GLPIX vs. GICIX
GLPIX (Goldman Sachs MLP Energy Infrastructure Fund) and GICIX (Goldman Sachs International Small Cap Insights Fund) are both mutual funds - GLPIX is a Energy Equities fund managed by Goldman Sachs, while GICIX is a Foreign Small & Mid Cap Equities fund managed by Goldman Sachs. Over the past 10 years, GLPIX returned 8.36%/yr vs 9.94%/yr for GICIX. At a 0.43 correlation, their price movements are largely independent. GLPIX charges 1.20%/yr vs 0.87%/yr for GICIX.
Performance
GLPIX vs. GICIX - Performance Comparison
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Returns By Period
In the year-to-date period, GLPIX achieves a 17.79% return, which is significantly higher than GICIX's 14.40% return. Over the past 10 years, GLPIX has underperformed GICIX with an annualized return of 8.36%, while GICIX has yielded a comparatively higher 9.94% annualized return.
GLPIX
- 1D
- 1.01%
- 1M
- -1.33%
- YTD
- 17.79%
- 6M
- 17.05%
- 1Y
- 18.66%
- 3Y*
- 22.25%
- 5Y*
- 18.92%
- 10Y*
- 8.36%
GICIX
- 1D
- -0.16%
- 1M
- 4.64%
- YTD
- 14.40%
- 6M
- 17.91%
- 1Y
- 34.09%
- 3Y*
- 23.39%
- 5Y*
- 9.70%
- 10Y*
- 9.94%
GLPIX vs. GICIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GLPIX Goldman Sachs MLP Energy Infrastructure Fund | 17.79% | 4.45% | 28.00% | 19.67% | 26.06% | 39.89% | -31.08% | 7.04% | -14.57% | -5.13% |
GICIX Goldman Sachs International Small Cap Insights Fund | 14.40% | 42.83% | 5.57% | 15.11% | -18.53% | 13.03% | 7.69% | 21.59% | -18.80% | 33.05% |
Correlation
The correlation between GLPIX and GICIX is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2014 | 0.43 |
Over the past year, the correlation between GLPIX and GICIX has dropped to 0.03 - well below their long-term average of 0.43, suggesting their price drivers have been diverging.
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Return for Risk
GLPIX vs. GICIX — Risk / Return Rank
GLPIX
GICIX
GLPIX vs. GICIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs MLP Energy Infrastructure Fund (GLPIX) and Goldman Sachs International Small Cap Insights Fund (GICIX). 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.
| GLPIX | GICIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.44 | ||
| Sortino ratioReturn per unit of downside risk | -0.63 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.40 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.15 | 2.50 | +0.65 |
| Martin ratioReturn relative to average drawdown | 9.30 | 9.35 | -0.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GLPIX | GICIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.76 | 2.20 | -0.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.99 | 0.59 | +0.41 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.32 | 0.59 | -0.27 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.19 | 0.41 | -0.21 |
Drawdowns
GLPIX vs. GICIX - Drawdown Comparison
The maximum GLPIX drawdown since its inception was -75.98%, which is greater than GICIX's maximum drawdown of -56.71%. Use the drawdown chart below to compare losses from any high point for GLPIX and GICIX.
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Drawdown Indicators
| GLPIX | GICIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.98% | -56.71% | -19.27% |
Max Drawdown (1Y)Largest decline over 1 year | -6.43% | -13.39% | +6.96% |
Max Drawdown (3Y)Largest decline over 3 years | -13.96% | -13.39% | -0.57% |
Max Drawdown (5Y)Largest decline over 5 years | -20.89% | -34.53% | +13.64% |
Max Drawdown (10Y)Largest decline over 10 years | -70.48% | -43.84% | -26.64% |
Current DrawdownCurrent decline from peak | -4.23% | -1.02% | -3.21% |
Average DrawdownAverage peak-to-trough decline | -23.14% | -10.93% | -12.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.17% | 3.56% | -1.39% |
Volatility
GLPIX vs. GICIX - Volatility Comparison
Goldman Sachs MLP Energy Infrastructure Fund (GLPIX) has a higher volatility of 4.82% compared to Goldman Sachs International Small Cap Insights Fund (GICIX) at 4.40%. This indicates that GLPIX's price experiences larger fluctuations and is considered to be riskier than GICIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GLPIX | GICIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.82% | 4.40% | +0.42% |
Volatility (6M)Calculated over the trailing 6-month period | 8.64% | 12.68% | -4.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.53% | 15.28% | -3.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.13% | 16.54% | +2.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.91% | 16.80% | +9.11% |
GLPIX vs. GICIX - Expense Ratio Comparison
GLPIX has a 1.20% expense ratio, which is higher than GICIX's 0.87% expense ratio.
Dividends
GLPIX vs. GICIX - Dividend Comparison
GLPIX's dividend yield for the trailing twelve months is around 6.36%, less than GICIX's 7.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GICIX Goldman Sachs International Small Cap Insights Fund | 7.07% | 8.08% | 4.77% | 3.04% | 3.10% | 3.39% | 1.87% | 3.47% | 1.68% | 8.29% | 2.79% | 1.69% |
GLPIX Goldman Sachs MLP Energy Infrastructure Fund | 6.36% | 7.03% | 6.60% | 6.70% | 6.00% | 6.26% | 9.72% | 8.67% | 8.02% | 7.49% | 11.46% | 6.62% |
Frequently Asked Questions
GLPIX and GICIX have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GLPIX has higher volatility (4.82%) compared to GICIX (4.40%). In terms of maximum drawdown, GLPIX dropped -75.98% vs GICIX's -56.71%.
GICIX currently has the higher Sharpe Ratio (2.20 vs 1.76), 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.
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