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.
Key characteristics
| GSCMX | VOO | |
|---|---|---|
| YTD Return | 7.12% | 19.06% |
| 1Y Return | 13.14% | 26.65% |
| 3Y Return (Ann) | 1.65% | 9.85% |
| Sharpe Ratio | 3.54 | 2.18 |
| Daily Std Dev | 3.71% | 12.72% |
| Max Drawdown | -20.12% | -33.99% |
| Current Drawdown | 0.00% | -0.48% |
Correlation
The correlation between GSCMX and VOO is 0.39, 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
GSCMX vs. VOO - Performance Comparison
In the year-to-date period, GSCMX achieves a 7.12% return, which is significantly lower than VOO's 19.06% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 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.
Dividends
GSCMX vs. VOO - Dividend Comparison
GSCMX's dividend yield for the trailing twelve months is around 5.78%, more than VOO's 1.28% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSCMX Goldman Sachs Income Fund | 5.78% | 5.69% | 7.35% | 4.41% | 3.95% | 0.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.28% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
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. For additional features, visit the drawdowns tool.
Volatility
GSCMX vs. VOO - Volatility Comparison
The current volatility for Goldman Sachs Income Fund (GSCMX) is 0.61%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.25%. 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.