GSPAX vs. VHYAX
Compare and contrast key facts about Goldman Sachs U.S. Equity Dividend and Premium Fund Class A (GSPAX) and Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX).
GSPAX is an actively managed fund by Goldman Sachs. It was launched on Aug 31, 2010. VHYAX is managed by Vanguard. It was launched on Feb 7, 2019.
Performance
GSPAX vs. VHYAX - Performance Comparison
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GSPAX vs. VHYAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
GSPAX Goldman Sachs U.S. Equity Dividend and Premium Fund Class A | -6.05% | 13.27% | 29.10% | 21.09% | -15.36% | 22.39% | 13.66% | 16.34% |
VHYAX Vanguard High Dividend Yield Index Fund Admiral Shares | 1.97% | 15.39% | 17.39% | 6.68% | -0.45% | 26.08% | 1.06% | 16.67% |
Returns By Period
In the year-to-date period, GSPAX achieves a -6.05% return, which is significantly lower than VHYAX's 1.97% return.
GSPAX
- 1D
- -0.37%
- 1M
- -6.87%
- YTD
- -6.05%
- 6M
- -3.16%
- 1Y
- 10.90%
- 3Y*
- 15.89%
- 5Y*
- 10.21%
- 10Y*
- 11.04%
VHYAX
- 1D
- -0.16%
- 1M
- -5.64%
- YTD
- 1.97%
- 6M
- 4.46%
- 1Y
- 15.70%
- 3Y*
- 14.49%
- 5Y*
- 10.75%
- 10Y*
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GSPAX vs. VHYAX - Expense Ratio Comparison
GSPAX has a 1.01% expense ratio, which is higher than VHYAX's 0.08% expense ratio.
Return for Risk
GSPAX vs. VHYAX — Risk / Return Rank
GSPAX
VHYAX
GSPAX vs. VHYAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs U.S. Equity Dividend and Premium Fund Class A (GSPAX) and Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX). 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.
| GSPAX | VHYAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.70 | 1.13 | -0.42 |
Sortino ratioReturn per unit of downside risk | 1.12 | 1.61 | -0.49 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.25 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 0.71 | 1.40 | -0.68 |
Martin ratioReturn relative to average drawdown | 3.68 | 6.21 | -2.53 |
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
| GSPAX | VHYAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.70 | 1.13 | -0.42 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | 0.77 | -0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.64 | -0.16 |
Correlation
The correlation between GSPAX and VHYAX is 0.82, 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.
Dividends
GSPAX vs. VHYAX - Dividend Comparison
GSPAX's dividend yield for the trailing twelve months is around 6.67%, more than VHYAX's 2.39% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSPAX Goldman Sachs U.S. Equity Dividend and Premium Fund Class A | 6.67% | 6.05% | 12.41% | 6.14% | 6.12% | 5.67% | 6.81% | 6.47% | 7.50% | 5.73% | 5.25% | 5.86% |
VHYAX Vanguard High Dividend Yield Index Fund Admiral Shares | 2.39% | 2.42% | 2.72% | 3.09% | 2.98% | 2.74% | 3.16% | 3.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GSPAX vs. VHYAX - Drawdown Comparison
The maximum GSPAX drawdown since its inception was -52.07%, which is greater than VHYAX's maximum drawdown of -35.14%. Use the drawdown chart below to compare losses from any high point for GSPAX and VHYAX.
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Drawdown Indicators
| GSPAX | VHYAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.07% | -35.14% | -16.93% |
Max Drawdown (1Y)Largest decline over 1 year | -11.99% | -11.30% | -0.69% |
Max Drawdown (5Y)Largest decline over 5 years | -22.39% | -15.87% | -6.52% |
Max Drawdown (10Y)Largest decline over 10 years | -32.71% | — | — |
Current DrawdownCurrent decline from peak | -7.92% | -6.50% | -1.42% |
Average DrawdownAverage peak-to-trough decline | -6.22% | -3.84% | -2.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.44% | 2.54% | -0.10% |
Volatility
GSPAX vs. VHYAX - Volatility Comparison
Goldman Sachs U.S. Equity Dividend and Premium Fund Class A (GSPAX) has a higher volatility of 3.95% compared to Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX) at 3.18%. This indicates that GSPAX's price experiences larger fluctuations and is considered to be riskier than VHYAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GSPAX | VHYAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.95% | 3.18% | +0.77% |
Volatility (6M)Calculated over the trailing 6-month period | 7.66% | 7.82% | -0.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.70% | 15.12% | +1.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.96% | 13.99% | +1.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.86% | 18.10% | -1.24% |