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:
1.57
SPY:
1.97
GSLLX:
2.14
SPY:
2.64
GSLLX:
1.29
SPY:
1.36
GSLLX:
2.41
SPY:
2.97
GSLLX:
8.52
SPY:
12.34
GSLLX:
2.40%
SPY:
2.03%
GSLLX:
13.01%
SPY:
12.68%
GSLLX:
-50.57%
SPY:
-55.19%
GSLLX:
-2.19%
SPY:
-0.01%
Returns By Period
In the year-to-date period, GSLLX achieves a 3.02% return, which is significantly lower than SPY's 4.03% return. Over the past 10 years, GSLLX has underperformed SPY with an annualized return of 6.41%, while SPY has yielded a comparatively higher 13.24% annualized return.
GSLLX
3.02%
0.99%
8.09%
18.82%
10.89%
6.41%
SPY
4.03%
2.03%
10.70%
23.63%
14.37%
13.24%
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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 0.50%, less than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSLLX Goldman Sachs Flexible Cap Fund | 0.50% | 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 | 1.16% | 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
Goldman Sachs Flexible Cap Fund (GSLLX) has a higher volatility of 3.44% compared to SPDR S&P 500 ETF (SPY) at 3.15%. This indicates that GSLLX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.