPY - Volatility Comparison
Goldman Sachs Large Cap Growth Insights Fund (GCGIX) has a higher volatility of 5.85% compared to SPDR S&P 500 ETF (SPY) at 4.70%. This indicates that GCGIX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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