GSDIX vs. SVPFX

Last updated Jul 14, 2026

GSDIX (Goldman Sachs Emerging Markets Debt Fund) and SVPFX (Goldman Sachs Strategic Volatility Premium Fund) are both mutual funds - GSDIX is a Emerging Markets Bonds fund managed by Goldman Sachs, while SVPFX is a Large Cap Blend Equities fund managed by Goldman Sachs. Over the past 5 years, GSDIX returned 2.43%/yr vs 2.15%/yr for SVPFX. At a 0.45 correlation, their price movements are largely independent. GSDIX charges 0.86%/yr vs 0.38%/yr for SVPFX.

Performance

GSDIX vs. SVPFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Emerging Markets Debt Fund (GSDIX) and Goldman Sachs Strategic Volatility Premium Fund (SVPFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GSDIX achieves a 3.24% return, which is significantly higher than SVPFX's 2.00% return.

GSDIX

• 1D: 0.10%
• 1M: 0.07%
• 6M: 3.05%
• YTD: 3.24%
• 1Y: 12.39%
• 3Y*: 10.67%
• 5Y*: 2.43%
• 10Y*: 2.99%

SVPFX

• 1D: 0.00%
• 1M: 0.41%
• 6M: 2.00%
• YTD: 2.00%
• 1Y: 5.61%
• 3Y*: 4.80%
• 5Y*: 2.15%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

GSDIX vs. SVPFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
GSDIX Goldman Sachs Emerging Markets Debt Fund	3.24%	14.46%	5.88%	12.61%	-18.92%	2.09%
SVPFX Goldman Sachs Strategic Volatility Premium Fund	2.00%	4.19%	3.82%	5.30%	-4.37%	0.78%

Correlation

The correlation between GSDIX and SVPFX is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (3Y) Calculated over the trailing 3-year period	0.45
Correlation (5Y) Calculated over the trailing 5-year period	0.46
Correlation (All Time) Calculated using the full available price history since Apr 7, 2021	0.45

Return for Risk

GSDIX vs. SVPFX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GSDIX

GSDIX Risk / Return Rank: 87
GSDIX Sharpe Ratio Rank: 93
GSDIX Sortino Ratio Rank: 94
GSDIX Omega Ratio Rank: 89
GSDIX Calmar Ratio Rank: 75
GSDIX Martin Ratio Rank: 86

SVPFX

SVPFX Risk / Return Rank: 95
SVPFX Sharpe Ratio Rank: 94
SVPFX Sortino Ratio Rank: 93
SVPFX Omega Ratio Rank: 92
SVPFX Calmar Ratio Rank: 98
SVPFX Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GSDIX vs. SVPFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Emerging Markets Debt Fund (GSDIX) and Goldman Sachs Strategic Volatility Premium Fund (SVPFX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GSDIX	SVPFX	Difference
Sharpe ratio: Return per unit of total volatility	2.57	2.65	-0.09
Sortino ratio: Return per unit of downside risk	4.10	3.99	+0.11
Omega ratio: Gain probability vs. loss probability	1.52	1.60	-0.08
Calmar ratio: Return relative to maximum drawdown	2.72	6.48	-3.76
Martin ratio: Return relative to average drawdown	12.18	23.92	-11.74

GSDIX vs. SVPFX - Sharpe Ratio Comparison

The current GSDIX Sharpe Ratio is 2.57, which is comparable to the SVPFX Sharpe Ratio of 2.65. The chart below compares the historical Sharpe Ratios of GSDIX and SVPFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GSDIX vs. SVPFX - Drawdown Comparison

The maximum GSDIX drawdown since its inception was -34.56%, which is greater than SVPFX's maximum drawdown of -6.37%. Use the drawdown chart below to compare losses from any high point for GSDIX and SVPFX.

Drawdown Indicators

	GSDIX	SVPFX	Difference
Max Drawdown Largest peak-to-trough decline	-34.56%	-6.37%	-28.19%
Max Drawdown (1Y) Largest decline over 1 year	-4.47%	-0.91%	-3.56%
Max Drawdown (3Y) Largest decline over 3 years	-6.30%	-5.32%	-0.98%
Max Drawdown (5Y) Largest decline over 5 years	-31.65%	-6.37%	-25.28%
Max Drawdown (10Y) Largest decline over 10 years	-31.65%	—	—
Current Drawdown Current decline from peak	-0.41%	-0.20%	-0.21%
Average Drawdown Average peak-to-trough decline	-4.65%	-1.89%	-2.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.00%	0.39%	+0.61%

Volatility

GSDIX vs. SVPFX - Volatility Comparison

Goldman Sachs Emerging Markets Debt Fund (GSDIX) has a higher volatility of 1.13% compared to Goldman Sachs Strategic Volatility Premium Fund (SVPFX) at 0.78%. This indicates that GSDIX's price experiences larger fluctuations and is considered to be riskier than SVPFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GSDIX	SVPFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.13%	0.78%	+0.35%
Volatility (6M) Calculated over the trailing 6-month period	3.98%	1.75%	+2.23%
Volatility (1Y) Calculated over the trailing 1-year period	4.74%	2.22%	+2.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.30%	5.61%	+1.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.26%	5.47%	+1.79%

GSDIX vs. SVPFX - Expense Ratio Comparison

GSDIX has a 0.86% expense ratio, which is higher than SVPFX's 0.38% expense ratio.

Dividends

GSDIX vs. SVPFX - Dividend Comparison

GSDIX's dividend yield for the trailing twelve months is around 5.45%, more than SVPFX's 3.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GSDIX Goldman Sachs Emerging Markets Debt Fund	5.45%	5.62%	4.66%	4.83%	9.31%	4.00%	3.69%	4.41%	4.78%	4.87%	5.25%	5.34%
SVPFX Goldman Sachs Strategic Volatility Premium Fund	3.19%	1.83%	4.37%	4.29%	0.76%	0.38%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both GSDIX and SVPFX in my portfolio?

GSDIX and SVPFX have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GSDIX or SVPFX?

GSDIX has higher volatility (1.13%) compared to SVPFX (0.78%). In terms of maximum drawdown, GSDIX dropped -34.56% vs SVPFX's -6.37%.

Which has better risk-adjusted returns?

SVPFX currently has the higher Sharpe Ratio (2.65 vs 2.57), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.