GSTGX vs. PEDIX
GSTGX (Goldman Sachs Short Duration Government Fund) and PEDIX (PIMCO Extended Duration Fund) are both Government Bonds funds. Over the past 10 years, GSTGX returned 1.33%/yr vs -3.09%/yr for PEDIX. At a 0.41 correlation, their price movements are largely independent. GSTGX charges 0.48%/yr vs 0.50%/yr for PEDIX.
Performance
GSTGX vs. PEDIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GSTGX achieves a -0.09% return, which is significantly lower than PEDIX's 0.85% return. Over the past 10 years, GSTGX has outperformed PEDIX with an annualized return of 1.33%, while PEDIX has yielded a comparatively lower -3.09% annualized return.
GSTGX
- 1D
- -0.11%
- 1M
- 0.07%
- YTD
- -0.09%
- 6M
- 0.30%
- 1Y
- 2.66%
- 3Y*
- 3.54%
- 5Y*
- 0.96%
- 10Y*
- 1.33%
PEDIX
- 1D
- -1.18%
- 1M
- 3.73%
- YTD
- 0.85%
- 6M
- 0.55%
- 1Y
- 5.26%
- 3Y*
- -4.28%
- 5Y*
- -10.00%
- 10Y*
- -3.09%
GSTGX vs. PEDIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GSTGX Goldman Sachs Short Duration Government Fund | -0.09% | 5.00% | 3.16% | 3.49% | -5.70% | -1.30% | 3.94% | 3.14% | 1.39% | 0.52% |
PEDIX PIMCO Extended Duration Fund | 0.85% | 3.01% | -12.61% | 2.71% | -40.33% | -5.54% | 24.68% | 18.66% | -4.01% | 13.85% |
Correlation
The correlation between GSTGX and PEDIX is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Aug 31, 2006 | 0.41 |
The correlation between GSTGX and PEDIX has been stable across timeframes, ranging from 0.41 to 0.51 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GSTGX vs. PEDIX — Risk / Return Rank
GSTGX
PEDIX
GSTGX vs. PEDIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Short Duration Government Fund (GSTGX) and PIMCO Extended Duration Fund (PEDIX). 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.
| GSTGX | PEDIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.05 | ||
| Sortino ratioReturn per unit of downside risk | +1.68 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.07 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 2.19 | 0.46 | +1.73 |
| Martin ratioReturn relative to average drawdown | 7.52 | 1.09 | +6.44 |
Loading charts...
Drawdowns
GSTGX vs. PEDIX - Drawdown Comparison
The maximum GSTGX drawdown since its inception was -8.73%, smaller than the maximum PEDIX drawdown of -60.38%. Use the drawdown chart below to compare losses from any high point for GSTGX and PEDIX.
Loading charts...
Drawdown Indicators
| GSTGX | PEDIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.73% | -60.38% | +51.65% |
Max Drawdown (1Y)Largest decline over 1 year | -1.27% | -12.59% | +11.32% |
Max Drawdown (3Y)Largest decline over 3 years | -1.33% | -26.92% | +25.59% |
Max Drawdown (5Y)Largest decline over 5 years | -8.27% | -56.15% | +47.88% |
Max Drawdown (10Y)Largest decline over 10 years | -8.73% | -60.38% | +51.65% |
Current DrawdownCurrent decline from peak | -0.74% | -52.62% | +51.88% |
Average DrawdownAverage peak-to-trough decline | -0.75% | -21.27% | +20.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.37% | 5.34% | -4.97% |
Volatility
GSTGX vs. PEDIX - Volatility Comparison
The current volatility for Goldman Sachs Short Duration Government Fund (GSTGX) is 0.66%, while PIMCO Extended Duration Fund (PEDIX) has a volatility of 3.57%. This indicates that GSTGX experiences smaller price fluctuations and is considered to be less risky than PEDIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GSTGX | PEDIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.66% | 3.57% | -2.91% |
Volatility (6M)Calculated over the trailing 6-month period | 1.41% | 10.65% | -9.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.94% | 14.95% | -13.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.50% | 22.11% | -19.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.02% | 20.56% | -18.54% |
GSTGX vs. PEDIX - Expense Ratio Comparison
GSTGX has a 0.48% expense ratio, which is lower than PEDIX's 0.50% expense ratio.
Dividends
GSTGX vs. PEDIX - Dividend Comparison
GSTGX's dividend yield for the trailing twelve months is around 3.40%, less than PEDIX's 3.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GSTGX Goldman Sachs Short Duration Government Fund | 3.40% | 3.25% | 2.66% | 2.42% | 1.12% | 0.72% | 1.53% | 2.47% | 2.40% | 2.06% | 1.73% | 1.00% |
PEDIX PIMCO Extended Duration Fund | 3.74% | 3.41% | 1.86% | 4.59% | 3.02% | 27.69% | 22.31% | 2.35% | 3.91% | 4.00% | 8.05% | 4.96% |
Frequently Asked Questions
GSTGX and PEDIX have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PEDIX has higher volatility (3.57%) compared to GSTGX (0.66%). In terms of maximum drawdown, GSTGX dropped -8.73% vs PEDIX's -60.38%.
GSTGX currently has the higher Sharpe Ratio (1.44 vs 0.39), 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.
Find the right allocation for GSTGX and PEDIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer