QRSVX vs. GTTTX

Last updated Jun 26, 2026

QRSVX (FPA Queens Road Small Cap Value Fund Investor Class) and GTTTX (Goldman Sachs Small Cap Value Insights Fund Investor Class) are both Small Cap Value Equities funds. QRSVX is passively managed, while GTTTX is actively managed. Over the past 5 years, QRSVX returned 11.92%/yr vs 15.75%/yr for GTTTX. Their correlation of 0.92 suggests significant overlap in exposure. QRSVX charges 0.94%/yr vs 0.95%/yr for GTTTX.

Performance

QRSVX vs. GTTTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FPA Queens Road Small Cap Value Fund Investor Class (QRSVX) 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

In the year-to-date period, QRSVX achieves a 25.63% return, which is significantly higher than GTTTX's 22.62% return.

QRSVX

• 1D: 0.30%
• 1M: 2.62%
• YTD: 25.63%
• 6M: 23.16%
• 1Y: 36.51%
• 3Y*: 21.79%
• 5Y*: 11.92%
• 10Y*: —

GTTTX

• 1D: 0.55%
• 1M: 3.16%
• YTD: 22.62%
• 6M: 20.02%
• 1Y: 46.33%
• 3Y*: 32.66%
• 5Y*: 15.75%
• 10Y*: 15.07%

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

QRSVX vs. GTTTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
QRSVX FPA Queens Road Small Cap Value Fund Investor Class	25.63%	13.37%	10.72%	16.04%	-9.14%	23.16%	2.50%
GTTTX Goldman Sachs Small Cap Value Insights Fund Investor Class	22.62%	12.83%	45.27%	17.37%	-13.66%	32.94%	2.28%

Correlation

The correlation between QRSVX and GTTTX is 0.89, 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	0.89
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (All Time) Calculated using the full available price history since Dec 14, 2020	0.92

The correlation between QRSVX and GTTTX has been stable across timeframes, ranging from 0.89 to 0.92 - a consistent structural relationship.

Return for Risk

QRSVX vs. GTTTX — Risk / Return Rank

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

QRSVX

QRSVX Risk / Return Rank: 86
QRSVX Sharpe Ratio Rank: 84
QRSVX Sortino Ratio Rank: 86
QRSVX Omega Ratio Rank: 77
QRSVX Calmar Ratio Rank: 93
QRSVX Martin Ratio Rank: 92

GTTTX

GTTTX Risk / Return Rank: 88
GTTTX Sharpe Ratio Rank: 87
GTTTX Sortino Ratio Rank: 84
GTTTX Omega Ratio Rank: 78
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.

QRSVX vs. GTTTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FPA Queens Road Small Cap Value Fund Investor Class (QRSVX) 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.

	QRSVX	GTTTX	Difference
Sharpe ratio: Return per unit of total volatility	2.35	2.44	-0.09
Sortino ratio: Return per unit of downside risk	3.53	3.40	+0.13
Omega ratio: Gain probability vs. loss probability	1.42	1.41	+0.01
Calmar ratio: Return relative to maximum drawdown	4.51	4.95	-0.44
Martin ratio: Return relative to average drawdown	15.92	17.43	-1.51

QRSVX vs. GTTTX - Sharpe Ratio Comparison

The current QRSVX Sharpe Ratio is 2.35, which is comparable to the GTTTX Sharpe Ratio of 2.44. The chart below compares the historical Sharpe Ratios of QRSVX 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

QRSVX vs. GTTTX - Drawdown Comparison

The maximum QRSVX drawdown since its inception was -20.59%, smaller than the maximum GTTTX drawdown of -56.58%. Use the drawdown chart below to compare losses from any high point for QRSVX and GTTTX.

Drawdown Indicators

	QRSVX	GTTTX	Difference
Max Drawdown Largest peak-to-trough decline	-20.59%	-56.58%	+35.99%
Max Drawdown (1Y) Largest decline over 1 year	-7.93%	-9.16%	+1.23%
Max Drawdown (3Y) Largest decline over 3 years	-18.91%	-39.29%	+20.38%
Max Drawdown (5Y) Largest decline over 5 years	-20.59%	-39.29%	+18.70%
Max Drawdown (10Y) Largest decline over 10 years	—	-47.29%	—
Current Drawdown Current decline from peak	-0.47%	0.00%	-0.47%
Average Drawdown Average peak-to-trough decline	-4.85%	-9.91%	+5.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.24%	2.59%	-0.35%

Volatility

QRSVX vs. GTTTX - Volatility Comparison

The current volatility for FPA Queens Road Small Cap Value Fund Investor Class (QRSVX) is 4.51%, while Goldman Sachs Small Cap Value Insights Fund Investor Class (GTTTX) has a volatility of 5.40%. This indicates that QRSVX 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

	QRSVX	GTTTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.51%	5.40%	-0.89%
Volatility (6M) Calculated over the trailing 6-month period	10.72%	12.70%	-1.98%
Volatility (1Y) Calculated over the trailing 1-year period	15.23%	18.62%	-3.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.48%	35.34%	-17.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.46%	30.80%	-13.34%

QRSVX vs. GTTTX - Expense Ratio Comparison

QRSVX has a 0.94% expense ratio, which is lower than GTTTX's 0.95% expense ratio.

Dividends

QRSVX vs. GTTTX - Dividend Comparison

QRSVX's dividend yield for the trailing twelve months is around 3.54%, less than GTTTX's 6.84% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GTTTX Goldman Sachs Small Cap Value Insights Fund Investor Class	6.84%	8.39%	52.07%	1.87%	3.85%	40.18%	0.90%	0.90%	12.37%	11.87%	4.51%	7.00%
QRSVX FPA Queens Road Small Cap Value Fund Investor Class	3.54%	4.45%	4.86%	2.56%	2.07%	1.66%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QRSVX and GTTTX in my portfolio?

QRSVX and GTTTX have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QRSVX or GTTTX?

GTTTX has higher volatility (5.40%) compared to QRSVX (4.51%). In terms of maximum drawdown, QRSVX dropped -20.59% vs GTTTX's -56.58%.

Which has better risk-adjusted returns?

GTTTX currently has the higher Sharpe Ratio (2.44 vs 2.35), 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.