GSIMX vs. QQQ
Compare and contrast key facts about Goldman Sachs GQG Partners International Opportunities Fund (GSIMX) and Invesco QQQ (QQQ).
GSIMX is managed by Goldman Sachs. It was launched on Dec 15, 2016. 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: GSIMX or QQQ.
Correlation
The correlation between GSIMX and QQQ is 0.70, 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
GSIMX vs. QQQ - Performance Comparison
Key characteristics
GSIMX:
-0.02
QQQ:
1.37
GSIMX:
0.06
QQQ:
1.86
GSIMX:
1.01
QQQ:
1.25
GSIMX:
-0.02
QQQ:
1.84
GSIMX:
-0.05
QQQ:
6.35
GSIMX:
6.91%
QQQ:
3.92%
GSIMX:
14.40%
QQQ:
18.24%
GSIMX:
-28.84%
QQQ:
-82.98%
GSIMX:
-10.53%
QQQ:
0.00%
Returns By Period
In the year-to-date period, GSIMX achieves a 6.90% return, which is significantly higher than QQQ's 5.53% return.
GSIMX
6.90%
5.39%
-9.51%
0.58%
8.04%
N/A
QQQ
5.53%
3.41%
12.16%
27.01%
19.41%
18.38%
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GSIMX vs. QQQ - Expense Ratio Comparison
GSIMX has a 0.76% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
GSIMX vs. QQQ — Risk-Adjusted Performance Rank
GSIMX
QQQ
GSIMX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs GQG Partners International Opportunities Fund (GSIMX) 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
GSIMX vs. QQQ - Dividend Comparison
GSIMX's dividend yield for the trailing twelve months is around 2.14%, more than QQQ's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSIMX Goldman Sachs GQG Partners International Opportunities Fund | 2.14% | 2.29% | 2.36% | 4.89% | 2.23% | 0.17% | 0.65% | 0.53% | 0.16% | 0.07% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.53% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
GSIMX vs. QQQ - Drawdown Comparison
The maximum GSIMX drawdown since its inception was -28.84%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for GSIMX and QQQ. For additional features, visit the drawdowns tool.
Volatility
GSIMX vs. QQQ - Volatility Comparison
The current volatility for Goldman Sachs GQG Partners International Opportunities Fund (GSIMX) is 2.95%, while Invesco QQQ (QQQ) has a volatility of 4.69%. This indicates that GSIMX 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.