GSSQX vs. GSPKX

Last updated Jun 6, 2026

GSSQX (Goldman Sachs U.S. Equity Insights Fund) and GSPKX (Goldman Sachs U.S. Equity Dividend and Premium Fund) are both Large Cap Blend Equities funds from Goldman Sachs. Over the past 10 years, GSSQX returned 15.96%/yr vs 12.97%/yr for GSPKX. With a 0.96 correlation, they move nearly in lockstep. GSSQX charges 0.92%/yr vs 0.71%/yr for GSPKX.

Performance

GSSQX vs. GSPKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs U.S. Equity Insights Fund (GSSQX) and Goldman Sachs U.S. Equity Dividend and Premium Fund (GSPKX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GSSQX achieves a 7.96% return, which is significantly lower than GSPKX's 10.07% return. Over the past 10 years, GSSQX has outperformed GSPKX with an annualized return of 15.96%, while GSPKX has yielded a comparatively lower 12.97% annualized return.

GSSQX

• 1D: 0.23%
• 1M: 2.14%
• YTD: 7.96%
• 6M: 8.33%
• 1Y: 25.14%
• 3Y*: 28.19%
• 5Y*: 15.82%
• 10Y*: 15.96%

GSPKX

• 1D: 0.25%
• 1M: 2.68%
• YTD: 10.07%
• 6M: 10.13%
• 1Y: 24.89%
• 3Y*: 20.87%
• 5Y*: 12.96%
• 10Y*: 12.97%

*Multi-year figures are annualized to reflect compound growth (CAGR)

GSSQX vs. GSPKX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GSSQX Goldman Sachs U.S. Equity Insights Fund	7.96%	15.15%	51.06%	23.14%	-19.63%	28.81%	17.81%	25.41%	-6.81%	23.45%
GSPKX Goldman Sachs U.S. Equity Dividend and Premium Fund	10.07%	13.60%	29.55%	21.39%	-15.20%	22.79%	14.15%	25.11%	-6.29%	15.32%

Correlation

The correlation between GSSQX and GSPKX is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.97
Correlation (3Y) Calculated over the trailing 3-year period	0.97
Correlation (5Y) Calculated over the trailing 5-year period	0.97
Correlation (10Y) Calculated over the trailing 10-year period	0.96
Correlation (All Time) Calculated using the full available price history since Jan 4, 2006	0.97

The correlation between GSSQX and GSPKX has been stable across timeframes, ranging from 0.96 to 0.97 - a consistent structural relationship.

Return for Risk

GSSQX vs. GSPKX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GSSQX

GSSQX Risk / Return Rank: 48
GSSQX Sharpe Ratio Rank: 51
GSSQX Sortino Ratio Rank: 48
GSSQX Omega Ratio Rank: 50
GSSQX Calmar Ratio Rank: 41
GSSQX Martin Ratio Rank: 51

GSPKX

GSPKX Risk / Return Rank: 77
GSPKX Sharpe Ratio Rank: 77
GSPKX Sortino Ratio Rank: 73
GSPKX Omega Ratio Rank: 75
GSPKX Calmar Ratio Rank: 71
GSPKX Martin Ratio Rank: 87

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GSSQX vs. GSPKX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs U.S. Equity Insights Fund (GSSQX) and Goldman Sachs U.S. Equity Dividend and Premium Fund (GSPKX). 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.

	GSSQX	GSPKX	Difference
Sharpe ratio: Return per unit of total volatility	2.05	2.50	-0.45
Sortino ratio: Return per unit of downside risk	2.85	3.46	-0.61
Omega ratio: Gain probability vs. loss probability	1.37	1.48	-0.10
Calmar ratio: Return relative to maximum drawdown	2.35	3.14	-0.80
Martin ratio: Return relative to average drawdown	10.20	15.99	-5.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GSSQX vs. GSPKX - Sharpe Ratio Comparison

The current GSSQX Sharpe Ratio is 2.05, which is comparable to the GSPKX Sharpe Ratio of 2.50. The chart below compares the historical Sharpe Ratios of GSSQX and GSPKX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GSSQX	GSPKX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.05	2.50	-0.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.66	0.81	-0.15
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.73	0.77	-0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.54	0.54	0.00

Drawdowns

GSSQX vs. GSPKX - Drawdown Comparison

The maximum GSSQX drawdown since its inception was -55.61%, which is greater than GSPKX's maximum drawdown of -51.90%. Use the drawdown chart below to compare losses from any high point for GSSQX and GSPKX.

Drawdown Indicators

	GSSQX	GSPKX	Difference
Max Drawdown Largest peak-to-trough decline	-55.61%	-51.90%	-3.71%
Max Drawdown (1Y) Largest decline over 1 year	-10.59%	-7.83%	-2.76%
Max Drawdown (3Y) Largest decline over 3 years	-30.23%	-20.51%	-9.72%
Max Drawdown (5Y) Largest decline over 5 years	-30.23%	-22.34%	-7.89%
Max Drawdown (10Y) Largest decline over 10 years	-34.47%	-32.70%	-1.77%
Current Drawdown Current decline from peak	-0.57%	-0.35%	-0.22%
Average Drawdown Average peak-to-trough decline	-9.81%	-5.99%	-3.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.42%	1.53%	+0.89%

Volatility

GSSQX vs. GSPKX - Volatility Comparison

Goldman Sachs U.S. Equity Insights Fund (GSSQX) has a higher volatility of 2.95% compared to Goldman Sachs U.S. Equity Dividend and Premium Fund (GSPKX) at 2.02%. This indicates that GSSQX's price experiences larger fluctuations and is considered to be riskier than GSPKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GSSQX	GSPKX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.95%	2.02%	+0.93%
Volatility (6M) Calculated over the trailing 6-month period	9.15%	7.76%	+1.39%
Volatility (1Y) Calculated over the trailing 1-year period	12.10%	9.84%	+2.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.00%	15.99%	+8.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.86%	16.89%	+4.97%

GSSQX vs. GSPKX - Expense Ratio Comparison

GSSQX has a 0.92% expense ratio, which is higher than GSPKX's 0.71% expense ratio.

Dividends

GSSQX vs. GSPKX - Dividend Comparison

GSSQX's dividend yield for the trailing twelve months is around 11.63%, more than GSPKX's 6.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GSPKX Goldman Sachs U.S. Equity Dividend and Premium Fund	6.00%	6.32%	12.77%	6.48%	6.33%	6.01%	7.19%	6.86%	7.95%	6.13%	5.63%	6.29%
GSSQX Goldman Sachs U.S. Equity Insights Fund	11.63%	12.56%	31.49%	2.52%	0.73%	26.89%	4.31%	1.37%	4.35%	10.37%	4.05%	4.01%

Frequently Asked Questions

Can I hold both GSSQX and GSPKX in my portfolio?

With a correlation of 0.97, GSSQX and GSPKX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, GSSQX or GSPKX?

GSSQX has higher volatility (2.95%) compared to GSPKX (2.02%). In terms of maximum drawdown, GSSQX dropped -55.61% vs GSPKX's -51.90%.

Which has better risk-adjusted returns?

GSPKX currently has the higher Sharpe Ratio (2.50 vs 2.05), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.