GSGIX vs. VTABX

Last updated Jun 24, 2026

GSGIX (Goldman Sachs Global Core Fixed Income Fund) and VTABX (Vanguard Total International Bond Index Fund Admiral Shares) are both Global Bonds funds. Over the past 10 years, GSGIX returned 1.70%/yr vs 1.78%/yr for VTABX. Their correlation of 0.82 suggests significant overlap in exposure. GSGIX charges 0.91%/yr vs 0.10%/yr for VTABX.

Performance

GSGIX vs. VTABX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Global Core Fixed Income Fund (GSGIX) and Vanguard Total International Bond Index Fund Admiral Shares (VTABX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GSGIX achieves a 0.32% return, which is significantly lower than VTABX's 0.92% return. Both investments have delivered pretty close results over the past 10 years, with GSGIX having a 1.70% annualized return and VTABX not far ahead at 1.78%.

GSGIX

• 1D: -0.18%
• 1M: 0.89%
• YTD: 0.32%
• 6M: 0.73%
• 1Y: 3.41%
• 3Y*: 3.48%
• 5Y*: -0.07%
• 10Y*: 1.70%

VTABX

• 1D: -0.16%
• 1M: 0.91%
• YTD: 0.92%
• 6M: 1.13%
• 1Y: 2.16%
• 3Y*: 4.24%
• 5Y*: 0.44%
• 10Y*: 1.78%

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

GSGIX vs. VTABX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GSGIX Goldman Sachs Global Core Fixed Income Fund	0.32%	5.09%	0.86%	7.66%	-12.98%	-2.59%	8.90%	10.17%	-0.12%	2.43%
VTABX Vanguard Total International Bond Index Fund Admiral Shares	0.92%	2.96%	3.92%	8.77%	-12.92%	-2.22%	4.54%	8.83%	2.97%	2.39%

Correlation

The correlation between GSGIX and VTABX is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.84
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (10Y) Calculated over the trailing 10-year period	0.84
Correlation (All Time) Calculated using the full available price history since Jun 4, 2013	0.82

The correlation between GSGIX and VTABX has been stable across timeframes, ranging from 0.82 to 0.88 - a consistent structural relationship.

Return for Risk

GSGIX vs. VTABX — Risk / Return Rank

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

GSGIX

GSGIX Risk / Return Rank: 15
GSGIX Sharpe Ratio Rank: 18
GSGIX Sortino Ratio Rank: 17
GSGIX Omega Ratio Rank: 17
GSGIX Calmar Ratio Rank: 13
GSGIX Martin Ratio Rank: 12

VTABX

VTABX Risk / Return Rank: 9
VTABX Sharpe Ratio Rank: 9
VTABX Sortino Ratio Rank: 9
VTABX Omega Ratio Rank: 9
VTABX Calmar Ratio Rank: 8
VTABX Martin Ratio Rank: 8

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.

GSGIX vs. VTABX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Global Core Fixed Income Fund (GSGIX) and Vanguard Total International Bond Index Fund Admiral Shares (VTABX). 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.

	GSGIX	VTABX	Difference
Sharpe ratio: Return per unit of total volatility	1.11	0.72	+0.38
Sortino ratio: Return per unit of downside risk	1.62	1.05	+0.57
Omega ratio: Gain probability vs. loss probability	1.20	1.13	+0.07
Calmar ratio: Return relative to maximum drawdown	1.14	0.77	+0.37
Martin ratio: Return relative to average drawdown	3.18	2.08	+1.10

GSGIX vs. VTABX - Sharpe Ratio Comparison

The current GSGIX Sharpe Ratio is 1.11, which is higher than the VTABX Sharpe Ratio of 0.72. The chart below compares the historical Sharpe Ratios of GSGIX and VTABX, 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

GSGIX vs. VTABX - Drawdown Comparison

The maximum GSGIX drawdown since its inception was -19.90%, which is greater than VTABX's maximum drawdown of -16.16%. Use the drawdown chart below to compare losses from any high point for GSGIX and VTABX.

Drawdown Indicators

	GSGIX	VTABX	Difference
Max Drawdown Largest peak-to-trough decline	-19.90%	-16.16%	-3.74%
Max Drawdown (1Y) Largest decline over 1 year	-3.18%	-2.90%	-0.28%
Max Drawdown (3Y) Largest decline over 3 years	-4.49%	-2.90%	-1.59%
Max Drawdown (5Y) Largest decline over 5 years	-17.27%	-15.81%	-1.46%
Max Drawdown (10Y) Largest decline over 10 years	-19.90%	-16.16%	-3.74%
Current Drawdown Current decline from peak	-5.02%	-0.94%	-4.08%
Average Drawdown Average peak-to-trough decline	-2.70%	-3.04%	+0.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.13%	1.07%	+0.06%

Volatility

GSGIX vs. VTABX - Volatility Comparison

Goldman Sachs Global Core Fixed Income Fund (GSGIX) and Vanguard Total International Bond Index Fund Admiral Shares (VTABX) have volatilities of 0.93% and 0.90%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GSGIX	VTABX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.93%	0.90%	+0.03%
Volatility (6M) Calculated over the trailing 6-month period	2.67%	2.62%	+0.05%
Volatility (1Y) Calculated over the trailing 1-year period	3.27%	3.07%	+0.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.67%	4.45%	+0.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.12%	3.62%	+0.50%

GSGIX vs. VTABX - Expense Ratio Comparison

GSGIX has a 0.91% expense ratio, which is higher than VTABX's 0.10% expense ratio.

Dividends

GSGIX vs. VTABX - Dividend Comparison

GSGIX's dividend yield for the trailing twelve months is around 3.01%, less than VTABX's 4.44% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GSGIX Goldman Sachs Global Core Fixed Income Fund	3.01%	3.01%	2.64%	2.12%	1.60%	1.32%	5.04%	4.13%	1.28%	1.74%	1.40%	5.97%
VTABX Vanguard Total International Bond Index Fund Admiral Shares	4.44%	4.36%	4.33%	4.39%	1.48%	3.70%	1.08%	4.28%	3.00%	2.23%	1.80%	1.64%

Frequently Asked Questions

Can I hold both GSGIX and VTABX in my portfolio?

GSGIX and VTABX have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GSGIX or VTABX?

GSGIX has higher volatility (0.93%) compared to VTABX (0.90%). In terms of maximum drawdown, GSGIX dropped -19.90% vs VTABX's -16.16%.

Which has better risk-adjusted returns?

GSGIX currently has the higher Sharpe Ratio (1.11 vs 0.72), 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.