GHYIX vs. STMYX
GHYIX (Goldman Sachs High Yield Municipal Fund Institutional Class) and STMYX (Ocean Park Tactical Municipal Fund) are both High Yield Muni funds. Over the past 5 years, GHYIX returned 0.29%/yr vs 0.39%/yr for STMYX. Their 0.74 correlation means they have sometimes moved together and sometimes differently. GHYIX charges 0.54%/yr vs 0.92%/yr for STMYX.
Performance
GHYIX vs. STMYX - Performance Comparison
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Returns By Period
In the year-to-date period, GHYIX achieves a 1.18% return, which is significantly higher than STMYX's 0.80% return.
GHYIX
- 1D
- -0.22%
- 1M
- -2.40%
- 6M
- 0.45%
- YTD
- 1.18%
- 1Y
- 6.37%
- 3Y*
- 4.56%
- 5Y*
- 0.29%
- 10Y*
- 3.32%
- ALL TIME*
- 4.41%
STMYX
- 1D
- -0.17%
- 1M
- -1.85%
- 6M
- 0.14%
- YTD
- 0.80%
- 1Y
- 4.96%
- 3Y*
- 2.06%
- 5Y*
- 0.39%
- 10Y*
- —
- ALL TIME*
- 2.39%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
GHYIX vs. STMYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
GHYIX Goldman Sachs High Yield Municipal Fund Institutional Class | 1.18% | 3.92% | 5.74% | 7.34% | -14.79% | 5.79% | 4.96% | 11.35% |
STMYX Ocean Park Tactical Municipal Fund | 0.80% | -1.09% | 2.00% | 4.29% | -2.93% | 3.35% | 4.35% | 7.73% |
Correlation
The correlation between GHYIX and STMYX is 0.86, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.86 |
Correlation (3Y) Balances recent behavior with more history. | 0.83 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.75 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2019 | 0.74 |
The correlation between GHYIX and STMYX shifts across timeframes, from 0.74 (all time) to 0.86 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
GHYIX vs. STMYX — Risk / Return Rank
GHYIX
STMYX
GHYIX vs. STMYX - 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 Ocean Park Tactical Municipal Fund (STMYX). 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.
| GHYIX | STMYX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | +0.33 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.45 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.27 | 2.09 | +0.17 |
| Martin ratioReturn relative to average drawdown | 8.07 | 6.94 | +1.13 |
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Drawdowns
GHYIX vs. STMYX - Drawdown Comparison
The maximum GHYIX drawdown since its inception was -35.88%, which is greater than STMYX's maximum drawdown of -9.71%. Use the drawdown chart below to compare losses from any high point for GHYIX and STMYX.
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Drawdown Indicators
| GHYIX | STMYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.88% | -9.71% | -26.17% |
Max Drawdown (1Y)Largest decline over 1 year | -3.05% | -2.55% | -0.50% |
Max Drawdown (3Y)Largest decline over 3 years | -7.56% | -7.74% | +0.18% |
Max Drawdown (5Y)Largest decline over 5 years | -19.75% | -8.59% | -11.16% |
Max Drawdown (10Y)Largest decline over 10 years | -19.82% | — | — |
Current DrawdownCurrent decline from peak | -2.40% | -2.20% | -0.20% |
Average DrawdownAverage peak-to-trough decline | -4.58% | -3.11% | -1.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.85% | 0.76% | +0.09% |
Volatility
GHYIX vs. STMYX - Volatility Comparison
Goldman Sachs High Yield Municipal Fund Institutional Class (GHYIX) and Ocean Park Tactical Municipal Fund (STMYX) have volatilities of 1.02% and 1.01%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GHYIX | STMYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.02% | 1.01% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 2.67% | 2.17% | +0.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.47% | 2.65% | +0.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.37% | 3.91% | +1.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.40% | 3.69% | +1.71% |
GHYIX vs. STMYX - Expense Ratio Comparison
GHYIX has a 0.54% expense ratio, which is lower than STMYX's 0.92% expense ratio.
Dividends
GHYIX vs. STMYX - Dividend Comparison
GHYIX's dividend yield for the trailing twelve months is around 4.29%, more than STMYX's 3.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GHYIX Goldman Sachs High Yield Municipal Fund Institutional Class | 4.29% | 6.12% | 4.38% | 3.56% | 3.04% | 3.06% | 3.44% | 4.03% | 4.12% | 4.36% | 4.81% | 4.88% |
STMYX Ocean Park Tactical Municipal Fund | 3.63% | 3.44% | 3.03% | 2.46% | 1.13% | 4.78% | 2.47% | 2.67% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GHYIX and STMYX have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GHYIX has higher volatility (1.02%) compared to STMYX (1.01%). In terms of maximum drawdown, GHYIX dropped -35.88% vs STMYX's -9.71%.
STMYX currently has the higher Sharpe Ratio (2.02 vs 2.02), 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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