GS vs. KKR
GS (The Goldman Sachs Group, Inc.) and KKR (KKR & Co. Inc.) are both stocks. Both are in the Financial Services sector — GS in Capital Markets, KKR in Asset Management. Over the past 10 years, GS returned 24.48%/yr vs 24.52%/yr for KKR. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
GS vs. KKR - Performance Comparison
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Returns By Period
In the year-to-date period, GS achieves a 22.08% return, which is significantly higher than KKR's -24.22% return. Both investments have delivered pretty close results over the past 10 years, with GS having a 24.48% annualized return and KKR not far ahead at 24.52%.
GS
- 1D
- 2.62%
- 1M
- 12.54%
- YTD
- 22.08%
- 6M
- 20.84%
- 1Y
- 76.70%
- 3Y*
- 49.31%
- 5Y*
- 25.98%
- 10Y*
- 24.48%
KKR
- 1D
- 0.99%
- 1M
- -0.75%
- YTD
- -24.22%
- 6M
- -29.28%
- 1Y
- -20.15%
- 3Y*
- 19.99%
- 5Y*
- 12.18%
- 10Y*
- 24.52%
GS vs. KKR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GS The Goldman Sachs Group, Inc. | 22.08% | 56.64% | 52.03% | 15.91% | -7.87% | 47.61% | 17.45% | 40.48% | -33.53% | 7.73% |
KKR KKR & Co. Inc. | -24.22% | -13.32% | 79.65% | 80.48% | -36.98% | 85.76% | 41.13% | 51.57% | -4.28% | 41.78% |
Correlation
The correlation between GS and KKR is 0.52, 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 | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.62 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Jul 15, 2010 | 0.54 |
The correlation between GS and KKR has been stable across timeframes, ranging from 0.52 to 0.62 - a consistent structural relationship.
Fundamentals
GS:
$327.33B
KKR:
$91.83B
GS:
$57.41
KKR:
$3.10
GS:
18.51
KKR:
31.02
GS:
2.40
KKR:
3.27
GS:
3.02
KKR:
4.60
GS:
2.66
KKR:
1.14
GS:
$110.77B
KKR:
$19.99B
GS:
$61.53B
KKR:
$8.35B
GS:
$24.94B
KKR:
$9.97B
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Return for Risk
GS vs. KKR — Risk / Return Rank
GS
KKR
GS vs. KKR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Goldman Sachs Group, Inc. (GS) and KKR & Co. Inc. (KKR). 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.
| GS | KKR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.19 | ||
| Sortino ratioReturn per unit of downside risk | +3.86 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 0.92 | +0.50 |
| Calmar ratioReturn relative to maximum drawdown | 3.80 | -0.51 | +4.31 |
| Martin ratioReturn relative to average drawdown | 12.61 | -0.92 | +13.53 |
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Drawdowns
GS vs. KKR - Drawdown Comparison
The maximum GS drawdown since its inception was -78.84%, which is greater than KKR's maximum drawdown of -53.10%. Use the drawdown chart below to compare losses from any high point for GS and KKR.
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Drawdown Indicators
| GS | KKR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.84% | -53.10% | -25.74% |
Max Drawdown (1Y)Largest decline over 1 year | -19.42% | -44.62% | +25.20% |
Max Drawdown (3Y)Largest decline over 3 years | -30.90% | -49.42% | +18.52% |
Max Drawdown (5Y)Largest decline over 5 years | -32.84% | -49.42% | +16.58% |
Max Drawdown (10Y)Largest decline over 10 years | -48.75% | -49.42% | +0.67% |
Current DrawdownCurrent decline from peak | -2.73% | -41.85% | +39.12% |
Average DrawdownAverage peak-to-trough decline | -22.65% | -16.22% | -6.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.84% | 24.65% | -18.81% |
Volatility
GS vs. KKR - Volatility Comparison
The Goldman Sachs Group, Inc. (GS) has a higher volatility of 11.84% compared to KKR & Co. Inc. (KKR) at 9.89%. This indicates that GS's price experiences larger fluctuations and is considered to be riskier than KKR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GS | KKR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.84% | 9.89% | +1.95% |
Volatility (6M)Calculated over the trailing 6-month period | 23.47% | 29.26% | -5.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.55% | 37.32% | -8.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.10% | 39.23% | -11.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.87% | 36.62% | -6.75% |
Dividends
GS vs. KKR - Dividend Comparison
GS's dividend yield for the trailing twelve months is around 1.60%, more than KKR's 0.78% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GS The Goldman Sachs Group, Inc. | 1.60% | 1.59% | 2.01% | 2.72% | 2.62% | 1.70% | 1.90% | 1.80% | 1.89% | 1.14% | 1.09% | 1.41% |
KKR KKR & Co. Inc. | 0.78% | 0.57% | 0.47% | 0.78% | 1.31% | 0.77% | 1.31% | 1.71% | 3.23% | 3.18% | 4.16% | 10.13% |
Financials
GS vs. KKR - Financials Comparison
This section allows you to compare key financial metrics between The Goldman Sachs Group, Inc. and KKR & Co. Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
GS vs. KKR - Profitability Comparison
GS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Goldman Sachs Group, Inc. reported a gross profit of 16.91B and revenue of 17.23B. Therefore, the gross margin over that period was 98.2%.
KKR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, KKR & Co. Inc. reported a gross profit of 3.98B and revenue of 4.00B. Therefore, the gross margin over that period was 99.5%.
GS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Goldman Sachs Group, Inc. reported an operating income of 6.49B and revenue of 17.23B, resulting in an operating margin of 37.7%.
KKR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, KKR & Co. Inc. reported an operating income of 205.35M and revenue of 4.00B, resulting in an operating margin of 5.1%.
GS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Goldman Sachs Group, Inc. reported a net income of 5.63B and revenue of 17.23B, resulting in a net margin of 32.7%.
KKR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, KKR & Co. Inc. reported a net income of 405.23M and revenue of 4.00B, resulting in a net margin of 10.1%.
Frequently Asked Questions
GS and KKR have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GS has higher volatility (11.84%) compared to KKR (9.89%). In terms of maximum drawdown, GS dropped -78.84% vs KKR's -53.10%.
GS currently has the higher Sharpe Ratio (2.59 vs -0.61), 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.
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