Looking to diversify beyond GAMPX? The mutual funds below have the lowest correlation with GAMPX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from GAMPX.
Best Diversifiers for GAMPX
6 mutual funds have low correlation with GAMPX (below 0.3), 3 of which are negatively correlated. The least correlated is Goldman Sachs Short Duration Bond Fund (GSSRX) (Short-Term Bond) with a 1Y correlation of -0.13, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Short Duration Bond Fund | -0.13 | 0.07 | 0.10 | 69 | Short-Term Bond | GAMPX vs GSSRX | |
| Goldman Sachs U.S. Equity Dividend and Premium Fun... | -0.05 | 0.31 | 0.44 | 78 | Large Cap Blend Equities | GAMPX vs GSPKX | |
| Goldman Sachs Growth Strategy Portfolio | -0.05 | 0.31 | 0.46 | 66 | Global Allocation | GAMPX vs GGSIX | |
| Gabelli Global Financial Services Fund | 0.06 | 0.41 | 0.51 | 64 | Financials Equities | GAMPX vs GFSIX | |
| Goldman Sachs Income Builder Fund | 0.08 | 0.42 | 0.54 | 73 | Diversified Portfolio | GAMPX vs GSBFX |
See all 8 diversifiers for GAMPX
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