GDMYX vs. SPY
Compare and contrast key facts about GuideStone Funds Defensive Market Strategies Fund (GDMYX) and State Street SPDR S&P 500 ETF (SPY).
GDMYX is managed by GuideStone Funds. It was launched on Aug 31, 2011. 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.
Performance
GDMYX vs. SPY - Performance Comparison
Loading graphics...
GDMYX vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GDMYX GuideStone Funds Defensive Market Strategies Fund | -4.35% | 10.46% | 11.71% | 11.43% | -25.87% | 12.14% | 10.04% | 19.79% | -2.69% | 11.51% |
SPY State Street SPDR S&P 500 ETF | -4.37% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 21.71% |
Returns By Period
The year-to-date returns for both stocks are quite close, with GDMYX having a -4.35% return and SPY slightly lower at -4.37%. Over the past 10 years, GDMYX has underperformed SPY with an annualized return of 4.80%, while SPY has yielded a comparatively higher 13.98% annualized return.
GDMYX
- 1D
- -0.09%
- 1M
- -5.40%
- YTD
- -4.35%
- 6M
- -2.14%
- 1Y
- 7.49%
- 3Y*
- 8.55%
- 5Y*
- 1.22%
- 10Y*
- 4.80%
SPY
- 1D
- 2.91%
- 1M
- -4.94%
- YTD
- -4.37%
- 6M
- -1.82%
- 1Y
- 17.59%
- 3Y*
- 18.19%
- 5Y*
- 11.69%
- 10Y*
- 13.98%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GDMYX vs. SPY - Expense Ratio Comparison
GDMYX has a 0.66% expense ratio, which is higher than SPY's 0.09% expense ratio.
Return for Risk
GDMYX vs. SPY — Risk / Return Rank
GDMYX
SPY
GDMYX vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GuideStone Funds Defensive Market Strategies Fund (GDMYX) and State Street 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.
| GDMYX | SPY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.76 | 0.93 | -0.17 |
Sortino ratioReturn per unit of downside risk | 1.13 | 1.45 | -0.32 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.22 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 0.87 | 1.53 | -0.66 |
Martin ratioReturn relative to average drawdown | 4.31 | 7.30 | -2.99 |
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
| GDMYX | SPY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.76 | 0.93 | -0.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.10 | 0.69 | -0.59 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.39 | 0.78 | -0.39 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.56 | -0.10 |
Correlation
The correlation between GDMYX and SPY is 0.95, 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
GDMYX vs. SPY - Dividend Comparison
GDMYX's dividend yield for the trailing twelve months is around 10.68%, more than SPY's 1.14% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GDMYX GuideStone Funds Defensive Market Strategies Fund | 10.68% | 10.22% | 10.00% | 2.28% | 0.00% | 10.65% | 3.09% | 5.76% | 5.36% | 4.63% | 0.00% | 0.00% |
SPY State Street SPDR S&P 500 ETF | 1.14% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Drawdowns
GDMYX vs. SPY - Drawdown Comparison
The maximum GDMYX drawdown since its inception was -29.89%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GDMYX and SPY.
Loading graphics...
Drawdown Indicators
| GDMYX | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.89% | -55.19% | +25.30% |
Max Drawdown (1Y)Largest decline over 1 year | -7.79% | -12.05% | +4.26% |
Max Drawdown (5Y)Largest decline over 5 years | -29.89% | -24.50% | -5.39% |
Max Drawdown (10Y)Largest decline over 10 years | -29.89% | -33.72% | +3.83% |
Current DrawdownCurrent decline from peak | -5.95% | -6.24% | +0.29% |
Average DrawdownAverage peak-to-trough decline | -5.76% | -9.09% | +3.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.56% | 2.52% | -0.96% |
Volatility
GDMYX vs. SPY - Volatility Comparison
The current volatility for GuideStone Funds Defensive Market Strategies Fund (GDMYX) is 2.88%, while State Street SPDR S&P 500 ETF (SPY) has a volatility of 5.31%. This indicates that GDMYX 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.
Loading graphics...
Volatility by Period
| GDMYX | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.88% | 5.31% | -2.43% |
Volatility (6M)Calculated over the trailing 6-month period | 5.89% | 9.47% | -3.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.70% | 19.05% | -8.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.39% | 17.06% | -4.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.23% | 17.92% | -5.69% |