GICIX vs. GLEIX
GICIX (Goldman Sachs International Small Cap Insights Fund) and GLEIX (Goldman Sachs Energy Infrastructure Fund) are both mutual funds - GICIX is a Foreign Small & Mid Cap Equities fund managed by Goldman Sachs, while GLEIX is a Energy Equities fund managed by Goldman Sachs. Over the past 5 years, GICIX returned 9.54%/yr vs 23.23%/yr for GLEIX. At a 0.47 correlation, their price movements are largely independent. GICIX charges 0.87%/yr vs 1.23%/yr for GLEIX.
Performance
GICIX vs. GLEIX - Performance Comparison
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Returns By Period
In the year-to-date period, GICIX achieves a 11.87% return, which is significantly lower than GLEIX's 23.92% return.
GICIX
- 1D
- -2.37%
- 1M
- -1.15%
- YTD
- 11.87%
- 6M
- 11.11%
- 1Y
- 30.42%
- 3Y*
- 23.01%
- 5Y*
- 9.54%
- 10Y*
- 10.56%
GLEIX
- 1D
- 1.45%
- 1M
- -4.16%
- YTD
- 23.92%
- 6M
- 24.21%
- 1Y
- 26.76%
- 3Y*
- 33.51%
- 5Y*
- 23.23%
- 10Y*
- —
GICIX vs. GLEIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GICIX Goldman Sachs International Small Cap Insights Fund | 11.87% | 42.83% | 5.57% | 15.11% | -18.53% | 13.03% | 7.69% | 21.59% | -18.80% | 4.12% |
GLEIX Goldman Sachs Energy Infrastructure Fund | 23.92% | 5.30% | 58.18% | 15.08% | 18.96% | 38.31% | -17.46% | 16.95% | -15.17% | 6.98% |
Correlation
The correlation between GICIX and GLEIX is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Oct 23, 2017 | 0.47 |
Over the past year, the correlation between GICIX and GLEIX has dropped to 0.01 - well below their long-term average of 0.47, suggesting their price drivers have been diverging.
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Return for Risk
GICIX vs. GLEIX — Risk / Return Rank
GICIX
GLEIX
GICIX vs. GLEIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs International Small Cap Insights Fund (GICIX) and Goldman Sachs Energy Infrastructure Fund (GLEIX). 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.
| GICIX | GLEIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.12 | ||
| Sortino ratioReturn per unit of downside risk | +0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.32 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.39 | 3.84 | -1.46 |
| Martin ratioReturn relative to average drawdown | 8.84 | 9.03 | -0.19 |
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Drawdowns
GICIX vs. GLEIX - Drawdown Comparison
The maximum GICIX drawdown since its inception was -56.71%, roughly equal to the maximum GLEIX drawdown of -59.27%. Use the drawdown chart below to compare losses from any high point for GICIX and GLEIX.
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Drawdown Indicators
| GICIX | GLEIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.71% | -59.27% | +2.56% |
Max Drawdown (1Y)Largest decline over 1 year | -13.39% | -7.29% | -6.10% |
Max Drawdown (3Y)Largest decline over 3 years | -13.39% | -17.07% | +3.68% |
Max Drawdown (5Y)Largest decline over 5 years | -34.53% | -21.89% | -12.64% |
Max Drawdown (10Y)Largest decline over 10 years | -43.84% | — | — |
Current DrawdownCurrent decline from peak | -3.21% | -4.45% | +1.24% |
Average DrawdownAverage peak-to-trough decline | -10.91% | -8.51% | -2.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.60% | 3.09% | +0.51% |
Volatility
GICIX vs. GLEIX - Volatility Comparison
Goldman Sachs International Small Cap Insights Fund (GICIX) and Goldman Sachs Energy Infrastructure Fund (GLEIX) have volatilities of 5.47% and 5.56%, 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
| GICIX | GLEIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.47% | 5.56% | -0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 13.39% | 11.33% | +2.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.78% | 14.76% | +1.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.63% | 20.58% | -3.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.61% | 25.42% | -8.81% |
GICIX vs. GLEIX - Expense Ratio Comparison
GICIX has a 0.87% expense ratio, which is lower than GLEIX's 1.23% expense ratio.
Dividends
GICIX vs. GLEIX - Dividend Comparison
GICIX's dividend yield for the trailing twelve months is around 7.23%, less than GLEIX's 8.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GICIX Goldman Sachs International Small Cap Insights Fund | 7.23% | 8.08% | 4.77% | 3.04% | 3.10% | 3.39% | 1.87% | 3.47% | 1.68% | 8.29% | 2.79% | 1.69% |
GLEIX Goldman Sachs Energy Infrastructure Fund | 8.07% | 10.00% | 25.43% | 10.22% | 4.70% | 8.41% | 4.17% | 4.83% | 3.54% | 0.68% | 0.00% | 0.00% |
Frequently Asked Questions
GICIX and GLEIX have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GLEIX has higher volatility (5.56%) compared to GICIX (5.47%). In terms of maximum drawdown, GICIX dropped -56.71% vs GLEIX's -59.27%.
GICIX currently has the higher Sharpe Ratio (2.02 vs 1.90), 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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