GIDGX vs. GSRAX

Last updated Aug 4, 2026

GIDGX (Goldman Sachs Enhanced Dividend Global Equity Portfolio) and GSRAX (Goldman Sachs Rising Dividend Growth Fund) are both mutual funds - GIDGX is a Global Equities fund managed by Goldman Sachs, while GSRAX is a Large Cap Blend Equities fund managed by Goldman Sachs. Over the past 10 years, GIDGX returned 10.65%/yr vs 12.59%/yr for GSRAX. Their correlation of 0.89 means they have usually moved in the same direction. GIDGX charges 0.17%/yr vs 1.03%/yr for GSRAX.

Performance

GIDGX vs. GSRAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Enhanced Dividend Global Equity Portfolio (GIDGX) and Goldman Sachs Rising Dividend Growth Fund (GSRAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GIDGX achieves a 11.75% return, which is significantly lower than GSRAX's 12.70% return. Over the past 10 years, GIDGX has underperformed GSRAX with an annualized return of 10.65%, while GSRAX has yielded a comparatively higher 12.59% annualized return.

GIDGX

• 1D: 0.37%
• 1M: 0.12%
• 6M: 8.39%
• YTD: 11.75%
• 1Y: 21.97%
• 3Y*: 17.40%
• 5Y*: 10.89%
• 10Y*: 10.65%
• ALL TIME*: 10.25%

GSRAX

• 1D: 0.42%
• 1M: 1.02%
• 6M: 8.11%
• YTD: 12.70%
• 1Y: 16.88%
• 3Y*: 16.73%
• 5Y*: 12.04%
• 10Y*: 12.59%
• ALL TIME*: 8.94%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GIDGX Goldman Sachs Enhanced Dividend Global Equity Portfolio	$0.00	$0.00	$0.00
GSRAX Goldman Sachs Rising Dividend Growth Fund	$0.00	$0.00	$0.00

GIDGX vs. GSRAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GIDGX Goldman Sachs Enhanced Dividend Global Equity Portfolio	11.75%	15.74%	20.59%	17.92%	-12.75%	18.46%	8.41%	19.97%	-8.26%	15.18%
GSRAX Goldman Sachs Rising Dividend Growth Fund	12.70%	6.66%	26.07%	17.49%	-7.78%	31.47%	8.75%	25.63%	-6.65%	17.59%

Correlation

The correlation between GIDGX and GSRAX is 0.79, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.79
Correlation (3Y) Balances recent behavior with more history.	0.84
Correlation (5Y) Shows whether the relationship held over a longer period.	0.88
Correlation (10Y) Provides a long-term view across more market conditions.	0.88
Correlation (All Time) Calculated using the full available price history since Jan 2, 2009	0.89

The correlation between GIDGX and GSRAX shifts across timeframes, from 0.79 (1 year) to 0.89 (all time), reflecting how their relationship changes across market environments.

Return for Risk

GIDGX vs. GSRAX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GIDGX

GIDGX Risk / Return Rank: 82
GIDGX Sharpe Ratio Rank: 80
GIDGX Sortino Ratio Rank: 78
GIDGX Omega Ratio Rank: 78
GIDGX Calmar Ratio Rank: 82
GIDGX Martin Ratio Rank: 91

GSRAX

GSRAX Risk / Return Rank: 48
GSRAX Sharpe Ratio Rank: 43
GSRAX Sortino Ratio Rank: 42
GSRAX Omega Ratio Rank: 39
GSRAX Calmar Ratio Rank: 59
GSRAX Martin Ratio Rank: 57

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GIDGX vs. GSRAX - 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 Rising Dividend Growth Fund (GSRAX). 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.

	GIDGX	GSRAX	Difference
Sharpe ratio: Return per unit of total volatility	1.95	1.35	+0.60
Sortino ratio: Return per unit of downside risk	2.76	1.94	+0.82
Omega ratio: Gain probability vs. loss probability	1.36	1.24	+0.13
Calmar ratio: Return relative to maximum drawdown	2.87	2.19	+0.68
Martin ratio: Return relative to average drawdown	13.36	8.15	+5.21

GIDGX vs. GSRAX - Sharpe Ratio Comparison

The current GIDGX Sharpe Ratio is 1.95, which is higher than the GSRAX Sharpe Ratio of 1.35. The chart below compares the historical Sharpe Ratios of GIDGX and GSRAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GIDGX vs. GSRAX - Drawdown Comparison

The maximum GIDGX drawdown since its inception was -31.63%, smaller than the maximum GSRAX drawdown of -44.40%. Use the drawdown chart below to compare losses from any high point for GIDGX and GSRAX.

Drawdown Indicators

	GIDGX	GSRAX	Difference
Max Drawdown Largest peak-to-trough decline	-31.63%	-44.40%	+12.77%
Max Drawdown (1Y) Largest decline over 1 year	-7.14%	-7.32%	+0.18%
Max Drawdown (3Y) Largest decline over 3 years	-14.69%	-25.43%	+10.74%
Max Drawdown (5Y) Largest decline over 5 years	-20.39%	-25.43%	+5.04%
Max Drawdown (10Y) Largest decline over 10 years	-31.63%	-38.97%	+7.34%
Current Drawdown Current decline from peak	-0.54%	-0.34%	-0.20%
Average Drawdown Average peak-to-trough decline	-3.84%	-6.03%	+2.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.53%	1.96%	-0.43%

Volatility

GIDGX vs. GSRAX - Volatility Comparison

Goldman Sachs Enhanced Dividend Global Equity Portfolio (GIDGX) has a higher volatility of 2.89% compared to Goldman Sachs Rising Dividend Growth Fund (GSRAX) at 2.43%. This indicates that GIDGX's price experiences larger fluctuations and is considered to be riskier than GSRAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GIDGX	GSRAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.89%	2.43%	+0.46%
Volatility (6M) Calculated over the trailing 6-month period	8.59%	8.75%	-0.16%
Volatility (1Y) Calculated over the trailing 1-year period	10.48%	11.85%	-1.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.07%	20.20%	-7.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.11%	19.84%	-5.73%

GIDGX vs. GSRAX - Expense Ratio Comparison

GIDGX has a 0.17% expense ratio, which is lower than GSRAX's 1.03% expense ratio.

Dividends

GIDGX vs. GSRAX - Dividend Comparison

GIDGX's dividend yield for the trailing twelve months is around 5.50%, less than GSRAX's 11.25% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GIDGX Goldman Sachs Enhanced Dividend Global Equity Portfolio	5.50%	5.92%	12.06%	4.32%	8.89%	8.41%	1.99%	4.85%	5.67%	3.35%	2.97%	3.21%
GSRAX Goldman Sachs Rising Dividend Growth Fund	11.25%	12.17%	25.88%	9.60%	14.01%	11.55%	4.39%	11.85%	97.89%	21.56%	3.16%	0.92%

Frequently Asked Questions

Can I hold both GIDGX and GSRAX in my portfolio?

GIDGX and GSRAX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GIDGX or GSRAX?

GIDGX has higher volatility (2.89%) compared to GSRAX (2.43%). In terms of maximum drawdown, GIDGX dropped -31.63% vs GSRAX's -44.40%.

Which has better risk-adjusted returns?

GIDGX currently has the higher Sharpe Ratio (1.95 vs 1.35), 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.