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

Key characteristics


GSBFXVOO
YTD Return9.27%23.27%
1Y Return21.04%40.74%
3Y Return (Ann)3.56%9.79%
5Y Return (Ann)6.16%15.52%
10Y Return (Ann)5.42%13.22%
Sharpe Ratio3.553.45
Sortino Ratio5.424.57
Omega Ratio1.741.65
Calmar Ratio2.124.15
Martin Ratio25.8622.76
Ulcer Index0.83%1.83%
Daily Std Dev6.03%12.05%
Max Drawdown-37.68%-33.99%
Current Drawdown-1.57%-0.78%

Correlation

-0.50.00.51.00.9

The correlation between GSBFX and VOO is 0.88, 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. VOO - Performance Comparison

In the year-to-date period, GSBFX achieves a 9.27% return, which is significantly lower than VOO's 23.27% return. Over the past 10 years, GSBFX has underperformed VOO with an annualized return of 5.42%, while VOO has yielded a comparatively higher 13.22% 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%15.00%JuneJulyAugustSeptemberOctober
7.53%
15.62%
GSBFX
VOO

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GSBFX vs. VOO - Expense Ratio Comparison

GSBFX has a 0.79% expense ratio, which is higher than VOO's 0.03% 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 VOO: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Risk-Adjusted Performance

GSBFX vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Income Builder Fund (GSBFX) and Vanguard S&P 500 ETF (VOO). 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 3.55, compared to the broader market-2.000.002.004.003.55
Sortino ratio
The chart of Sortino ratio for GSBFX, currently valued at 5.42, compared to the broader market0.005.0010.005.42
Omega ratio
The chart of Omega ratio for GSBFX, currently valued at 1.74, compared to the broader market1.002.003.004.001.74
Calmar ratio
The chart of Calmar ratio for GSBFX, currently valued at 2.12, compared to the broader market0.005.0010.0015.0020.002.12
Martin ratio
The chart of Martin ratio for GSBFX, currently valued at 25.86, compared to the broader market0.0020.0040.0060.0080.0025.86
VOO
Sharpe ratio
The chart of Sharpe ratio for VOO, currently valued at 3.45, compared to the broader market-2.000.002.004.003.45
Sortino ratio
The chart of Sortino ratio for VOO, currently valued at 4.57, compared to the broader market0.005.0010.004.57
Omega ratio
The chart of Omega ratio for VOO, currently valued at 1.65, compared to the broader market1.002.003.004.001.65
Calmar ratio
The chart of Calmar ratio for VOO, currently valued at 4.15, compared to the broader market0.005.0010.0015.0020.004.15
Martin ratio
The chart of Martin ratio for VOO, currently valued at 22.76, compared to the broader market0.0020.0040.0060.0080.0022.76

GSBFX vs. VOO - Sharpe Ratio Comparison

The current GSBFX Sharpe Ratio is 3.55, which is comparable to the VOO Sharpe Ratio of 3.45. The chart below compares the historical Sharpe Ratios of GSBFX and VOO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.502.002.503.003.50JuneJulyAugustSeptemberOctober
3.55
3.45
GSBFX
VOO

Dividends

GSBFX vs. VOO - Dividend Comparison

GSBFX's dividend yield for the trailing twelve months is around 3.65%, more than VOO's 1.27% yield.


TTM20232022202120202019201820172016201520142013
GSBFX
Goldman Sachs Income Builder Fund
3.65%4.09%4.10%6.66%3.05%3.52%3.98%3.52%3.78%4.33%4.35%4.59%
VOO
Vanguard S&P 500 ETF
1.27%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

GSBFX vs. VOO - Drawdown Comparison

The maximum GSBFX drawdown since its inception was -37.68%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for GSBFX and VOO. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctober
-1.57%
-0.78%
GSBFX
VOO

Volatility

GSBFX vs. VOO - Volatility Comparison

The current volatility for Goldman Sachs Income Builder Fund (GSBFX) is 1.22%, while Vanguard S&P 500 ETF (VOO) has a volatility of 2.50%. This indicates that GSBFX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctober
1.22%
2.50%
GSBFX
VOO