GGSIX vs. GGINX

Last updated Jul 17, 2026

GGSIX (Goldman Sachs Growth Strategy Portfolio) and GGINX (Goldman Sachs Global Infrastructure Fund) are both mutual funds - GGSIX is a Global Allocation fund managed by Goldman Sachs, while GGINX is a Energy Equities fund managed by Goldman Sachs. Over the past 5 years, GGSIX returned 9.88%/yr vs 10.69%/yr for GGINX. A 0.62 correlation means they provide meaningful diversification when combined. GGSIX charges 0.19%/yr vs 1.10%/yr for GGINX.

Performance

GGSIX vs. GGINX - Performance Comparison

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

Returns By Period

In the year-to-date period, GGSIX achieves a 9.74% return, which is significantly lower than GGINX's 11.80% return.

GGSIX

• 1D: 0.36%
• 1M: -0.05%
• 6M: 7.30%
• YTD: 9.74%
• 1Y: 21.02%
• 3Y*: 17.87%
• 5Y*: 9.88%
• 10Y*: 11.10%

GGINX

• 1D: -0.49%
• 1M: -0.15%
• 6M: 11.28%
• YTD: 11.80%
• 1Y: 16.39%
• 3Y*: 19.15%
• 5Y*: 10.69%
• 10Y*: —

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

GGSIX vs. GGINX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GGSIX Goldman Sachs Growth Strategy Portfolio	9.74%	19.29%	19.26%	17.83%	-16.86%	17.04%	14.34%	24.92%	-10.65%	21.54%
GGINX Goldman Sachs Global Infrastructure Fund	11.80%	15.18%	28.43%	5.00%	-8.51%	16.49%	-3.81%	31.50%	-8.99%	11.75%

Correlation

The correlation between GGSIX and GGINX is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (3Y) Calculated over the trailing 3-year period	0.38
Correlation (5Y) Calculated over the trailing 5-year period	0.57
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017	0.63

Over the past year, the correlation between GGSIX and GGINX has dropped to 0.12 - well below their long-term average of 0.62, suggesting their price drivers have been diverging.

Return for Risk

GGSIX vs. GGINX — Risk / Return Rank

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

GGSIX

GGSIX Risk / Return Rank: 67
GGSIX Sharpe Ratio Rank: 68
GGSIX Sortino Ratio Rank: 65
GGSIX Omega Ratio Rank: 67
GGSIX Calmar Ratio Rank: 64
GGSIX Martin Ratio Rank: 73

GGINX

GGINX Risk / Return Rank: 51
GGINX Sharpe Ratio Rank: 44
GGINX Sortino Ratio Rank: 44
GGINX Omega Ratio Rank: 40
GGINX Calmar Ratio Rank: 81
GGINX Martin Ratio Rank: 48

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.

GGSIX vs. GGINX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Growth Strategy Portfolio (GGSIX) and Goldman Sachs Global Infrastructure Fund (GGINX). 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.

	GGSIX	GGINX	Difference
Sharpe ratio: Return per unit of total volatility	1.85	1.53	+0.32
Sortino ratio: Return per unit of downside risk	2.55	2.19	+0.37
Omega ratio: Gain probability vs. loss probability	1.34	1.26	+0.08
Calmar ratio: Return relative to maximum drawdown	2.49	3.02	-0.53
Martin ratio: Return relative to average drawdown	10.71	8.10	+2.61

GGSIX vs. GGINX - Sharpe Ratio Comparison

The current GGSIX Sharpe Ratio is 1.85, which is comparable to the GGINX Sharpe Ratio of 1.53. The chart below compares the historical Sharpe Ratios of GGSIX and GGINX, 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

GGSIX vs. GGINX - Drawdown Comparison

The maximum GGSIX drawdown since its inception was -52.85%, which is greater than GGINX's maximum drawdown of -35.80%. Use the drawdown chart below to compare losses from any high point for GGSIX and GGINX.

Drawdown Indicators

	GGSIX	GGINX	Difference
Max Drawdown Largest peak-to-trough decline	-52.85%	-35.80%	-17.05%
Max Drawdown (1Y) Largest decline over 1 year	-8.71%	-5.59%	-3.12%
Max Drawdown (3Y) Largest decline over 3 years	-14.78%	-15.39%	+0.61%
Max Drawdown (5Y) Largest decline over 5 years	-26.74%	-24.21%	-2.53%
Max Drawdown (10Y) Largest decline over 10 years	-30.36%	—	—
Current Drawdown Current decline from peak	-0.67%	-2.80%	+2.13%
Average Drawdown Average peak-to-trough decline	-9.17%	-5.87%	-3.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.02%	2.08%	-0.06%

Volatility

GGSIX vs. GGINX - Volatility Comparison

The current volatility for Goldman Sachs Growth Strategy Portfolio (GGSIX) is 3.54%, while Goldman Sachs Global Infrastructure Fund (GGINX) has a volatility of 3.75%. This indicates that GGSIX experiences smaller price fluctuations and is considered to be less risky than GGINX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GGSIX	GGINX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.54%	3.75%	-0.21%
Volatility (6M) Calculated over the trailing 6-month period	9.79%	9.14%	+0.65%
Volatility (1Y) Calculated over the trailing 1-year period	11.75%	11.09%	+0.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.56%	19.75%	-6.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.28%	18.93%	-4.65%

GGSIX vs. GGINX - Expense Ratio Comparison

GGSIX has a 0.19% expense ratio, which is lower than GGINX's 1.10% expense ratio.

Dividends

GGSIX vs. GGINX - Dividend Comparison

GGSIX's dividend yield for the trailing twelve months is around 10.82%, more than GGINX's 6.12% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GGINX Goldman Sachs Global Infrastructure Fund	6.12%	6.26%	30.25%	2.67%	0.89%	1.86%	1.75%	2.04%	1.98%	2.53%	0.00%	0.00%
GGSIX Goldman Sachs Growth Strategy Portfolio	10.82%	11.87%	12.21%	1.73%	5.76%	6.57%	3.47%	5.77%	3.02%	2.77%	1.35%	2.03%

Frequently Asked Questions

Can I hold both GGSIX and GGINX in my portfolio?

GGSIX and GGINX have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GGSIX or GGINX?

GGINX has higher volatility (3.75%) compared to GGSIX (3.54%). In terms of maximum drawdown, GGSIX dropped -52.85% vs GGINX's -35.80%.

Which has better risk-adjusted returns?

GGSIX currently has the higher Sharpe Ratio (1.85 vs 1.53), 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.