PRPFX vs. GLEIX
PRPFX (Permanent Portfolio Class I) and GLEIX (Goldman Sachs Energy Infrastructure Fund) are both mutual funds - PRPFX is a Diversified Portfolio fund actively managed by Permanent Portfolio, while GLEIX is a Energy Equities fund managed by Goldman Sachs. Over the past 5 years, PRPFX returned 10.93%/yr vs 23.61%/yr for GLEIX. A 0.58 correlation means they provide meaningful diversification when combined. PRPFX charges 0.81%/yr vs 1.23%/yr for GLEIX.
Performance
PRPFX vs. GLEIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PRPFX achieves a 2.58% return, which is significantly lower than GLEIX's 24.97% return.
PRPFX
- 1D
- 0.10%
- 1M
- -1.50%
- 6M
- -1.25%
- YTD
- 2.58%
- 1Y
- 15.54%
- 3Y*
- 18.96%
- 5Y*
- 10.93%
- 10Y*
- 10.09%
GLEIX
- 1D
- -0.68%
- 1M
- 0.35%
- 6M
- 26.23%
- YTD
- 24.97%
- 1Y
- 29.14%
- 3Y*
- 31.40%
- 5Y*
- 23.61%
- 10Y*
- —
PRPFX vs. GLEIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PRPFX Permanent Portfolio Class I | 2.58% | 28.78% | 19.36% | 11.96% | -5.48% | 10.87% | 18.80% | 19.20% | -7.02% | 2.40% |
GLEIX Goldman Sachs Energy Infrastructure Fund | 24.97% | 5.30% | 58.18% | 15.08% | 18.96% | 38.31% | -17.46% | 16.95% | -15.17% | 6.98% |
Correlation
The correlation between PRPFX and GLEIX is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Oct 23, 2017 | 0.58 |
Over the past year, the correlation between PRPFX and GLEIX has dropped to 0.05 - well below their long-term average of 0.58, suggesting their price drivers have been diverging.
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
PRPFX vs. GLEIX — Risk / Return Rank
PRPFX
GLEIX
PRPFX vs. GLEIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Permanent Portfolio Class I (PRPFX) and Goldman Sachs Energy Infrastructure Fund (GLEIX). 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.
| PRPFX | GLEIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.78 | ||
| Sortino ratioReturn per unit of downside risk | -1.21 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.34 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.63 | 4.10 | -2.47 |
| Martin ratioReturn relative to average drawdown | 4.12 | 9.46 | -5.34 |
Loading charts...
Drawdowns
PRPFX vs. GLEIX - Drawdown Comparison
The maximum PRPFX drawdown since its inception was -27.16%, smaller than the maximum GLEIX drawdown of -59.27%. Use the drawdown chart below to compare losses from any high point for PRPFX and GLEIX.
Loading charts...
Drawdown Indicators
| PRPFX | GLEIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.16% | -59.27% | +32.11% |
Max Drawdown (1Y)Largest decline over 1 year | -9.74% | -7.29% | -2.45% |
Max Drawdown (3Y)Largest decline over 3 years | -9.74% | -17.07% | +7.33% |
Max Drawdown (5Y)Largest decline over 5 years | -15.49% | -21.89% | +6.40% |
Max Drawdown (10Y)Largest decline over 10 years | -20.84% | — | — |
Current DrawdownCurrent decline from peak | -8.23% | -3.64% | -4.59% |
Average DrawdownAverage peak-to-trough decline | -3.53% | -8.49% | +4.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.84% | 3.15% | +0.69% |
Volatility
PRPFX vs. GLEIX - Volatility Comparison
The current volatility for Permanent Portfolio Class I (PRPFX) is 3.05%, while Goldman Sachs Energy Infrastructure Fund (GLEIX) has a volatility of 5.36%. This indicates that PRPFX experiences smaller price fluctuations and is considered to be less risky than GLEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PRPFX | GLEIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.05% | 5.36% | -2.31% |
Volatility (6M)Calculated over the trailing 6-month period | 11.31% | 11.55% | -0.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.96% | 14.90% | -1.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.12% | 20.59% | -9.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.66% | 25.38% | -14.72% |
PRPFX vs. GLEIX - Expense Ratio Comparison
PRPFX has a 0.81% expense ratio, which is lower than GLEIX's 1.23% expense ratio.
Dividends
PRPFX vs. GLEIX - Dividend Comparison
PRPFX's dividend yield for the trailing twelve months is around 3.18%, less than GLEIX's 8.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLEIX Goldman Sachs Energy Infrastructure Fund | 8.28% | 10.00% | 25.43% | 10.22% | 4.70% | 8.41% | 4.17% | 4.83% | 3.54% | 0.68% | 0.00% | 0.00% |
PRPFX Permanent Portfolio Class I | 3.18% | 3.27% | 1.86% | 1.39% | 1.58% | 2.05% | 5.38% | 4.69% | 6.90% | 2.14% | 0.95% | 7.06% |
Frequently Asked Questions
PRPFX and GLEIX have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GLEIX has higher volatility (5.36%) compared to PRPFX (3.05%). In terms of maximum drawdown, PRPFX dropped -27.16% vs GLEIX's -59.27%.
GLEIX currently has the higher Sharpe Ratio (2.01 vs 1.22), 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 PRPFX and GLEIX
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