GIDGX vs. GSPKX
GIDGX (Goldman Sachs Enhanced Dividend Global Equity Portfolio) and GSPKX (Goldman Sachs U.S. Equity Dividend and Premium Fund) are both mutual funds - GIDGX is a Global Equities fund managed by Goldman Sachs, while GSPKX is a Large Cap Blend Equities fund managed by Goldman Sachs. Over the past 10 years, GIDGX returned 10.87%/yr vs 13.06%/yr for GSPKX. Their correlation of 0.93 suggests significant overlap in exposure. GIDGX charges 0.17%/yr vs 0.71%/yr for GSPKX.
Performance
GIDGX vs. GSPKX - Performance Comparison
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Returns By Period
In the year-to-date period, GIDGX achieves a 11.66% return, which is significantly higher than GSPKX's 10.45% return. Over the past 10 years, GIDGX has underperformed GSPKX with an annualized return of 10.87%, while GSPKX has yielded a comparatively higher 13.06% annualized return.
GIDGX
- 1D
- 0.18%
- 1M
- 4.42%
- YTD
- 11.66%
- 6M
- 12.37%
- 1Y
- 25.28%
- 3Y*
- 19.10%
- 5Y*
- 11.18%
- 10Y*
- 10.87%
GSPKX
- 1D
- 0.10%
- 1M
- 4.77%
- YTD
- 10.45%
- 6M
- 10.93%
- 1Y
- 24.89%
- 3Y*
- 20.93%
- 5Y*
- 13.20%
- 10Y*
- 13.06%
GIDGX vs. GSPKX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GIDGX Goldman Sachs Enhanced Dividend Global Equity Portfolio | 11.66% | 15.74% | 20.59% | 17.92% | -12.75% | 18.46% | 8.41% | 19.97% | -8.26% | 15.18% |
GSPKX Goldman Sachs U.S. Equity Dividend and Premium Fund | 10.45% | 13.60% | 29.55% | 21.39% | -15.20% | 22.79% | 14.15% | 25.11% | -6.29% | 15.32% |
Correlation
The correlation between GIDGX and GSPKX is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.96 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.92 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.91 |
Correlation (All Time) Calculated using the full available price history since Jan 5, 2009 | 0.93 |
The correlation between GIDGX and GSPKX has been stable across timeframes, ranging from 0.91 to 0.96 - a consistent structural relationship.
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Return for Risk
GIDGX vs. GSPKX — Risk / Return Rank
GIDGX
GSPKX
GIDGX vs. GSPKX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Enhanced Dividend Global Equity Portfolio (GIDGX) 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.
| GIDGX | GSPKX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.50 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.62 | 3.27 | +0.35 |
| Martin ratioReturn relative to average drawdown | 17.38 | 16.67 | +0.71 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GIDGX | GSPKX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.68 | 2.61 | +0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.87 | 0.83 | +0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.77 | 0.78 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.69 | 0.54 | +0.14 |
Drawdowns
GIDGX vs. GSPKX - Drawdown Comparison
The maximum GIDGX drawdown since its inception was -31.63%, smaller than the maximum GSPKX drawdown of -51.90%. Use the drawdown chart below to compare losses from any high point for GIDGX and GSPKX.
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Drawdown Indicators
| GIDGX | GSPKX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.63% | -51.90% | +20.27% |
Max Drawdown (1Y)Largest decline over 1 year | -7.14% | -7.83% | +0.69% |
Max Drawdown (3Y)Largest decline over 3 years | -14.69% | -20.51% | +5.82% |
Max Drawdown (5Y)Largest decline over 5 years | -20.39% | -22.34% | +1.95% |
Max Drawdown (10Y)Largest decline over 10 years | -31.63% | -32.70% | +1.07% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -3.87% | -6.00% | +2.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.48% | 1.53% | -0.05% |
Volatility
GIDGX vs. GSPKX - Volatility Comparison
Goldman Sachs Enhanced Dividend Global Equity Portfolio (GIDGX) has a higher volatility of 2.46% compared to Goldman Sachs U.S. Equity Dividend and Premium Fund (GSPKX) at 1.99%. This indicates that GIDGX's price experiences larger fluctuations and is considered to be riskier than GSPKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GIDGX | GSPKX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.46% | 1.99% | +0.47% |
Volatility (6M)Calculated over the trailing 6-month period | 7.64% | 7.75% | -0.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.65% | 9.82% | -0.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.99% | 15.99% | -3.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.16% | 16.90% | -2.74% |
GIDGX vs. GSPKX - Expense Ratio Comparison
GIDGX has a 0.17% expense ratio, which is lower than GSPKX's 0.71% expense ratio.
Dividends
GIDGX vs. GSPKX - Dividend Comparison
GIDGX's dividend yield for the trailing twelve months is around 5.53%, less than GSPKX's 5.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GIDGX Goldman Sachs Enhanced Dividend Global Equity Portfolio | 5.53% | 5.92% | 12.06% | 4.32% | 8.89% | 8.41% | 1.99% | 4.85% | 5.67% | 3.35% | 2.97% | 3.21% |
GSPKX Goldman Sachs U.S. Equity Dividend and Premium Fund | 5.98% | 6.32% | 12.77% | 6.48% | 6.33% | 6.01% | 7.19% | 6.86% | 7.95% | 6.13% | 5.63% | 6.29% |
Frequently Asked Questions
With a correlation of 0.96, GIDGX and GSPKX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
GIDGX has higher volatility (2.46%) compared to GSPKX (1.99%). In terms of maximum drawdown, GIDGX dropped -31.63% vs GSPKX's -51.90%.
GIDGX currently has the higher Sharpe Ratio (2.68 vs 2.61), 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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