GIOIX vs. GSRTX
Compare and contrast key facts about Guggenheim Macro Opportunities Fund (GIOIX) and Goldman Sachs Absolute Return Tracker Fund (GSRTX).
GIOIX is managed by Guggenheim Investments. It was launched on Nov 29, 2011. GSRTX is managed by Goldman Sachs. It was launched on May 29, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GIOIX or GSRTX.
Key characteristics
| GIOIX | GSRTX | |
|---|---|---|
| YTD Return | 6.54% | 6.68% |
| 1Y Return | 12.38% | 12.71% |
| 3Y Return (Ann) | 2.50% | 3.44% |
| 5Y Return (Ann) | 4.22% | 4.39% |
| 10Y Return (Ann) | 3.87% | 3.90% |
| Sharpe Ratio | 4.74 | 2.15 |
| Sortino Ratio | 10.56 | 2.75 |
| Omega Ratio | 2.53 | 1.46 |
| Calmar Ratio | 2.82 | 2.62 |
| Martin Ratio | 43.82 | 12.75 |
| Ulcer Index | 0.30% | 1.02% |
| Daily Std Dev | 2.80% | 6.02% |
| Max Drawdown | -12.22% | -19.00% |
| Current Drawdown | -0.64% | -1.49% |
Correlation
The correlation between GIOIX and GSRTX is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GIOIX vs. GSRTX - Performance Comparison
The year-to-date returns for both investments are quite close, with GIOIX having a 6.54% return and GSRTX slightly higher at 6.68%. Both investments have delivered pretty close results over the past 10 years, with GIOIX having a 3.87% annualized return and GSRTX not far ahead at 3.90%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GIOIX vs. GSRTX - Expense Ratio Comparison
GIOIX has a 0.96% expense ratio, which is higher than GSRTX's 0.75% expense ratio.
Risk-Adjusted Performance
GIOIX vs. GSRTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Guggenheim Macro Opportunities Fund (GIOIX) and Goldman Sachs Absolute Return Tracker Fund (GSRTX). 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
GIOIX vs. GSRTX - Dividend Comparison
GIOIX's dividend yield for the trailing twelve months is around 5.82%, more than GSRTX's 2.52% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GIOIX Guggenheim Macro Opportunities Fund | 5.82% | 6.45% | 5.12% | 3.89% | 4.05% | 3.29% | 3.64% | 3.53% | 5.38% | 5.48% | 4.96% | 5.43% |
GSRTX Goldman Sachs Absolute Return Tracker Fund | 2.52% | 2.69% | 5.18% | 9.00% | 0.61% | 3.52% | 2.62% | 3.51% | 0.54% | 1.66% | 3.85% | 5.71% |
Drawdowns
GIOIX vs. GSRTX - Drawdown Comparison
The maximum GIOIX drawdown since its inception was -12.22%, smaller than the maximum GSRTX drawdown of -19.00%. Use the drawdown chart below to compare losses from any high point for GIOIX and GSRTX. For additional features, visit the drawdowns tool.
Volatility
GIOIX vs. GSRTX - Volatility Comparison
The current volatility for Guggenheim Macro Opportunities Fund (GIOIX) is 0.40%, while Goldman Sachs Absolute Return Tracker Fund (GSRTX) has a volatility of 1.40%. This indicates that GIOIX experiences smaller price fluctuations and is considered to be less risky than GSRTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.