Looking to diversify beyond GERIX? The mutual funds below have the lowest correlation with GERIX — 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 GERIX.
Best Diversifiers for GERIX
1 mutual funds have low correlation with GERIX (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 0.19, roughly unchanged from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Short Duration Bond Fund | 0.19 | 0.15 | 0.18 | 72 | Short-Term Bond | GERIX vs GSSRX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.51 | 0.64 | 0.70 | 87 | Emerging Markets Diversified | GERIX vs ESCIX | |
| Goldman Sachs Income Builder Fund | 0.57 | 0.56 | 0.58 | 77 | Diversified Portfolio | GERIX vs GSBFX | |
| Goldman Sachs International Equity Insights Fund | 0.66 | 0.66 | 0.70 | 57 | Foreign Large Cap Equities | GERIX vs GCIIX | |
| Goldman Sachs U.S. Equity Dividend and Premium Fun... | 0.66 | 0.62 | 0.61 | 77 | Large Cap Blend Equities | GERIX vs GSPKX |
See all 33 diversifiers for GERIX
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