GSRAX vs. SPY
Compare and contrast key facts about Goldman Sachs Rising Dividend Growth Fund (GSRAX) and SPDR S&P 500 ETF (SPY).
GSRAX is managed by Goldman Sachs. It was launched on Mar 23, 2004. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GSRAX or SPY.
Correlation
The correlation between GSRAX and SPY is 0.90, 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
GSRAX vs. SPY - Performance Comparison
Key characteristics
GSRAX:
-0.37
SPY:
0.54
GSRAX:
-0.33
SPY:
0.90
GSRAX:
0.95
SPY:
1.13
GSRAX:
-0.15
SPY:
0.57
GSRAX:
-0.70
SPY:
2.24
GSRAX:
10.56%
SPY:
4.82%
GSRAX:
21.12%
SPY:
20.02%
GSRAX:
-69.73%
SPY:
-55.19%
GSRAX:
-43.76%
SPY:
-7.53%
Returns By Period
In the year-to-date period, GSRAX achieves a -2.62% return, which is significantly higher than SPY's -3.30% return. Over the past 10 years, GSRAX has underperformed SPY with an annualized return of -4.68%, while SPY has yielded a comparatively higher 12.33% annualized return.
GSRAX
-2.62%
12.03%
-16.98%
-7.87%
6.77%
-4.68%
SPY
-3.30%
13.81%
-4.52%
10.65%
15.81%
12.33%
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GSRAX vs. SPY - Expense Ratio Comparison
GSRAX has a 1.03% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
GSRAX vs. SPY — Risk-Adjusted Performance Rank
GSRAX
SPY
GSRAX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Rising Dividend Growth Fund (GSRAX) and SPDR S&P 500 ETF (SPY). 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
GSRAX vs. SPY - Dividend Comparison
GSRAX's dividend yield for the trailing twelve months is around 14.20%, more than SPY's 1.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSRAX Goldman Sachs Rising Dividend Growth Fund | 14.20% | 13.80% | 9.59% | 14.97% | 11.55% | 4.39% | 11.85% | 97.89% | 21.56% | 3.16% | 0.92% | 0.77% |
SPY SPDR S&P 500 ETF | 1.27% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
GSRAX vs. SPY - Drawdown Comparison
The maximum GSRAX drawdown since its inception was -69.73%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GSRAX and SPY. For additional features, visit the drawdowns tool.
Volatility
GSRAX vs. SPY - Volatility Comparison
The current volatility for Goldman Sachs Rising Dividend Growth Fund (GSRAX) is 9.95%, while SPDR S&P 500 ETF (SPY) has a volatility of 12.36%. This indicates that GSRAX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.