GSGRX vs. FALGX
GSGRX (Goldman Sachs Equity Income Fund) and FALGX (Fidelity Advisor Large Cap Fund Class M) are both Large Cap Value Equities funds. Over the past 10 years, GSGRX returned 11.82%/yr vs 13.17%/yr for FALGX. Their correlation of 0.91 suggests significant overlap in exposure. GSGRX charges 1.20%/yr vs 1.05%/yr for FALGX.
Performance
GSGRX vs. FALGX - Performance Comparison
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Returns By Period
Over the past 10 years, GSGRX has underperformed FALGX with an annualized return of 11.82%, while FALGX has yielded a comparatively higher 13.17% annualized return.
GSGRX
- 1D
- 0.66%
- 1M
- 3.19%
- YTD
- 13.98%
- 6M
- 13.30%
- 1Y
- 24.15%
- 3Y*
- 20.72%
- 5Y*
- 12.80%
- 10Y*
- 11.82%
FALGX
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 10.22%
- 3Y*
- 15.55%
- 5Y*
- 11.39%
- 10Y*
- 13.17%
GSGRX vs. FALGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GSGRX Goldman Sachs Equity Income Fund | 13.98% | 12.48% | 25.98% | 8.19% | -5.28% | 21.83% | 3.49% | 24.98% | -6.11% | 10.37% |
FALGX Fidelity Advisor Large Cap Fund Class M | 0.00% | 19.09% | 18.68% | 22.88% | -8.40% | 25.20% | 8.27% | 31.01% | -8.88% | 16.83% |
Correlation
The correlation between GSGRX and FALGX is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.38 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Feb 20, 1996 | 0.91 |
Over the past year, the correlation between GSGRX and FALGX has dropped to 0.38 - well below their long-term average of 0.91, suggesting their price drivers have been diverging.
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Return for Risk
GSGRX vs. FALGX — Risk / Return Rank
GSGRX
FALGX
GSGRX vs. FALGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Equity Income Fund (GSGRX) and Fidelity Advisor Large Cap Fund Class M (FALGX). 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.
| GSGRX | FALGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.80 | ||
| Sortino ratioReturn per unit of downside risk | +1.14 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.46 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 4.64 | 2.54 | +2.10 |
| Martin ratioReturn relative to average drawdown | 17.72 | 4.12 | +13.60 |
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Drawdowns
GSGRX vs. FALGX - Drawdown Comparison
The maximum GSGRX drawdown since its inception was -54.44%, smaller than the maximum FALGX drawdown of -64.07%. Use the drawdown chart below to compare losses from any high point for GSGRX and FALGX.
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Drawdown Indicators
| GSGRX | FALGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.44% | -64.07% | +9.63% |
Max Drawdown (1Y)Largest decline over 1 year | -5.48% | -5.06% | -0.42% |
Max Drawdown (3Y)Largest decline over 3 years | -19.02% | -21.78% | +2.76% |
Max Drawdown (5Y)Largest decline over 5 years | -19.02% | -21.78% | +2.76% |
Max Drawdown (10Y)Largest decline over 10 years | -35.11% | -37.58% | +2.47% |
Current DrawdownCurrent decline from peak | -0.23% | -4.20% | +3.97% |
Average DrawdownAverage peak-to-trough decline | -10.37% | -14.41% | +4.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.43% | 2.92% | -1.49% |
Volatility
GSGRX vs. FALGX - Volatility Comparison
Goldman Sachs Equity Income Fund (GSGRX) has a higher volatility of 3.17% compared to Fidelity Advisor Large Cap Fund Class M (FALGX) at 0.00%. This indicates that GSGRX's price experiences larger fluctuations and is considered to be riskier than FALGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GSGRX | FALGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.17% | 0.00% | +3.17% |
Volatility (6M)Calculated over the trailing 6-month period | 8.06% | 3.52% | +4.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.41% | 7.81% | +2.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.13% | 16.62% | -0.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.20% | 18.66% | -1.46% |
GSGRX vs. FALGX - Expense Ratio Comparison
GSGRX has a 1.20% expense ratio, which is higher than FALGX's 1.05% expense ratio.
Dividends
GSGRX vs. FALGX - Dividend Comparison
GSGRX's dividend yield for the trailing twelve months is around 8.82%, more than FALGX's 5.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FALGX Fidelity Advisor Large Cap Fund Class M | 5.76% | 5.76% | 0.00% | 3.20% | 1.91% | 6.44% | 5.25% | 8.39% | 16.99% | 6.42% | 1.85% | 2.74% |
GSGRX Goldman Sachs Equity Income Fund | 8.82% | 9.72% | 18.35% | 4.70% | 4.42% | 8.01% | 1.52% | 5.56% | 2.67% | 1.69% | 1.79% | 1.90% |
Frequently Asked Questions
GSGRX and FALGX have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GSGRX has higher volatility (3.17%) compared to FALGX (0.00%). In terms of maximum drawdown, GSGRX dropped -54.44% vs FALGX's -64.07%.
GSGRX currently has the higher Sharpe Ratio (2.44 vs 1.64), 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.
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