GGINX vs. SVPFX

Last updated Jun 26, 2026

GGINX (Goldman Sachs Global Infrastructure Fund) and SVPFX (Goldman Sachs Strategic Volatility Premium Fund) are both mutual funds - GGINX is a Energy Equities fund managed by Goldman Sachs, while SVPFX is a Large Cap Blend Equities fund managed by Goldman Sachs. Over the past 5 years, GGINX returned 10.62%/yr vs 2.19%/yr for SVPFX. At a 0.23 correlation, their price movements are largely independent. GGINX charges 1.10%/yr vs 0.38%/yr for SVPFX.

Performance

GGINX vs. SVPFX - Performance Comparison

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

Returns By Period

In the year-to-date period, GGINX achieves a 11.73% return, which is significantly higher than SVPFX's 1.79% return.

GGINX

• 1D: 0.00%
• 1M: -1.37%
• YTD: 11.73%
• 6M: 12.07%
• 1Y: 16.13%
• 3Y*: 20.68%
• 5Y*: 10.62%
• 10Y*: —

SVPFX

• 1D: 0.20%
• 1M: 0.51%
• YTD: 1.79%
• 6M: 1.90%
• 1Y: 4.42%
• 3Y*: 4.62%
• 5Y*: 2.19%
• 10Y*: —

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

GGINX vs. SVPFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
GGINX Goldman Sachs Global Infrastructure Fund	11.73%	15.18%	28.43%	5.00%	-8.51%	10.82%
SVPFX Goldman Sachs Strategic Volatility Premium Fund	1.79%	4.19%	3.82%	5.30%	-4.37%	0.78%

Correlation

The correlation between GGINX and SVPFX is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.13
Correlation (3Y) Calculated over the trailing 3-year period	0.23
Correlation (5Y) Calculated over the trailing 5-year period	0.22
Correlation (All Time) Calculated using the full available price history since Apr 7, 2021	0.23

The correlation between GGINX and SVPFX shifts across timeframes, from 0.13 (1 year) to 0.23 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

GGINX vs. SVPFX — Risk / Return Rank

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

GGINX

GGINX Risk / Return Rank: 43
GGINX Sharpe Ratio Rank: 36
GGINX Sortino Ratio Rank: 35
GGINX Omega Ratio Rank: 33
GGINX Calmar Ratio Rank: 70
GGINX Martin Ratio Rank: 42

SVPFX

SVPFX Risk / Return Rank: 73
SVPFX Sharpe Ratio Rank: 66
SVPFX Sortino Ratio Rank: 63
SVPFX Omega Ratio Rank: 80
SVPFX Calmar Ratio Rank: 84
SVPFX Martin Ratio Rank: 73

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. SVPFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Global Infrastructure Fund (GGINX) and Goldman Sachs Strategic Volatility Premium Fund (SVPFX). 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.

	GGINX	SVPFX	Difference
Sharpe ratio: Return per unit of total volatility	1.43	1.95	-0.52
Sortino ratio: Return per unit of downside risk	2.06	2.73	-0.67
Omega ratio: Gain probability vs. loss probability	1.25	1.44	-0.19
Calmar ratio: Return relative to maximum drawdown	2.77	3.48	-0.71
Martin ratio: Return relative to average drawdown	7.75	11.68	-3.93

GGINX vs. SVPFX - Sharpe Ratio Comparison

The current GGINX Sharpe Ratio is 1.43, which is comparable to the SVPFX Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of GGINX and SVPFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GGINX vs. SVPFX - Drawdown Comparison

The maximum GGINX drawdown since its inception was -35.80%, which is greater than SVPFX's maximum drawdown of -6.37%. Use the drawdown chart below to compare losses from any high point for GGINX and SVPFX.

Drawdown Indicators

	GGINX	SVPFX	Difference
Max Drawdown Largest peak-to-trough decline	-35.80%	-6.37%	-29.43%
Max Drawdown (1Y) Largest decline over 1 year	-5.59%	-1.33%	-4.26%
Max Drawdown (3Y) Largest decline over 3 years	-15.39%	-5.32%	-10.07%
Max Drawdown (5Y) Largest decline over 5 years	-24.21%	-6.37%	-17.84%
Current Drawdown Current decline from peak	-2.86%	-0.00%	-2.86%
Average Drawdown Average peak-to-trough decline	-5.88%	-1.91%	-3.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.99%	0.39%	+1.60%

Volatility

GGINX vs. SVPFX - Volatility Comparison

Goldman Sachs Global Infrastructure Fund (GGINX) has a higher volatility of 3.59% compared to Goldman Sachs Strategic Volatility Premium Fund (SVPFX) at 1.02%. This indicates that GGINX's price experiences larger fluctuations and is considered to be riskier than SVPFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GGINX	SVPFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.59%	1.02%	+2.57%
Volatility (6M) Calculated over the trailing 6-month period	8.74%	1.72%	+7.02%
Volatility (1Y) Calculated over the trailing 1-year period	10.84%	2.39%	+8.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.72%	5.61%	+14.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.96%	5.49%	+13.47%

GGINX vs. SVPFX - Expense Ratio Comparison

GGINX has a 1.10% expense ratio, which is higher than SVPFX's 0.38% expense ratio.

Dividends

GGINX vs. SVPFX - Dividend Comparison

GGINX's dividend yield for the trailing twelve months is around 6.00%, more than SVPFX's 2.46% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
GGINX Goldman Sachs Global Infrastructure Fund	6.00%	6.26%	30.25%	2.67%	0.89%	1.86%	1.75%	2.04%	1.98%	2.53%
SVPFX Goldman Sachs Strategic Volatility Premium Fund	2.46%	1.83%	4.37%	4.29%	0.76%	0.38%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GGINX and SVPFX in my portfolio?

GGINX and SVPFX have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GGINX or SVPFX?

GGINX has higher volatility (3.59%) compared to SVPFX (1.02%). In terms of maximum drawdown, GGINX dropped -35.80% vs SVPFX's -6.37%.

Which has better risk-adjusted returns?

SVPFX currently has the higher Sharpe Ratio (1.95 vs 1.43), 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.