Goldman Sachs Enhanced Income Fund (GEIIX) belongs to the Ultrashort Bond category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with GEIIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GEIIX
GEIIX charges 0.36% annually. There are 33 mutual funds in the Ultrashort Bond category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Conservative Microshort Fund | 0.05% | — | Feb 2021 | GEIIX vs FHCOX | |
| DFA One Year Fixed Income Portfolio | 0.13% | — | Jul 1983 | GEIIX vs DFIHX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.15% | — | Dec 2013 | GEIIX vs BUBIX | |
| Six Circles Tax Aware Ultra Short Duration Fund | 0.15% | — | Jul 2018 | GEIIX vs CUTAX | |
| DFA Two-Year Government Portfolio | 0.17% | — | Jun 1996 | GEIIX vs DFYGX |
Best Risk-Adjusted Alternatives to GEIIX
GEIIX has a PortfoliosLab risk / return rank of 97. There are 57 mutual funds in the Ultrashort Bond category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Tactical Multi-Purpose Fund | 100 | — | Mar 2017 | GEIIX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | 100 | — | Mar 2019 | GEIIX vs NUSIX | |
| DFA One Year Fixed Income Portfolio | 100 | — | Jul 1983 | GEIIX vs DFIHX | |
| Baird Ultra Short Bond Fund | 100 | — | Dec 2013 | GEIIX vs BUBSX | |
| PIMCO Short Asset Investment Fund | 100 | — | May 2012 | GEIIX vs PAIPX |
Top Performing GEIIX Alternatives (YTD)
GEIIX is at 1.47% YTD. There are 50 mutual funds in the Ultrashort Bond category with higher YTD returns, going as high as 2.62%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Semper Short Duration Fund | 2.62% | — | Dec 2010 | GEIIX vs SEMRX | |
| PIMCO Short Term Fund | 2.39% | — | Oct 1987 | GEIIX vs PTSHX | |
| PIMCO Short Asset Investment Fund | 2.23% | — | May 2012 | GEIIX vs PAIPX | |
| T. Rowe Price Ultra Short-Term Bond Fund | 2.12% | — | Dec 2012 | GEIIX vs TRBUX | |
| Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed... | 2.01% | — | Mar 2016 | GEIIX vs TSDUX |
Lowest Volatility Alternatives to GEIIX
GEIIX has 1.53% 1-year volatility. There are 53 mutual funds in the Ultrashort Bond category with lower 1-year volatility, going as low as 0.58%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Tactical Multi-Purpose Fund | 0.58% | — | Mar 2017 | GEIIX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | 0.61% | — | Mar 2019 | GEIIX vs NUSIX | |
| DFA One Year Fixed Income Portfolio | 0.64% | — | Jul 1983 | GEIIX vs DFIHX | |
| Baird Ultra Short Bond Fund | 0.65% | — | Dec 2013 | GEIIX vs BUBSX | |
| Permanent Portfolio Short-Term Treasury Portfolio | 0.66% | — | Sep 1987 | GEIIX vs PRTBX |
Lowest Drawdown Alternatives to GEIIX
GEIIX has a 1-year max drawdown of -0.63%. There are 56 mutual funds in the Ultrashort Bond category with shallower 1-year drawdowns, going as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Baird Ultra Short Bond Fund | -0.10% | — | Dec 2013 | GEIIX vs BUBSX | |
| Fidelity Series Treasury Bill Index Fund | -0.10% | — | Aug 2018 | GEIIX vs FHQFX | |
| Navigator Ultra Short Term Bond Fund | -0.10% | — | Mar 2019 | GEIIX vs NUSIX | |
| Fidelity Conservative Income Bond Institutional Cl... | -0.10% | — | Mar 2011 | GEIIX vs FCNVX | |
| Morgan Stanley Institutional Fund Trust Ultra-Shor... | -0.10% | — | Apr 2016 | GEIIX vs MUIIX |
Other Mutual Funds from Goldman Sachs
The 10 most viewed Goldman Sachs mutual funds shown here include GSIMX, GSINX, GCIIX and span 7 categories.
Often Compared With GEIIX
Investors most often compare GEIIX with ENIAX, CBUDX, TSDOX. These 9 comparison targets span 4 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| SEI Institutional Investments Trust Opportunistic ... | Ultrashort Bond | 99 | 2.01% | — | Dec 2006 | GEIIX vs ENIAX | |
| CrossingBridge Ultra-Short Duration Fund | Ultrashort Bond | 99 | 1.86% | — | Jun 2021 | GEIIX vs CBUDX | |
| Touchstone Ultra Short Duration Fixed Income Fund | Ultrashort Bond | 99 | 1.79% | — | Mar 1994 | GEIIX vs TSDOX | |
| Goldman Sachs Short Duration Bond Fund | Short-Term Bond | 81 | 1.00% | — | Feb 2012 | GEIIX vs GSSRX | |
| Goldman Sachs Rising Dividend Growth Fund | Large Cap Blend Equities, Dividend | 34 | 11.94% | — | Mar 2004 | GEIIX vs GSRAX | |
| T. Rowe Price Ultra Short-Term Bond Fund Class I | Ultrashort Bond | 99 | 1.64% | — | Jul 2017 | GEIIX vs TRSTX | |
| Pioneer Multi-Asset Ultrashort Income Fund | Ultrashort Bond | 98 | 1.97% | — | Apr 2011 | GEIIX vs MYFRX | |
| U.S. Global Investors U.S. Government Ultra-Short ... | Ultrashort Bond | 99 | 1.62% | — | Dec 2013 | GEIIX vs UGSDX | |
| Guggenheim Ultra Short Duration Fund | Ultrashort Bond | 99 | 1.91% | — | Mar 2014 | GEIIX vs GIYIX |
Compare GEIIX with Any Fund or Stock
Compare GEIIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GEIIX with funds that move differently
Goldman Sachs Enhanced Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GEIIX.
Explore GEIIX Diversifiers