GINDX vs. GENIX

Last updated Jun 4, 2026

GINDX (Gotham Index Plus Fund) and GENIX (Gotham Enhanced Return Fund) are both mutual funds - GINDX is a Large Cap Blend Equities fund managed by Gotham, while GENIX is a Mid Cap Blend Equities fund managed by Gotham. Over the past 10 years, GINDX returned 15.81%/yr vs 13.94%/yr for GENIX. Their correlation of 0.93 suggests significant overlap in exposure. GINDX charges 1.15%/yr vs 1.50%/yr for GENIX.

Performance

GINDX vs. GENIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gotham Index Plus Fund (GINDX) and Gotham Enhanced Return Fund (GENIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GINDX achieves a 7.57% return, which is significantly lower than GENIX's 13.91% return. Over the past 10 years, GINDX has outperformed GENIX with an annualized return of 15.81%, while GENIX has yielded a comparatively lower 13.94% annualized return.

GINDX

• 1D: -0.56%
• 1M: 3.53%
• YTD: 7.57%
• 6M: 9.17%
• 1Y: 27.91%
• 3Y*: 23.84%
• 5Y*: 15.54%
• 10Y*: 15.81%

GENIX

• 1D: -0.24%
• 1M: 6.37%
• YTD: 13.91%
• 6M: 14.63%
• 1Y: 30.71%
• 3Y*: 26.90%
• 5Y*: 17.80%
• 10Y*: 13.94%

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

GINDX vs. GENIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GINDX Gotham Index Plus Fund	7.57%	22.25%	25.96%	26.40%	-11.61%	32.73%	6.79%	19.39%	-3.49%	26.05%
GENIX Gotham Enhanced Return Fund	13.91%	21.16%	27.31%	25.26%	-12.02%	39.66%	-8.21%	21.54%	-5.97%	18.21%

Correlation

The correlation between GINDX and GENIX is 0.85, 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	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (10Y) Calculated over the trailing 10-year period	0.93
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016	0.93

The correlation between GINDX and GENIX has been stable across timeframes, ranging from 0.85 to 0.94 - a consistent structural relationship.

Return for Risk

GINDX vs. GENIX — Risk / Return Rank

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

GINDX

GINDX Risk / Return Rank: 67
GINDX Sharpe Ratio Rank: 73
GINDX Sortino Ratio Rank: 64
GINDX Omega Ratio Rank: 61
GINDX Calmar Ratio Rank: 70
GINDX Martin Ratio Rank: 66

GENIX

GENIX Risk / Return Rank: 83
GENIX Sharpe Ratio Rank: 82
GENIX Sortino Ratio Rank: 77
GENIX Omega Ratio Rank: 69
GENIX Calmar Ratio Rank: 92
GENIX Martin Ratio Rank: 95

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.

GINDX vs. GENIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Gotham Index Plus Fund (GINDX) and Gotham Enhanced Return Fund (GENIX). 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.

	GINDX	GENIX	Difference
Sharpe ratio: Return per unit of total volatility	2.48	2.65	-0.17
Sortino ratio: Return per unit of downside risk	3.35	3.68	-0.33
Omega ratio: Gain probability vs. loss probability	1.44	1.46	-0.03
Calmar ratio: Return relative to maximum drawdown	3.23	4.95	-1.72
Martin ratio: Return relative to average drawdown	12.89	21.97	-9.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GINDX vs. GENIX - Sharpe Ratio Comparison

The current GINDX Sharpe Ratio is 2.48, which is comparable to the GENIX Sharpe Ratio of 2.65. The chart below compares the historical Sharpe Ratios of GINDX and GENIX, 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

	GINDX	GENIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.48	2.65	-0.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.94	1.04	-0.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.87	0.76	+0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.87	0.66	+0.20

Drawdowns

GINDX vs. GENIX - Drawdown Comparison

The maximum GINDX drawdown since its inception was -33.70%, smaller than the maximum GENIX drawdown of -39.35%. Use the drawdown chart below to compare losses from any high point for GINDX and GENIX.

Drawdown Indicators

	GINDX	GENIX	Difference
Max Drawdown Largest peak-to-trough decline	-33.70%	-39.35%	+5.65%
Max Drawdown (1Y) Largest decline over 1 year	-9.06%	-6.44%	-2.62%
Max Drawdown (3Y) Largest decline over 3 years	-18.75%	-19.20%	+0.45%
Max Drawdown (5Y) Largest decline over 5 years	-19.77%	-20.74%	+0.97%
Max Drawdown (10Y) Largest decline over 10 years	-33.70%	-39.35%	+5.65%
Current Drawdown Current decline from peak	-0.68%	-0.24%	-0.44%
Average Drawdown Average peak-to-trough decline	-4.01%	-5.65%	+1.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.25%	1.44%	+0.81%

Volatility

GINDX vs. GENIX - Volatility Comparison

Gotham Index Plus Fund (GINDX) and Gotham Enhanced Return Fund (GENIX) have volatilities of 2.73% and 2.62%, 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.

Volatility by Period

	GINDX	GENIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.73%	2.62%	+0.11%
Volatility (6M) Calculated over the trailing 6-month period	8.71%	8.90%	-0.19%
Volatility (1Y) Calculated over the trailing 1-year period	11.77%	12.01%	-0.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.73%	17.19%	-0.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.18%	18.53%	-0.35%

GINDX vs. GENIX - Expense Ratio Comparison

GINDX has a 1.15% expense ratio, which is lower than GENIX's 1.50% expense ratio.

Dividends

GINDX vs. GENIX - Dividend Comparison

GINDX's dividend yield for the trailing twelve months is around 3.04%, more than GENIX's 1.82% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GENIX Gotham Enhanced Return Fund	1.82%	2.07%	19.28%	9.82%	8.02%	19.31%	0.14%	32.49%	9.60%	0.97%	0.00%	1.85%
GINDX Gotham Index Plus Fund	3.04%	3.27%	2.97%	4.02%	1.81%	5.38%	1.07%	1.38%	2.10%	0.37%	0.48%	0.00%

Frequently Asked Questions

Can I hold both GINDX and GENIX in my portfolio?

GINDX and GENIX have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GINDX or GENIX?

GINDX has higher volatility (2.73%) compared to GENIX (2.62%). In terms of maximum drawdown, GINDX dropped -33.70% vs GENIX's -39.35%.

Which has better risk-adjusted returns?

GENIX currently has the higher Sharpe Ratio (2.65 vs 2.48), 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.