RGGYX vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about Victory RS Global Fund (RGGYX) and S&P 500 Index (^GSPC).

RGGYX is managed by Victory. It was launched on May 15, 2011.

Performance

RGGYX vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Victory RS Global Fund (RGGYX) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

RGGYX vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RGGYX Victory RS Global Fund	-1.21%	17.14%	19.94%	26.95%	-18.80%	22.77%	17.27%	30.69%	-5.14%	24.78%
^GSPC S&P 500 Index	-3.95%	16.39%	23.31%	24.23%	-19.44%	26.89%	16.26%	28.88%	-6.24%	19.42%

Returns By Period

In the year-to-date period, RGGYX achieves a -1.21% return, which is significantly higher than ^GSPC's -3.95% return. Both investments have delivered pretty close results over the past 10 years, with RGGYX having a 12.71% annualized return and ^GSPC not far behind at 12.24%.

RGGYX

• 1D: 3.08%
• 1M: -5.16%
• YTD: -1.21%
• 6M: 2.11%
• 1Y: 21.07%
• 3Y*: 17.51%
• 5Y*: 10.69%
• 10Y*: 12.71%

^GSPC

• 1D: 0.72%
• 1M: -4.45%
• YTD: -3.95%
• 6M: -2.02%
• 1Y: 16.73%
• 3Y*: 16.96%
• 5Y*: 10.34%
• 10Y*: 12.24%

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

Return for Risk

RGGYX vs. ^GSPC — Risk / Return Rank

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

RGGYX

RGGYX Risk / Return Rank: 74
RGGYX Sharpe Ratio Rank: 70
RGGYX Sortino Ratio Rank: 72
RGGYX Omega Ratio Rank: 71
RGGYX Calmar Ratio Rank: 74
RGGYX Martin Ratio Rank: 83

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC Martin Ratio Rank: 77

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.

RGGYX vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Victory RS Global Fund (RGGYX) and S&P 500 Index (^GSPC). 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.

	RGGYX	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	1.29	0.92	+0.37
Sortino ratio Return per unit of downside risk	1.88	1.41	+0.46
Omega ratio Gain probability vs. loss probability	1.28	1.21	+0.06
Calmar ratio Return relative to maximum drawdown	1.84	1.41	+0.43
Martin ratio Return relative to average drawdown	8.84	6.61	+2.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RGGYX vs. ^GSPC - Sharpe Ratio Comparison

The current RGGYX Sharpe Ratio is 1.29, which is higher than the ^GSPC Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of RGGYX and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	RGGYX	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.29	0.92	+0.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.68	0.61	+0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.76	0.68	+0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.80	0.46	+0.34

Correlation

The correlation between RGGYX and ^GSPC is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Drawdowns

RGGYX vs. ^GSPC - Drawdown Comparison

The maximum RGGYX drawdown since its inception was -31.80%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for RGGYX and ^GSPC.

Drawdown Indicators

	RGGYX	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-31.80%	-56.78%	+24.98%
Max Drawdown (1Y) Largest decline over 1 year	-11.67%	-12.14%	+0.47%
Max Drawdown (5Y) Largest decline over 5 years	-26.78%	-25.43%	-1.35%
Max Drawdown (10Y) Largest decline over 10 years	-31.80%	-33.92%	+2.12%
Current Drawdown Current decline from peak	-6.22%	-5.78%	-0.44%
Average Drawdown Average peak-to-trough decline	-4.00%	-10.75%	+6.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.43%	2.60%	-0.17%

Volatility

RGGYX vs. ^GSPC - Volatility Comparison

Victory RS Global Fund (RGGYX) has a higher volatility of 6.01% compared to S&P 500 Index (^GSPC) at 5.37%. This indicates that RGGYX's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RGGYX	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.01%	5.37%	+0.64%
Volatility (6M) Calculated over the trailing 6-month period	9.78%	9.55%	+0.23%
Volatility (1Y) Calculated over the trailing 1-year period	16.75%	18.33%	-1.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.85%	16.90%	-1.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.74%	18.05%	-1.31%