GREIX vs. GCGIX

Last updated Jun 25, 2026

GREIX (Goldman Sachs Real Estate Securities Fund) and GCGIX (Goldman Sachs Large Cap Growth Insights Fund) are both mutual funds - GREIX is a REIT fund managed by Goldman Sachs, while GCGIX is a Large Cap Growth Equities fund managed by Goldman Sachs. Over the past 10 years, GREIX returned 5.67%/yr vs 17.69%/yr for GCGIX. A 0.54 correlation means they provide meaningful diversification when combined. GREIX charges 0.91%/yr vs 0.54%/yr for GCGIX.

Performance

GREIX vs. GCGIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Real Estate Securities Fund (GREIX) and Goldman Sachs Large Cap Growth Insights Fund (GCGIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GREIX achieves a 14.23% return, which is significantly higher than GCGIX's -1.07% return. Over the past 10 years, GREIX has underperformed GCGIX with an annualized return of 5.67%, while GCGIX has yielded a comparatively higher 17.69% annualized return.

GREIX

• 1D: 1.33%
• 1M: 1.43%
• YTD: 14.23%
• 6M: 13.97%
• 1Y: 11.22%
• 3Y*: 13.27%
• 5Y*: 4.43%
• 10Y*: 5.67%

GCGIX

• 1D: -1.47%
• 1M: -4.49%
• YTD: -1.07%
• 6M: -2.58%
• 1Y: 13.05%
• 3Y*: 24.84%
• 5Y*: 13.97%
• 10Y*: 17.69%

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

GREIX vs. GCGIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GREIX Goldman Sachs Real Estate Securities Fund	14.23%	-0.70%	11.77%	17.05%	-28.76%	44.65%	-7.53%	25.70%	-5.03%	2.55%
GCGIX Goldman Sachs Large Cap Growth Insights Fund	-1.07%	15.51%	53.44%	37.56%	-29.62%	29.10%	32.21%	29.70%	-4.58%	29.75%

Correlation

The correlation between GREIX and GCGIX is 0.02, 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	0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (5Y) Calculated over the trailing 5-year period	0.46
Correlation (10Y) Calculated over the trailing 10-year period	0.44
Correlation (All Time) Calculated using the full available price history since Jan 4, 1999	0.54

Over the past year, the correlation between GREIX and GCGIX has dropped to 0.02 - well below their long-term average of 0.54, suggesting their price drivers have been diverging.

Return for Risk

GREIX vs. GCGIX — Risk / Return Rank

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

GREIX

GREIX Risk / Return Rank: 15
GREIX Sharpe Ratio Rank: 13
GREIX Sortino Ratio Rank: 12
GREIX Omega Ratio Rank: 12
GREIX Calmar Ratio Rank: 20
GREIX Martin Ratio Rank: 18

GCGIX

GCGIX Risk / Return Rank: 12
GCGIX Sharpe Ratio Rank: 13
GCGIX Sortino Ratio Rank: 13
GCGIX Omega Ratio Rank: 13
GCGIX Calmar Ratio Rank: 10
GCGIX Martin Ratio Rank: 11

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.

GREIX vs. GCGIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Real Estate Securities Fund (GREIX) and Goldman Sachs Large Cap Growth Insights Fund (GCGIX). 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.

	GREIX	GCGIX	Difference
Sharpe ratio: Return per unit of total volatility	0.85	0.91	-0.06
Sortino ratio: Return per unit of downside risk	1.21	1.31	-0.10
Omega ratio: Gain probability vs. loss probability	1.15	1.17	-0.01
Calmar ratio: Return relative to maximum drawdown	1.45	0.86	+0.59
Martin ratio: Return relative to average drawdown	4.11	2.75	+1.37

GREIX vs. GCGIX - Sharpe Ratio Comparison

The current GREIX Sharpe Ratio is 0.85, which is comparable to the GCGIX Sharpe Ratio of 0.91. The chart below compares the historical Sharpe Ratios of GREIX and GCGIX, 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

GREIX vs. GCGIX - Drawdown Comparison

The maximum GREIX drawdown since its inception was -74.21%, which is greater than GCGIX's maximum drawdown of -65.78%. Use the drawdown chart below to compare losses from any high point for GREIX and GCGIX.

Drawdown Indicators

	GREIX	GCGIX	Difference
Max Drawdown Largest peak-to-trough decline	-74.21%	-65.78%	-8.43%
Max Drawdown (1Y) Largest decline over 1 year	-8.13%	-17.25%	+9.12%
Max Drawdown (3Y) Largest decline over 3 years	-16.73%	-25.10%	+8.37%
Max Drawdown (5Y) Largest decline over 5 years	-34.43%	-32.57%	-1.86%
Max Drawdown (10Y) Largest decline over 10 years	-42.98%	-32.94%	-10.04%
Current Drawdown Current decline from peak	-0.40%	-7.11%	+6.71%
Average Drawdown Average peak-to-trough decline	-12.78%	-20.79%	+8.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.85%	5.38%	-2.53%

Volatility

GREIX vs. GCGIX - Volatility Comparison

The current volatility for Goldman Sachs Real Estate Securities Fund (GREIX) is 5.27%, while Goldman Sachs Large Cap Growth Insights Fund (GCGIX) has a volatility of 5.81%. This indicates that GREIX experiences smaller price fluctuations and is considered to be less risky than GCGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GREIX	GCGIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.27%	5.81%	-0.54%
Volatility (6M) Calculated over the trailing 6-month period	10.42%	12.79%	-2.37%
Volatility (1Y) Calculated over the trailing 1-year period	13.97%	16.43%	-2.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.41%	22.35%	-2.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.02%	21.59%	-0.57%

GREIX vs. GCGIX - Expense Ratio Comparison

GREIX has a 0.91% expense ratio, which is higher than GCGIX's 0.54% expense ratio.

Dividends

GREIX vs. GCGIX - Dividend Comparison

GREIX's dividend yield for the trailing twelve months is around 32.41%, more than GCGIX's 7.58% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GCGIX Goldman Sachs Large Cap Growth Insights Fund	7.58%	7.50%	23.16%	7.08%	19.27%	42.43%	9.71%	4.02%	10.10%	4.76%	0.76%	0.87%
GREIX Goldman Sachs Real Estate Securities Fund	32.41%	35.97%	12.22%	4.00%	3.54%	6.27%	10.16%	18.31%	17.65%	20.54%	12.29%	4.46%

Frequently Asked Questions

Can I hold both GREIX and GCGIX in my portfolio?

GREIX and GCGIX have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GREIX or GCGIX?

GCGIX has higher volatility (5.81%) compared to GREIX (5.27%). In terms of maximum drawdown, GREIX dropped -74.21% vs GCGIX's -65.78%.

Which has better risk-adjusted returns?

GCGIX currently has the higher Sharpe Ratio (0.91 vs 0.85), 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.