Correlation
The correlation between GSIMX and SPY is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
GSIMX vs. SPY
Compare and contrast key facts about Goldman Sachs GQG Partners International Opportunities Fund (GSIMX) and SPDR S&P 500 ETF (SPY).
GSIMX is managed by Goldman Sachs. It was launched on Dec 15, 2016. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GSIMX or SPY.
Performance
GSIMX vs. SPY - Performance Comparison
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Key characteristics
GSIMX:
0.16
SPY:
0.64
GSIMX:
0.39
SPY:
1.04
GSIMX:
1.06
SPY:
1.15
GSIMX:
0.25
SPY:
0.69
GSIMX:
0.55
SPY:
2.64
GSIMX:
6.44%
SPY:
4.91%
GSIMX:
16.13%
SPY:
20.47%
GSIMX:
-28.84%
SPY:
-55.19%
GSIMX:
-0.73%
SPY:
-3.26%
Returns By Period
In the year-to-date period, GSIMX achieves a 13.91% return, which is significantly higher than SPY's 1.17% return.
GSIMX
13.91%
4.55%
10.35%
2.57%
10.12%
11.94%
N/A
SPY
1.17%
7.36%
-0.95%
13.08%
14.15%
15.98%
12.78%
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GSIMX vs. SPY - Expense Ratio Comparison
GSIMX has a 0.76% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
GSIMX vs. SPY — Risk-Adjusted Performance Rank
GSIMX
SPY
GSIMX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs GQG Partners International Opportunities Fund (GSIMX) and SPDR S&P 500 ETF (SPY). 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.
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Dividends
GSIMX vs. SPY - Dividend Comparison
GSIMX's dividend yield for the trailing twelve months is around 5.92%, more than SPY's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSIMX Goldman Sachs GQG Partners International Opportunities Fund | 5.92% | 6.74% | 2.36% | 4.89% | 2.23% | 0.17% | 0.65% | 0.53% | 0.16% | 0.07% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.21% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
GSIMX vs. SPY - Drawdown Comparison
The maximum GSIMX drawdown since its inception was -28.84%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GSIMX and SPY.
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Volatility
GSIMX vs. SPY - Volatility Comparison
The current volatility for Goldman Sachs GQG Partners International Opportunities Fund (GSIMX) is 3.68%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.78%. This indicates that GSIMX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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