GOPIX vs. GSXIX

Last updated Jun 25, 2026

GOPIX (abrdn China A Share Equity Fund) and GSXIX (abrdn U.S. Small Cap Equity Fund) are both mutual funds - GOPIX is a China Equities fund managed by Aberdeen, while GSXIX is a Small Cap Growth Equities fund managed by Aberdeen. At a 0.39 correlation, their price movements are largely independent. GOPIX charges 0.99%/yr vs 1.11%/yr for GSXIX.

Performance

GOPIX vs. GSXIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in abrdn China A Share Equity Fund (GOPIX) and abrdn U.S. Small Cap Equity Fund (GSXIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GOPIX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GSXIX

• 1D: -0.94%
• 1M: 6.82%
• YTD: 23.37%
• 6M: 18.39%
• 1Y: 30.55%
• 3Y*: 18.16%
• 5Y*: 13.49%
• 10Y*: 14.68%

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

GOPIX vs. GSXIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GOPIX abrdn China A Share Equity Fund	0.00%	25.89%	5.70%	-24.96%	-22.46%	-3.67%	56.93%	31.74%	-11.87%	35.06%
GSXIX abrdn U.S. Small Cap Equity Fund	23.37%	8.99%	16.00%	11.28%	-25.87%	70.47%	28.48%	25.11%	-13.29%	11.29%

Correlation

The correlation between GOPIX and GSXIX is 0.05, 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	0.05
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (5Y) Calculated over the trailing 5-year period	0.27
Correlation (10Y) Calculated over the trailing 10-year period	0.36
Correlation (All Time) Calculated using the full available price history since Aug 3, 2012	0.39

Over the past year, the correlation between GOPIX and GSXIX has dropped to 0.05 - well below their long-term average of 0.39, suggesting their price drivers have been diverging.

Return for Risk

GOPIX vs. GSXIX — Risk / Return Rank

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

GOPIX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

GSXIX

GSXIX Risk / Return Rank: 57
GSXIX Sharpe Ratio Rank: 48
GSXIX Sortino Ratio Rank: 50
GSXIX Omega Ratio Rank: 41
GSXIX Calmar Ratio Rank: 78
GSXIX Martin Ratio Rank: 68

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.

GOPIX vs. GSXIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for abrdn China A Share Equity Fund (GOPIX) and abrdn U.S. Small Cap Equity Fund (GSXIX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GOPIX	GSXIX	Difference
Sharpe ratio: Return per unit of total volatility	—	1.76	—
Sortino ratio: Return per unit of downside risk	—	2.52	—
Omega ratio: Gain probability vs. loss probability	—	1.29	—
Calmar ratio: Return relative to maximum drawdown	—	3.15	—
Martin ratio: Return relative to average drawdown	—	11.47	—

Drawdowns

Drawdown Indicators

	GOPIX	GSXIX	Difference
Max Drawdown Largest peak-to-trough decline	—	-35.39%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-10.21%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-23.22%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-32.39%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.39%	—
Current Drawdown Current decline from peak	—	-0.94%	—
Average Drawdown Average peak-to-trough decline	—	-7.11%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.80%	—

Volatility

Volatility by Period

	GOPIX	GSXIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.05%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.12%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	18.39%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	25.74%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	23.71%	—

GOPIX vs. GSXIX - Expense Ratio Comparison

GOPIX has a 0.99% expense ratio, which is lower than GSXIX's 1.11% expense ratio.

Dividends

GOPIX vs. GSXIX - Dividend Comparison

GOPIX's dividend yield for the trailing twelve months is around 1.46%, while GSXIX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GOPIX abrdn China A Share Equity Fund	1.46%	1.46%	1.29%	0.79%	0.00%	5.22%	1.42%	4.45%	0.41%	1.24%	1.40%	2.03%
GSXIX abrdn U.S. Small Cap Equity Fund	0.00%	0.00%	0.00%	0.00%	5.42%	44.27%	6.63%	7.30%	13.20%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GOPIX and GSXIX in my portfolio?

GOPIX and GSXIX have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.