GSPKX vs. UPRO
Compare and contrast key facts about Goldman Sachs U.S. Equity Dividend and Premium Fund (GSPKX) and ProShares UltraPro S&P 500 (UPRO).
GSPKX is managed by Goldman Sachs. It was launched on Aug 31, 2005. UPRO is a passively managed fund by ProShares that tracks the performance of the S&P 500 Index (300%). It was launched on Jun 23, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GSPKX or UPRO.
Key characteristics
| GSPKX | UPRO | |
|---|---|---|
| YTD Return | 16.49% | 49.05% |
| 1Y Return | 22.71% | 76.75% |
| 3Y Return (Ann) | 8.72% | 10.05% |
| 5Y Return (Ann) | 12.43% | 23.92% |
| 10Y Return (Ann) | 10.52% | 23.42% |
| Sharpe Ratio | 1.98 | 1.85 |
| Daily Std Dev | 10.75% | 37.83% |
| Max Drawdown | -52.26% | -76.82% |
| Current Drawdown | 0.00% | -4.87% |
Correlation
The correlation between GSPKX and UPRO is 0.98, 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
GSPKX vs. UPRO - Performance Comparison
In the year-to-date period, GSPKX achieves a 16.49% return, which is significantly lower than UPRO's 49.05% return. Over the past 10 years, GSPKX has underperformed UPRO with an annualized return of 10.52%, while UPRO has yielded a comparatively higher 23.42% annualized 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. UPRO - Expense Ratio Comparison
GSPKX has a 0.71% expense ratio, which is lower than UPRO's 0.92% expense ratio.
Risk-Adjusted Performance
GSPKX vs. UPRO - 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 ProShares UltraPro S&P 500 (UPRO). 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. UPRO - Dividend Comparison
GSPKX's dividend yield for the trailing twelve months is around 5.55%, more than UPRO's 0.64% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSPKX Goldman Sachs U.S. Equity Dividend and Premium Fund | 5.55% | 6.48% | 6.90% | 6.01% | 7.19% | 6.86% | 7.95% | 6.13% | 5.63% | 6.29% | 6.28% | 6.32% |
UPRO ProShares UltraPro S&P 500 | 0.64% | 0.74% | 0.52% | 0.06% | 0.11% | 0.53% | 0.63% | 0.00% | 0.12% | 0.34% | 0.22% | 0.07% |
Drawdowns
GSPKX vs. UPRO - Drawdown Comparison
The maximum GSPKX drawdown since its inception was -52.26%, smaller than the maximum UPRO drawdown of -76.82%. Use the drawdown chart below to compare losses from any high point for GSPKX and UPRO. For additional features, visit the drawdowns tool.
Volatility
GSPKX vs. UPRO - Volatility Comparison
The current volatility for Goldman Sachs U.S. Equity Dividend and Premium Fund (GSPKX) is 3.41%, while ProShares UltraPro S&P 500 (UPRO) has a volatility of 11.85%. This indicates that GSPKX experiences smaller price fluctuations and is considered to be less risky than UPRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.