Looking to diversify beyond GCIIX? The mutual funds below have historically moved differently from GCIIX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for GCIIX
7 mutual funds have low correlation with GCIIX (below 0.3), 3 of which are negatively correlated. The least correlated is Goldman Sachs Energy Infrastructure Fund Class P (GAMPX) (Infrastructure Equities) with a 1Y correlation of -0.09, down from 0.41 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Energy Infrastructure Fund Class P | -0.09 | 0.26 | 0.41 | 82 | Infrastructure Equities, MLPs | GCIIX vs GAMPX | |
| Goldman Sachs Energy Infrastructure Fund | -0.08 | 0.26 | 0.41 | 82 | Infrastructure Equities, Energy Equities | GCIIX vs GLEIX | |
| Goldman Sachs MLP Energy Infrastructure Fund | -0.06 | 0.25 | 0.40 | 76 | Infrastructure Equities, Energy Equities | GCIIX vs GLPIX | |
| Goldman Sachs Commodity Strategy Fund | 0.04 | 0.16 | 0.24 | 66 | Commodities | GCIIX vs GCCIX | |
| Goldman Sachs Short-Term Conservative Income Fund | 0.18 | 0.13 | 0.08 | 99 | Ultrashort Bond | GCIIX vs GPPIX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for GCIIX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.41, roughly unchanged from 0.48 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.41 | 0.38 | 0.48 | 56 | Technology |
Build a portfolio that complements GCIIX
Add GCIIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GCIIX