LSDIX vs. GCPYX

Last updated Jun 4, 2026

LSDIX (Loomis Sayles Intermediate Duration Bond Fund) and GCPYX (Gateway Equity Call Premium Fund) are both mutual funds - LSDIX is a Short-Term Bond fund managed by Natixis, while GCPYX is a Options Trading fund managed by Natixis. Over the past 10 years, LSDIX returned 2.23%/yr vs 9.50%/yr for GCPYX. At a correlation of -0.05, they often move in opposite directions. LSDIX charges 0.40%/yr vs 0.68%/yr for GCPYX.

Performance

LSDIX vs. GCPYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Loomis Sayles Intermediate Duration Bond Fund (LSDIX) and Gateway Equity Call Premium Fund (GCPYX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LSDIX achieves a 0.03% return, which is significantly lower than GCPYX's 5.51% return. Over the past 10 years, LSDIX has underperformed GCPYX with an annualized return of 2.23%, while GCPYX has yielded a comparatively higher 9.50% annualized return.

LSDIX

• 1D: 0.00%
• 1M: 0.22%
• YTD: 0.03%
• 6M: 0.17%
• 1Y: 2.89%
• 3Y*: 4.45%
• 5Y*: 1.12%
• 10Y*: 2.23%

GCPYX

• 1D: 0.00%
• 1M: 3.07%
• YTD: 5.51%
• 6M: 6.49%
• 1Y: 20.00%
• 3Y*: 14.36%
• 5Y*: 9.80%
• 10Y*: 9.50%

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

LSDIX vs. GCPYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LSDIX Loomis Sayles Intermediate Duration Bond Fund	0.03%	5.73%	3.88%	5.75%	-8.55%	-1.38%	7.74%	7.64%	0.52%	2.66%
GCPYX Gateway Equity Call Premium Fund	5.51%	12.59%	18.15%	17.59%	-11.48%	19.28%	8.38%	16.67%	-5.37%	12.22%

Correlation

The correlation between LSDIX and GCPYX is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.12
Correlation (10Y) Calculated over the trailing 10-year period	-0.01
Correlation (All Time) Calculated using the full available price history since Oct 2, 2014	-0.05

The correlation between LSDIX and GCPYX shifts across timeframes, from -0.05 (all time) to 0.23 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

LSDIX vs. GCPYX — Risk / Return Rank

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

LSDIX

LSDIX Risk / Return Rank: 21
LSDIX Sharpe Ratio Rank: 21
LSDIX Sortino Ratio Rank: 21
LSDIX Omega Ratio Rank: 22
LSDIX Calmar Ratio Rank: 23
LSDIX Martin Ratio Rank: 19

GCPYX

GCPYX Risk / Return Rank: 86
GCPYX Sharpe Ratio Rank: 88
GCPYX Sortino Ratio Rank: 87
GCPYX Omega Ratio Rank: 86
GCPYX Calmar Ratio Rank: 79
GCPYX Martin Ratio Rank: 91

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.

LSDIX vs. GCPYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Loomis Sayles Intermediate Duration Bond Fund (LSDIX) and Gateway Equity Call Premium Fund (GCPYX). 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.

	LSDIX	GCPYX	Difference
Sharpe ratio Return per unit of total volatility	1.31	2.85	-1.55
Sortino ratio Return per unit of downside risk	1.94	4.15	-2.21
Omega ratio Gain probability vs. loss probability	1.25	1.59	-0.34
Calmar ratio Return relative to maximum drawdown	1.78	3.57	-1.80
Martin ratio Return relative to average drawdown	5.11	18.78	-13.67
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LSDIX vs. GCPYX - Sharpe Ratio Comparison

The current LSDIX Sharpe Ratio is 1.31, which is lower than the GCPYX Sharpe Ratio of 2.85. The chart below compares the historical Sharpe Ratios of LSDIX and GCPYX, 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

	LSDIX	GCPYX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.31	2.85	-1.55
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.29	0.83	-0.54
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.69	0.78	-0.09
Sharpe Ratio (All Time) Calculated using the full available price history	1.15	0.73	+0.42

Drawdowns

LSDIX vs. GCPYX - Drawdown Comparison

The maximum LSDIX drawdown since its inception was -12.92%, smaller than the maximum GCPYX drawdown of -25.24%. Use the drawdown chart below to compare losses from any high point for LSDIX and GCPYX.

Drawdown Indicators

	LSDIX	GCPYX	Difference
Max Drawdown Largest peak-to-trough decline	-12.92%	-25.24%	+12.32%
Max Drawdown (1Y) Largest decline over 1 year	-1.96%	-7.02%	+5.06%
Max Drawdown (3Y) Largest decline over 3 years	-2.36%	-15.49%	+13.13%
Max Drawdown (5Y) Largest decline over 5 years	-12.92%	-18.33%	+5.41%
Max Drawdown (10Y) Largest decline over 10 years	-12.92%	-25.24%	+12.32%
Current Drawdown Current decline from peak	-0.93%	0.00%	-0.93%
Average Drawdown Average peak-to-trough decline	-1.46%	-2.82%	+1.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.70%	2.02%	-1.32%

Volatility

LSDIX vs. GCPYX - Volatility Comparison

The current volatility for Loomis Sayles Intermediate Duration Bond Fund (LSDIX) is 0.75%, while Gateway Equity Call Premium Fund (GCPYX) has a volatility of 1.35%. This indicates that LSDIX experiences smaller price fluctuations and is considered to be less risky than GCPYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LSDIX	GCPYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.75%	1.35%	-0.60%
Volatility (6M) Calculated over the trailing 6-month period	1.83%	7.37%	-5.54%
Volatility (1Y) Calculated over the trailing 1-year period	2.66%	8.79%	-6.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.95%	12.28%	-8.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.28%	12.46%	-9.18%

LSDIX vs. GCPYX - Expense Ratio Comparison

LSDIX has a 0.40% expense ratio, which is lower than GCPYX's 0.68% expense ratio.

Dividends

LSDIX vs. GCPYX - Dividend Comparison

LSDIX's dividend yield for the trailing twelve months is around 2.98%, more than GCPYX's 0.41% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GCPYX Gateway Equity Call Premium Fund	0.41%	0.44%	0.73%	0.92%	0.96%	0.47%	0.82%	1.07%	1.12%	1.03%	1.15%	1.47%
LSDIX Loomis Sayles Intermediate Duration Bond Fund	2.98%	3.35%	4.24%	3.72%	2.38%	1.75%	4.56%	3.13%	2.69%	2.24%	2.94%	2.75%

Frequently Asked Questions

Can I hold both LSDIX and GCPYX in my portfolio?

LSDIX and GCPYX have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LSDIX or GCPYX?

GCPYX has higher volatility (1.35%) compared to LSDIX (0.75%). In terms of maximum drawdown, LSDIX dropped -12.92% vs GCPYX's -25.24%.

Which has better risk-adjusted returns?

GCPYX currently has the higher Sharpe Ratio (2.85 vs 1.31), 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.