GSIFX vs. QQQ
Compare and contrast key facts about Goldman Sachs International Equity ESG Fund Class A (GSIFX) and Invesco QQQ (QQQ).
GSIFX is managed by Goldman Sachs. It was launched on Dec 1, 1992. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GSIFX or QQQ.
Key characteristics
| GSIFX | QQQ | |
|---|---|---|
| YTD Return | 6.28% | 10.74% |
| 1Y Return | 8.90% | 39.36% |
| 3Y Return (Ann) | 3.02% | 12.27% |
| 5Y Return (Ann) | 10.75% | 20.73% |
| 10Y Return (Ann) | 5.55% | 18.86% |
| Sharpe Ratio | 0.67 | 2.43 |
| Daily Std Dev | 12.65% | 16.27% |
| Max Drawdown | -61.39% | -82.98% |
| Current Drawdown | -0.68% | 0.00% |
Correlation
The correlation between GSIFX and QQQ is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GSIFX vs. QQQ - Performance Comparison
In the year-to-date period, GSIFX achieves a 6.28% return, which is significantly lower than QQQ's 10.74% return. Over the past 10 years, GSIFX has underperformed QQQ with an annualized return of 5.55%, while QQQ has yielded a comparatively higher 18.86% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GSIFX vs. QQQ - Expense Ratio Comparison
GSIFX has a 1.35% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
GSIFX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs International Equity ESG Fund Class A (GSIFX) and Invesco QQQ (QQQ). 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.
Dividends
GSIFX vs. QQQ - Dividend Comparison
GSIFX's dividend yield for the trailing twelve months is around 1.29%, more than QQQ's 0.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSIFX Goldman Sachs International Equity ESG Fund Class A | 1.29% | 1.38% | 0.82% | 6.29% | 0.00% | 1.67% | 1.45% | 1.25% | 2.79% | 1.16% | 3.27% | 0.36% |
QQQ Invesco QQQ | 0.58% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
GSIFX vs. QQQ - Drawdown Comparison
The maximum GSIFX drawdown since its inception was -61.39%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for GSIFX and QQQ. For additional features, visit the drawdowns tool.
Volatility
GSIFX vs. QQQ - Volatility Comparison
The current volatility for Goldman Sachs International Equity ESG Fund Class A (GSIFX) is 3.54%, while Invesco QQQ (QQQ) has a volatility of 5.12%. This indicates that GSIFX experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.