GLDYX vs. GDMYX

Last updated Jun 4, 2026

GLDYX (GuideStone Funds Low-Duration Bond Fund) and GDMYX (GuideStone Funds Defensive Market Strategies Fund) are both mutual funds - GLDYX is a Short-Term Bond fund managed by GuideStone Funds, while GDMYX is a Diversified Portfolio fund managed by GuideStone Funds. Over the past 10 years, GLDYX returned 2.27%/yr vs 5.70%/yr for GDMYX. At a 0.05 correlation, their price movements are largely independent. GLDYX charges 0.34%/yr vs 0.66%/yr for GDMYX.

Performance

GLDYX vs. GDMYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GuideStone Funds Low-Duration Bond Fund (GLDYX) and GuideStone Funds Defensive Market Strategies Fund (GDMYX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GLDYX achieves a 0.65% return, which is significantly lower than GDMYX's 6.31% return. Over the past 10 years, GLDYX has underperformed GDMYX with an annualized return of 2.27%, while GDMYX has yielded a comparatively higher 5.70% annualized return.

GLDYX

• 1D: 0.00%
• 1M: 0.23%
• YTD: 0.65%
• 6M: 1.04%
• 1Y: 4.08%
• 3Y*: 4.89%
• 5Y*: 2.13%
• 10Y*: 2.27%

GDMYX

• 1D: 0.08%
• 1M: 3.49%
• YTD: 6.31%
• 6M: 6.52%
• 1Y: 16.04%
• 3Y*: 11.73%
• 5Y*: 2.77%
• 10Y*: 5.70%

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

GLDYX vs. GDMYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GLDYX GuideStone Funds Low-Duration Bond Fund	0.65%	5.66%	4.81%	5.09%	-4.42%	-0.47%	3.39%	4.00%	1.83%	1.69%
GDMYX GuideStone Funds Defensive Market Strategies Fund	6.31%	10.46%	11.71%	11.43%	-25.87%	12.14%	10.04%	19.79%	-2.69%	11.51%

Correlation

The correlation between GLDYX and GDMYX is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (3Y) Calculated over the trailing 3-year period	0.20
Correlation (5Y) Calculated over the trailing 5-year period	0.20
Correlation (10Y) Calculated over the trailing 10-year period	0.08
Correlation (All Time) Calculated using the full available price history since Jan 4, 2012	0.05

Over the past year, GLDYX and GDMYX have become more correlated (0.27) than their long-term average of 0.05, meaning their price movements have been converging.

Return for Risk

GLDYX vs. GDMYX — Risk / Return Rank

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

GLDYX

GLDYX Risk / Return Rank: 89
GLDYX Sharpe Ratio Rank: 89
GLDYX Sortino Ratio Rank: 94
GLDYX Omega Ratio Rank: 93
GLDYX Calmar Ratio Rank: 85
GLDYX Martin Ratio Rank: 86

GDMYX

GDMYX Risk / Return Rank: 59
GDMYX Sharpe Ratio Rank: 58
GDMYX Sortino Ratio Rank: 56
GDMYX Omega Ratio Rank: 61
GDMYX Calmar Ratio Rank: 53
GDMYX Martin Ratio Rank: 70

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.

GLDYX vs. GDMYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GuideStone Funds Low-Duration Bond Fund (GLDYX) and GuideStone Funds Defensive Market Strategies Fund (GDMYX). 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.

	GLDYX	GDMYX	Difference
Sharpe ratio: Return per unit of total volatility	2.97	2.24	+0.73
Sortino ratio: Return per unit of downside risk	4.83	3.16	+1.68
Omega ratio: Gain probability vs. loss probability	1.71	1.44	+0.28
Calmar ratio: Return relative to maximum drawdown	3.95	2.77	+1.18
Martin ratio: Return relative to average drawdown	16.50	13.47	+3.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GLDYX vs. GDMYX - Sharpe Ratio Comparison

The current GLDYX Sharpe Ratio is 2.97, which is higher than the GDMYX Sharpe Ratio of 2.24. The chart below compares the historical Sharpe Ratios of GLDYX and GDMYX, 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

	GLDYX	GDMYX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.97	2.24	+0.73
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.17	0.22	+0.95
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.47	0.47	+1.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.66	0.52	+0.14

Drawdowns

GLDYX vs. GDMYX - Drawdown Comparison

The maximum GLDYX drawdown since its inception was -11.73%, smaller than the maximum GDMYX drawdown of -29.89%. Use the drawdown chart below to compare losses from any high point for GLDYX and GDMYX.

Drawdown Indicators

	GLDYX	GDMYX	Difference
Max Drawdown Largest peak-to-trough decline	-11.73%	-29.89%	+18.16%
Max Drawdown (1Y) Largest decline over 1 year	-1.04%	-5.95%	+4.91%
Max Drawdown (3Y) Largest decline over 3 years	-1.04%	-16.58%	+15.54%
Max Drawdown (5Y) Largest decline over 5 years	-6.68%	-29.89%	+23.21%
Max Drawdown (10Y) Largest decline over 10 years	-6.68%	-29.89%	+23.21%
Current Drawdown Current decline from peak	-0.10%	0.00%	-0.10%
Average Drawdown Average peak-to-trough decline	-2.16%	-5.69%	+3.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.25%	1.22%	-0.97%

Volatility

GLDYX vs. GDMYX - Volatility Comparison

The current volatility for GuideStone Funds Low-Duration Bond Fund (GLDYX) is 0.44%, while GuideStone Funds Defensive Market Strategies Fund (GDMYX) has a volatility of 1.59%. This indicates that GLDYX experiences smaller price fluctuations and is considered to be less risky than GDMYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GLDYX	GDMYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.44%	1.59%	-1.15%
Volatility (6M) Calculated over the trailing 6-month period	1.01%	5.67%	-4.66%
Volatility (1Y) Calculated over the trailing 1-year period	1.38%	7.37%	-5.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.82%	12.42%	-10.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.55%	12.24%	-10.69%

GLDYX vs. GDMYX - Expense Ratio Comparison

GLDYX has a 0.34% expense ratio, which is lower than GDMYX's 0.66% expense ratio.

Dividends

GLDYX vs. GDMYX - Dividend Comparison

GLDYX's dividend yield for the trailing twelve months is around 4.10%, less than GDMYX's 9.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GDMYX GuideStone Funds Defensive Market Strategies Fund	9.61%	10.22%	10.00%	2.28%	0.00%	10.65%	3.09%	5.76%	5.36%	4.63%	0.00%	0.00%
GLDYX GuideStone Funds Low-Duration Bond Fund	4.10%	4.32%	4.31%	3.36%	1.72%	1.02%	1.70%	2.49%	2.87%	1.60%	1.66%	1.03%

Frequently Asked Questions

Can I hold both GLDYX and GDMYX in my portfolio?

GLDYX and GDMYX have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GLDYX or GDMYX?

GDMYX has higher volatility (1.59%) compared to GLDYX (0.44%). In terms of maximum drawdown, GLDYX dropped -11.73% vs GDMYX's -29.89%.

Which has better risk-adjusted returns?

GLDYX currently has the higher Sharpe Ratio (2.97 vs 2.24), 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.