GSITX vs. ARSMX
GSITX (Goldman Sachs Small Cap Value Insights Fund) and ARSMX (AMG River Road Small-Mid Cap Value Fund) are both Small Cap Value Equities funds. Over the past 10 years, GSITX returned 13.88%/yr vs 9.82%/yr for ARSMX. Their correlation of 0.92 suggests significant overlap in exposure. GSITX charges 0.84%/yr vs 1.27%/yr for ARSMX.
Performance
GSITX vs. ARSMX - Performance Comparison
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Returns By Period
In the year-to-date period, GSITX achieves a 22.43% return, which is significantly higher than ARSMX's 2.31% return. Over the past 10 years, GSITX has outperformed ARSMX with an annualized return of 13.88%, while ARSMX has yielded a comparatively lower 9.82% annualized return.
GSITX
- 1D
- 0.45%
- 1M
- 4.75%
- YTD
- 22.43%
- 6M
- 20.29%
- 1Y
- 46.54%
- 3Y*
- 27.73%
- 5Y*
- 13.48%
- 10Y*
- 13.88%
ARSMX
- 1D
- -0.41%
- 1M
- 1.99%
- YTD
- 2.31%
- 6M
- 0.93%
- 1Y
- 1.88%
- 3Y*
- 9.21%
- 5Y*
- 4.70%
- 10Y*
- 9.82%
GSITX vs. ARSMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GSITX Goldman Sachs Small Cap Value Insights Fund | 22.43% | 12.95% | 29.64% | 17.50% | -13.56% | 33.22% | 0.32% | 23.52% | -10.69% | 7.49% |
ARSMX AMG River Road Small-Mid Cap Value Fund | 2.31% | -0.83% | 12.42% | 14.48% | -8.62% | 23.41% | 1.71% | 34.82% | -6.44% | 15.26% |
Correlation
The correlation between GSITX and ARSMX is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.87 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.90 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.90 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2008 | 0.92 |
The correlation between GSITX and ARSMX has been stable across timeframes, ranging from 0.83 to 0.92 - a consistent structural relationship.
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Return for Risk
GSITX vs. ARSMX — Risk / Return Rank
GSITX
ARSMX
GSITX vs. ARSMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Small Cap Value Insights Fund (GSITX) and AMG River Road Small-Mid Cap Value Fund (ARSMX). 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.
| GSITX | ARSMX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.40 | ||
| Sortino ratioReturn per unit of downside risk | +3.21 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.05 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 5.35 | 0.31 | +5.04 |
| Martin ratioReturn relative to average drawdown | 18.85 | 0.71 | +18.14 |
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Drawdowns
GSITX vs. ARSMX - Drawdown Comparison
The maximum GSITX drawdown since its inception was -56.37%, which is greater than ARSMX's maximum drawdown of -51.75%. Use the drawdown chart below to compare losses from any high point for GSITX and ARSMX.
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Drawdown Indicators
| GSITX | ARSMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.37% | -51.75% | -4.62% |
Max Drawdown (1Y)Largest decline over 1 year | -9.16% | -10.37% | +1.21% |
Max Drawdown (3Y)Largest decline over 3 years | -24.88% | -19.34% | -5.54% |
Max Drawdown (5Y)Largest decline over 5 years | -24.88% | -19.34% | -5.54% |
Max Drawdown (10Y)Largest decline over 10 years | -47.17% | -42.96% | -4.21% |
Current DrawdownCurrent decline from peak | 0.00% | -5.36% | +5.36% |
Average DrawdownAverage peak-to-trough decline | -8.82% | -8.10% | -0.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.59% | 4.48% | -1.89% |
Volatility
GSITX vs. ARSMX - Volatility Comparison
Goldman Sachs Small Cap Value Insights Fund (GSITX) has a higher volatility of 5.38% compared to AMG River Road Small-Mid Cap Value Fund (ARSMX) at 3.05%. This indicates that GSITX's price experiences larger fluctuations and is considered to be riskier than ARSMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GSITX | ARSMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.38% | 3.05% | +2.33% |
Volatility (6M)Calculated over the trailing 6-month period | 12.71% | 10.27% | +2.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.70% | 14.45% | +4.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.66% | 17.76% | +4.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.15% | 19.58% | +4.57% |
GSITX vs. ARSMX - Expense Ratio Comparison
GSITX has a 0.84% expense ratio, which is lower than ARSMX's 1.27% expense ratio.
Dividends
GSITX vs. ARSMX - Dividend Comparison
GSITX's dividend yield for the trailing twelve months is around 3.96%, while ARSMX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARSMX AMG River Road Small-Mid Cap Value Fund | 0.00% | 0.00% | 9.27% | 3.89% | 4.85% | 5.86% | 0.00% | 3.60% | 8.60% | 15.66% | 8.03% | 17.82% |
GSITX Goldman Sachs Small Cap Value Insights Fund | 3.96% | 4.84% | 30.83% | 1.37% | 2.63% | 26.49% | 0.72% | 0.71% | 9.14% | 9.11% | 3.55% | 5.63% |
Frequently Asked Questions
GSITX and ARSMX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GSITX has higher volatility (5.38%) compared to ARSMX (3.05%). In terms of maximum drawdown, GSITX dropped -56.37% vs ARSMX's -51.75%.
GSITX currently has the higher Sharpe Ratio (2.63 vs 0.22), 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.
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