GICIX vs. SPY
Compare and contrast key facts about Goldman Sachs International Small Cap Insights Fund (GICIX) and SPDR S&P 500 ETF (SPY).
GICIX is managed by Goldman Sachs. It was launched on Sep 27, 2007. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GICIX or SPY.
Key characteristics
| GICIX | SPY | |
|---|---|---|
| YTD Return | 8.46% | 27.16% |
| 1Y Return | 20.96% | 37.73% |
| 3Y Return (Ann) | 0.05% | 10.28% |
| 5Y Return (Ann) | 5.37% | 15.97% |
| 10Y Return (Ann) | 5.52% | 13.38% |
| Sharpe Ratio | 1.55 | 3.25 |
| Sortino Ratio | 2.18 | 4.32 |
| Omega Ratio | 1.27 | 1.61 |
| Calmar Ratio | 1.05 | 4.74 |
| Martin Ratio | 8.45 | 21.51 |
| Ulcer Index | 2.58% | 1.85% |
| Daily Std Dev | 14.09% | 12.20% |
| Max Drawdown | -61.70% | -55.19% |
| Current Drawdown | -6.52% | 0.00% |
Correlation
The correlation between GICIX and SPY is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
GICIX vs. SPY - Performance Comparison
In the year-to-date period, GICIX achieves a 8.46% return, which is significantly lower than SPY's 27.16% return. Over the past 10 years, GICIX has underperformed SPY with an annualized return of 5.52%, while SPY has yielded a comparatively higher 13.38% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GICIX vs. SPY - Expense Ratio Comparison
GICIX has a 0.87% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
GICIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs International Small Cap Insights Fund (GICIX) and SPDR S&P 500 ETF (SPY). 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.
Dividends
GICIX vs. SPY - Dividend Comparison
GICIX's dividend yield for the trailing twelve months is around 2.80%, more than SPY's 1.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GICIX Goldman Sachs International Small Cap Insights Fund | 2.80% | 3.04% | 3.10% | 3.39% | 1.87% | 3.47% | 1.69% | 1.77% | 2.79% | 1.68% | 2.10% | 3.25% |
SPY SPDR S&P 500 ETF | 1.17% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
GICIX vs. SPY - Drawdown Comparison
The maximum GICIX drawdown since its inception was -61.70%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GICIX and SPY. For additional features, visit the drawdowns tool.
Volatility
GICIX vs. SPY - Volatility Comparison
The current volatility for Goldman Sachs International Small Cap Insights Fund (GICIX) is 3.57%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.92%. This indicates that GICIX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.