GPINX vs. GPICX

Last updated Aug 4, 2026

GPINX (Guidepath Income Fund) and GPICX (GuidepathConservative Income Fund) are both mutual funds - GPINX is a Intermediate Core-Plus Bond fund managed by GuidePath, while GPICX is a Short-Term Bond fund managed by GuidePath. Over the past 5 years, GPINX returned -0.50%/yr vs 2.48%/yr for GPICX. Their 0.47 correlation means their historical movements had little consistent relationship. GPINX charges 1.14%/yr vs 0.75%/yr for GPICX.

Performance

GPINX vs. GPICX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Guidepath Income Fund (GPINX) and GuidepathConservative Income Fund (GPICX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GPINX achieves a -1.40% return, which is significantly lower than GPICX's 1.48% return.

GPINX

• 1D: -0.24%
• 1M: -1.08%
• 6M: -1.75%
• YTD: -1.40%
• 1Y: 1.32%
• 3Y*: 4.38%
• 5Y*: -0.50%
• 10Y*: —
• ALL TIME*: 0.74%

GPICX

• 1D: 0.00%
• 1M: 0.26%
• 6M: 1.34%
• YTD: 1.48%
• 1Y: 3.09%
• 3Y*: 3.98%
• 5Y*: 2.48%
• 10Y*: —
• ALL TIME*: 1.93%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GPICX GuidepathConservative Income Fund	$0.00	$0.00	$0.00
GPINX Guidepath Income Fund	$0.00	$0.00	$0.00

GPINX vs. GPICX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
GPINX Guidepath Income Fund	-1.40%	6.32%	4.54%	5.20%	-14.36%	-0.75%	1.31%	8.41%	-1.33%
GPICX GuidepathConservative Income Fund	1.48%	3.49%	4.73%	4.87%	-1.67%	0.08%	-0.23%	2.30%	0.80%

Correlation

The correlation between GPINX and GPICX is 0.31, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.31
Correlation (3Y) Balances recent behavior with more history.	0.38
Correlation (5Y) Shows whether the relationship held over a longer period.	0.48
Correlation (All Time) Calculated using the full available price history since Jun 20, 2018	0.47

The correlation between GPINX and GPICX shifts across timeframes, from 0.31 (1 year) to 0.48 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

GPINX vs. GPICX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GPINX

GPINX Risk / Return Rank: 10
GPINX Sharpe Ratio Rank: 11
GPINX Sortino Ratio Rank: 10
GPINX Omega Ratio Rank: 10
GPINX Calmar Ratio Rank: 11
GPINX Martin Ratio Rank: 9

GPICX

GPICX Risk / Return Rank: 99
GPICX Sharpe Ratio Rank: 99
GPICX Sortino Ratio Rank: 99
GPICX Omega Ratio Rank: 99
GPICX Calmar Ratio Rank: 99
GPICX Martin Ratio Rank: 99

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GPINX vs. GPICX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Guidepath Income Fund (GPINX) and GuidepathConservative Income Fund (GPICX). 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.

	GPINX	GPICX	Difference
Sharpe ratio: Return per unit of total volatility	0.48	4.05	-3.57
Sortino ratio: Return per unit of downside risk	0.69	7.80	-7.10
Omega ratio: Gain probability vs. loss probability	1.09	2.90	-1.81
Calmar ratio: Return relative to maximum drawdown	0.57	12.93	-12.35
Martin ratio: Return relative to average drawdown	1.30	66.36	-65.06

GPINX vs. GPICX - Sharpe Ratio Comparison

The current GPINX Sharpe Ratio is 0.48, which is lower than the GPICX Sharpe Ratio of 4.05. The chart below compares the historical Sharpe Ratios of GPINX and GPICX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GPINX vs. GPICX - Drawdown Comparison

The maximum GPINX drawdown since its inception was -19.20%, which is greater than GPICX's maximum drawdown of -3.10%. Use the drawdown chart below to compare losses from any high point for GPINX and GPICX.

Drawdown Indicators

	GPINX	GPICX	Difference
Max Drawdown Largest peak-to-trough decline	-19.20%	-3.10%	-16.10%
Max Drawdown (1Y) Largest decline over 1 year	-3.14%	-0.25%	-2.89%
Max Drawdown (3Y) Largest decline over 3 years	-3.81%	-0.52%	-3.29%
Max Drawdown (5Y) Largest decline over 5 years	-18.98%	-2.77%	-16.21%
Current Drawdown Current decline from peak	-3.14%	0.00%	-3.14%
Average Drawdown Average peak-to-trough decline	-5.95%	-0.55%	-5.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.38%	0.05%	+1.33%

Volatility

GPINX vs. GPICX - Volatility Comparison

Guidepath Income Fund (GPINX) has a higher volatility of 0.96% compared to GuidepathConservative Income Fund (GPICX) at 0.18%. This indicates that GPINX's price experiences larger fluctuations and is considered to be riskier than GPICX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GPINX	GPICX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.96%	0.18%	+0.78%
Volatility (6M) Calculated over the trailing 6-month period	2.93%	0.60%	+2.33%
Volatility (1Y) Calculated over the trailing 1-year period	3.75%	0.79%	+2.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.53%	1.10%	+4.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.18%	1.06%	+4.12%

GPINX vs. GPICX - Expense Ratio Comparison

GPINX has a 1.14% expense ratio, which is higher than GPICX's 0.75% expense ratio.

Dividends

GPINX vs. GPICX - Dividend Comparison

GPINX's dividend yield for the trailing twelve months is around 4.39%, more than GPICX's 3.79% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
GPICX GuidepathConservative Income Fund	3.79%	3.86%	4.53%	4.23%	1.51%	0.48%	0.57%	1.67%	1.30%
GPINX Guidepath Income Fund	4.39%	4.25%	4.34%	3.58%	1.59%	2.26%	1.86%	2.23%	2.04%

Frequently Asked Questions

Can I hold both GPINX and GPICX in my portfolio?

GPINX and GPICX have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GPINX or GPICX?

GPINX has higher volatility (0.96%) compared to GPICX (0.18%). In terms of maximum drawdown, GPINX dropped -19.20% vs GPICX's -3.10%.

Which has better risk-adjusted returns?

GPICX currently has the higher Sharpe Ratio (4.05 vs 0.48), 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.