GSLLX vs. SPY
Compare and contrast key facts about Goldman Sachs Flexible Cap Fund (GSLLX) and SPDR S&P 500 ETF (SPY).
GSLLX is managed by Goldman Sachs. It was launched on Jan 31, 2008. 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: GSLLX or SPY.
Key characteristics
| GSLLX | SPY | |
|---|---|---|
| YTD Return | 24.33% | 26.01% |
| 1Y Return | 31.81% | 33.73% |
| 3Y Return (Ann) | 6.69% | 9.91% |
| 5Y Return (Ann) | 11.70% | 15.54% |
| 10Y Return (Ann) | 5.37% | 13.25% |
| Sharpe Ratio | 2.65 | 2.82 |
| Sortino Ratio | 3.59 | 3.76 |
| Omega Ratio | 1.50 | 1.53 |
| Calmar Ratio | 3.78 | 4.05 |
| Martin Ratio | 16.55 | 18.33 |
| Ulcer Index | 1.94% | 1.86% |
| Daily Std Dev | 12.09% | 12.07% |
| Max Drawdown | -50.57% | -55.19% |
| Current Drawdown | -0.31% | -0.90% |
Correlation
The correlation between GSLLX and SPY is 0.95, 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
GSLLX vs. SPY - Performance Comparison
In the year-to-date period, GSLLX achieves a 24.33% return, which is significantly lower than SPY's 26.01% return. Over the past 10 years, GSLLX has underperformed SPY with an annualized return of 5.37%, while SPY has yielded a comparatively higher 13.25% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GSLLX vs. SPY - Expense Ratio Comparison
GSLLX has a 0.71% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
GSLLX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Flexible Cap Fund (GSLLX) 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.
Dividends
GSLLX vs. SPY - Dividend Comparison
GSLLX's dividend yield for the trailing twelve months is around 0.33%, less than SPY's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSLLX Goldman Sachs Flexible Cap Fund | 0.33% | 0.41% | 0.33% | 0.36% | 0.61% | 0.84% | 1.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.18% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
GSLLX vs. SPY - Drawdown Comparison
The maximum GSLLX drawdown since its inception was -50.57%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GSLLX and SPY. For additional features, visit the drawdowns tool.
Volatility
GSLLX vs. SPY - Volatility Comparison
Goldman Sachs Flexible Cap Fund (GSLLX) and SPDR S&P 500 ETF (SPY) have volatilities of 3.73% and 3.84%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.