GSGDX vs. VLCIX
Compare and contrast key facts about Goldman Sachs Investment Grade Credit Fund (GSGDX) and Vanguard Long-Term Corporate Bond Index Fund Institutional Shares (VLCIX).
GSGDX is managed by Goldman Sachs. It was launched on Nov 3, 2003. VLCIX is managed by Vanguard. It was launched on Nov 19, 2009.
Performance
GSGDX vs. VLCIX - Performance Comparison
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GSGDX vs. VLCIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GSGDX Goldman Sachs Investment Grade Credit Fund | -1.55% | 8.23% | 1.93% | 8.81% | -17.33% | -0.97% | 10.12% | 16.83% | -2.55% | 6.49% |
VLCIX Vanguard Long-Term Corporate Bond Index Fund Institutional Shares | -1.44% | 7.27% | -1.43% | 11.06% | -25.75% | -1.24% | 13.74% | 23.18% | -6.86% | 12.42% |
Returns By Period
In the year-to-date period, GSGDX achieves a -1.55% return, which is significantly lower than VLCIX's -1.44% return. Over the past 10 years, GSGDX has outperformed VLCIX with an annualized return of 2.78%, while VLCIX has yielded a comparatively lower 2.53% annualized return.
GSGDX
- 1D
- 0.50%
- 1M
- -3.03%
- YTD
- -1.55%
- 6M
- -0.62%
- 1Y
- 3.97%
- 3Y*
- 4.21%
- 5Y*
- 0.35%
- 10Y*
- 2.78%
VLCIX
- 1D
- 1.02%
- 1M
- -3.68%
- YTD
- -1.44%
- 6M
- -1.91%
- 1Y
- 3.21%
- 3Y*
- 3.04%
- 5Y*
- -1.43%
- 10Y*
- 2.53%
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GSGDX vs. VLCIX - Expense Ratio Comparison
GSGDX has a 0.38% expense ratio, which is higher than VLCIX's 0.05% expense ratio.
Return for Risk
GSGDX vs. VLCIX — Risk / Return Rank
GSGDX
VLCIX
GSGDX vs. VLCIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Investment Grade Credit Fund (GSGDX) and Vanguard Long-Term Corporate Bond Index Fund Institutional Shares (VLCIX). 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.
| GSGDX | VLCIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.90 | 0.42 | +0.49 |
Sortino ratioReturn per unit of downside risk | 1.25 | 0.62 | +0.64 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.08 | +0.09 |
Calmar ratioReturn relative to maximum drawdown | 1.37 | 0.86 | +0.51 |
Martin ratioReturn relative to average drawdown | 4.55 | 2.01 | +2.54 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GSGDX | VLCIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.90 | 0.42 | +0.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | -0.12 | +0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 0.24 | +0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.65 | 0.43 | +0.22 |
Correlation
The correlation between GSGDX and VLCIX is 0.89, 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.
Dividends
GSGDX vs. VLCIX - Dividend Comparison
GSGDX's dividend yield for the trailing twelve months is around 4.46%, less than VLCIX's 5.17% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSGDX Goldman Sachs Investment Grade Credit Fund | 4.46% | 4.75% | 3.94% | 3.52% | 2.74% | 5.10% | 4.18% | 5.89% | 3.56% | 3.19% | 3.38% | 3.76% |
VLCIX Vanguard Long-Term Corporate Bond Index Fund Institutional Shares | 5.17% | 5.50% | 5.60% | 4.67% | 4.43% | 2.95% | 3.17% | 3.83% | 4.58% | 4.03% | 4.39% | 4.73% |
Drawdowns
GSGDX vs. VLCIX - Drawdown Comparison
The maximum GSGDX drawdown since its inception was -23.48%, smaller than the maximum VLCIX drawdown of -34.56%. Use the drawdown chart below to compare losses from any high point for GSGDX and VLCIX.
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Drawdown Indicators
| GSGDX | VLCIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.48% | -34.56% | +11.08% |
Max Drawdown (1Y)Largest decline over 1 year | -3.59% | -5.26% | +1.67% |
Max Drawdown (5Y)Largest decline over 5 years | -23.48% | -34.56% | +11.08% |
Max Drawdown (10Y)Largest decline over 10 years | -23.48% | -34.56% | +11.08% |
Current DrawdownCurrent decline from peak | -3.53% | -16.02% | +12.49% |
Average DrawdownAverage peak-to-trough decline | -3.89% | -7.96% | +4.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.08% | 2.25% | -1.17% |
Volatility
GSGDX vs. VLCIX - Volatility Comparison
The current volatility for Goldman Sachs Investment Grade Credit Fund (GSGDX) is 1.92%, while Vanguard Long-Term Corporate Bond Index Fund Institutional Shares (VLCIX) has a volatility of 3.46%. This indicates that GSGDX experiences smaller price fluctuations and is considered to be less risky than VLCIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GSGDX | VLCIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.92% | 3.46% | -1.54% |
Volatility (6M)Calculated over the trailing 6-month period | 2.93% | 5.26% | -2.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.05% | 8.93% | -3.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.82% | 11.88% | -5.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.38% | 10.60% | -4.22% |