GGSIX vs. GSDUX
GGSIX (Goldman Sachs Growth Strategy Portfolio) and GSDUX (Goldman Sachs Short Duration Tax-Free Fund) are both mutual funds - GGSIX is a Global Allocation fund managed by Goldman Sachs, while GSDUX is a Municipal Bonds fund managed by Goldman Sachs. Over the past 10 years, GGSIX returned 11.71%/yr vs 1.88%/yr for GSDUX. At a correlation of -0.01, they often move in opposite directions. GGSIX charges 0.19%/yr vs 0.39%/yr for GSDUX.
Performance
GGSIX vs. GSDUX - Performance Comparison
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Returns By Period
In the year-to-date period, GGSIX achieves a 10.03% return, which is significantly higher than GSDUX's 1.20% return. Over the past 10 years, GGSIX has outperformed GSDUX with an annualized return of 11.71%, while GSDUX has yielded a comparatively lower 1.88% annualized return.
GGSIX
- 1D
- -0.09%
- 1M
- 1.69%
- YTD
- 10.03%
- 6M
- 9.50%
- 1Y
- 24.63%
- 3Y*
- 19.25%
- 5Y*
- 10.11%
- 10Y*
- 11.71%
GSDUX
- 1D
- 0.00%
- 1M
- 0.65%
- YTD
- 1.20%
- 6M
- 1.46%
- 1Y
- 3.93%
- 3Y*
- 3.82%
- 5Y*
- 1.70%
- 10Y*
- 1.88%
GGSIX vs. GSDUX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GGSIX Goldman Sachs Growth Strategy Portfolio | 10.03% | 19.29% | 19.26% | 17.83% | -16.86% | 17.04% | 14.34% | 24.92% | -10.65% | 21.54% |
GSDUX Goldman Sachs Short Duration Tax-Free Fund | 1.20% | 5.14% | 2.89% | 3.43% | -3.82% | 0.33% | 2.43% | 3.82% | 2.47% | 1.79% |
Correlation
The correlation between GGSIX and GSDUX is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 1998 | -0.01 |
The correlation between GGSIX and GSDUX shifts across timeframes, from -0.01 (all time) to 0.24 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
GGSIX vs. GSDUX — Risk / Return Rank
GGSIX
GSDUX
GGSIX vs. GSDUX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Growth Strategy Portfolio (GGSIX) and Goldman Sachs Short Duration Tax-Free Fund (GSDUX). 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 | GSDUX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.81 | ||
| Sortino ratioReturn per unit of downside risk | -3.03 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 2.06 | -0.65 |
| Calmar ratioReturn relative to maximum drawdown | 2.98 | 3.21 | -0.23 |
| Martin ratioReturn relative to average drawdown | 12.98 | 11.89 | +1.09 |
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Drawdowns
GGSIX vs. GSDUX - Drawdown Comparison
The maximum GGSIX drawdown since its inception was -52.85%, which is greater than GSDUX's maximum drawdown of -6.39%. Use the drawdown chart below to compare losses from any high point for GGSIX and GSDUX.
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Drawdown Indicators
| GGSIX | GSDUX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.85% | -6.39% | -46.46% |
Max Drawdown (1Y)Largest decline over 1 year | -8.71% | -1.24% | -7.47% |
Max Drawdown (3Y)Largest decline over 3 years | -14.78% | -1.73% | -13.05% |
Max Drawdown (5Y)Largest decline over 5 years | -26.74% | -6.39% | -20.35% |
Max Drawdown (10Y)Largest decline over 10 years | -30.36% | -6.39% | -23.97% |
Current DrawdownCurrent decline from peak | -0.40% | -0.07% | -0.33% |
Average DrawdownAverage peak-to-trough decline | -9.19% | -0.85% | -8.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.99% | 0.33% | +1.66% |
Volatility
GGSIX vs. GSDUX - Volatility Comparison
Goldman Sachs Growth Strategy Portfolio (GGSIX) has a higher volatility of 4.56% compared to Goldman Sachs Short Duration Tax-Free Fund (GSDUX) at 0.43%. This indicates that GGSIX's price experiences larger fluctuations and is considered to be riskier than GSDUX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GGSIX | GSDUX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.56% | 0.43% | +4.13% |
Volatility (6M)Calculated over the trailing 6-month period | 9.58% | 0.98% | +8.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.61% | 1.30% | +10.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.53% | 1.74% | +11.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.37% | 1.70% | +12.67% |
GGSIX vs. GSDUX - Expense Ratio Comparison
GGSIX has a 0.19% expense ratio, which is lower than GSDUX's 0.39% expense ratio.
Dividends
GGSIX vs. GSDUX - Dividend Comparison
GGSIX's dividend yield for the trailing twelve months is around 10.79%, more than GSDUX's 3.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GGSIX Goldman Sachs Growth Strategy Portfolio | 10.79% | 11.87% | 12.21% | 1.73% | 5.76% | 6.57% | 3.47% | 5.77% | 3.02% | 2.77% | 1.35% | 2.03% |
GSDUX Goldman Sachs Short Duration Tax-Free Fund | 3.08% | 4.02% | 3.04% | 2.28% | 1.15% | 0.98% | 1.46% | 1.95% | 1.67% | 1.40% | 1.32% | 1.20% |
Frequently Asked Questions
GGSIX and GSDUX have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GGSIX has higher volatility (4.56%) compared to GSDUX (0.43%). In terms of maximum drawdown, GGSIX dropped -52.85% vs GSDUX's -6.39%.
GSDUX currently has the higher Sharpe Ratio (3.06 vs 2.24), 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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