GFRIX vs. GCGIX

Last updated Jun 4, 2026

GFRIX (Goldman Sachs High Yield Floating Rate Fund) and GCGIX (Goldman Sachs Large Cap Growth Insights Fund) are both mutual funds - GFRIX is a Bank Loan fund managed by Goldman Sachs, while GCGIX is a Large Cap Growth Equities fund managed by Goldman Sachs. Over the past 10 years, GFRIX returned 4.29%/yr vs 18.09%/yr for GCGIX. At a 0.25 correlation, their price movements are largely independent. GFRIX charges 0.75%/yr vs 0.54%/yr for GCGIX.

Performance

GFRIX vs. GCGIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs High Yield Floating Rate Fund (GFRIX) and Goldman Sachs Large Cap Growth Insights Fund (GCGIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GFRIX achieves a 1.29% return, which is significantly lower than GCGIX's 6.18% return. Over the past 10 years, GFRIX has underperformed GCGIX with an annualized return of 4.29%, while GCGIX has yielded a comparatively higher 18.09% annualized return.

GFRIX

• 1D: 0.00%
• 1M: 0.45%
• YTD: 1.29%
• 6M: 1.29%
• 1Y: 4.15%
• 3Y*: 6.73%
• 5Y*: 4.26%
• 10Y*: 4.29%

GCGIX

• 1D: -0.31%
• 1M: 6.79%
• YTD: 6.18%
• 6M: 5.96%
• 1Y: 23.70%
• 3Y*: 28.63%
• 5Y*: 16.85%
• 10Y*: 18.09%

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

GFRIX vs. GCGIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GFRIX Goldman Sachs High Yield Floating Rate Fund	1.29%	4.07%	7.44%	10.49%	-3.02%	4.36%	2.52%	11.06%	-1.32%	3.43%
GCGIX Goldman Sachs Large Cap Growth Insights Fund	6.18%	15.51%	53.44%	37.56%	-29.62%	29.10%	32.21%	29.70%	-4.58%	29.75%

Correlation

The correlation between GFRIX and GCGIX is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.44
Correlation (3Y) Calculated over the trailing 3-year period	0.35
Correlation (5Y) Calculated over the trailing 5-year period	0.29
Correlation (10Y) Calculated over the trailing 10-year period	0.27
Correlation (All Time) Calculated using the full available price history since Jan 4, 2012	0.25

The correlation between GFRIX and GCGIX shifts across timeframes, from 0.25 (all time) to 0.44 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

GFRIX vs. GCGIX — Risk / Return Rank

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

GFRIX

GFRIX Risk / Return Rank: 55
GFRIX Sharpe Ratio Rank: 34
GFRIX Sortino Ratio Rank: 73
GFRIX Omega Ratio Rank: 77
GFRIX Calmar Ratio Rank: 46
GFRIX Martin Ratio Rank: 43

GCGIX

GCGIX Risk / Return Rank: 24
GCGIX Sharpe Ratio Rank: 31
GCGIX Sortino Ratio Rank: 27
GCGIX Omega Ratio Rank: 29
GCGIX Calmar Ratio Rank: 16
GCGIX Martin Ratio Rank: 17

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.

GFRIX vs. GCGIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs High Yield Floating Rate Fund (GFRIX) and Goldman Sachs Large Cap Growth Insights Fund (GCGIX). 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.

	GFRIX	GCGIX	Difference
Sharpe ratio: Return per unit of total volatility	1.68	1.59	+0.10
Sortino ratio: Return per unit of downside risk	3.59	2.17	+1.42
Omega ratio: Gain probability vs. loss probability	1.51	1.28	+0.23
Calmar ratio: Return relative to maximum drawdown	2.59	1.44	+1.15
Martin ratio: Return relative to average drawdown	9.05	4.71	+4.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GFRIX vs. GCGIX - Sharpe Ratio Comparison

The current GFRIX Sharpe Ratio is 1.68, which is comparable to the GCGIX Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of GFRIX and GCGIX, 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

	GFRIX	GCGIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.68	1.59	+0.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.50	0.76	+0.73
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.03	0.84	+0.18
Sharpe Ratio (All Time) Calculated using the full available price history	1.13	0.46	+0.67

Drawdowns

GFRIX vs. GCGIX - Drawdown Comparison

The maximum GFRIX drawdown since its inception was -23.14%, smaller than the maximum GCGIX drawdown of -65.78%. Use the drawdown chart below to compare losses from any high point for GFRIX and GCGIX.

Drawdown Indicators

	GFRIX	GCGIX	Difference
Max Drawdown Largest peak-to-trough decline	-23.14%	-65.78%	+42.64%
Max Drawdown (1Y) Largest decline over 1 year	-1.62%	-17.25%	+15.63%
Max Drawdown (3Y) Largest decline over 3 years	-3.42%	-25.10%	+21.68%
Max Drawdown (5Y) Largest decline over 5 years	-6.70%	-32.57%	+25.87%
Max Drawdown (10Y) Largest decline over 10 years	-23.14%	-32.94%	+9.80%
Current Drawdown Current decline from peak	0.00%	-0.31%	+0.31%
Average Drawdown Average peak-to-trough decline	-0.90%	-20.82%	+19.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.46%	5.25%	-4.79%

Volatility

GFRIX vs. GCGIX - Volatility Comparison

The current volatility for Goldman Sachs High Yield Floating Rate Fund (GFRIX) is 0.64%, while Goldman Sachs Large Cap Growth Insights Fund (GCGIX) has a volatility of 3.25%. This indicates that GFRIX experiences smaller price fluctuations and is considered to be less risky than GCGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GFRIX	GCGIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.64%	3.25%	-2.61%
Volatility (6M) Calculated over the trailing 6-month period	1.89%	11.81%	-9.92%
Volatility (1Y) Calculated over the trailing 1-year period	2.48%	15.66%	-13.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.86%	22.23%	-19.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.20%	21.55%	-17.35%

GFRIX vs. GCGIX - Expense Ratio Comparison

GFRIX has a 0.75% expense ratio, which is higher than GCGIX's 0.54% expense ratio.

Dividends

GFRIX vs. GCGIX - Dividend Comparison

GFRIX's dividend yield for the trailing twelve months is around 7.07%, which matches GCGIX's 7.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GCGIX Goldman Sachs Large Cap Growth Insights Fund	7.06%	7.50%	23.16%	7.08%	19.27%	42.43%	9.71%	4.02%	10.10%	4.76%	0.76%	0.87%
GFRIX Goldman Sachs High Yield Floating Rate Fund	7.07%	7.15%	7.63%	7.13%	4.79%	3.41%	4.19%	6.77%	4.73%	4.00%	4.18%	4.12%

Frequently Asked Questions

Can I hold both GFRIX and GCGIX in my portfolio?

GFRIX and GCGIX have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GFRIX or GCGIX?

GCGIX has higher volatility (3.25%) compared to GFRIX (0.64%). In terms of maximum drawdown, GFRIX dropped -23.14% vs GCGIX's -65.78%.

Which has better risk-adjusted returns?

GFRIX currently has the higher Sharpe Ratio (1.68 vs 1.59), 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.