GOIIX vs. GSIMX

Last updated Jun 4, 2026

GOIIX (Goldman Sachs Growth and Income Strategy Portfolio) and GSIMX (Goldman Sachs GQG Partners International Opportunities Fund) are both mutual funds - GOIIX is a Tactical Allocation fund managed by Goldman Sachs, while GSIMX is a Foreign Large Cap Equities fund managed by Goldman Sachs. Over the past 5 years, GOIIX returned 7.66%/yr vs 9.05%/yr for GSIMX. A 0.79 correlation means they provide meaningful diversification when combined. GOIIX charges 0.19%/yr vs 0.76%/yr for GSIMX.

Performance

GOIIX vs. GSIMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Growth and Income Strategy Portfolio (GOIIX) and Goldman Sachs GQG Partners International Opportunities Fund (GSIMX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GOIIX achieves a 7.78% return, which is significantly higher than GSIMX's 6.45% return.

GOIIX

• 1D: 0.23%
• 1M: 3.82%
• YTD: 7.78%
• 6M: 8.46%
• 1Y: 20.18%
• 3Y*: 15.41%
• 5Y*: 7.66%
• 10Y*: 8.75%

GSIMX

• 1D: 0.04%
• 1M: -0.54%
• YTD: 6.45%
• 6M: 8.00%
• 1Y: 12.69%
• 3Y*: 17.16%
• 5Y*: 9.05%
• 10Y*: —

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

GOIIX vs. GSIMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GOIIX Goldman Sachs Growth and Income Strategy Portfolio	7.78%	15.03%	14.81%	15.16%	-15.86%	12.65%	12.73%	19.16%	-8.63%	15.94%
GSIMX Goldman Sachs GQG Partners International Opportunities Fund	6.45%	20.85%	9.66%	22.10%	-11.06%	12.50%	15.77%	27.64%	-6.04%	29.92%

Correlation

The correlation between GOIIX and GSIMX is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.51
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (5Y) Calculated over the trailing 5-year period	0.74
Correlation (All Time) Calculated using the full available price history since Jan 4, 2017	0.79

Over the past year, the correlation between GOIIX and GSIMX has dropped to 0.51 - well below their long-term average of 0.79, suggesting their price drivers have been diverging.

Return for Risk

GOIIX vs. GSIMX — Risk / Return Rank

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

GOIIX

GOIIX Risk / Return Rank: 63
GOIIX Sharpe Ratio Rank: 65
GOIIX Sortino Ratio Rank: 63
GOIIX Omega Ratio Rank: 63
GOIIX Calmar Ratio Rank: 56
GOIIX Martin Ratio Rank: 65

GSIMX

GSIMX Risk / Return Rank: 19
GSIMX Sharpe Ratio Rank: 19
GSIMX Sortino Ratio Rank: 18
GSIMX Omega Ratio Rank: 20
GSIMX Calmar Ratio Rank: 18
GSIMX Martin Ratio Rank: 19

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.

GOIIX vs. GSIMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Growth and Income Strategy Portfolio (GOIIX) and Goldman Sachs GQG Partners International Opportunities Fund (GSIMX). 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.

	GOIIX	GSIMX	Difference
Sharpe ratio: Return per unit of total volatility	2.37	1.27	+1.11
Sortino ratio: Return per unit of downside risk	3.33	1.78	+1.55
Omega ratio: Gain probability vs. loss probability	1.44	1.23	+0.21
Calmar ratio: Return relative to maximum drawdown	2.87	1.56	+1.31
Martin ratio: Return relative to average drawdown	12.67	5.22	+7.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GOIIX vs. GSIMX - Sharpe Ratio Comparison

The current GOIIX Sharpe Ratio is 2.37, which is higher than the GSIMX Sharpe Ratio of 1.27. The chart below compares the historical Sharpe Ratios of GOIIX and GSIMX, 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

	GOIIX	GSIMX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.37	1.27	+1.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.72	0.63	+0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.78	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.82	-0.27

Drawdowns

GOIIX vs. GSIMX - Drawdown Comparison

The maximum GOIIX drawdown since its inception was -43.63%, which is greater than GSIMX's maximum drawdown of -28.84%. Use the drawdown chart below to compare losses from any high point for GOIIX and GSIMX.

Drawdown Indicators

	GOIIX	GSIMX	Difference
Max Drawdown Largest peak-to-trough decline	-43.63%	-28.84%	-14.79%
Max Drawdown (1Y) Largest decline over 1 year	-7.17%	-7.81%	+0.64%
Max Drawdown (3Y) Largest decline over 3 years	-12.19%	-10.32%	-1.87%
Max Drawdown (5Y) Largest decline over 5 years	-23.78%	-25.37%	+1.59%
Max Drawdown (10Y) Largest decline over 10 years	-25.07%	—	—
Current Drawdown Current decline from peak	0.00%	-3.70%	+3.70%
Average Drawdown Average peak-to-trough decline	-6.41%	-4.82%	-1.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.62%	2.33%	-0.71%

Volatility

GOIIX vs. GSIMX - Volatility Comparison

Goldman Sachs Growth and Income Strategy Portfolio (GOIIX) and Goldman Sachs GQG Partners International Opportunities Fund (GSIMX) have volatilities of 2.65% and 2.77%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GOIIX	GSIMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.65%	2.77%	-0.12%
Volatility (6M) Calculated over the trailing 6-month period	6.99%	7.89%	-0.90%
Volatility (1Y) Calculated over the trailing 1-year period	8.69%	9.66%	-0.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.65%	14.36%	-3.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.27%	15.69%	-4.42%

GOIIX vs. GSIMX - Expense Ratio Comparison

GOIIX has a 0.19% expense ratio, which is lower than GSIMX's 0.76% expense ratio.

Dividends

GOIIX vs. GSIMX - Dividend Comparison

GOIIX's dividend yield for the trailing twelve months is around 7.96%, more than GSIMX's 4.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GOIIX Goldman Sachs Growth and Income Strategy Portfolio	7.96%	7.98%	9.79%	1.97%	5.09%	6.80%	3.47%	2.29%	3.04%	2.73%	1.37%	3.99%
GSIMX Goldman Sachs GQG Partners International Opportunities Fund	4.81%	5.12%	11.18%	2.36%	4.89%	2.23%	0.18%	0.65%	0.53%	0.16%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GOIIX and GSIMX in my portfolio?

GOIIX and GSIMX have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GOIIX or GSIMX?

GSIMX has higher volatility (2.77%) compared to GOIIX (2.65%). In terms of maximum drawdown, GOIIX dropped -43.63% vs GSIMX's -28.84%.

Which has better risk-adjusted returns?

GOIIX currently has the higher Sharpe Ratio (2.37 vs 1.27), 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.