GFSYX vs. PSMIX
GFSYX (GuideStone Funds Strategic Alternatives Fund) and PSMIX (Principal Global Multi-Strategy Fund) are both Multistrategy funds. Over the past 5 years, GFSYX returned 4.86%/yr vs 6.12%/yr for PSMIX. At a 0.21 correlation, their price movements are largely independent. GFSYX charges 1.15%/yr vs 1.63%/yr for PSMIX.
Performance
GFSYX vs. PSMIX - Performance Comparison
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Returns By Period
In the year-to-date period, GFSYX achieves a 1.00% return, which is significantly lower than PSMIX's 5.41% return.
GFSYX
- 1D
- 0.33%
- 1M
- 1.00%
- YTD
- 1.00%
- 6M
- 1.45%
- 1Y
- 4.26%
- 3Y*
- 6.10%
- 5Y*
- 4.86%
- 10Y*
- —
PSMIX
- 1D
- 0.08%
- 1M
- 0.66%
- YTD
- 5.41%
- 6M
- 5.28%
- 1Y
- 14.08%
- 3Y*
- 9.56%
- 5Y*
- 6.12%
- 10Y*
- 5.28%
GFSYX vs. PSMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GFSYX GuideStone Funds Strategic Alternatives Fund | 1.00% | 5.49% | 7.60% | 5.98% | -0.57% | 4.96% | -0.17% | 4.94% | 0.14% | 1.20% |
PSMIX Principal Global Multi-Strategy Fund | 5.41% | 10.47% | 8.90% | 6.59% | -1.80% | 5.62% | 5.11% | 8.18% | -4.34% | 2.37% |
Correlation
The correlation between GFSYX and PSMIX is -0.18, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since Jul 20, 2017 | 0.21 |
The correlation between GFSYX and PSMIX shifts across timeframes, from -0.18 (1 year) to 0.21 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
GFSYX vs. PSMIX — Risk / Return Rank
GFSYX
PSMIX
GFSYX vs. PSMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GuideStone Funds Strategic Alternatives Fund (GFSYX) and Principal Global Multi-Strategy Fund (PSMIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GFSYX | PSMIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.81 | ||
| Sortino ratioReturn per unit of downside risk | -2.72 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.71 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | 3.37 | 5.98 | -2.61 |
| Martin ratioReturn relative to average drawdown | 8.05 | 24.25 | -16.20 |
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Drawdowns
GFSYX vs. PSMIX - Drawdown Comparison
The maximum GFSYX drawdown since its inception was -9.54%, smaller than the maximum PSMIX drawdown of -55.50%. Use the drawdown chart below to compare losses from any high point for GFSYX and PSMIX.
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Drawdown Indicators
| GFSYX | PSMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.54% | -55.50% | +45.96% |
Max Drawdown (1Y)Largest decline over 1 year | -1.34% | -2.41% | +1.07% |
Max Drawdown (3Y)Largest decline over 3 years | -4.49% | -5.01% | +0.52% |
Max Drawdown (5Y)Largest decline over 5 years | -4.49% | -6.39% | +1.90% |
Max Drawdown (10Y)Largest decline over 10 years | — | -55.50% | — |
Current DrawdownCurrent decline from peak | 0.00% | -24.76% | +24.76% |
Average DrawdownAverage peak-to-trough decline | -0.91% | -26.58% | +25.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.56% | 0.59% | -0.03% |
Volatility
GFSYX vs. PSMIX - Volatility Comparison
The current volatility for GuideStone Funds Strategic Alternatives Fund (GFSYX) is 0.89%, while Principal Global Multi-Strategy Fund (PSMIX) has a volatility of 1.51%. This indicates that GFSYX experiences smaller price fluctuations and is considered to be less risky than PSMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GFSYX | PSMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.89% | 1.51% | -0.62% |
Volatility (6M)Calculated over the trailing 6-month period | 1.92% | 3.17% | -1.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.57% | 4.06% | -1.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.67% | 4.54% | -0.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.71% | 38.11% | -34.40% |
GFSYX vs. PSMIX - Expense Ratio Comparison
GFSYX has a 1.15% expense ratio, which is lower than PSMIX's 1.63% expense ratio.
Dividends
GFSYX vs. PSMIX - Dividend Comparison
GFSYX's dividend yield for the trailing twelve months is around 7.10%, more than PSMIX's 5.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GFSYX GuideStone Funds Strategic Alternatives Fund | 7.10% | 7.18% | 8.54% | 13.00% | 4.20% | 1.59% | 1.53% | 2.24% | 2.17% | 0.70% | 0.00% | 0.00% |
PSMIX Principal Global Multi-Strategy Fund | 5.24% | 5.53% | 1.66% | 3.51% | 12.10% | 4.04% | 1.68% | 0.00% | 6.52% | 2.91% | 0.15% | 3.02% |
Frequently Asked Questions
GFSYX and PSMIX have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PSMIX has higher volatility (1.51%) compared to GFSYX (0.89%). In terms of maximum drawdown, GFSYX dropped -9.54% vs PSMIX's -55.50%.
PSMIX currently has the higher Sharpe Ratio (3.57 vs 1.76), 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.
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