GHYIX vs. GSPKX
Compare and contrast key facts about Goldman Sachs High Yield Municipal Fund Institutional Class (GHYIX) and Goldman Sachs U.S. Equity Dividend and Premium Fund (GSPKX).
GHYIX is managed by Goldman Sachs. It was launched on Apr 3, 2000. GSPKX is managed by Goldman Sachs. It was launched on Aug 31, 2005.
Performance
GHYIX vs. GSPKX - Performance Comparison
Loading graphics...
GHYIX vs. GSPKX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GHYIX Goldman Sachs High Yield Municipal Fund Institutional Class | -0.69% | 3.92% | 5.74% | 7.34% | -14.79% | 5.79% | 4.96% | 11.47% | 4.97% | 9.33% |
GSPKX Goldman Sachs U.S. Equity Dividend and Premium Fund | -6.00% | 13.60% | 29.55% | 21.39% | -15.20% | 22.79% | 14.15% | 25.11% | -6.29% | 15.32% |
Returns By Period
In the year-to-date period, GHYIX achieves a -0.69% return, which is significantly higher than GSPKX's -6.00% return. Over the past 10 years, GHYIX has underperformed GSPKX with an annualized return of 3.64%, while GSPKX has yielded a comparatively higher 11.41% annualized return.
GHYIX
- 1D
- 0.22%
- 1M
- -2.83%
- YTD
- -0.69%
- 6M
- 0.59%
- 1Y
- 2.17%
- 3Y*
- 4.34%
- 5Y*
- 0.80%
- 10Y*
- 3.64%
GSPKX
- 1D
- -0.35%
- 1M
- -6.83%
- YTD
- -6.00%
- 6M
- -3.01%
- 1Y
- 11.30%
- 3Y*
- 16.25%
- 5Y*
- 10.51%
- 10Y*
- 11.41%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GHYIX vs. GSPKX - Expense Ratio Comparison
GHYIX has a 0.54% expense ratio, which is lower than GSPKX's 0.71% expense ratio.
Return for Risk
GHYIX vs. GSPKX — Risk / Return Rank
GHYIX
GSPKX
GHYIX vs. GSPKX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs High Yield Municipal Fund Institutional Class (GHYIX) and Goldman Sachs U.S. Equity Dividend and Premium Fund (GSPKX). 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.
| GHYIX | GSPKX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.50 | 0.72 | -0.23 |
Sortino ratioReturn per unit of downside risk | 0.70 | 1.15 | -0.45 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.19 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 0.49 | 0.73 | -0.24 |
Martin ratioReturn relative to average drawdown | 1.33 | 3.78 | -2.44 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| GHYIX | GSPKX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.50 | 0.72 | -0.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.15 | 0.66 | -0.51 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | 0.68 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.98 | 0.50 | +0.48 |
Correlation
The correlation between GHYIX and GSPKX is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
GHYIX vs. GSPKX - Dividend Comparison
GHYIX's dividend yield for the trailing twelve months is around 4.71%, less than GSPKX's 7.03% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GHYIX Goldman Sachs High Yield Municipal Fund Institutional Class | 4.71% | 6.12% | 4.38% | 3.56% | 3.04% | 3.06% | 3.44% | 4.03% | 4.12% | 4.36% | 4.81% | 4.88% |
GSPKX Goldman Sachs U.S. Equity Dividend and Premium Fund | 7.03% | 6.32% | 12.77% | 6.48% | 6.33% | 6.01% | 7.19% | 6.86% | 7.95% | 6.13% | 5.63% | 6.29% |
Drawdowns
GHYIX vs. GSPKX - Drawdown Comparison
The maximum GHYIX drawdown since its inception was -35.88%, smaller than the maximum GSPKX drawdown of -51.90%. Use the drawdown chart below to compare losses from any high point for GHYIX and GSPKX.
Loading graphics...
Drawdown Indicators
| GHYIX | GSPKX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.88% | -51.90% | +16.02% |
Max Drawdown (1Y)Largest decline over 1 year | -6.36% | -12.04% | +5.68% |
Max Drawdown (5Y)Largest decline over 5 years | -19.82% | -22.34% | +2.52% |
Max Drawdown (10Y)Largest decline over 10 years | -19.82% | -32.70% | +12.88% |
Current DrawdownCurrent decline from peak | -2.83% | -7.83% | +5.00% |
Average DrawdownAverage peak-to-trough decline | -4.63% | -6.04% | +1.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.31% | 2.44% | -0.13% |
Volatility
GHYIX vs. GSPKX - Volatility Comparison
The current volatility for Goldman Sachs High Yield Municipal Fund Institutional Class (GHYIX) is 1.21%, while Goldman Sachs U.S. Equity Dividend and Premium Fund (GSPKX) has a volatility of 3.95%. This indicates that GHYIX experiences smaller price fluctuations and is considered to be less risky than GSPKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| GHYIX | GSPKX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.21% | 3.95% | -2.74% |
Volatility (6M)Calculated over the trailing 6-month period | 2.07% | 7.66% | -5.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.51% | 16.71% | -10.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.30% | 15.95% | -10.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.37% | 16.88% | -11.51% |