GSBD vs. SPY
Compare and contrast key facts about Goldman Sachs BDC, Inc. (GSBD) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GSBD or SPY.
Correlation
The correlation between GSBD and SPY is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GSBD vs. SPY - Performance Comparison
Key characteristics
GSBD:
-0.15
SPY:
1.75
GSBD:
-0.10
SPY:
2.36
GSBD:
0.99
SPY:
1.32
GSBD:
-0.12
SPY:
2.66
GSBD:
-0.23
SPY:
11.01
GSBD:
9.36%
SPY:
2.03%
GSBD:
14.73%
SPY:
12.77%
GSBD:
-62.67%
SPY:
-55.19%
GSBD:
-9.39%
SPY:
-2.12%
Returns By Period
In the year-to-date period, GSBD achieves a 9.09% return, which is significantly higher than SPY's 2.36% return.
GSBD
9.09%
4.93%
-0.38%
-2.89%
2.40%
N/A
SPY
2.36%
-1.61%
7.41%
19.65%
15.00%
12.97%
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Risk-Adjusted Performance
GSBD vs. SPY — Risk-Adjusted Performance Rank
GSBD
SPY
GSBD vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs BDC, Inc. (GSBD) and SPDR S&P 500 ETF (SPY). 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.
Dividends
GSBD vs. SPY - Dividend Comparison
GSBD's dividend yield for the trailing twelve months is around 13.64%, more than SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSBD Goldman Sachs BDC, Inc. | 13.64% | 14.88% | 12.29% | 13.12% | 10.18% | 9.41% | 8.46% | 9.79% | 8.12% | 7.65% | 9.47% | 0.00% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
GSBD vs. SPY - Drawdown Comparison
The maximum GSBD drawdown since its inception was -62.67%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GSBD and SPY. For additional features, visit the drawdowns tool.
Volatility
GSBD vs. SPY - Volatility Comparison
Goldman Sachs BDC, Inc. (GSBD) has a higher volatility of 4.58% compared to SPDR S&P 500 ETF (SPY) at 3.38%. This indicates that GSBD's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.