GCVIX vs. SVAIX

Last updated Jun 4, 2026

GCVIX (Goldman Sachs Large Cap Value Insights Fund) and SVAIX (Federated Hermes Strategic Value Dividend Fund) are both Large Cap Value Equities funds. Over the past 10 years, GCVIX returned 12.97%/yr vs 8.12%/yr for SVAIX. A 0.79 correlation means they provide meaningful diversification when combined. GCVIX charges 0.56%/yr vs 0.81%/yr for SVAIX.

Performance

GCVIX vs. SVAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Large Cap Value Insights Fund (GCVIX) and Federated Hermes Strategic Value Dividend Fund (SVAIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GCVIX achieves a 10.62% return, which is significantly higher than SVAIX's 8.76% return. Over the past 10 years, GCVIX has outperformed SVAIX with an annualized return of 12.97%, while SVAIX has yielded a comparatively lower 8.12% annualized return.

GCVIX

• 1D: 0.40%
• 1M: 2.90%
• YTD: 10.62%
• 6M: 11.95%
• 1Y: 25.24%
• 3Y*: 23.99%
• 5Y*: 13.49%
• 10Y*: 12.97%

SVAIX

• 1D: 0.44%
• 1M: -0.17%
• YTD: 8.76%
• 6M: 8.67%
• 1Y: 19.00%
• 3Y*: 15.48%
• 5Y*: 10.39%
• 10Y*: 8.12%

*Multi-year figures are annualized to reflect compound growth (CAGR)

GCVIX vs. SVAIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GCVIX Goldman Sachs Large Cap Value Insights Fund	10.62%	15.34%	35.66%	11.07%	-9.01%	29.14%	1.49%	21.01%	-8.83%	19.44%
SVAIX Federated Hermes Strategic Value Dividend Fund	8.76%	15.26%	16.47%	-1.81%	8.47%	21.52%	-7.88%	19.59%	-8.23%	15.10%

Correlation

The correlation between GCVIX and SVAIX is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (3Y) Calculated over the trailing 3-year period	0.61
Correlation (5Y) Calculated over the trailing 5-year period	0.72
Correlation (10Y) Calculated over the trailing 10-year period	0.72
Correlation (All Time) Calculated using the full available price history since Mar 29, 2005	0.79

Over the past year, the correlation between GCVIX and SVAIX has dropped to 0.47 - well below their long-term average of 0.79, suggesting their price drivers have been diverging.

Return for Risk

GCVIX vs. SVAIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GCVIX

GCVIX Risk / Return Rank: 67
GCVIX Sharpe Ratio Rank: 65
GCVIX Sortino Ratio Rank: 64
GCVIX Omega Ratio Rank: 57
GCVIX Calmar Ratio Rank: 74
GCVIX Martin Ratio Rank: 74

SVAIX

SVAIX Risk / Return Rank: 70
SVAIX Sharpe Ratio Rank: 64
SVAIX Sortino Ratio Rank: 67
SVAIX Omega Ratio Rank: 51
SVAIX Calmar Ratio Rank: 93
SVAIX Martin Ratio Rank: 76

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GCVIX vs. SVAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Large Cap Value Insights Fund (GCVIX) and Federated Hermes Strategic Value Dividend Fund (SVAIX). 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.

	GCVIX	SVAIX	Difference
Sharpe ratio: Return per unit of total volatility	2.38	2.35	+0.03
Sortino ratio: Return per unit of downside risk	3.37	3.42	-0.05
Omega ratio: Gain probability vs. loss probability	1.42	1.39	+0.03
Calmar ratio: Return relative to maximum drawdown	3.38	5.20	-1.82
Martin ratio: Return relative to average drawdown	14.04	14.39	-0.36
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GCVIX vs. SVAIX - Sharpe Ratio Comparison

The current GCVIX Sharpe Ratio is 2.38, which is comparable to the SVAIX Sharpe Ratio of 2.35. The chart below compares the historical Sharpe Ratios of GCVIX and SVAIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GCVIX	SVAIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.38	2.35	+0.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	0.80	-0.15
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.64	0.54	+0.10
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	0.52	-0.11

Drawdowns

GCVIX vs. SVAIX - Drawdown Comparison

The maximum GCVIX drawdown since its inception was -61.49%, which is greater than SVAIX's maximum drawdown of -50.62%. Use the drawdown chart below to compare losses from any high point for GCVIX and SVAIX.

Drawdown Indicators

	GCVIX	SVAIX	Difference
Max Drawdown Largest peak-to-trough decline	-61.49%	-50.62%	-10.87%
Max Drawdown (1Y) Largest decline over 1 year	-7.69%	-4.66%	-3.03%
Max Drawdown (3Y) Largest decline over 3 years	-24.33%	-12.64%	-11.69%
Max Drawdown (5Y) Largest decline over 5 years	-24.33%	-16.13%	-8.20%
Max Drawdown (10Y) Largest decline over 10 years	-39.20%	-36.53%	-2.67%
Current Drawdown Current decline from peak	-0.40%	-3.25%	+2.85%
Average Drawdown Average peak-to-trough decline	-10.16%	-7.71%	-2.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.85%	2.59%	-0.74%

Volatility

GCVIX vs. SVAIX - Volatility Comparison

The current volatility for Goldman Sachs Large Cap Value Insights Fund (GCVIX) is 3.01%, while Federated Hermes Strategic Value Dividend Fund (SVAIX) has a volatility of 3.54%. This indicates that GCVIX experiences smaller price fluctuations and is considered to be less risky than SVAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GCVIX	SVAIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.01%	3.54%	-0.53%
Volatility (6M) Calculated over the trailing 6-month period	8.06%	7.32%	+0.74%
Volatility (1Y) Calculated over the trailing 1-year period	10.94%	10.33%	+0.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.94%	13.63%	+7.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.34%	15.44%	+4.90%

GCVIX vs. SVAIX - Expense Ratio Comparison

GCVIX has a 0.56% expense ratio, which is lower than SVAIX's 0.81% expense ratio.

Dividends

GCVIX vs. SVAIX - Dividend Comparison

GCVIX's dividend yield for the trailing twelve months is around 6.87%, more than SVAIX's 6.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GCVIX Goldman Sachs Large Cap Value Insights Fund	6.87%	7.58%	28.86%	3.94%	2.92%	18.84%	1.66%	1.77%	7.31%	1.82%	1.51%	1.89%
SVAIX Federated Hermes Strategic Value Dividend Fund	6.05%	6.41%	7.58%	4.32%	9.68%	3.72%	4.28%	8.75%	8.54%	10.36%	5.24%	8.67%

Frequently Asked Questions

Can I hold both GCVIX and SVAIX in my portfolio?

GCVIX and SVAIX have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GCVIX or SVAIX?

SVAIX has higher volatility (3.54%) compared to GCVIX (3.01%). In terms of maximum drawdown, GCVIX dropped -61.49% vs SVAIX's -50.62%.

Which has better risk-adjusted returns?

GCVIX currently has the higher Sharpe Ratio (2.38 vs 2.35), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.