GSPKX vs. GLDM
Compare and contrast key facts about Goldman Sachs U.S. Equity Dividend and Premium Fund (GSPKX) and SPDR Gold MiniShares Trust (GLDM).
GSPKX is managed by Goldman Sachs. It was launched on Aug 31, 2005. GLDM is a passively managed fund by State Street that tracks the performance of the LBMA Gold PM Price. It was launched on Jun 25, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GSPKX or GLDM.
Key characteristics
| GSPKX | GLDM | |
|---|---|---|
| YTD Return | 22.65% | 30.95% |
| 1Y Return | 24.98% | 38.53% |
| 3Y Return (Ann) | 3.67% | 13.95% |
| 5Y Return (Ann) | 7.42% | 13.03% |
| Sharpe Ratio | 2.40 | 2.57 |
| Sortino Ratio | 3.06 | 3.39 |
| Omega Ratio | 1.49 | 1.45 |
| Calmar Ratio | 2.14 | 5.58 |
| Martin Ratio | 15.36 | 17.09 |
| Ulcer Index | 1.63% | 2.18% |
| Daily Std Dev | 10.43% | 14.45% |
| Max Drawdown | -55.29% | -21.63% |
| Current Drawdown | 0.00% | -3.01% |
Correlation
The correlation between GSPKX and GLDM is 0.06, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GSPKX vs. GLDM - Performance Comparison
In the year-to-date period, GSPKX achieves a 22.65% return, which is significantly lower than GLDM's 30.95% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GSPKX vs. GLDM - Expense Ratio Comparison
GSPKX has a 0.71% expense ratio, which is higher than GLDM's 0.18% expense ratio.
Risk-Adjusted Performance
GSPKX vs. GLDM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs U.S. Equity Dividend and Premium Fund (GSPKX) and SPDR Gold MiniShares Trust (GLDM). 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
GSPKX vs. GLDM - Dividend Comparison
GSPKX's dividend yield for the trailing twelve months is around 1.24%, while GLDM has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSPKX Goldman Sachs U.S. Equity Dividend and Premium Fund | 1.24% | 1.55% | 1.69% | 1.27% | 1.67% | 1.97% | 2.32% | 1.86% | 1.92% | 2.14% | 1.90% | 2.22% |
GLDM SPDR Gold MiniShares Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GSPKX vs. GLDM - Drawdown Comparison
The maximum GSPKX drawdown since its inception was -55.29%, which is greater than GLDM's maximum drawdown of -21.63%. Use the drawdown chart below to compare losses from any high point for GSPKX and GLDM. For additional features, visit the drawdowns tool.
Volatility
GSPKX vs. GLDM - Volatility Comparison
The current volatility for Goldman Sachs U.S. Equity Dividend and Premium Fund (GSPKX) is 2.77%, while SPDR Gold MiniShares Trust (GLDM) has a volatility of 4.82%. This indicates that GSPKX experiences smaller price fluctuations and is considered to be less risky than GLDM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.