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.
Correlation
The correlation between GCGIX and SPY is 0.92, 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.
Performance
GCGIX vs. SPY - Performance Comparison
Key characteristics
GCGIX:
0.80
SPY:
1.75
GCGIX:
1.07
SPY:
2.36
GCGIX:
1.18
SPY:
1.32
GCGIX:
0.38
SPY:
2.66
GCGIX:
2.77
SPY:
11.01
GCGIX:
6.00%
SPY:
2.03%
GCGIX:
20.88%
SPY:
12.77%
GCGIX:
-68.37%
SPY:
-55.19%
GCGIX:
-33.50%
SPY:
-2.12%
Returns By Period
In the year-to-date period, GCGIX achieves a 1.59% return, which is significantly lower than SPY's 2.36% return. Over the past 10 years, GCGIX has underperformed SPY with an annualized return of 4.25%, while SPY has yielded a comparatively higher 12.96% annualized return.
GCGIX
1.59%
-1.34%
-0.55%
13.63%
-0.39%
4.25%
SPY
2.36%
-1.07%
7.41%
19.73%
14.21%
12.96%
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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.
Dividends
GCGIX vs. SPY - Dividend Comparison
GCGIX's dividend yield for the trailing twelve months is around 0.05%, less than SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GCGIX Goldman Sachs Large Cap Growth Insights Fund | 0.05% | 0.05% | 0.08% | 0.48% | 0.22% | 0.27% | 0.69% | 0.76% | 0.59% | 0.76% | 0.87% | 0.96% |
SPY SPDR S&P 500 ETF | 1.18% | 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 -68.37%, 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. For additional features, visit the drawdowns tool.
Volatility
GCGIX vs. SPY - Volatility Comparison
Goldman Sachs Large Cap Growth Insights Fund (GCGIX) has a higher volatility of 4.86% compared to SPDR S&P 500 ETF (SPY) at 3.38%. 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.