GSIMX vs. VIHAX

Last updated Aug 4, 2026

GSIMX (Goldman Sachs GQG Partners International Opportunities Fund) and VIHAX (Vanguard International High Dividend Yield Index Fund Admiral Shares) are both mutual funds - GSIMX is a Foreign Large Cap Equities fund managed by Goldman Sachs, while VIHAX is a Large Cap Value Equities fund tracking the FTSE All-World ex US High Dividend Yield Index. Over the past 5 years, GSIMX returned 9.21%/yr vs 14.01%/yr for VIHAX. Their correlation of 0.81 means they have usually moved in the same direction. GSIMX charges 0.76%/yr vs 0.16%/yr for VIHAX.

Performance

GSIMX vs. VIHAX - Performance Comparison

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

Returns By Period

In the year-to-date period, GSIMX achieves a 8.14% return, which is significantly lower than VIHAX's 17.32% return.

GSIMX

• 1D: 0.00%
• 1M: 2.06%
• 6M: 3.76%
• YTD: 8.14%
• 1Y: 15.67%
• 3Y*: 15.80%
• 5Y*: 9.21%
• 10Y*: —
• ALL TIME*: 12.77%

VIHAX

• 1D: -0.62%
• 1M: 4.34%
• 6M: 10.32%
• YTD: 17.32%
• 1Y: 34.48%
• 3Y*: 21.86%
• 5Y*: 14.01%
• 10Y*: 11.24%
• ALL TIME*: 11.22%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GSIMX Goldman Sachs GQG Partners International Opportunities Fund	$0.00	$0.00	$0.00
VIHAX Vanguard International High Dividend Yield Index Fund Admiral Shares	$0.00	$0.00	$0.00

GSIMX vs. VIHAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GSIMX Goldman Sachs GQG Partners International Opportunities Fund	8.14%	20.85%	9.66%	22.10%	-11.06%	12.50%	15.77%	27.64%	-6.04%	29.92%
VIHAX Vanguard International High Dividend Yield Index Fund Admiral Shares	17.32%	38.01%	6.96%	16.81%	-6.88%	15.01%	-0.73%	20.03%	-12.38%	22.40%

Correlation

The correlation between GSIMX and VIHAX is 0.66, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.66
Correlation (3Y) Balances recent behavior with more history.	0.74
Correlation (5Y) Shows whether the relationship held over a longer period.	0.82
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017	0.81

The correlation between GSIMX and VIHAX shifts across timeframes, from 0.66 (1 year) to 0.82 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

GSIMX vs. VIHAX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GSIMX

GSIMX Risk / Return Rank: 54
GSIMX Sharpe Ratio Rank: 62
GSIMX Sortino Ratio Rank: 57
GSIMX Omega Ratio Rank: 62
GSIMX Calmar Ratio Rank: 51
GSIMX Martin Ratio Rank: 36

VIHAX

VIHAX Risk / Return Rank: 94
VIHAX Sharpe Ratio Rank: 97
VIHAX Sortino Ratio Rank: 95
VIHAX Omega Ratio Rank: 93
VIHAX Calmar Ratio Rank: 91
VIHAX Martin Ratio Rank: 92

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GSIMX vs. VIHAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs GQG Partners International Opportunities Fund (GSIMX) and Vanguard International High Dividend Yield Index Fund Admiral Shares (VIHAX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GSIMX	VIHAX	Difference
Sharpe ratio: Return per unit of total volatility	1.60	2.86	-1.26
Sortino ratio: Return per unit of downside risk	2.21	3.94	-1.74
Omega ratio: Gain probability vs. loss probability	1.30	1.53	-0.23
Calmar ratio: Return relative to maximum drawdown	2.02	3.63	-1.62
Martin ratio: Return relative to average drawdown	5.51	13.90	-8.39

GSIMX vs. VIHAX - Sharpe Ratio Comparison

The current GSIMX Sharpe Ratio is 1.60, which is lower than the VIHAX Sharpe Ratio of 2.86. The chart below compares the historical Sharpe Ratios of GSIMX and VIHAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GSIMX vs. VIHAX - Drawdown Comparison

The maximum GSIMX drawdown since its inception was -28.84%, smaller than the maximum VIHAX drawdown of -38.80%. Use the drawdown chart below to compare losses from any high point for GSIMX and VIHAX.

Drawdown Indicators

	GSIMX	VIHAX	Difference
Max Drawdown Largest peak-to-trough decline	-28.84%	-38.80%	+9.96%
Max Drawdown (1Y) Largest decline over 1 year	-7.81%	-9.53%	+1.72%
Max Drawdown (3Y) Largest decline over 3 years	-10.32%	-12.29%	+1.97%
Max Drawdown (5Y) Largest decline over 5 years	-25.37%	-23.92%	-1.45%
Max Drawdown (10Y) Largest decline over 10 years	—	-38.80%	—
Current Drawdown Current decline from peak	-2.17%	-0.62%	-1.55%
Average Drawdown Average peak-to-trough decline	-4.80%	-5.94%	+1.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.85%	2.49%	+0.36%

Volatility

GSIMX vs. VIHAX - Volatility Comparison

The current volatility for Goldman Sachs GQG Partners International Opportunities Fund (GSIMX) is 2.65%, while Vanguard International High Dividend Yield Index Fund Admiral Shares (VIHAX) has a volatility of 3.46%. This indicates that GSIMX experiences smaller price fluctuations and is considered to be less risky than VIHAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GSIMX	VIHAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.65%	3.46%	-0.81%
Volatility (6M) Calculated over the trailing 6-month period	8.16%	10.28%	-2.12%
Volatility (1Y) Calculated over the trailing 1-year period	9.83%	12.13%	-2.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.24%	13.76%	+0.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.61%	15.55%	+0.06%

GSIMX vs. VIHAX - Expense Ratio Comparison

GSIMX has a 0.76% expense ratio, which is higher than VIHAX's 0.16% expense ratio.

Dividends

GSIMX vs. VIHAX - Dividend Comparison

GSIMX's dividend yield for the trailing twelve months is around 4.73%, more than VIHAX's 3.45% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
GSIMX Goldman Sachs GQG Partners International Opportunities Fund	4.73%	5.12%	11.18%	2.36%	4.89%	2.23%	0.18%	0.65%	0.53%	0.16%	0.00%
VIHAX Vanguard International High Dividend Yield Index Fund Admiral Shares	3.45%	3.69%	4.85%	4.58%	4.70%	4.30%	3.22%	5.63%	4.28%	3.16%	2.37%

Frequently Asked Questions

Can I hold both GSIMX and VIHAX in my portfolio?

GSIMX and VIHAX have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GSIMX or VIHAX?

VIHAX has higher volatility (3.46%) compared to GSIMX (2.65%). In terms of maximum drawdown, GSIMX dropped -28.84% vs VIHAX's -38.80%.

Which has better risk-adjusted returns?

VIHAX currently has the higher Sharpe Ratio (2.86 vs 1.60), 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.