GENIX vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about Gotham Enhanced Return Fund (GENIX) and S&P 500 Index (^GSPC).

GENIX is managed by Gotham. It was launched on May 31, 2013.

Performance

GENIX vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gotham Enhanced Return Fund (GENIX) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

GENIX vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GENIX Gotham Enhanced Return Fund	-0.61%	21.16%	27.31%	25.26%	-12.02%	39.66%	-8.21%	21.54%	-5.97%	18.21%
^GSPC S&P 500 Index	-3.95%	16.39%	23.31%	24.23%	-19.44%	26.89%	16.26%	28.88%	-6.24%	19.42%

Returns By Period

In the year-to-date period, GENIX achieves a -0.61% return, which is significantly higher than ^GSPC's -3.95% return. Both investments have delivered pretty close results over the past 10 years, with GENIX having a 12.29% annualized return and ^GSPC not far behind at 12.24%.

GENIX

• 1D: 2.39%
• 1M: -3.76%
• YTD: -0.61%
• 6M: 2.86%
• 1Y: 23.31%
• 3Y*: 22.51%
• 5Y*: 15.97%
• 10Y*: 12.29%

^GSPC

• 1D: 0.72%
• 1M: -4.45%
• YTD: -3.95%
• 6M: -2.02%
• 1Y: 16.73%
• 3Y*: 16.96%
• 5Y*: 10.34%
• 10Y*: 12.24%

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

Return for Risk

GENIX vs. ^GSPC — Risk / Return Rank

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

GENIX

GENIX Risk / Return Rank: 73
GENIX Sharpe Ratio Rank: 69
GENIX Sortino Ratio Rank: 71
GENIX Omega Ratio Rank: 73
GENIX Calmar Ratio Rank: 69
GENIX Martin Ratio Rank: 85

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC Martin Ratio Rank: 77

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.

GENIX vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Gotham Enhanced Return Fund (GENIX) and S&P 500 Index (^GSPC). 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.

	GENIX	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	1.28	0.92	+0.36
Sortino ratio Return per unit of downside risk	1.87	1.41	+0.45
Omega ratio Gain probability vs. loss probability	1.29	1.21	+0.07
Calmar ratio Return relative to maximum drawdown	1.73	1.41	+0.31
Martin ratio Return relative to average drawdown	9.16	6.61	+2.54
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GENIX vs. ^GSPC - Sharpe Ratio Comparison

The current GENIX Sharpe Ratio is 1.28, which is higher than the ^GSPC Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of GENIX and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GENIX	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.28	0.92	+0.36
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.93	0.61	+0.32
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.67	0.68	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.46	+0.14

Correlation

The correlation between GENIX and ^GSPC is 0.91, 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.

Drawdowns

GENIX vs. ^GSPC - Drawdown Comparison

The maximum GENIX drawdown since its inception was -39.35%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for GENIX and ^GSPC.

Drawdown Indicators

	GENIX	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-39.35%	-56.78%	+17.43%
Max Drawdown (1Y) Largest decline over 1 year	-12.80%	-12.14%	-0.66%
Max Drawdown (5Y) Largest decline over 5 years	-20.74%	-25.43%	+4.69%
Max Drawdown (10Y) Largest decline over 10 years	-39.35%	-33.92%	-5.43%
Current Drawdown Current decline from peak	-4.20%	-5.78%	+1.58%
Average Drawdown Average peak-to-trough decline	-5.72%	-10.75%	+5.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.41%	2.60%	-0.19%

Volatility

GENIX vs. ^GSPC - Volatility Comparison

The current volatility for Gotham Enhanced Return Fund (GENIX) is 4.52%, while S&P 500 Index (^GSPC) has a volatility of 5.37%. This indicates that GENIX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GENIX	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.52%	5.37%	-0.85%
Volatility (6M) Calculated over the trailing 6-month period	9.44%	9.55%	-0.11%
Volatility (1Y) Calculated over the trailing 1-year period	18.78%	18.33%	+0.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.23%	16.90%	+0.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.52%	18.05%	+0.47%