GSSRX vs. BSV

Last updated Aug 4, 2026

GSSRX (Goldman Sachs Short Duration Bond Fund) and BSV (Vanguard Short-Term Bond Index Fund ETF Shares) are both Short-Term Bond funds. Over the past 10 years, GSSRX returned 2.33%/yr vs 1.92%/yr for BSV. Their 0.69 correlation means they have sometimes moved together and sometimes differently. GSSRX charges 0.48%/yr vs 0.03%/yr for BSV.

Performance

GSSRX vs. BSV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Short Duration Bond Fund (GSSRX) and Vanguard Short-Term Bond Index Fund ETF Shares (BSV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GSSRX achieves a 0.69% return, which is significantly higher than BSV's 0.52% return. Over the past 10 years, GSSRX has outperformed BSV with an annualized return of 2.33%, while BSV has yielded a comparatively lower 1.92% annualized return.

GSSRX

• 1D: 0.00%
• 1M: -0.41%
• 6M: 0.42%
• YTD: 0.69%
• 1Y: 3.34%
• 3Y*: 4.96%
• 5Y*: 1.98%
• 10Y*: 2.33%
• ALL TIME*: 2.12%

BSV

• 1D: 0.10%
• 1M: -0.12%
• 6M: 0.42%
• YTD: 0.52%
• 1Y: 2.46%
• 3Y*: 4.47%
• 5Y*: 1.62%
• 10Y*: 1.92%
• ALL TIME*: 2.52%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BSV Vanguard Short-Term Bond Index Fund ETF Shares	$128.14M	$170.40M	$199.65M
GSSRX Goldman Sachs Short Duration Bond Fund	$0.00	$0.00	$0.00

GSSRX vs. BSV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GSSRX Goldman Sachs Short Duration Bond Fund	0.69%	6.57%	4.53%	5.28%	-6.06%	-0.86%	5.85%	6.79%	-0.02%	1.61%
BSV Vanguard Short-Term Bond Index Fund ETF Shares	0.52%	6.00%	3.78%	4.90%	-5.49%	-1.09%	4.70%	4.98%	1.34%	1.20%

Correlation

The correlation between GSSRX and BSV is 0.78, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.78
Correlation (3Y) Balances recent behavior with more history.	0.79
Correlation (5Y) Shows whether the relationship held over a longer period.	0.79
Correlation (10Y) Provides a long-term view across more market conditions.	0.73
Correlation (All Time) Calculated using the full available price history since Jan 2, 2013	0.69

The correlation between GSSRX and BSV has been stable across timeframes, ranging from 0.69 to 0.79 - a consistent structural relationship.

Return for Risk

GSSRX vs. BSV — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

GSSRX

GSSRX Risk / Return Rank: 71
GSSRX Sharpe Ratio Rank: 65
GSSRX Sortino Ratio Rank: 80
GSSRX Omega Ratio Rank: 80
GSSRX Calmar Ratio Rank: 60
GSSRX Martin Ratio Rank: 71

BSV

BSV Risk / Return Rank: 56
BSV Sharpe Ratio Rank: 60
BSV Sortino Ratio Rank: 62
BSV Omega Ratio Rank: 58
BSV Calmar Ratio Rank: 52
BSV Martin Ratio Rank: 50

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

GSSRX vs. BSV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Short Duration Bond Fund (GSSRX) and Vanguard Short-Term Bond Index Fund ETF Shares (BSV). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	GSSRX	BSV	Difference
Sharpe ratio: Return per unit of total volatility	1.65	1.44	+0.20
Sortino ratio: Return per unit of downside risk	2.85	2.12	+0.72
Omega ratio: Gain probability vs. loss probability	1.38	1.26	+0.12
Calmar ratio: Return relative to maximum drawdown	2.21	1.92	+0.30
Martin ratio: Return relative to average drawdown	9.28	5.92	+3.36

GSSRX vs. BSV - Sharpe Ratio Comparison

The current GSSRX Sharpe Ratio is 1.65, which is comparable to the BSV Sharpe Ratio of 1.44. The chart below compares the historical Sharpe Ratios of GSSRX and BSV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

GSSRX vs. BSV - Drawdown Comparison

The maximum GSSRX drawdown since its inception was -9.03%, which is greater than BSV's maximum drawdown of -8.54%. Use the drawdown chart below to compare losses from any high point for GSSRX and BSV.

Drawdown Indicators

	GSSRX	BSV	Difference
Max Drawdown Largest peak-to-trough decline	-9.03%	-8.54%	-0.49%
Max Drawdown (1Y) Largest decline over 1 year	-1.62%	-1.29%	-0.33%
Max Drawdown (3Y) Largest decline over 3 years	-1.62%	-1.53%	-0.09%
Max Drawdown (5Y) Largest decline over 5 years	-8.88%	-8.39%	-0.49%
Max Drawdown (10Y) Largest decline over 10 years	-9.03%	-8.54%	-0.49%
Current Drawdown Current decline from peak	-0.51%	-0.40%	-0.11%
Average Drawdown Average peak-to-trough decline	-1.25%	-0.97%	-0.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.38%	0.42%	-0.04%

Volatility

GSSRX vs. BSV - Volatility Comparison

Goldman Sachs Short Duration Bond Fund (GSSRX) and Vanguard Short-Term Bond Index Fund ETF Shares (BSV) have volatilities of 0.46% and 0.47%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GSSRX	BSV	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.46%	0.47%	-0.01%
Volatility (6M) Calculated over the trailing 6-month period	1.81%	1.41%	+0.40%
Volatility (1Y) Calculated over the trailing 1-year period	2.22%	1.71%	+0.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.44%	2.74%	-0.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.42%	2.38%	+0.04%

GSSRX vs. BSV - Expense Ratio Comparison

GSSRX has a 0.48% expense ratio, which is higher than BSV's 0.03% expense ratio.

Dividends

GSSRX vs. BSV - Dividend Comparison

GSSRX's dividend yield for the trailing twelve months is around 4.03%, which matches BSV's 4.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BSV Vanguard Short-Term Bond Index Fund ETF Shares	4.04%	3.83%	3.38%	2.46%	1.50%	1.45%	1.79%	2.29%	1.99%	1.65%	1.48%	1.40%
GSSRX Goldman Sachs Short Duration Bond Fund	4.03%	4.18%	3.58%	2.36%	1.59%	1.40%	2.20%	2.87%	2.56%	2.21%	2.04%	2.15%

Frequently Asked Questions

Can I hold both GSSRX and BSV in my portfolio?

GSSRX and BSV have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GSSRX or BSV?

BSV has higher volatility (0.47%) compared to GSSRX (0.46%). In terms of maximum drawdown, GSSRX dropped -9.03% vs BSV's -8.54%.

Which has better risk-adjusted returns?

GSSRX currently has the higher Sharpe Ratio (1.65 vs 1.44), 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.