Correlation
The correlation between GSCMX and VOO is 0.37, 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.
GSCMX vs. VOO
Compare and contrast key facts about Goldman Sachs Income Fund (GSCMX) and Vanguard S&P 500 ETF (VOO).
GSCMX is managed by Goldman Sachs. It was launched on Dec 2, 2019. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GSCMX or VOO.
Performance
GSCMX vs. VOO - Performance Comparison
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Key characteristics
GSCMX:
2.39
VOO:
0.70
GSCMX:
3.46
VOO:
1.05
GSCMX:
1.50
VOO:
1.15
GSCMX:
2.93
VOO:
0.69
GSCMX:
9.26
VOO:
2.62
GSCMX:
0.83%
VOO:
4.93%
GSCMX:
3.38%
VOO:
19.55%
GSCMX:
-20.12%
VOO:
-33.99%
GSCMX:
0.00%
VOO:
-3.45%
Returns By Period
In the year-to-date period, GSCMX achieves a 2.62% return, which is significantly higher than VOO's 1.00% return.
GSCMX
2.62%
0.71%
2.67%
8.03%
6.15%
4.00%
N/A
VOO
1.00%
6.44%
-0.84%
13.62%
14.14%
15.91%
12.81%
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GSCMX vs. VOO - Expense Ratio Comparison
GSCMX has a 0.72% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
GSCMX vs. VOO — Risk-Adjusted Performance Rank
GSCMX
VOO
GSCMX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Income Fund (GSCMX) 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.
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Dividends
GSCMX vs. VOO - Dividend Comparison
GSCMX's dividend yield for the trailing twelve months is around 5.44%, more than VOO's 1.29% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSCMX Goldman Sachs Income Fund | 5.44% | 5.90% | 5.70% | 7.35% | 4.42% | 3.95% | 0.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.29% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
GSCMX vs. VOO - Drawdown Comparison
The maximum GSCMX drawdown since its inception was -20.12%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for GSCMX and VOO.
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Volatility
GSCMX vs. VOO - Volatility Comparison
The current volatility for Goldman Sachs Income Fund (GSCMX) is 0.84%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.83%. This indicates that GSCMX 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.
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