PSMIX vs. GFSYX
Compare and contrast key facts about Principal Global Multi-Strategy Fund (PSMIX) and GuideStone Funds Strategic Alternatives Fund (GFSYX).
PSMIX is managed by Principal. It was launched on Oct 23, 2011. GFSYX is managed by GuideStone Funds. It was launched on Jun 29, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PSMIX or GFSYX.
Key characteristics
| PSMIX | GFSYX | |
|---|---|---|
| YTD Return | 7.40% | 5.75% |
| 1Y Return | 9.07% | 7.17% |
| 3Y Return (Ann) | 4.25% | 4.41% |
| 5Y Return (Ann) | 4.99% | 3.42% |
| Sharpe Ratio | 2.45 | 3.86 |
| Daily Std Dev | 3.66% | 1.88% |
| Max Drawdown | -13.94% | -10.03% |
| Current Drawdown | -0.27% | -0.31% |
Correlation
The correlation between PSMIX and GFSYX is 0.30, 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
PSMIX vs. GFSYX - Performance Comparison
In the year-to-date period, PSMIX achieves a 7.40% return, which is significantly higher than GFSYX's 5.75% 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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PSMIX vs. GFSYX - Expense Ratio Comparison
PSMIX has a 1.63% expense ratio, which is higher than GFSYX's 1.15% expense ratio.
Risk-Adjusted Performance
PSMIX vs. GFSYX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal Global Multi-Strategy Fund (PSMIX) and GuideStone Funds Strategic Alternatives Fund (GFSYX). 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
PSMIX vs. GFSYX - Dividend Comparison
PSMIX's dividend yield for the trailing twelve months is around 3.26%, less than GFSYX's 12.29% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PSMIX Principal Global Multi-Strategy Fund | 3.26% | 3.50% | 12.10% | 4.04% | 1.68% | 0.00% | 6.52% | 2.91% | 0.15% | 3.02% | 2.53% | 1.08% |
GFSYX GuideStone Funds Strategic Alternatives Fund | 12.29% | 13.00% | 4.20% | 1.59% | 1.53% | 2.24% | 2.17% | 0.70% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PSMIX vs. GFSYX - Drawdown Comparison
The maximum PSMIX drawdown since its inception was -13.94%, which is greater than GFSYX's maximum drawdown of -10.03%. Use the drawdown chart below to compare losses from any high point for PSMIX and GFSYX. For additional features, visit the drawdowns tool.
Volatility
PSMIX vs. GFSYX - Volatility Comparison
Principal Global Multi-Strategy Fund (PSMIX) has a higher volatility of 1.05% compared to GuideStone Funds Strategic Alternatives Fund (GFSYX) at 0.61%. This indicates that PSMIX's price experiences larger fluctuations and is considered to be riskier than GFSYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.