Correlation
The correlation between GOIIX and FAMRX is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
GOIIX vs. FAMRX
Compare and contrast key facts about Goldman Sachs Growth and Income Strategy Portfolio (GOIIX) and Fidelity Asset Manager 85% Fund (FAMRX).
GOIIX is managed by Goldman Sachs. It was launched on Jan 1, 1998. FAMRX is managed by Blackrock. It was launched on Sep 24, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GOIIX or FAMRX.
Performance
GOIIX vs. FAMRX - Performance Comparison
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Key characteristics
GOIIX:
0.82
FAMRX:
0.69
GOIIX:
1.07
FAMRX:
0.93
GOIIX:
1.16
FAMRX:
1.13
GOIIX:
0.78
FAMRX:
0.61
GOIIX:
3.36
FAMRX:
2.56
GOIIX:
2.65%
FAMRX:
3.67%
GOIIX:
12.08%
FAMRX:
15.87%
GOIIX:
-44.42%
FAMRX:
-58.12%
GOIIX:
-0.29%
FAMRX:
-0.76%
Returns By Period
In the year-to-date period, GOIIX achieves a 3.50% return, which is significantly lower than FAMRX's 4.43% return. Over the past 10 years, GOIIX has underperformed FAMRX with an annualized return of 6.37%, while FAMRX has yielded a comparatively higher 8.43% annualized return.
GOIIX
3.50%
3.31%
1.14%
9.26%
7.80%
8.39%
6.37%
FAMRX
4.43%
4.78%
1.13%
10.15%
9.71%
11.01%
8.43%
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GOIIX vs. FAMRX - Expense Ratio Comparison
GOIIX has a 0.19% expense ratio, which is lower than FAMRX's 0.70% expense ratio.
Risk-Adjusted Performance
GOIIX vs. FAMRX — Risk-Adjusted Performance Rank
GOIIX
FAMRX
GOIIX vs. FAMRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Growth and Income Strategy Portfolio (GOIIX) and Fidelity Asset Manager 85% Fund (FAMRX). 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.
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Dividends
GOIIX vs. FAMRX - Dividend Comparison
GOIIX's dividend yield for the trailing twelve months is around 7.05%, more than FAMRX's 3.29% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOIIX Goldman Sachs Growth and Income Strategy Portfolio | 7.05% | 6.80% | 1.96% | 5.91% | 6.80% | 3.47% | 2.29% | 3.04% | 2.73% | 1.37% | 3.95% | 2.97% |
FAMRX Fidelity Asset Manager 85% Fund | 3.29% | 3.44% | 1.33% | 5.07% | 3.15% | 1.99% | 5.52% | 5.62% | 3.29% | 1.33% | 4.83% | 10.05% |
Drawdowns
GOIIX vs. FAMRX - Drawdown Comparison
The maximum GOIIX drawdown since its inception was -44.42%, smaller than the maximum FAMRX drawdown of -58.12%. Use the drawdown chart below to compare losses from any high point for GOIIX and FAMRX.
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Volatility
GOIIX vs. FAMRX - Volatility Comparison
The current volatility for Goldman Sachs Growth and Income Strategy Portfolio (GOIIX) is 2.48%, while Fidelity Asset Manager 85% Fund (FAMRX) has a volatility of 3.19%. This indicates that GOIIX experiences smaller price fluctuations and is considered to be less risky than FAMRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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