ICISX vs. GTTTX

Last updated Jun 25, 2026

ICISX (VY Columbia Small Cap Value II Portfolio) and GTTTX (Goldman Sachs Small Cap Value Insights Fund Investor Class) are both Small Cap Value Equities funds. Over the past 10 years, ICISX returned 11.25%/yr vs 15.01%/yr for GTTTX. With a 0.96 correlation, they move nearly in lockstep. ICISX charges 0.92%/yr vs 0.95%/yr for GTTTX.

Performance

ICISX vs. GTTTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VY Columbia Small Cap Value II Portfolio (ICISX) and Goldman Sachs Small Cap Value Insights Fund Investor Class (GTTTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with ICISX having a 21.27% return and GTTTX slightly higher at 21.95%. Over the past 10 years, ICISX has underperformed GTTTX with an annualized return of 11.25%, while GTTTX has yielded a comparatively higher 15.01% annualized return.

ICISX

• 1D: -0.12%
• 1M: 5.40%
• YTD: 21.27%
• 6M: 18.98%
• 1Y: 37.09%
• 3Y*: 18.36%
• 5Y*: 8.54%
• 10Y*: 11.25%

GTTTX

• 1D: -0.36%
• 1M: 4.37%
• YTD: 21.95%
• 6M: 19.36%
• 1Y: 44.12%
• 3Y*: 32.42%
• 5Y*: 15.58%
• 10Y*: 15.01%

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

ICISX vs. GTTTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ICISX VY Columbia Small Cap Value II Portfolio	21.27%	8.38%	11.15%	14.13%	-13.57%	34.53%	9.95%	20.26%	-17.54%	11.24%
GTTTX Goldman Sachs Small Cap Value Insights Fund Investor Class	21.95%	12.83%	45.27%	17.37%	-13.66%	32.94%	0.21%	23.37%	-10.83%	7.34%

Correlation

The correlation between ICISX and GTTTX is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (10Y) Calculated over the trailing 10-year period	0.95
Correlation (All Time) Calculated using the full available price history since Jan 2, 2008	0.96

The correlation between ICISX and GTTTX shifts across timeframes, from 0.83 (1 year) to 0.96 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ICISX vs. GTTTX — Risk / Return Rank

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

ICISX

ICISX Risk / Return Rank: 87
ICISX Sharpe Ratio Rank: 88
ICISX Sortino Ratio Rank: 85
ICISX Omega Ratio Rank: 77
ICISX Calmar Ratio Rank: 93
ICISX Martin Ratio Rank: 91

GTTTX

GTTTX Risk / Return Rank: 87
GTTTX Sharpe Ratio Rank: 87
GTTTX Sortino Ratio Rank: 84
GTTTX Omega Ratio Rank: 77
GTTTX Calmar Ratio Rank: 95
GTTTX Martin Ratio Rank: 94

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.

ICISX vs. GTTTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VY Columbia Small Cap Value II Portfolio (ICISX) and Goldman Sachs Small Cap Value Insights Fund Investor Class (GTTTX). 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.

	ICISX	GTTTX	Difference
Sharpe ratio: Return per unit of total volatility	2.54	2.49	+0.05
Sortino ratio: Return per unit of downside risk	3.61	3.46	+0.15
Omega ratio: Gain probability vs. loss probability	1.43	1.42	+0.01
Calmar ratio: Return relative to maximum drawdown	4.58	5.06	-0.48
Martin ratio: Return relative to average drawdown	15.91	17.80	-1.89

ICISX vs. GTTTX - Sharpe Ratio Comparison

The current ICISX Sharpe Ratio is 2.54, which is comparable to the GTTTX Sharpe Ratio of 2.49. The chart below compares the historical Sharpe Ratios of ICISX and GTTTX, 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

ICISX vs. GTTTX - Drawdown Comparison

The maximum ICISX drawdown since its inception was -59.91%, which is greater than GTTTX's maximum drawdown of -56.58%. Use the drawdown chart below to compare losses from any high point for ICISX and GTTTX.

Drawdown Indicators

	ICISX	GTTTX	Difference
Max Drawdown Largest peak-to-trough decline	-59.91%	-56.58%	-3.33%
Max Drawdown (1Y) Largest decline over 1 year	-9.50%	-9.16%	-0.34%
Max Drawdown (3Y) Largest decline over 3 years	-28.05%	-39.29%	+11.24%
Max Drawdown (5Y) Largest decline over 5 years	-28.05%	-39.29%	+11.24%
Max Drawdown (10Y) Largest decline over 10 years	-49.01%	-47.29%	-1.72%
Current Drawdown Current decline from peak	-0.59%	-0.36%	-0.23%
Average Drawdown Average peak-to-trough decline	-10.79%	-9.91%	-0.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.68%	2.59%	+0.09%

Volatility

ICISX vs. GTTTX - Volatility Comparison

The current volatility for VY Columbia Small Cap Value II Portfolio (ICISX) is 4.79%, while Goldman Sachs Small Cap Value Insights Fund Investor Class (GTTTX) has a volatility of 5.40%. This indicates that ICISX experiences smaller price fluctuations and is considered to be less risky than GTTTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ICISX	GTTTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.79%	5.40%	-0.61%
Volatility (6M) Calculated over the trailing 6-month period	11.88%	12.69%	-0.81%
Volatility (1Y) Calculated over the trailing 1-year period	17.19%	18.66%	-1.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.66%	35.35%	-13.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.66%	30.81%	-7.15%

ICISX vs. GTTTX - Expense Ratio Comparison

ICISX has a 0.92% expense ratio, which is lower than GTTTX's 0.95% expense ratio.

Dividends

ICISX vs. GTTTX - Dividend Comparison

ICISX's dividend yield for the trailing twelve months is around 23.05%, more than GTTTX's 6.88% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GTTTX Goldman Sachs Small Cap Value Insights Fund Investor Class	6.88%	8.39%	52.07%	1.87%	3.85%	40.18%	0.90%	0.90%	12.37%	11.87%	4.51%	7.00%
ICISX VY Columbia Small Cap Value II Portfolio	23.05%	27.95%	11.14%	7.68%	17.24%	0.74%	4.30%	13.90%	14.67%	4.45%	4.26%	0.62%

Frequently Asked Questions

Can I hold both ICISX and GTTTX in my portfolio?

ICISX and GTTTX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ICISX or GTTTX?

GTTTX has higher volatility (5.40%) compared to ICISX (4.79%). In terms of maximum drawdown, ICISX dropped -59.91% vs GTTTX's -56.58%.

Which has better risk-adjusted returns?

ICISX currently has the higher Sharpe Ratio (2.54 vs 2.49), 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.