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GSBFX vs. CAIBX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


GSBFXCAIBX
YTD Return10.21%13.05%
1Y Return20.17%23.06%
3Y Return (Ann)4.22%6.32%
5Y Return (Ann)6.64%7.47%
10Y Return (Ann)5.78%6.21%
Sharpe Ratio3.402.95
Sortino Ratio5.114.22
Omega Ratio1.691.57
Calmar Ratio1.962.14
Martin Ratio23.3020.04
Ulcer Index0.90%1.20%
Daily Std Dev6.20%8.11%
Max Drawdown-37.68%-42.73%
Current Drawdown-0.69%-0.46%

Correlation

-0.50.00.51.00.8

The correlation between GSBFX and CAIBX is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

GSBFX vs. CAIBX - Performance Comparison

In the year-to-date period, GSBFX achieves a 10.21% return, which is significantly lower than CAIBX's 13.05% return. Over the past 10 years, GSBFX has underperformed CAIBX with an annualized return of 5.78%, while CAIBX has yielded a comparatively higher 6.21% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%5.00%10.00%MayJuneJulyAugustSeptemberOctober
7.88%
11.16%
GSBFX
CAIBX

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GSBFX vs. CAIBX - Expense Ratio Comparison

GSBFX has a 0.79% expense ratio, which is higher than CAIBX's 0.59% expense ratio.


GSBFX
Goldman Sachs Income Builder Fund
Expense ratio chart for GSBFX: current value at 0.79% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.79%
Expense ratio chart for CAIBX: current value at 0.59% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.59%

Risk-Adjusted Performance

GSBFX vs. CAIBX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Income Builder Fund (GSBFX) and American Funds Capital Income Builder Class A (CAIBX). 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.


GSBFX
Sharpe ratio
The chart of Sharpe ratio for GSBFX, currently valued at 3.40, compared to the broader market0.002.004.003.40
Sortino ratio
The chart of Sortino ratio for GSBFX, currently valued at 5.11, compared to the broader market0.005.0010.005.11
Omega ratio
The chart of Omega ratio for GSBFX, currently valued at 1.69, compared to the broader market1.002.003.004.001.69
Calmar ratio
The chart of Calmar ratio for GSBFX, currently valued at 1.96, compared to the broader market0.005.0010.0015.0020.0025.001.96
Martin ratio
The chart of Martin ratio for GSBFX, currently valued at 23.30, compared to the broader market0.0020.0040.0060.0080.00100.0023.30
CAIBX
Sharpe ratio
The chart of Sharpe ratio for CAIBX, currently valued at 2.95, compared to the broader market0.002.004.002.95
Sortino ratio
The chart of Sortino ratio for CAIBX, currently valued at 4.22, compared to the broader market0.005.0010.004.22
Omega ratio
The chart of Omega ratio for CAIBX, currently valued at 1.57, compared to the broader market1.002.003.004.001.57
Calmar ratio
The chart of Calmar ratio for CAIBX, currently valued at 2.14, compared to the broader market0.005.0010.0015.0020.0025.002.14
Martin ratio
The chart of Martin ratio for CAIBX, currently valued at 20.04, compared to the broader market0.0020.0040.0060.0080.00100.0020.04

GSBFX vs. CAIBX - Sharpe Ratio Comparison

The current GSBFX Sharpe Ratio is 3.40, which roughly equals the CAIBX Sharpe Ratio of 2.95. The chart below compares the historical Sharpe Ratios of GSBFX and CAIBX, offering insights into how both instruments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00MayJuneJulyAugustSeptemberOctober
3.40
2.95
GSBFX
CAIBX

Dividends

GSBFX vs. CAIBX - Dividend Comparison

GSBFX's dividend yield for the trailing twelve months is around 3.93%, more than CAIBX's 3.19% yield.


TTM20232022202120202019201820172016201520142013
GSBFX
Goldman Sachs Income Builder Fund
3.93%4.09%4.10%6.66%3.05%3.52%3.98%3.52%3.78%4.33%4.35%4.59%
CAIBX
American Funds Capital Income Builder Class A
3.19%3.47%3.43%3.14%3.38%4.24%3.79%4.66%3.50%3.60%4.63%3.30%

Drawdowns

GSBFX vs. CAIBX - Drawdown Comparison

The maximum GSBFX drawdown since its inception was -37.68%, smaller than the maximum CAIBX drawdown of -42.73%. Use the drawdown chart below to compare losses from any high point for GSBFX and CAIBX. For additional features, visit the drawdowns tool.


-4.00%-3.00%-2.00%-1.00%0.00%MayJuneJulyAugustSeptemberOctober
-0.69%
-0.46%
GSBFX
CAIBX

Volatility

GSBFX vs. CAIBX - Volatility Comparison

The current volatility for Goldman Sachs Income Builder Fund (GSBFX) is 1.17%, while American Funds Capital Income Builder Class A (CAIBX) has a volatility of 1.69%. This indicates that GSBFX experiences smaller price fluctuations and is considered to be less risky than CAIBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%2.50%3.00%MayJuneJulyAugustSeptemberOctober
1.17%
1.69%
GSBFX
CAIBX