GSPCX vs. FSUVX

Last updated Jun 24, 2026

GSPCX (Goldman Sachs Large Cap Equity Fund Class C) and FSUVX (Fidelity SAI U.S. Low Volatility Index Fund) are both Large Cap Blend Equities funds. Over the past 10 years, GSPCX returned 18.84%/yr vs 11.18%/yr for FSUVX. Their correlation of 0.86 suggests significant overlap in exposure. GSPCX charges 1.75%/yr vs 0.11%/yr for FSUVX.

Performance

GSPCX vs. FSUVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Large Cap Equity Fund Class C (GSPCX) and Fidelity SAI U.S. Low Volatility Index Fund (FSUVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GSPCX achieves a 9.60% return, which is significantly higher than FSUVX's 3.46% return. Over the past 10 years, GSPCX has outperformed FSUVX with an annualized return of 18.84%, while FSUVX has yielded a comparatively lower 11.18% annualized return.

GSPCX

• 1D: -0.48%
• 1M: 1.70%
• YTD: 9.60%
• 6M: 8.56%
• 1Y: 22.93%
• 3Y*: 33.04%
• 5Y*: 18.72%
• 10Y*: 18.84%

FSUVX

• 1D: -0.59%
• 1M: -2.76%
• YTD: 3.46%
• 6M: 2.97%
• 1Y: 10.40%
• 3Y*: 13.42%
• 5Y*: 9.18%
• 10Y*: 11.18%

*Multi-year figures are annualized to reflect compound growth (CAGR)

GSPCX vs. FSUVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GSPCX Goldman Sachs Large Cap Equity Fund Class C	9.60%	14.92%	69.40%	25.53%	-20.38%	23.47%	21.83%	31.34%	-3.48%	30.86%
FSUVX Fidelity SAI U.S. Low Volatility Index Fund	3.46%	11.03%	17.40%	14.80%	-10.93%	21.51%	9.86%	27.73%	1.35%	17.68%

Correlation

The correlation between GSPCX and FSUVX is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.79
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (10Y) Calculated over the trailing 10-year period	0.85
Correlation (All Time) Calculated using the full available price history since Jun 5, 2015	0.86

The correlation between GSPCX and FSUVX shifts across timeframes, from 0.72 (1 year) to 0.86 (all time), reflecting how their relationship changes across market environments.

Return for Risk

GSPCX vs. FSUVX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GSPCX

GSPCX Risk / Return Rank: 48
GSPCX Sharpe Ratio Rank: 47
GSPCX Sortino Ratio Rank: 44
GSPCX Omega Ratio Rank: 45
GSPCX Calmar Ratio Rank: 48
GSPCX Martin Ratio Rank: 58

FSUVX

FSUVX Risk / Return Rank: 26
FSUVX Sharpe Ratio Rank: 27
FSUVX Sortino Ratio Rank: 26
FSUVX Omega Ratio Rank: 24
FSUVX Calmar Ratio Rank: 22
FSUVX Martin Ratio Rank: 31

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GSPCX vs. FSUVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Large Cap Equity Fund Class C (GSPCX) and Fidelity SAI U.S. Low Volatility Index Fund (FSUVX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GSPCX	FSUVX	Difference
Sharpe ratio: Return per unit of total volatility	1.86	1.36	+0.50
Sortino ratio: Return per unit of downside risk	2.57	1.96	+0.61
Omega ratio: Gain probability vs. loss probability	1.34	1.24	+0.10
Calmar ratio: Return relative to maximum drawdown	2.52	1.61	+0.92
Martin ratio: Return relative to average drawdown	10.95	6.69	+4.25

GSPCX vs. FSUVX - Sharpe Ratio Comparison

The current GSPCX Sharpe Ratio is 1.86, which is higher than the FSUVX Sharpe Ratio of 1.36. The chart below compares the historical Sharpe Ratios of GSPCX and FSUVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GSPCX vs. FSUVX - Drawdown Comparison

The maximum GSPCX drawdown since its inception was -59.80%, which is greater than FSUVX's maximum drawdown of -32.41%. Use the drawdown chart below to compare losses from any high point for GSPCX and FSUVX.

Drawdown Indicators

	GSPCX	FSUVX	Difference
Max Drawdown Largest peak-to-trough decline	-59.80%	-32.41%	-27.39%
Max Drawdown (1Y) Largest decline over 1 year	-9.68%	-7.28%	-2.40%
Max Drawdown (3Y) Largest decline over 3 years	-36.72%	-11.55%	-25.17%
Max Drawdown (5Y) Largest decline over 5 years	-36.72%	-19.48%	-17.24%
Max Drawdown (10Y) Largest decline over 10 years	-36.72%	-32.41%	-4.31%
Current Drawdown Current decline from peak	-5.13%	-2.76%	-2.37%
Average Drawdown Average peak-to-trough decline	-15.29%	-3.27%	-12.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.22%	1.74%	+0.48%

Volatility

GSPCX vs. FSUVX - Volatility Comparison

Goldman Sachs Large Cap Equity Fund Class C (GSPCX) has a higher volatility of 4.99% compared to Fidelity SAI U.S. Low Volatility Index Fund (FSUVX) at 2.71%. This indicates that GSPCX's price experiences larger fluctuations and is considered to be riskier than FSUVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GSPCX	FSUVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.99%	2.71%	+2.28%
Volatility (6M) Calculated over the trailing 6-month period	10.53%	6.54%	+3.99%
Volatility (1Y) Calculated over the trailing 1-year period	13.12%	8.59%	+4.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.12%	12.97%	+28.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.15%	15.19%	+16.96%

GSPCX vs. FSUVX - Expense Ratio Comparison

GSPCX has a 1.75% expense ratio, which is higher than FSUVX's 0.11% expense ratio.

Dividends

GSPCX vs. FSUVX - Dividend Comparison

GSPCX's dividend yield for the trailing twelve months is around 32.07%, more than FSUVX's 4.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSUVX Fidelity SAI U.S. Low Volatility Index Fund	4.30%	4.45%	2.25%	1.74%	4.12%	3.52%	1.31%	3.80%	2.63%	2.94%	2.23%	1.17%
GSPCX Goldman Sachs Large Cap Equity Fund Class C	32.07%	35.15%	60.78%	0.59%	17.48%	20.15%	6.00%	6.15%	79.73%	11.58%	1.81%	11.21%

Frequently Asked Questions

Can I hold both GSPCX and FSUVX in my portfolio?

GSPCX and FSUVX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GSPCX or FSUVX?

GSPCX has higher volatility (4.99%) compared to FSUVX (2.71%). In terms of maximum drawdown, GSPCX dropped -59.80% vs FSUVX's -32.41%.

Which has better risk-adjusted returns?

GSPCX currently has the higher Sharpe Ratio (1.86 vs 1.36), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.