GSLIX vs. DRGVX

Last updated Jun 24, 2026

GSLIX (Goldman Sachs Large Cap Value Fund) and DRGVX (BNY Mellon Dynamic Value Fund Class I) are both Large Cap Value Equities funds. Over the past 10 years, GSLIX returned 12.93%/yr vs 14.35%/yr for DRGVX. Their correlation of 0.95 suggests significant overlap in exposure. GSLIX charges 0.73%/yr vs 0.68%/yr for DRGVX.

Performance

GSLIX vs. DRGVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Large Cap Value Fund (GSLIX) and BNY Mellon Dynamic Value Fund Class I (DRGVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GSLIX achieves a 17.75% return, which is significantly higher than DRGVX's 15.75% return. Over the past 10 years, GSLIX has underperformed DRGVX with an annualized return of 12.93%, while DRGVX has yielded a comparatively higher 14.35% annualized return.

GSLIX

• 1D: 0.55%
• 1M: 5.23%
• YTD: 17.75%
• 6M: 16.85%
• 1Y: 28.38%
• 3Y*: 23.44%
• 5Y*: 14.69%
• 10Y*: 12.93%

DRGVX

• 1D: 0.51%
• 1M: 2.59%
• YTD: 15.75%
• 6M: 14.70%
• 1Y: 29.67%
• 3Y*: 20.11%
• 5Y*: 14.34%
• 10Y*: 14.35%

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

GSLIX vs. DRGVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GSLIX Goldman Sachs Large Cap Value Fund	17.75%	10.86%	30.73%	13.19%	-6.26%	24.00%	4.22%	26.09%	-8.64%	9.80%
DRGVX BNY Mellon Dynamic Value Fund Class I	15.75%	18.48%	14.26%	12.83%	1.51%	31.14%	3.94%	27.04%	-10.52%	15.06%

Correlation

The correlation between GSLIX and DRGVX is 0.92, 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	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (10Y) Calculated over the trailing 10-year period	0.94
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014	0.95

The correlation between GSLIX and DRGVX has been stable across timeframes, ranging from 0.92 to 0.95 - a consistent structural relationship.

Return for Risk

GSLIX vs. DRGVX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GSLIX

GSLIX Risk / Return Rank: 82
GSLIX Sharpe Ratio Rank: 80
GSLIX Sortino Ratio Rank: 78
GSLIX Omega Ratio Rank: 71
GSLIX Calmar Ratio Rank: 88
GSLIX Martin Ratio Rank: 92

DRGVX

DRGVX Risk / Return Rank: 83
DRGVX Sharpe Ratio Rank: 82
DRGVX Sortino Ratio Rank: 79
DRGVX Omega Ratio Rank: 74
DRGVX Calmar Ratio Rank: 92
DRGVX Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GSLIX vs. DRGVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Large Cap Value Fund (GSLIX) and BNY Mellon Dynamic Value Fund Class I (DRGVX). 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.

	GSLIX	DRGVX	Difference
Sharpe ratio: Return per unit of total volatility	2.43	2.48	-0.05
Sortino ratio: Return per unit of downside risk	3.41	3.43	-0.03
Omega ratio: Gain probability vs. loss probability	1.43	1.44	-0.01
Calmar ratio: Return relative to maximum drawdown	4.16	4.59	-0.44
Martin ratio: Return relative to average drawdown	17.45	16.80	+0.65

GSLIX vs. DRGVX - Sharpe Ratio Comparison

The current GSLIX Sharpe Ratio is 2.43, which is comparable to the DRGVX Sharpe Ratio of 2.48. The chart below compares the historical Sharpe Ratios of GSLIX and DRGVX, 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

GSLIX vs. DRGVX - Drawdown Comparison

The maximum GSLIX drawdown since its inception was -53.28%, which is greater than DRGVX's maximum drawdown of -42.60%. Use the drawdown chart below to compare losses from any high point for GSLIX and DRGVX.

Drawdown Indicators

	GSLIX	DRGVX	Difference
Max Drawdown Largest peak-to-trough decline	-53.28%	-42.60%	-10.68%
Max Drawdown (1Y) Largest decline over 1 year	-7.18%	-6.65%	-0.53%
Max Drawdown (3Y) Largest decline over 3 years	-22.42%	-17.01%	-5.41%
Max Drawdown (5Y) Largest decline over 5 years	-22.42%	-17.01%	-5.41%
Max Drawdown (10Y) Largest decline over 10 years	-36.93%	-42.60%	+5.67%
Current Drawdown Current decline from peak	0.00%	-0.28%	+0.28%
Average Drawdown Average peak-to-trough decline	-7.98%	-4.32%	-3.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.70%	1.82%	-0.12%

Volatility

GSLIX vs. DRGVX - Volatility Comparison

Goldman Sachs Large Cap Value Fund (GSLIX) has a higher volatility of 4.51% compared to BNY Mellon Dynamic Value Fund Class I (DRGVX) at 4.25%. This indicates that GSLIX's price experiences larger fluctuations and is considered to be riskier than DRGVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GSLIX	DRGVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.51%	4.25%	+0.26%
Volatility (6M) Calculated over the trailing 6-month period	9.86%	9.57%	+0.29%
Volatility (1Y) Calculated over the trailing 1-year period	12.29%	12.34%	-0.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.73%	15.60%	+3.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.07%	18.85%	+0.22%

GSLIX vs. DRGVX - Expense Ratio Comparison

GSLIX has a 0.73% expense ratio, which is higher than DRGVX's 0.68% expense ratio.

Dividends

GSLIX vs. DRGVX - Dividend Comparison

GSLIX's dividend yield for the trailing twelve months is around 12.30%, more than DRGVX's 5.94% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DRGVX BNY Mellon Dynamic Value Fund Class I	5.94%	6.88%	6.87%	5.31%	7.99%	21.73%	2.85%	3.52%	17.87%	10.95%	2.89%	16.07%
GSLIX Goldman Sachs Large Cap Value Fund	12.30%	14.48%	23.46%	6.25%	9.37%	12.38%	3.54%	5.82%	13.23%	16.85%	2.08%	10.60%

Frequently Asked Questions

Can I hold both GSLIX and DRGVX in my portfolio?

With a correlation of 0.92, GSLIX and DRGVX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, GSLIX or DRGVX?

GSLIX has higher volatility (4.51%) compared to DRGVX (4.25%). In terms of maximum drawdown, GSLIX dropped -53.28% vs DRGVX's -42.60%.

Which has better risk-adjusted returns?

DRGVX currently has the higher Sharpe Ratio (2.48 vs 2.43), 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.