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GGINX vs. PAXDX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

GGINX vs. PAXDX

Last updated Apr 2, 2026

Compare and contrast key facts about Goldman Sachs Global Infrastructure Fund (GGINX) and Pax Global Sustainable Infrastructure Fund (PAXDX).

GGINX is managed by Goldman Sachs. It was launched on Jun 26, 2016. PAXDX is managed by Pax World. It was launched on Dec 15, 2016.

Performance

GGINX vs. PAXDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Global Infrastructure Fund (GGINX) and Pax Global Sustainable Infrastructure Fund (PAXDX). The values are adjusted to include any dividend payments, if applicable.

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GGINX vs. PAXDX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
GGINX
Goldman Sachs Global Infrastructure Fund		11.18%15.18%28.43%5.00%-8.51%16.49%-3.81%31.50%-8.99%11.75%
PAXDX
Pax Global Sustainable Infrastructure Fund		5.11%18.37%-1.55%9.33%-13.45%14.24%14.25%25.88%-4.25%18.28%

Returns By Period

In the year-to-date period, GGINX achieves a 11.18% return, which is significantly higher than PAXDX's 5.11% return.

GGINX

1D
0.63%
1M
-3.33%
YTD
11.18%
6M
12.24%
1Y
18.71%
3Y*
19.14%
5Y*
12.03%
10Y*
—

PAXDX

1D
0.00%
1M
0.00%
YTD
5.11%
6M
4.66%
1Y
15.24%
3Y*
8.60%
5Y*
4.01%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Goldman Sachs Global Infrastructure Fund

Pax Global Sustainable Infrastructure Fund

Often compared with GGINX:
GGINX vs. IGFGGINX vs. VOOGGINX vs. CSUIXGGINX vs. JEEIXGGINX vs. GICIXGGINX vs. GSPKXGGINX vs. GCIIX
Often compared with PAXDX:
PAXDX vs. AWTAXPAXDX vs. NMFIXPAXDX vs. FNARXPAXDX vs. BACIXPAXDX vs. ICPAXPAXDX vs. PGJZXPAXDX vs. TORIX

GGINX vs. PAXDX - Expense Ratio Comparison

GGINX has a 1.10% expense ratio, which is higher than PAXDX's 0.83% expense ratio.

GGINX
Goldman Sachs Global Infrastructure Fund
PAXDX
Pax Global Sustainable Infrastructure Fund

Return for Risk

GGINX vs. PAXDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
GGINX
GGINX Risk / Return Rank: 8181
Overall Rank
GGINX Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
GGINX Sortino Ratio Rank: 7676
Sortino Ratio Rank
GGINX Omega Ratio Rank: 7373
Omega Ratio Rank
GGINX Calmar Ratio Rank: 8686
Calmar Ratio Rank
GGINX Martin Ratio Rank: 9090
Martin Ratio Rank
PAXDX
PAXDX Risk / Return Rank: 7676
Overall Rank
PAXDX Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
PAXDX Sortino Ratio Rank: 7272
Sortino Ratio Rank
PAXDX Omega Ratio Rank: 7575
Omega Ratio Rank
PAXDX Calmar Ratio Rank: 7474
Calmar Ratio Rank
PAXDX Martin Ratio Rank: 8585
Martin Ratio Rank
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.

GGINX vs. PAXDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Global Infrastructure Fund (GGINX) and Pax Global Sustainable Infrastructure Fund (PAXDX). 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.

GGINXPAXDXDifference

Sharpe ratio

Return per unit of total volatility

1.54

1.40

+0.14

Sortino ratio

Return per unit of downside risk

2.02

1.95

+0.06

Omega ratio

Gain probability vs. loss probability

1.30

1.31

-0.01

Calmar ratio

Return relative to maximum drawdown

2.35

1.97

+0.38

Martin ratio

Return relative to average drawdown

10.73

9.54

+1.19

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GGINX vs. PAXDX - Sharpe Ratio Comparison

The current GGINX Sharpe Ratio is 1.54, which is comparable to the PAXDX Sharpe Ratio of 1.40. The chart below compares the historical Sharpe Ratios of GGINX and PAXDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

GGINXPAXDXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.54

1.40

+0.14

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.62

0.30

+0.31

Sharpe Ratio (All Time)

Calculated using the full available price history

0.51

0.52

-0.01

Correlation

The correlation between GGINX and PAXDX is 0.73, 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

GGINX vs. PAXDX - Dividend Comparison

GGINX's dividend yield for the trailing twelve months is around 6.03%, more than PAXDX's 2.06% yield.

TTM2025202420232022202120202019201820172016
GGINX
Goldman Sachs Global Infrastructure Fund		6.03%6.26%30.25%2.67%0.89%1.86%1.75%2.04%1.98%2.53%0.00%
PAXDX
Pax Global Sustainable Infrastructure Fund		2.06%2.17%2.07%2.43%2.48%58.94%2.88%4.69%3.55%2.13%0.12%

Drawdowns

GGINX vs. PAXDX - Drawdown Comparison

The maximum GGINX drawdown since its inception was -35.80%, which is greater than PAXDX's maximum drawdown of -33.58%. Use the drawdown chart below to compare losses from any high point for GGINX and PAXDX.

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Drawdown Indicators

GGINXPAXDXDifference

Max Drawdown

Largest peak-to-trough decline

-35.80%

-33.58%

-2.22%

Max Drawdown (1Y)

Largest decline over 1 year

-8.55%

-8.05%

-0.50%

Max Drawdown (5Y)

Largest decline over 5 years

-24.21%

-25.04%

+0.83%

Current Drawdown

Current decline from peak

-3.33%

-0.74%

-2.59%

Average Drawdown

Average peak-to-trough decline

-5.97%

-5.34%

-0.63%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.88%

1.66%

+0.22%

Volatility

GGINX vs. PAXDX - Volatility Comparison

Goldman Sachs Global Infrastructure Fund (GGINX) has a higher volatility of 3.76% compared to Pax Global Sustainable Infrastructure Fund (PAXDX) at 0.00%. This indicates that GGINX's price experiences larger fluctuations and is considered to be riskier than PAXDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

GGINXPAXDXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.76%

0.00%

+3.76%

Volatility (6M)

Calculated over the trailing 6-month period

7.32%

5.36%

+1.96%

Volatility (1Y)

Calculated over the trailing 1-year period

12.82%

11.78%

+1.04%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.61%

13.30%

+6.31%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.09%

16.64%

+2.45%