GSIMX vs. GSINX

Last updated Jun 4, 2026

GSIMX (Goldman Sachs GQG Partners International Opportunities Fund) and GSINX (Goldman Sachs GQG Partners International Opportunities Fund) are both Foreign Large Cap Equities funds from Goldman Sachs. Over the past 5 years, GSIMX returned 9.05%/yr vs 8.93%/yr for GSINX. With a 1.00 correlation, they move nearly in lockstep. GSIMX charges 0.76%/yr vs 0.89%/yr for GSINX.

Performance

GSIMX vs. GSINX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs GQG Partners International Opportunities Fund (GSIMX) and Goldman Sachs GQG Partners International Opportunities Fund (GSINX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with GSIMX having a 6.45% return and GSINX slightly lower at 6.39%.

GSIMX

• 1D: 0.04%
• 1M: -0.54%
• YTD: 6.45%
• 6M: 8.00%
• 1Y: 12.69%
• 3Y*: 17.16%
• 5Y*: 9.05%
• 10Y*: —

GSINX

• 1D: 0.04%
• 1M: -0.54%
• YTD: 6.39%
• 6M: 7.92%
• 1Y: 12.58%
• 3Y*: 17.02%
• 5Y*: 8.93%
• 10Y*: —

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

GSIMX vs. GSINX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GSIMX Goldman Sachs GQG Partners International Opportunities Fund	6.45%	20.85%	9.66%	22.10%	-11.06%	12.50%	15.77%	27.64%	-6.04%	29.92%
GSINX Goldman Sachs GQG Partners International Opportunities Fund	6.39%	20.76%	9.53%	21.93%	-11.14%	12.35%	15.64%	27.41%	-6.14%	29.66%

Correlation

The correlation between GSIMX and GSINX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	1.00
Correlation (3Y) Calculated over the trailing 3-year period	1.00
Correlation (5Y) Calculated over the trailing 5-year period	1.00
Correlation (All Time) Calculated using the full available price history since Jan 4, 2017	1.00

The correlation between GSIMX and GSINX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.

Return for Risk

GSIMX vs. GSINX — Risk / Return Rank

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

GSIMX

GSIMX Risk / Return Rank: 19
GSIMX Sharpe Ratio Rank: 19
GSIMX Sortino Ratio Rank: 18
GSIMX Omega Ratio Rank: 20
GSIMX Calmar Ratio Rank: 18
GSIMX Martin Ratio Rank: 19

GSINX

GSINX Risk / Return Rank: 19
GSINX Sharpe Ratio Rank: 19
GSINX Sortino Ratio Rank: 18
GSINX Omega Ratio Rank: 19
GSINX Calmar Ratio Rank: 18
GSINX Martin Ratio Rank: 19

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.

GSIMX vs. GSINX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs GQG Partners International Opportunities Fund (GSIMX) and Goldman Sachs GQG Partners International Opportunities Fund (GSINX). 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.

	GSIMX	GSINX	Difference
Sharpe ratio: Return per unit of total volatility	1.27	1.25	+0.01
Sortino ratio: Return per unit of downside risk	1.78	1.76	+0.02
Omega ratio: Gain probability vs. loss probability	1.23	1.23	0.00
Calmar ratio: Return relative to maximum drawdown	1.56	1.55	+0.01
Martin ratio: Return relative to average drawdown	5.22	5.17	+0.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GSIMX vs. GSINX - Sharpe Ratio Comparison

The current GSIMX Sharpe Ratio is 1.27, which is comparable to the GSINX Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of GSIMX and GSINX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GSIMX	GSINX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.27	1.25	+0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.63	0.63	+0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.82	0.81	+0.01

Drawdowns

GSIMX vs. GSINX - Drawdown Comparison

The maximum GSIMX drawdown since its inception was -28.84%, roughly equal to the maximum GSINX drawdown of -28.80%. Use the drawdown chart below to compare losses from any high point for GSIMX and GSINX.

Drawdown Indicators

	GSIMX	GSINX	Difference
Max Drawdown Largest peak-to-trough decline	-28.84%	-28.80%	-0.04%
Max Drawdown (1Y) Largest decline over 1 year	-7.81%	-7.80%	-0.01%
Max Drawdown (3Y) Largest decline over 3 years	-10.32%	-10.32%	0.00%
Max Drawdown (5Y) Largest decline over 5 years	-25.37%	-25.46%	+0.09%
Current Drawdown Current decline from peak	-3.70%	-3.72%	+0.02%
Average Drawdown Average peak-to-trough decline	-4.82%	-4.85%	+0.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.33%	2.33%	0.00%

Volatility

GSIMX vs. GSINX - Volatility Comparison

Goldman Sachs GQG Partners International Opportunities Fund (GSIMX) and Goldman Sachs GQG Partners International Opportunities Fund (GSINX) have volatilities of 2.77% and 2.75%, 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

	GSIMX	GSINX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.77%	2.75%	+0.02%
Volatility (6M) Calculated over the trailing 6-month period	7.89%	7.89%	0.00%
Volatility (1Y) Calculated over the trailing 1-year period	9.66%	9.68%	-0.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.36%	14.37%	-0.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.69%	15.69%	0.00%

GSIMX vs. GSINX - Expense Ratio Comparison

GSIMX has a 0.76% expense ratio, which is lower than GSINX's 0.89% expense ratio.

Dividends

GSIMX vs. GSINX - Dividend Comparison

GSIMX's dividend yield for the trailing twelve months is around 4.81%, more than GSINX's 4.73% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
GSIMX Goldman Sachs GQG Partners International Opportunities Fund	4.81%	5.12%	11.18%	2.36%	4.89%	2.23%	0.18%	0.65%	0.53%	0.16%
GSINX Goldman Sachs GQG Partners International Opportunities Fund	4.73%	5.03%	11.11%	2.27%	4.79%	2.13%	0.08%	0.57%	0.43%	0.12%

Frequently Asked Questions

Can I hold both GSIMX and GSINX in my portfolio?

With a correlation of 1.00, GSIMX and GSINX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, GSIMX or GSINX?

GSIMX has higher volatility (2.77%) compared to GSINX (2.75%). In terms of maximum drawdown, GSIMX dropped -28.84% vs GSINX's -28.80%.

Which has better risk-adjusted returns?

GSIMX currently has the higher Sharpe Ratio (1.27 vs 1.25), 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.