GCSIX vs. SPY
Compare and contrast key facts about Goldman Sachs Small Cap Equity Insights Fund (GCSIX) and SPDR S&P 500 ETF (SPY).
GCSIX is managed by Goldman Sachs. It was launched on Aug 15, 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: GCSIX or SPY.
Correlation
The correlation between GCSIX and SPY is 0.84, 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
GCSIX vs. SPY - Performance Comparison
Key characteristics
GCSIX:
-0.28
SPY:
0.52
GCSIX:
-0.21
SPY:
0.87
GCSIX:
0.97
SPY:
1.13
GCSIX:
-0.18
SPY:
0.56
GCSIX:
-0.58
SPY:
2.25
GCSIX:
13.32%
SPY:
4.66%
GCSIX:
27.33%
SPY:
20.06%
GCSIX:
-66.55%
SPY:
-55.19%
GCSIX:
-35.08%
SPY:
-9.25%
Returns By Period
In the year-to-date period, GCSIX achieves a -11.16% return, which is significantly lower than SPY's -5.10% return. Over the past 10 years, GCSIX has underperformed SPY with an annualized return of 2.54%, while SPY has yielded a comparatively higher 12.11% annualized return.
GCSIX
-11.16%
-1.48%
-19.69%
-6.70%
4.50%
2.54%
SPY
-5.10%
-0.87%
-3.78%
11.88%
16.17%
12.11%
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GCSIX vs. SPY - Expense Ratio Comparison
GCSIX has a 0.84% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
GCSIX vs. SPY — Risk-Adjusted Performance Rank
GCSIX
SPY
GCSIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Small Cap Equity Insights Fund (GCSIX) 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
GCSIX vs. SPY - Dividend Comparison
GCSIX's dividend yield for the trailing twelve months is around 14.76%, more than SPY's 1.29% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GCSIX Goldman Sachs Small Cap Equity Insights Fund | 14.76% | 13.11% | 0.76% | 0.87% | 30.90% | 0.50% | 0.54% | 6.50% | 0.27% | 0.60% | 0.58% | 0.35% |
SPY SPDR S&P 500 ETF | 1.29% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
GCSIX vs. SPY - Drawdown Comparison
The maximum GCSIX drawdown since its inception was -66.55%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GCSIX and SPY. For additional features, visit the drawdowns tool.
Volatility
GCSIX vs. SPY - Volatility Comparison
The current volatility for Goldman Sachs Small Cap Equity Insights Fund (GCSIX) is 14.13%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.99%. This indicates that GCSIX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.