Correlation
The correlation between GCTIX and VGT is 0.87, 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.
GCTIX vs. VGT
Compare and contrast key facts about Goldman Sachs U.S. Tax-Managed Equity Fund (GCTIX) and Vanguard Information Technology ETF (VGT).
GCTIX is managed by Blackrock. It was launched on Apr 3, 2000. VGT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Information Technology 25/50 Index. It was launched on Jan 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GCTIX or VGT.
Performance
GCTIX vs. VGT - Performance Comparison
Loading data...
Key characteristics
GCTIX:
0.56
VGT:
0.47
GCTIX:
0.82
VGT:
0.71
GCTIX:
1.12
VGT:
1.10
GCTIX:
0.50
VGT:
0.40
GCTIX:
1.78
VGT:
1.29
GCTIX:
5.66%
VGT:
8.45%
GCTIX:
20.79%
VGT:
30.25%
GCTIX:
-57.34%
VGT:
-54.63%
GCTIX:
-4.60%
VGT:
-6.19%
Returns By Period
In the year-to-date period, GCTIX achieves a -0.30% return, which is significantly higher than VGT's -2.36% return. Over the past 10 years, GCTIX has underperformed VGT with an annualized return of 10.92%, while VGT has yielded a comparatively higher 19.78% annualized return.
GCTIX
-0.30%
6.10%
-2.83%
11.31%
13.56%
14.74%
10.92%
VGT
-2.36%
8.44%
-2.31%
14.03%
19.73%
19.26%
19.78%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GCTIX vs. VGT - Expense Ratio Comparison
GCTIX has a 0.75% expense ratio, which is higher than VGT's 0.10% expense ratio.
Risk-Adjusted Performance
GCTIX vs. VGT — Risk-Adjusted Performance Rank
GCTIX
VGT
GCTIX vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs U.S. Tax-Managed Equity Fund (GCTIX) and Vanguard Information Technology ETF (VGT). 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.
Loading data...
Dividends
GCTIX vs. VGT - Dividend Comparison
GCTIX's dividend yield for the trailing twelve months is around 1.74%, more than VGT's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GCTIX Goldman Sachs U.S. Tax-Managed Equity Fund | 1.74% | 1.74% | 0.52% | 0.71% | 0.42% | 0.70% | 0.68% | 0.10% | 0.86% | 0.96% | 1.02% | 0.73% |
VGT Vanguard Information Technology ETF | 0.53% | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% |
Drawdowns
GCTIX vs. VGT - Drawdown Comparison
The maximum GCTIX drawdown since its inception was -57.34%, roughly equal to the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for GCTIX and VGT.
Loading data...
Volatility
GCTIX vs. VGT - Volatility Comparison
The current volatility for Goldman Sachs U.S. Tax-Managed Equity Fund (GCTIX) is 5.13%, while Vanguard Information Technology ETF (VGT) has a volatility of 6.70%. This indicates that GCTIX experiences smaller price fluctuations and is considered to be less risky than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...