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 | |
| Six Circles Tax Aware Ultra Short Duration Fund | 0.15% | — | Jul 2018 | GEIIX vs CUTAX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.15% | — | Dec 2013 | GEIIX vs BUBIX | |
| 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 96. There are 54 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 | |
| Baird Ultra Short Bond Fund | 100 | — | Dec 2013 | GEIIX vs BUBSX | |
| PIMCO Short Asset Investment Fund | 100 | — | May 2012 | GEIIX vs PAIPX | |
| Fidelity Series Treasury Bill Index Fund | 100 | — | Aug 2018 | GEIIX vs FHQFX |
Top Performing GEIIX Alternatives (YTD)
GEIIX is at 1.14% YTD. There are 48 mutual funds in the Ultrashort Bond category with higher YTD returns, going as high as 2.15%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Semper Short Duration Fund | 2.15% | — | Dec 2010 | GEIIX vs SEMRX | |
| PIMCO Short Term Fund | 2.03% | — | Oct 1987 | GEIIX vs PTSHX | |
| PIMCO Short Asset Investment Fund | 1.80% | — | May 2012 | GEIIX vs PAIPX | |
| Morgan Stanley Pathway Funds Ultra-ShortTerm Fixed... | 1.77% | — | Mar 2016 | GEIIX vs TSDUX | |
| Six Circles Tax Aware Ultra Short Duration Fund | 1.74% | — | Jul 2018 | GEIIX vs CUTAX |
Lowest Volatility Alternatives to GEIIX
GEIIX has 1.54% 1-year volatility. There are 51 mutual funds in the Ultrashort Bond category with lower 1-year volatility, going as low as 0.59%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Tactical Multi-Purpose Fund | 0.59% | — | Mar 2017 | GEIIX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | 0.61% | — | Mar 2019 | GEIIX vs NUSIX | |
| Baird Ultra Short Bond Fund | 0.65% | — | Dec 2013 | GEIIX vs BUBSX | |
| Permanent Portfolio Short-Term Treasury Portfolio | 0.67% | — | Sep 1987 | GEIIX vs PRTBX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.72% | — | Dec 2013 | GEIIX vs BUBIX |
Lowest Drawdown Alternatives to GEIIX
GEIIX has a 1-year max drawdown of -0.63%. There are 53 mutual funds in the Ultrashort Bond category with shallower 1-year drawdowns, going as shallow as 0.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| U.S. Global Investors U.S. Government Ultra-Short ... | 0.00% | — | Dec 2013 | GEIIX vs UGSDX | |
| Fidelity Series Treasury Bill Index Fund | -0.10% | — | Aug 2018 | GEIIX vs FHQFX | |
| Morgan Stanley Institutional Fund Trust Ultra-Shor... | -0.10% | — | Apr 2016 | GEIIX vs MUIIX | |
| Tactical Multi-Purpose Fund | -0.10% | — | Mar 2017 | GEIIX vs TMPFX | |
| Navigator Ultra Short Term Bond Fund | -0.10% | — | Mar 2019 | GEIIX vs NUSIX |
Other Mutual Funds from Goldman Sachs
The 10 most viewed Goldman Sachs mutual funds shown here include GSIMX, GSINX, GCIIX and span 8 categories.
Often Compared With GEIIX
Investors most often compare GEIIX with ENIAX, TRBUX, TSDOX. These 8 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| SEI Institutional Investments Trust Opportunistic ... | Ultrashort Bond | 99 | 1.65% | — | Dec 2006 | GEIIX vs ENIAX | |
| T. Rowe Price Ultra Short-Term Bond Fund | Ultrashort Bond | 99 | 1.39% | — | Dec 2012 | GEIIX vs TRBUX | |
| Touchstone Ultra Short Duration Fixed Income Fund | Ultrashort Bond | 98 | 1.48% | — | Mar 1994 | GEIIX vs TSDOX | |
| CrossingBridge Ultra-Short Duration Fund | Ultrashort Bond | 99 | 1.74% | — | Jun 2021 | GEIIX vs CBUDX | |
| Goldman Sachs Short Duration Bond Fund | Short-Term Bond | 72 | 0.72% | — | Feb 2012 | GEIIX vs GSSRX | |
| Pioneer Multi-Asset Ultrashort Income Fund | Ultrashort Bond | 98 | 1.62% | — | Apr 2011 | GEIIX vs MYFRX | |
| Sterling Capital Ultra Short Bond Fund | Ultrashort Bond | — | — | — | Nov 2012 | GEIIX vs BUSIX | |
| T. Rowe Price Ultra Short-Term Bond Fund Class I | Ultrashort Bond | 99 | 1.64% | — | Jul 2017 | GEIIX vs TRSTX |
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