Looking to diversify beyond GCVIX? The mutual funds below have the lowest correlation with GCVIX — 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 GCVIX.
Best Diversifiers for GCVIX
0 mutual funds have low correlation with GCVIX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Short Duration Bond Fund (GSSRX) (Short-Term Bond) with a 1Y correlation of 0.35, up from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Short Duration Bond Fund | 0.35 | 0.25 | 0.24 | 70 | Short-Term Bond | GCVIX vs GSSRX | |
| Federated Hermes Strategic Value Dividend Fund | 0.44 | 0.59 | 0.71 | 80 | Large Cap Value Equities | GCVIX vs SVAIX | |
| Hennessy Cornerstone Value Fund | 0.61 | 0.76 | 0.82 | 81 | Large Cap Value Equities | GCVIX vs HFCVX | |
| Goldman Sachs International Small Cap Insights Fun... | 0.69 | 0.63 | 0.70 | 64 | Foreign Small & Mid Cap Equities | GCVIX vs GICIX | |
| Goldman Sachs International Equity Insights Fund | 0.72 | 0.69 | 0.74 | 61 | Foreign Large Cap Equities | GCVIX vs GCIIX |
See all 28 diversifiers for GCVIX
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