GIDGX vs. QDVSX

Last updated Jun 5, 2026

GIDGX (Goldman Sachs Enhanced Dividend Global Equity Portfolio) and QDVSX (Fisher Investments Institutional Group ESG Stock Fund for Retirement Plans) are both Global Equities funds. Over the past 5 years, GIDGX returned 10.91%/yr vs 13.95%/yr for QDVSX. Their correlation of 0.87 suggests significant overlap in exposure. GIDGX charges 0.17%/yr vs 0.00%/yr for QDVSX.

Performance

GIDGX vs. QDVSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Enhanced Dividend Global Equity Portfolio (GIDGX) and Fisher Investments Institutional Group ESG Stock Fund for Retirement Plans (QDVSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GIDGX achieves a 11.05% return, which is significantly higher than QDVSX's 10.05% return.

GIDGX

• 1D: -0.54%
• 1M: 3.01%
• YTD: 11.05%
• 6M: 11.62%
• 1Y: 24.50%
• 3Y*: 18.89%
• 5Y*: 10.91%
• 10Y*: 10.81%

QDVSX

• 1D: -0.99%
• 1M: 3.87%
• YTD: 10.05%
• 6M: 11.83%
• 1Y: 33.74%
• 3Y*: 23.84%
• 5Y*: 13.95%
• 10Y*: —

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

GIDGX vs. QDVSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
GIDGX Goldman Sachs Enhanced Dividend Global Equity Portfolio	11.05%	15.74%	20.59%	17.92%	-12.75%	18.46%	8.41%	1.21%
QDVSX Fisher Investments Institutional Group ESG Stock Fund for Retirement Plans	10.05%	26.93%	20.05%	37.93%	-23.98%	21.38%	27.22%	0.50%

Correlation

The correlation between GIDGX and QDVSX is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.89
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (All Time) Calculated using the full available price history since Dec 16, 2019	0.87

The correlation between GIDGX and QDVSX has been stable across timeframes, ranging from 0.86 to 0.89 - a consistent structural relationship.

Return for Risk

GIDGX vs. QDVSX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GIDGX

GIDGX Risk / Return Rank: 79
GIDGX Sharpe Ratio Rank: 78
GIDGX Sortino Ratio Rank: 75
GIDGX Omega Ratio Rank: 75
GIDGX Calmar Ratio Rank: 79
GIDGX Martin Ratio Rank: 88

QDVSX

QDVSX Risk / Return Rank: 80
QDVSX Sharpe Ratio Rank: 84
QDVSX Sortino Ratio Rank: 80
QDVSX Omega Ratio Rank: 75
QDVSX Calmar Ratio Rank: 81
QDVSX Martin Ratio Rank: 79

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GIDGX vs. QDVSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Enhanced Dividend Global Equity Portfolio (GIDGX) and Fisher Investments Institutional Group ESG Stock Fund for Retirement Plans (QDVSX). 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	QDVSX	Difference
Sharpe ratio: Return per unit of total volatility	2.57	2.73	-0.16
Sortino ratio: Return per unit of downside risk	3.61	3.79	-0.18
Omega ratio: Gain probability vs. loss probability	1.49	1.49	0.00
Calmar ratio: Return relative to maximum drawdown	3.47	3.67	-0.20
Martin ratio: Return relative to average drawdown	16.67	14.45	+2.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GIDGX vs. QDVSX - Sharpe Ratio Comparison

The current GIDGX Sharpe Ratio is 2.57, which is comparable to the QDVSX Sharpe Ratio of 2.73. The chart below compares the historical Sharpe Ratios of GIDGX and QDVSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GIDGX	QDVSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.57	2.73	-0.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.85	0.76	+0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.77	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.68	0.80	-0.12

Drawdowns

GIDGX vs. QDVSX - Drawdown Comparison

The maximum GIDGX drawdown since its inception was -31.63%, smaller than the maximum QDVSX drawdown of -33.56%. Use the drawdown chart below to compare losses from any high point for GIDGX and QDVSX.

Drawdown Indicators

	GIDGX	QDVSX	Difference
Max Drawdown Largest peak-to-trough decline	-31.63%	-33.56%	+1.93%
Max Drawdown (1Y) Largest decline over 1 year	-7.14%	-9.40%	+2.26%
Max Drawdown (3Y) Largest decline over 3 years	-14.69%	-18.64%	+3.95%
Max Drawdown (5Y) Largest decline over 5 years	-20.39%	-33.56%	+13.17%
Max Drawdown (10Y) Largest decline over 10 years	-31.63%	—	—
Current Drawdown Current decline from peak	-0.54%	-0.99%	+0.45%
Average Drawdown Average peak-to-trough decline	-3.87%	-6.72%	+2.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.48%	2.38%	-0.90%

Volatility

GIDGX vs. QDVSX - Volatility Comparison

The current volatility for Goldman Sachs Enhanced Dividend Global Equity Portfolio (GIDGX) is 2.50%, while Fisher Investments Institutional Group ESG Stock Fund for Retirement Plans (QDVSX) has a volatility of 3.68%. This indicates that GIDGX experiences smaller price fluctuations and is considered to be less risky than QDVSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GIDGX	QDVSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.50%	3.68%	-1.18%
Volatility (6M) Calculated over the trailing 6-month period	7.66%	10.14%	-2.48%
Volatility (1Y) Calculated over the trailing 1-year period	9.67%	12.66%	-2.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.99%	18.49%	-5.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.16%	21.09%	-6.93%

GIDGX vs. QDVSX - Expense Ratio Comparison

GIDGX has a 0.17% expense ratio, which is higher than QDVSX's 0.00% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

GIDGX vs. QDVSX - Dividend Comparison

GIDGX's dividend yield for the trailing twelve months is around 5.56%, less than QDVSX's 11.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GIDGX Goldman Sachs Enhanced Dividend Global Equity Portfolio	5.56%	5.92%	12.06%	4.32%	8.89%	8.41%	1.99%	4.85%	5.67%	3.35%	2.97%	3.21%
QDVSX Fisher Investments Institutional Group ESG Stock Fund for Retirement Plans	11.28%	12.42%	4.92%	5.99%	1.65%	1.02%	1.30%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GIDGX and QDVSX in my portfolio?

GIDGX and QDVSX have a correlation of 0.89, 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 QDVSX?

QDVSX has higher volatility (3.68%) compared to GIDGX (2.50%). In terms of maximum drawdown, GIDGX dropped -31.63% vs QDVSX's -33.56%.

Which has better risk-adjusted returns?

QDVSX currently has the higher Sharpe Ratio (2.73 vs 2.57), 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.