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:
0.19
SPY:
1.81
GSRAX:
0.32
SPY:
2.43
GSRAX:
1.06
SPY:
1.33
GSRAX:
0.07
SPY:
2.74
GSRAX:
0.52
SPY:
11.36
GSRAX:
5.93%
SPY:
2.03%
GSRAX:
16.41%
SPY:
12.74%
GSRAX:
-69.73%
SPY:
-55.19%
GSRAX:
-39.76%
SPY:
-0.73%
Returns By Period
In the year-to-date period, GSRAX achieves a 4.31% return, which is significantly higher than SPY's 3.28% return. Over the past 10 years, GSRAX has underperformed SPY with an annualized return of -3.92%, while SPY has yielded a comparatively higher 13.17% annualized return.
GSRAX
4.31%
4.78%
-5.09%
1.94%
4.13%
-3.92%
SPY
3.28%
4.28%
12.39%
22.37%
14.20%
13.17%
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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 1.64%, more than SPY's 1.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSRAX Goldman Sachs Rising Dividend Growth Fund | 1.64% | 1.71% | 3.60% | 2.38% | 2.60% | 4.01% | 2.72% | 3.69% | 1.81% | 1.41% | 0.92% | 0.63% |
SPY SPDR S&P 500 ETF | 1.17% | 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 3.14%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.41%. 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.