GSRTX vs. GIOIX
Compare and contrast key facts about Goldman Sachs Absolute Return Tracker Fund (GSRTX) and Guggenheim Macro Opportunities Fund (GIOIX).
GSRTX is managed by Goldman Sachs. It was launched on May 29, 2008. GIOIX is managed by Guggenheim Investments. It was launched on Nov 29, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GSRTX or GIOIX.
Performance
GSRTX vs. GIOIX - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with GSRTX having a 7.44% return and GIOIX slightly lower at 7.08%. Over the past 10 years, GSRTX has underperformed GIOIX with an annualized return of 1.50%, while GIOIX has yielded a comparatively higher 3.87% annualized return.
GSRTX
7.44%
0.10%
2.78%
10.21%
1.82%
1.50%
GIOIX
7.08%
0.34%
5.11%
11.37%
4.34%
3.87%
Key characteristics
| GSRTX | GIOIX | |
|---|---|---|
| Sharpe Ratio | 1.69 | 4.41 |
| Sortino Ratio | 2.17 | 9.36 |
| Omega Ratio | 1.34 | 2.35 |
| Calmar Ratio | 1.09 | 3.30 |
| Martin Ratio | 9.73 | 37.31 |
| Ulcer Index | 1.06% | 0.30% |
| Daily Std Dev | 6.13% | 2.58% |
| Max Drawdown | -19.00% | -12.22% |
| Current Drawdown | -0.80% | -0.16% |
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GSRTX vs. GIOIX - Expense Ratio Comparison
GSRTX has a 0.75% expense ratio, which is lower than GIOIX's 0.96% expense ratio.
Correlation
The correlation between GSRTX and GIOIX is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
GSRTX vs. GIOIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Absolute Return Tracker Fund (GSRTX) and Guggenheim Macro Opportunities Fund (GIOIX). 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
GSRTX vs. GIOIX - Dividend Comparison
GSRTX's dividend yield for the trailing twelve months is around 2.51%, less than GIOIX's 6.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSRTX Goldman Sachs Absolute Return Tracker Fund | 2.51% | 2.69% | 3.93% | 0.00% | 0.10% | 1.19% | 1.02% | 0.00% | 0.14% | 0.56% | 0.07% | 0.00% |
GIOIX Guggenheim Macro Opportunities Fund | 6.31% | 6.45% | 5.12% | 3.89% | 4.05% | 3.29% | 3.55% | 3.54% | 5.38% | 5.48% | 4.96% | 5.43% |
Drawdowns
GSRTX vs. GIOIX - Drawdown Comparison
The maximum GSRTX drawdown since its inception was -19.00%, which is greater than GIOIX's maximum drawdown of -12.22%. Use the drawdown chart below to compare losses from any high point for GSRTX and GIOIX. For additional features, visit the drawdowns tool.
Volatility
GSRTX vs. GIOIX - Volatility Comparison
Goldman Sachs Absolute Return Tracker Fund (GSRTX) has a higher volatility of 1.72% compared to Guggenheim Macro Opportunities Fund (GIOIX) at 0.55%. This indicates that GSRTX's price experiences larger fluctuations and is considered to be riskier than GIOIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.