GCOR vs. ^GSPC
Compare and contrast key facts about Goldman Sachs Access U.S. Aggregate Bond ETF (GCOR) and S&P 500 (^GSPC).
GCOR is a passively managed fund by Goldman Sachs that tracks the performance of the FTSE Goldman Sachs US Broad Bond Market Index. It was launched on Sep 8, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GCOR or ^GSPC.
Correlation
The correlation between GCOR and ^GSPC is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GCOR vs. ^GSPC - Performance Comparison
Key characteristics
GCOR:
0.46
^GSPC:
2.06
GCOR:
0.67
^GSPC:
2.74
GCOR:
1.08
^GSPC:
1.38
GCOR:
0.19
^GSPC:
3.13
GCOR:
1.15
^GSPC:
12.83
GCOR:
2.26%
^GSPC:
2.07%
GCOR:
5.72%
^GSPC:
12.85%
GCOR:
-18.94%
^GSPC:
-56.78%
GCOR:
-9.72%
^GSPC:
-0.67%
Returns By Period
In the year-to-date period, GCOR achieves a 0.48% return, which is significantly lower than ^GSPC's 2.85% return.
GCOR
0.48%
0.30%
0.93%
2.47%
N/A
N/A
^GSPC
2.85%
2.00%
8.88%
24.72%
12.77%
11.45%
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Risk-Adjusted Performance
GCOR vs. ^GSPC — Risk-Adjusted Performance Rank
GCOR
^GSPC
GCOR vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Access U.S. Aggregate Bond ETF (GCOR) and S&P 500 (^GSPC). 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.
Drawdowns
GCOR vs. ^GSPC - Drawdown Comparison
The maximum GCOR drawdown since its inception was -18.94%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for GCOR and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
GCOR vs. ^GSPC - Volatility Comparison
The current volatility for Goldman Sachs Access U.S. Aggregate Bond ETF (GCOR) is 1.61%, while S&P 500 (^GSPC) has a volatility of 5.14%. This indicates that GCOR experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.