GREIX vs. VGSLX
GREIX (Goldman Sachs Real Estate Securities Fund) and VGSLX (Vanguard Real Estate Index Fund Admiral Shares) are both REIT funds. Over the past 10 years, GREIX returned 5.35%/yr vs 5.16%/yr for VGSLX. With a 0.99 correlation, they move nearly in lockstep. GREIX charges 0.91%/yr vs 0.13%/yr for VGSLX.
Performance
GREIX vs. VGSLX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GREIX achieves a 11.36% return, which is significantly higher than VGSLX's 9.18% return. Both investments have delivered pretty close results over the past 10 years, with GREIX having a 5.35% annualized return and VGSLX not far behind at 5.16%.
GREIX
- 1D
- -0.10%
- 1M
- -1.12%
- YTD
- 11.36%
- 6M
- 11.87%
- 1Y
- 10.30%
- 3Y*
- 10.59%
- 5Y*
- 4.12%
- 10Y*
- 5.35%
VGSLX
- 1D
- -0.03%
- 1M
- -1.24%
- YTD
- 9.18%
- 6M
- 9.43%
- 1Y
- 10.58%
- 3Y*
- 8.72%
- 5Y*
- 2.56%
- 10Y*
- 5.16%
GREIX vs. VGSLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GREIX Goldman Sachs Real Estate Securities Fund | 11.36% | -0.70% | 11.77% | 17.05% | -28.76% | 44.65% | -7.53% | 25.70% | -5.03% | 2.55% |
VGSLX Vanguard Real Estate Index Fund Admiral Shares | 9.18% | 3.18% | 3.67% | 13.13% | -26.20% | 40.39% | -4.75% | 28.90% | -5.99% | 4.91% |
Correlation
The correlation between GREIX and VGSLX is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.98 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.96 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.97 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.98 |
Correlation (All Time) Calculated using the full available price history since Nov 12, 2001 | 0.99 |
The correlation between GREIX and VGSLX has been stable across timeframes, ranging from 0.96 to 0.99 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GREIX vs. VGSLX — Risk / Return Rank
GREIX
VGSLX
GREIX vs. VGSLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Real Estate Securities Fund (GREIX) and Vanguard Real Estate Index Fund Admiral Shares (VGSLX). 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 | VGSLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | -0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.14 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.27 | 1.27 | 0.00 |
| Martin ratioReturn relative to average drawdown | 3.60 | 3.98 | -0.37 |
Loading charts...
Drawdowns
GREIX vs. VGSLX - Drawdown Comparison
The maximum GREIX drawdown since its inception was -74.21%, roughly equal to the maximum VGSLX drawdown of -73.05%. Use the drawdown chart below to compare losses from any high point for GREIX and VGSLX.
Loading charts...
Drawdown Indicators
| GREIX | VGSLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.21% | -73.05% | -1.16% |
Max Drawdown (1Y)Largest decline over 1 year | -8.13% | -8.33% | +0.20% |
Max Drawdown (3Y)Largest decline over 3 years | -16.73% | -17.41% | +0.68% |
Max Drawdown (5Y)Largest decline over 5 years | -34.43% | -34.41% | -0.02% |
Max Drawdown (10Y)Largest decline over 10 years | -42.98% | -42.34% | -0.64% |
Current DrawdownCurrent decline from peak | -2.91% | -3.02% | +0.11% |
Average DrawdownAverage peak-to-trough decline | -12.79% | -12.56% | -0.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.85% | 2.65% | +0.20% |
Volatility
GREIX vs. VGSLX - Volatility Comparison
Goldman Sachs Real Estate Securities Fund (GREIX) and Vanguard Real Estate Index Fund Admiral Shares (VGSLX) have volatilities of 5.11% and 5.10%, 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.
Loading charts...
Volatility by Period
| GREIX | VGSLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.11% | 5.10% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 10.34% | 10.12% | +0.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.86% | 13.76% | +0.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.41% | 18.93% | +0.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.01% | 20.88% | +0.13% |
GREIX vs. VGSLX - Expense Ratio Comparison
GREIX has a 0.91% expense ratio, which is higher than VGSLX's 0.13% expense ratio.
Dividends
GREIX vs. VGSLX - Dividend Comparison
GREIX's dividend yield for the trailing twelve months is around 33.25%, more than VGSLX's 3.65% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GREIX Goldman Sachs Real Estate Securities Fund | 33.25% | 35.97% | 12.22% | 4.00% | 3.54% | 6.27% | 10.16% | 18.31% | 17.65% | 20.54% | 12.29% | 4.46% |
VGSLX Vanguard Real Estate Index Fund Admiral Shares | 3.65% | 3.92% | 3.85% | 3.91% | 3.91% | 2.56% | 3.92% | 3.39% | 4.73% | 4.23% | 4.82% | 3.92% |
Frequently Asked Questions
With a correlation of 0.98, GREIX and VGSLX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
GREIX has higher volatility (5.11%) compared to VGSLX (5.10%). In terms of maximum drawdown, GREIX dropped -74.21% vs VGSLX's -73.05%.
VGSLX currently has the higher Sharpe Ratio (0.77 vs 0.74), 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.
Find the right allocation for GREIX and VGSLX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer