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GLPIX vs. PAXDX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

GLPIX vs. PAXDX

Last updated Apr 2, 2026

Compare and contrast key facts about Goldman Sachs MLP Energy Infrastructure Fund (GLPIX) and Pax Global Sustainable Infrastructure Fund (PAXDX).

GLPIX is managed by Goldman Sachs. It was launched on Mar 27, 2013. PAXDX is managed by Pax World. It was launched on Dec 15, 2016.

Performance

GLPIX vs. PAXDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs MLP Energy Infrastructure Fund (GLPIX) and Pax Global Sustainable Infrastructure Fund (PAXDX). The values are adjusted to include any dividend payments, if applicable.

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GLPIX vs. PAXDX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
GLPIX
Goldman Sachs MLP Energy Infrastructure Fund		15.76%4.45%28.00%19.67%26.06%39.89%-31.08%7.04%-14.57%-5.13%
PAXDX
Pax Global Sustainable Infrastructure Fund		5.11%18.37%-1.55%9.33%-13.45%14.24%14.25%25.88%-4.25%19.24%

Returns By Period

In the year-to-date period, GLPIX achieves a 15.76% return, which is significantly higher than PAXDX's 5.11% return.

GLPIX

1D
-1.01%
1M
0.05%
YTD
15.76%
6M
18.33%
1Y
11.86%
3Y*
22.12%
5Y*
22.23%
10Y*
10.26%

PAXDX

1D
0.00%
1M
0.00%
YTD
5.11%
6M
4.86%
1Y
15.85%
3Y*
8.60%
5Y*
4.21%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Goldman Sachs MLP Energy Infrastructure Fund

Pax Global Sustainable Infrastructure Fund

Often compared with GLPIX:
GLPIX vs. VUGGLPIX vs. AMLPGLPIX vs. MLPAGLPIX vs. BGLYXGLPIX vs. DHIVXGLPIX vs. GSPKXGLPIX vs. RYVIX
Often compared with PAXDX:
PAXDX vs. AWTAXPAXDX vs. NMFIXPAXDX vs. BACIXPAXDX vs. FNARXPAXDX vs. GGINXPAXDX vs. PGJZXPAXDX vs. ICPAX

GLPIX vs. PAXDX - Expense Ratio Comparison

GLPIX has a 1.20% expense ratio, which is higher than PAXDX's 0.83% expense ratio.

GLPIX
Goldman Sachs MLP Energy Infrastructure Fund
PAXDX
Pax Global Sustainable Infrastructure Fund

Return for Risk

GLPIX vs. PAXDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
GLPIX
GLPIX Risk / Return Rank: 2727
Overall Rank
GLPIX Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
GLPIX Sortino Ratio Rank: 2727
Sortino Ratio Rank
GLPIX Omega Ratio Rank: 3030
Omega Ratio Rank
GLPIX Calmar Ratio Rank: 2727
Calmar Ratio Rank
GLPIX Martin Ratio Rank: 1919
Martin Ratio Rank
PAXDX
PAXDX Risk / Return Rank: 8181
Overall Rank
PAXDX Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
PAXDX Sortino Ratio Rank: 7979
Sortino Ratio Rank
PAXDX Omega Ratio Rank: 8080
Omega Ratio Rank
PAXDX Calmar Ratio Rank: 8080
Calmar Ratio Rank
PAXDX Martin Ratio Rank: 8888
Martin Ratio Rank
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.

GLPIX vs. PAXDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs MLP Energy Infrastructure Fund (GLPIX) and Pax Global Sustainable Infrastructure Fund (PAXDX). 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.

GLPIXPAXDXDifference

Sharpe ratio

Return per unit of total volatility

0.82

1.42

-0.60

Sortino ratio

Return per unit of downside risk

1.11

1.98

-0.87

Omega ratio

Gain probability vs. loss probability

1.17

1.31

-0.14

Calmar ratio

Return relative to maximum drawdown

0.91

1.95

-1.05

Martin ratio

Return relative to average drawdown

2.28

9.47

-7.19

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GLPIX vs. PAXDX - Sharpe Ratio Comparison

The current GLPIX Sharpe Ratio is 0.82, which is lower than the PAXDX Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of GLPIX and PAXDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

GLPIXPAXDXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.82

1.42

-0.60

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.16

0.32

+0.84

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.39

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.19

0.52

-0.33

Correlation

The correlation between GLPIX and PAXDX is 0.49, 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.

Dividends

GLPIX vs. PAXDX - Dividend Comparison

GLPIX's dividend yield for the trailing twelve months is around 6.27%, more than PAXDX's 2.06% yield.

TTM20252024202320222021202020192018201720162015
GLPIX
Goldman Sachs MLP Energy Infrastructure Fund		6.27%7.03%6.60%6.70%6.00%6.26%9.72%8.67%8.02%7.49%11.46%6.62%
PAXDX
Pax Global Sustainable Infrastructure Fund		2.06%2.17%2.07%2.43%2.48%58.94%2.88%4.69%3.55%2.13%0.12%0.00%

Drawdowns

GLPIX vs. PAXDX - Drawdown Comparison

The maximum GLPIX drawdown since its inception was -75.98%, which is greater than PAXDX's maximum drawdown of -33.58%. Use the drawdown chart below to compare losses from any high point for GLPIX and PAXDX.

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Drawdown Indicators

GLPIXPAXDXDifference

Max Drawdown

Largest peak-to-trough decline

-75.98%

-33.58%

-42.40%

Max Drawdown (1Y)

Largest decline over 1 year

-13.62%

-8.05%

-5.57%

Max Drawdown (5Y)

Largest decline over 5 years

-20.89%

-25.04%

+4.15%

Max Drawdown (10Y)

Largest decline over 10 years

-70.48%

—

—

Current Drawdown

Current decline from peak

-2.01%

-0.74%

-1.27%

Average Drawdown

Average peak-to-trough decline

-23.43%

-5.34%

-18.09%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.41%

1.66%

+3.75%

Volatility

GLPIX vs. PAXDX - Volatility Comparison

Goldman Sachs MLP Energy Infrastructure Fund (GLPIX) has a higher volatility of 3.03% compared to Pax Global Sustainable Infrastructure Fund (PAXDX) at 0.00%. This indicates that GLPIX's price experiences larger fluctuations and is considered to be riskier than PAXDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

GLPIXPAXDXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.03%

0.00%

+3.03%

Volatility (6M)

Calculated over the trailing 6-month period

7.61%

5.36%

+2.25%

Volatility (1Y)

Calculated over the trailing 1-year period

15.46%

11.81%

+3.65%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.22%

13.30%

+5.92%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

26.08%

16.65%

+9.43%