GSIFX vs. QQQM
Compare and contrast key facts about Goldman Sachs International Equity ESG Fund Class A (GSIFX) and Invesco NASDAQ 100 ETF (QQQM).
GSIFX is managed by Goldman Sachs. It was launched on Dec 1, 1992. QQQM is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 13, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GSIFX or QQQM.
Key characteristics
| GSIFX | QQQM | |
|---|---|---|
| YTD Return | 7.18% | 10.52% |
| 1Y Return | 9.50% | 35.01% |
| 3Y Return (Ann) | 3.22% | 12.76% |
| Sharpe Ratio | 0.75 | 2.31 |
| Daily Std Dev | 12.71% | 16.27% |
| Max Drawdown | -61.39% | -35.05% |
| Current Drawdown | -0.31% | -0.24% |
Correlation
The correlation between GSIFX and QQQM is 0.68, 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. QQQM - Performance Comparison
In the year-to-date period, GSIFX achieves a 7.18% return, which is significantly lower than QQQM's 10.52% 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. QQQM - Expense Ratio Comparison
GSIFX has a 1.35% expense ratio, which is higher than QQQM's 0.15% expense ratio.
Risk-Adjusted Performance
GSIFX vs. QQQM - 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 NASDAQ 100 ETF (QQQM). 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. QQQM - Dividend Comparison
GSIFX's dividend yield for the trailing twelve months is around 1.28%, more than QQQM's 0.64% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSIFX Goldman Sachs International Equity ESG Fund Class A | 1.28% | 1.38% | 0.82% | 6.29% | 0.00% | 1.67% | 1.45% | 1.25% | 2.79% | 1.16% | 3.27% | 0.36% |
QQQM Invesco NASDAQ 100 ETF | 0.64% | 0.65% | 0.83% | 0.40% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GSIFX vs. QQQM - Drawdown Comparison
The maximum GSIFX drawdown since its inception was -61.39%, which is greater than QQQM's maximum drawdown of -35.05%. Use the drawdown chart below to compare losses from any high point for GSIFX and QQQM. For additional features, visit the drawdowns tool.
Volatility
GSIFX vs. QQQM - Volatility Comparison
The current volatility for Goldman Sachs International Equity ESG Fund Class A (GSIFX) is 3.65%, while Invesco NASDAQ 100 ETF (QQQM) has a volatility of 4.85%. This indicates that GSIFX experiences smaller price fluctuations and is considered to be less risky than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.