GSINX vs. TBWIX
Compare and contrast key facts about Goldman Sachs GQG Partners International Opportunities Fund (GSINX) and Thornburg Better World International Fund (TBWIX).
GSINX is managed by Goldman Sachs. It was launched on Dec 14, 2016. TBWIX is managed by Thornburg. It was launched on Sep 30, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GSINX or TBWIX.
Key characteristics
| GSINX | TBWIX | |
|---|---|---|
| YTD Return | 17.38% | 11.84% |
| 1Y Return | 27.56% | 14.46% |
| 3Y Return (Ann) | 7.61% | -0.38% |
| 5Y Return (Ann) | 12.13% | 11.40% |
| Sharpe Ratio | 2.11 | 1.36 |
| Daily Std Dev | 13.72% | 11.11% |
| Max Drawdown | -28.80% | -32.65% |
| Current Drawdown | -2.65% | -2.07% |
Correlation
The correlation between GSINX and TBWIX is 0.77, 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.
Performance
GSINX vs. TBWIX - Performance Comparison
In the year-to-date period, GSINX achieves a 17.38% return, which is significantly higher than TBWIX's 11.84% 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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GSINX vs. TBWIX - Expense Ratio Comparison
GSINX has a 0.89% expense ratio, which is lower than TBWIX's 1.21% expense ratio.
Risk-Adjusted Performance
GSINX vs. TBWIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs GQG Partners International Opportunities Fund (GSINX) and Thornburg Better World International Fund (TBWIX). 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
GSINX vs. TBWIX - Dividend Comparison
GSINX's dividend yield for the trailing twelve months is around 1.93%, more than TBWIX's 1.38% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
GSINX Goldman Sachs GQG Partners International Opportunities Fund | 1.93% | 2.27% | 4.79% | 2.13% | 0.08% | 0.57% | 0.43% | 0.12% | 0.06% |
TBWIX Thornburg Better World International Fund | 1.38% | 1.55% | 0.87% | 15.10% | 0.40% | 1.29% | 10.14% | 3.53% | 5.99% |
Drawdowns
GSINX vs. TBWIX - Drawdown Comparison
The maximum GSINX drawdown since its inception was -28.80%, smaller than the maximum TBWIX drawdown of -32.65%. Use the drawdown chart below to compare losses from any high point for GSINX and TBWIX. For additional features, visit the drawdowns tool.
Volatility
GSINX vs. TBWIX - Volatility Comparison
Goldman Sachs GQG Partners International Opportunities Fund (GSINX) has a higher volatility of 3.18% compared to Thornburg Better World International Fund (TBWIX) at 2.83%. This indicates that GSINX's price experiences larger fluctuations and is considered to be riskier than TBWIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.