GSSRX vs. SGLP.L
Compare and contrast key facts about Goldman Sachs Short Duration Bond Fund (GSSRX) and Invesco Physical Gold A (SGLP.L).
GSSRX is managed by Goldman Sachs. It was launched on Feb 29, 2012. SGLP.L is a passively managed fund by Invesco that tracks the performance of the Gold. It was launched on Jun 24, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GSSRX or SGLP.L.
Key characteristics
| GSSRX | SGLP.L | |
|---|---|---|
| YTD Return | 4.10% | 25.58% |
| 1Y Return | 7.02% | 28.57% |
| 3Y Return (Ann) | 1.44% | 13.56% |
| 5Y Return (Ann) | 1.91% | 12.12% |
| 10Y Return (Ann) | 2.04% | 10.28% |
| Sharpe Ratio | 2.94 | 2.30 |
| Sortino Ratio | 4.89 | 3.11 |
| Omega Ratio | 1.67 | 1.41 |
| Calmar Ratio | 2.11 | 4.79 |
| Martin Ratio | 18.24 | 11.69 |
| Ulcer Index | 0.39% | 2.51% |
| Daily Std Dev | 2.43% | 12.76% |
| Max Drawdown | -8.53% | -38.83% |
| Current Drawdown | -0.89% | -4.79% |
Correlation
The correlation between GSSRX and SGLP.L is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GSSRX vs. SGLP.L - Performance Comparison
In the year-to-date period, GSSRX achieves a 4.10% return, which is significantly lower than SGLP.L's 25.58% return. Over the past 10 years, GSSRX has underperformed SGLP.L with an annualized return of 2.04%, while SGLP.L has yielded a comparatively higher 10.28% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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GSSRX vs. SGLP.L - Expense Ratio Comparison
GSSRX has a 0.48% expense ratio, which is higher than SGLP.L's 0.12% expense ratio.
Risk-Adjusted Performance
GSSRX vs. SGLP.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Short Duration Bond Fund (GSSRX) and Invesco Physical Gold A (SGLP.L). 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
GSSRX vs. SGLP.L - Dividend Comparison
GSSRX's dividend yield for the trailing twelve months is around 3.82%, while SGLP.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSSRX Goldman Sachs Short Duration Bond Fund | 3.82% | 3.15% | 2.18% | 1.36% | 2.16% | 2.86% | 2.55% | 2.21% | 2.08% | 2.43% | 1.61% | 1.44% |
SGLP.L Invesco Physical Gold A | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
GSSRX vs. SGLP.L - Drawdown Comparison
The maximum GSSRX drawdown since its inception was -8.53%, smaller than the maximum SGLP.L drawdown of -38.83%. Use the drawdown chart below to compare losses from any high point for GSSRX and SGLP.L. For additional features, visit the drawdowns tool.
Volatility
GSSRX vs. SGLP.L - Volatility Comparison
The current volatility for Goldman Sachs Short Duration Bond Fund (GSSRX) is 0.60%, while Invesco Physical Gold A (SGLP.L) has a volatility of 5.00%. This indicates that GSSRX experiences smaller price fluctuations and is considered to be less risky than SGLP.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.