GGBZX vs. GSCYX

Last updated Jun 3, 2026

GGBZX (GuideStone Funds Aggressive Allocation Fund) and GSCYX (GuideStone Funds Small Cap Equity Fund) are both mutual funds - GGBZX is a Global Equities fund managed by GuideStone Funds, while GSCYX is a Small Cap Blend Equities fund managed by GuideStone Funds. Over the past 10 years, GGBZX returned 11.52%/yr vs 10.08%/yr for GSCYX. Their correlation of 0.88 suggests significant overlap in exposure. GGBZX charges 0.39%/yr vs 0.91%/yr for GSCYX.

Performance

GGBZX vs. GSCYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GuideStone Funds Aggressive Allocation Fund (GGBZX) and GuideStone Funds Small Cap Equity Fund (GSCYX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GGBZX achieves a 10.82% return, which is significantly lower than GSCYX's 13.67% return. Over the past 10 years, GGBZX has outperformed GSCYX with an annualized return of 11.52%, while GSCYX has yielded a comparatively lower 10.08% annualized return.

GGBZX

• 1D: 0.46%
• 1M: 4.88%
• YTD: 10.82%
• 6M: 11.85%
• 1Y: 25.25%
• 3Y*: 18.88%
• 5Y*: 8.85%
• 10Y*: 11.52%

GSCYX

• 1D: -0.36%
• 1M: 2.27%
• YTD: 13.67%
• 6M: 15.06%
• 1Y: 29.52%
• 3Y*: 14.26%
• 5Y*: 5.45%
• 10Y*: 10.08%

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

GGBZX vs. GSCYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GGBZX GuideStone Funds Aggressive Allocation Fund	10.82%	19.62%	15.45%	20.67%	-19.61%	14.95%	15.47%	26.93%	-10.15%	25.53%
GSCYX GuideStone Funds Small Cap Equity Fund	13.67%	6.03%	10.58%	14.91%	-17.84%	22.04%	20.07%	25.28%	-12.62%	13.12%

Correlation

The correlation between GGBZX and GSCYX is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (10Y) Calculated over the trailing 10-year period	0.84
Correlation (All Time) Calculated using the full available price history since Jan 3, 2002	0.88

The correlation between GGBZX and GSCYX has been stable across timeframes, ranging from 0.83 to 0.88 - a consistent structural relationship.

Return for Risk

GGBZX vs. GSCYX — Risk / Return Rank

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

GGBZX

GGBZX Risk / Return Rank: 49
GGBZX Sharpe Ratio Rank: 50
GGBZX Sortino Ratio Rank: 47
GGBZX Omega Ratio Rank: 48
GGBZX Calmar Ratio Rank: 44
GGBZX Martin Ratio Rank: 55

GSCYX

GSCYX Risk / Return Rank: 39
GSCYX Sharpe Ratio Rank: 34
GSCYX Sortino Ratio Rank: 34
GSCYX Omega Ratio Rank: 31
GSCYX Calmar Ratio Rank: 48
GSCYX Martin Ratio Rank: 47

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.

GGBZX vs. GSCYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GuideStone Funds Aggressive Allocation Fund (GGBZX) and GuideStone Funds Small Cap Equity Fund (GSCYX). 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.

	GGBZX	GSCYX	Difference
Sharpe ratio Return per unit of total volatility	2.08	1.70	+0.38
Sortino ratio Return per unit of downside risk	2.88	2.43	+0.45
Omega ratio Gain probability vs. loss probability	1.38	1.29	+0.08
Calmar ratio Return relative to maximum drawdown	2.57	2.65	-0.08
Martin ratio Return relative to average drawdown	11.18	9.85	+1.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GGBZX vs. GSCYX - Sharpe Ratio Comparison

The current GGBZX Sharpe Ratio is 2.08, which is comparable to the GSCYX Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of GGBZX and GSCYX, 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

	GGBZX	GSCYX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.08	1.70	+0.38
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.58	0.23	+0.34
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.70	0.43	+0.27
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	0.21	+0.20

Drawdowns

GGBZX vs. GSCYX - Drawdown Comparison

The maximum GGBZX drawdown since its inception was -57.68%, smaller than the maximum GSCYX drawdown of -63.53%. Use the drawdown chart below to compare losses from any high point for GGBZX and GSCYX.

Drawdown Indicators

	GGBZX	GSCYX	Difference
Max Drawdown Largest peak-to-trough decline	-57.68%	-63.53%	+5.85%
Max Drawdown (1Y) Largest decline over 1 year	-10.02%	-11.07%	+1.05%
Max Drawdown (3Y) Largest decline over 3 years	-16.21%	-26.51%	+10.30%
Max Drawdown (5Y) Largest decline over 5 years	-28.31%	-33.95%	+5.64%
Max Drawdown (10Y) Largest decline over 10 years	-33.03%	-40.83%	+7.80%
Current Drawdown Current decline from peak	0.00%	-0.87%	+0.87%
Average Drawdown Average peak-to-trough decline	-9.24%	-15.16%	+5.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.30%	2.97%	-0.67%

Volatility

GGBZX vs. GSCYX - Volatility Comparison

The current volatility for GuideStone Funds Aggressive Allocation Fund (GGBZX) is 3.61%, while GuideStone Funds Small Cap Equity Fund (GSCYX) has a volatility of 4.95%. This indicates that GGBZX experiences smaller price fluctuations and is considered to be less risky than GSCYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GGBZX	GSCYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.61%	4.95%	-1.34%
Volatility (6M) Calculated over the trailing 6-month period	9.95%	12.89%	-2.94%
Volatility (1Y) Calculated over the trailing 1-year period	12.56%	17.70%	-5.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.45%	23.51%	-8.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.46%	23.33%	-6.87%

GGBZX vs. GSCYX - Expense Ratio Comparison

GGBZX has a 0.39% expense ratio, which is lower than GSCYX's 0.91% expense ratio.

Dividends

GGBZX vs. GSCYX - Dividend Comparison

GGBZX's dividend yield for the trailing twelve months is around 10.44%, more than GSCYX's 9.94% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GGBZX GuideStone Funds Aggressive Allocation Fund	10.44%	11.57%	3.37%	3.51%	13.16%	7.72%	6.01%	12.14%	3.94%	7.18%	9.55%	27.06%
GSCYX GuideStone Funds Small Cap Equity Fund	9.94%	11.30%	6.14%	2.65%	5.13%	16.30%	1.07%	3.87%	24.79%	7.81%	1.46%	6.08%

Frequently Asked Questions

Can I hold both GGBZX and GSCYX in my portfolio?

GGBZX and GSCYX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GGBZX or GSCYX?

GSCYX has higher volatility (4.95%) compared to GGBZX (3.61%). In terms of maximum drawdown, GGBZX dropped -57.68% vs GSCYX's -63.53%.

Which has better risk-adjusted returns?

GGBZX currently has the higher Sharpe Ratio (2.08 vs 1.70), 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.