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.
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
Key characteristics
GSLLX:
0.07
SPY:
0.28
GSLLX:
0.23
SPY:
0.54
GSLLX:
1.03
SPY:
1.08
GSLLX:
0.07
SPY:
0.29
GSLLX:
0.28
SPY:
1.35
GSLLX:
4.82%
SPY:
4.09%
GSLLX:
18.94%
SPY:
19.64%
GSLLX:
-50.57%
SPY:
-55.19%
GSLLX:
-15.53%
SPY:
-13.98%
Returns By Period
In the year-to-date period, GSLLX achieves a -11.03% return, which is significantly lower than SPY's -10.04% return. Over the past 10 years, GSLLX has underperformed SPY with an annualized return of 4.78%, while SPY has yielded a comparatively higher 11.65% annualized return.
GSLLX
-11.03%
-6.76%
-10.99%
1.60%
10.94%
4.78%
SPY
-10.04%
-7.04%
-9.15%
5.72%
14.60%
11.65%
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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 Rank
GSLLX
SPY
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 0.58%, less than SPY's 1.36% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSLLX Goldman Sachs Flexible Cap Fund | 0.58% | 0.52% | 0.41% | 0.33% | 0.36% | 0.61% | 0.84% | 1.24% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.36% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
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
The current volatility for Goldman Sachs Flexible Cap Fund (GSLLX) is 13.38%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.59%. This indicates that GSLLX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.