GSGDX vs. GCGIX
GSGDX (Goldman Sachs Investment Grade Credit Fund) and GCGIX (Goldman Sachs Large Cap Growth Insights Fund) are both mutual funds - GSGDX is a Corporate Bonds fund managed by Goldman Sachs, while GCGIX is a Large Cap Growth Equities fund managed by Goldman Sachs. Over the past 10 years, GSGDX returned 2.78%/yr vs 17.74%/yr for GCGIX. At a correlation of -0.08, they often move in opposite directions. GSGDX charges 0.38%/yr vs 0.54%/yr for GCGIX.
Performance
GSGDX vs. GCGIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GSGDX achieves a 0.65% return, which is significantly lower than GCGIX's 1.72% return. Over the past 10 years, GSGDX has underperformed GCGIX with an annualized return of 2.78%, while GCGIX has yielded a comparatively higher 17.74% annualized return.
GSGDX
- 1D
- 0.25%
- 1M
- 1.29%
- YTD
- 0.65%
- 6M
- 1.18%
- 1Y
- 5.83%
- 3Y*
- 5.18%
- 5Y*
- 0.12%
- 10Y*
- 2.78%
GCGIX
- 1D
- 1.25%
- 1M
- -1.79%
- YTD
- 1.72%
- 6M
- 0.84%
- 1Y
- 19.26%
- 3Y*
- 25.50%
- 5Y*
- 15.14%
- 10Y*
- 17.74%
GSGDX vs. GCGIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GSGDX Goldman Sachs Investment Grade Credit Fund | 0.65% | 8.23% | 1.93% | 8.81% | -17.33% | -0.97% | 10.12% | 16.83% | -2.55% | 6.49% |
GCGIX Goldman Sachs Large Cap Growth Insights Fund | 1.72% | 15.51% | 53.44% | 37.56% | -29.62% | 29.10% | 32.21% | 29.70% | -4.58% | 29.75% |
Correlation
The correlation between GSGDX and GCGIX is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2004 | -0.08 |
The correlation between GSGDX and GCGIX shifts across timeframes, from -0.08 (all time) to 0.33 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GSGDX vs. GCGIX — Risk / Return Rank
GSGDX
GCGIX
GSGDX vs. GCGIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Investment Grade Credit Fund (GSGDX) and Goldman Sachs Large Cap Growth Insights Fund (GCGIX). 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.
| GSGDX | GCGIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.20 | ||
| Sortino ratioReturn per unit of downside risk | +0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.21 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.71 | 1.09 | +0.62 |
| Martin ratioReturn relative to average drawdown | 5.63 | 3.50 | +2.13 |
Loading charts...
Drawdowns
GSGDX vs. GCGIX - Drawdown Comparison
The maximum GSGDX drawdown since its inception was -23.48%, smaller than the maximum GCGIX drawdown of -65.78%. Use the drawdown chart below to compare losses from any high point for GSGDX and GCGIX.
Loading charts...
Drawdown Indicators
| GSGDX | GCGIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.48% | -65.78% | +42.30% |
Max Drawdown (1Y)Largest decline over 1 year | -3.52% | -17.25% | +13.73% |
Max Drawdown (3Y)Largest decline over 3 years | -6.98% | -25.10% | +18.12% |
Max Drawdown (5Y)Largest decline over 5 years | -23.48% | -32.57% | +9.09% |
Max Drawdown (10Y)Largest decline over 10 years | -23.48% | -32.94% | +9.46% |
Current DrawdownCurrent decline from peak | -1.36% | -4.49% | +3.13% |
Average DrawdownAverage peak-to-trough decline | -3.87% | -20.80% | +16.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.06% | 5.35% | -4.29% |
Volatility
GSGDX vs. GCGIX - Volatility Comparison
The current volatility for Goldman Sachs Investment Grade Credit Fund (GSGDX) is 1.37%, while Goldman Sachs Large Cap Growth Insights Fund (GCGIX) has a volatility of 5.67%. This indicates that GSGDX experiences smaller price fluctuations and is considered to be less risky than GCGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GSGDX | GCGIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.37% | 5.67% | -4.30% |
Volatility (6M)Calculated over the trailing 6-month period | 3.43% | 12.76% | -9.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.46% | 16.31% | -11.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.85% | 22.33% | -15.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.41% | 21.60% | -15.19% |
GSGDX vs. GCGIX - Expense Ratio Comparison
GSGDX has a 0.38% expense ratio, which is lower than GCGIX's 0.54% expense ratio.
Dividends
GSGDX vs. GCGIX - Dividend Comparison
GSGDX's dividend yield for the trailing twelve months is around 4.82%, less than GCGIX's 7.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GCGIX Goldman Sachs Large Cap Growth Insights Fund | 7.37% | 7.50% | 23.16% | 7.08% | 19.27% | 42.43% | 9.71% | 4.02% | 10.10% | 4.76% | 0.76% | 0.87% |
GSGDX Goldman Sachs Investment Grade Credit Fund | 4.82% | 4.75% | 3.94% | 3.52% | 2.74% | 5.10% | 4.18% | 5.89% | 3.56% | 3.19% | 3.38% | 3.76% |
Frequently Asked Questions
GSGDX and GCGIX have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GCGIX has higher volatility (5.67%) compared to GSGDX (1.37%). In terms of maximum drawdown, GSGDX dropped -23.48% vs GCGIX's -65.78%.
GSGDX currently has the higher Sharpe Ratio (1.35 vs 1.15), 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.
Find the right allocation for GSGDX and GCGIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer