GSIFX vs. ^GSPC
Compare and contrast key facts about Goldman Sachs International Equity ESG Fund Class A (GSIFX) and S&P 500 (^GSPC).
GSIFX is managed by Goldman Sachs. It was launched on Dec 1, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GSIFX or ^GSPC.
Key characteristics
| GSIFX | ^GSPC | |
|---|---|---|
| YTD Return | 6.88% | 11.05% |
| 1Y Return | 9.19% | 27.37% |
| 3Y Return (Ann) | 3.27% | 8.37% |
| 5Y Return (Ann) | 10.87% | 13.14% |
| 10Y Return (Ann) | 5.64% | 10.90% |
| Sharpe Ratio | 0.75 | 2.49 |
| Daily Std Dev | 12.71% | 11.59% |
| Max Drawdown | -61.39% | -56.78% |
| Current Drawdown | -0.59% | -0.21% |
Correlation
The correlation between GSIFX and ^GSPC is 0.61, 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. ^GSPC - Performance Comparison
In the year-to-date period, GSIFX achieves a 6.88% return, which is significantly lower than ^GSPC's 11.05% return. Over the past 10 years, GSIFX has underperformed ^GSPC with an annualized return of 5.64%, while ^GSPC has yielded a comparatively higher 10.90% 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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Risk-Adjusted Performance
GSIFX vs. ^GSPC - 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 S&P 500 (^GSPC). 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.
Drawdowns
GSIFX vs. ^GSPC - Drawdown Comparison
The maximum GSIFX drawdown since its inception was -61.39%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for GSIFX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
GSIFX vs. ^GSPC - Volatility Comparison
Goldman Sachs International Equity ESG Fund Class A (GSIFX) has a higher volatility of 3.75% compared to S&P 500 (^GSPC) at 3.40%. This indicates that GSIFX's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.