GCTIX vs. WFSPX
Compare and contrast key facts about Goldman Sachs U.S. Tax-Managed Equity Fund (GCTIX) and iShares S&P 500 Index Fund (WFSPX).
GCTIX is managed by BlackRock. It was launched on Apr 3, 2000. WFSPX is a passively managed fund by BlackRock that tracks the performance of the S&P 500 Index. It was launched on Jul 30, 1993.
Performance
GCTIX vs. WFSPX - Performance Comparison
Loading graphics...
GCTIX vs. WFSPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GCTIX Goldman Sachs U.S. Tax-Managed Equity Fund | -7.27% | 15.35% | 27.60% | 23.80% | -20.26% | 29.22% | 17.53% | 25.90% | -7.78% | 20.29% |
WFSPX iShares S&P 500 Index Fund | -7.06% | 17.83% | 24.94% | 26.25% | -18.14% | 28.63% | 18.43% | 31.45% | -4.83% | 21.27% |
Returns By Period
The year-to-date returns for both investments are quite close, with GCTIX having a -7.27% return and WFSPX slightly higher at -7.06%. Over the past 10 years, GCTIX has underperformed WFSPX with an annualized return of 12.17%, while WFSPX has yielded a comparatively higher 13.63% annualized return.
GCTIX
- 1D
- -0.65%
- 1M
- -8.78%
- YTD
- -7.27%
- 6M
- -4.94%
- 1Y
- 13.80%
- 3Y*
- 16.64%
- 5Y*
- 10.41%
- 10Y*
- 12.17%
WFSPX
- 1D
- -0.39%
- 1M
- -7.68%
- YTD
- -7.06%
- 6M
- -4.63%
- 1Y
- 14.40%
- 3Y*
- 17.13%
- 5Y*
- 11.37%
- 10Y*
- 13.63%
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. WFSPX - Expense Ratio Comparison
GCTIX has a 0.75% expense ratio, which is higher than WFSPX's 0.03% expense ratio.
Return for Risk
GCTIX vs. WFSPX — Risk / Return Rank
GCTIX
WFSPX
GCTIX vs. WFSPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs U.S. Tax-Managed Equity Fund (GCTIX) and iShares S&P 500 Index Fund (WFSPX). 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.
| GCTIX | WFSPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.77 | 0.84 | -0.07 |
Sortino ratioReturn per unit of downside risk | 1.21 | 1.30 | -0.08 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.20 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 0.92 | 1.06 | -0.14 |
Martin ratioReturn relative to average drawdown | 4.16 | 5.13 | -0.97 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| GCTIX | WFSPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.77 | 0.84 | -0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 0.68 | -0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.65 | 0.76 | -0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.13 | +0.31 |
Correlation
The correlation between GCTIX and WFSPX is 0.97, 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.
Dividends
GCTIX vs. WFSPX - Dividend Comparison
GCTIX's dividend yield for the trailing twelve months is around 0.55%, less than WFSPX's 1.58% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GCTIX Goldman Sachs U.S. Tax-Managed Equity Fund | 0.55% | 0.51% | 3.06% | 0.52% | 0.71% | 0.42% | 0.70% | 0.68% | 0.10% | 0.86% | 0.96% | 1.02% |
WFSPX iShares S&P 500 Index Fund | 1.58% | 1.72% | 1.41% | 1.50% | 2.02% | 1.82% | 1.66% | 1.99% | 2.00% | 1.62% | 2.37% | 2.49% |
Drawdowns
GCTIX vs. WFSPX - Drawdown Comparison
The maximum GCTIX drawdown since its inception was -56.62%, roughly equal to the maximum WFSPX drawdown of -58.21%. Use the drawdown chart below to compare losses from any high point for GCTIX and WFSPX.
Loading graphics...
Drawdown Indicators
| GCTIX | WFSPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.62% | -58.21% | +1.59% |
Max Drawdown (1Y)Largest decline over 1 year | -12.38% | -12.11% | -0.27% |
Max Drawdown (5Y)Largest decline over 5 years | -25.86% | -24.51% | -1.35% |
Max Drawdown (10Y)Largest decline over 10 years | -35.54% | -33.74% | -1.80% |
Current DrawdownCurrent decline from peak | -9.98% | -8.90% | -1.08% |
Average DrawdownAverage peak-to-trough decline | -9.87% | -12.84% | +2.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.79% | 2.49% | +0.30% |
Volatility
GCTIX vs. WFSPX - Volatility Comparison
Goldman Sachs U.S. Tax-Managed Equity Fund (GCTIX) has a higher volatility of 4.71% compared to iShares S&P 500 Index Fund (WFSPX) at 4.24%. This indicates that GCTIX's price experiences larger fluctuations and is considered to be riskier than WFSPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| GCTIX | WFSPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.71% | 4.24% | +0.47% |
Volatility (6M)Calculated over the trailing 6-month period | 9.71% | 9.08% | +0.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.86% | 18.06% | +0.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.79% | 16.84% | +0.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.83% | 17.98% | +0.85% |