GSMIX vs. GSIKX
Compare and contrast key facts about Goldman Sachs Dynamic Municipal Income Fund (GSMIX) and Goldman Sachs International Equity Income Fund (GSIKX).
GSMIX is managed by Goldman Sachs. It was launched on Jul 19, 1993. GSIKX is managed by Goldman Sachs. It was launched on Jun 24, 2007.
Performance
GSMIX vs. GSIKX - Performance Comparison
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GSMIX vs. GSIKX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GSMIX Goldman Sachs Dynamic Municipal Income Fund | -0.49% | 4.12% | 3.03% | 6.41% | -9.77% | 2.80% | 3.57% | 7.49% | 2.83% | 5.55% |
GSIKX Goldman Sachs International Equity Income Fund | 0.53% | 34.30% | 8.81% | 17.60% | -7.93% | 13.66% | 2.59% | 26.92% | -12.12% | 26.53% |
Returns By Period
In the year-to-date period, GSMIX achieves a -0.49% return, which is significantly lower than GSIKX's 0.53% return. Over the past 10 years, GSMIX has underperformed GSIKX with an annualized return of 2.42%, while GSIKX has yielded a comparatively higher 10.17% annualized return.
GSMIX
- 1D
- 0.07%
- 1M
- -2.39%
- YTD
- -0.49%
- 6M
- 0.78%
- 1Y
- 3.18%
- 3Y*
- 3.53%
- 5Y*
- 0.95%
- 10Y*
- 2.42%
GSIKX
- 1D
- 0.79%
- 1M
- -10.43%
- YTD
- 0.53%
- 6M
- 8.51%
- 1Y
- 22.68%
- 3Y*
- 17.02%
- 5Y*
- 11.89%
- 10Y*
- 10.17%
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GSMIX vs. GSIKX - Expense Ratio Comparison
GSMIX has a 0.73% expense ratio, which is lower than GSIKX's 0.85% expense ratio.
Return for Risk
GSMIX vs. GSIKX — Risk / Return Rank
GSMIX
GSIKX
GSMIX vs. GSIKX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Dynamic Municipal Income Fund (GSMIX) and Goldman Sachs International Equity Income Fund (GSIKX). 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.
| GSMIX | GSIKX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.92 | 1.39 | -0.48 |
Sortino ratioReturn per unit of downside risk | 1.26 | 1.84 | -0.58 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.28 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 0.88 | 1.93 | -1.05 |
Martin ratioReturn relative to average drawdown | 3.14 | 7.23 | -4.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GSMIX | GSIKX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.92 | 1.39 | -0.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | 0.83 | -0.57 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | 0.64 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.95 | 0.26 | +0.69 |
Correlation
The correlation between GSMIX and GSIKX is -0.05. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
GSMIX vs. GSIKX - Dividend Comparison
GSMIX's dividend yield for the trailing twelve months is around 3.52%, less than GSIKX's 3.90% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSMIX Goldman Sachs Dynamic Municipal Income Fund | 3.52% | 4.32% | 3.31% | 2.82% | 1.86% | 1.92% | 2.11% | 2.57% | 2.79% | 2.99% | 3.35% | 3.43% |
GSIKX Goldman Sachs International Equity Income Fund | 3.90% | 3.93% | 3.23% | 2.78% | 0.64% | 2.90% | 1.96% | 2.85% | 14.89% | 1.73% | 2.35% | 1.14% |
Drawdowns
GSMIX vs. GSIKX - Drawdown Comparison
The maximum GSMIX drawdown since its inception was -15.43%, smaller than the maximum GSIKX drawdown of -56.58%. Use the drawdown chart below to compare losses from any high point for GSMIX and GSIKX.
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Drawdown Indicators
| GSMIX | GSIKX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.43% | -56.58% | +41.15% |
Max Drawdown (1Y)Largest decline over 1 year | -4.44% | -11.28% | +6.84% |
Max Drawdown (5Y)Largest decline over 5 years | -14.33% | -25.90% | +11.57% |
Max Drawdown (10Y)Largest decline over 10 years | -14.33% | -34.47% | +20.14% |
Current DrawdownCurrent decline from peak | -2.39% | -10.43% | +8.04% |
Average DrawdownAverage peak-to-trough decline | -2.41% | -11.90% | +9.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.25% | 3.02% | -1.77% |
Volatility
GSMIX vs. GSIKX - Volatility Comparison
The current volatility for Goldman Sachs Dynamic Municipal Income Fund (GSMIX) is 0.88%, while Goldman Sachs International Equity Income Fund (GSIKX) has a volatility of 6.90%. This indicates that GSMIX experiences smaller price fluctuations and is considered to be less risky than GSIKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GSMIX | GSIKX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.88% | 6.90% | -6.02% |
Volatility (6M)Calculated over the trailing 6-month period | 1.46% | 10.48% | -9.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.48% | 15.90% | -11.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.64% | 14.42% | -10.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.90% | 16.06% | -12.16% |