Looking to diversify beyond GGINX? The mutual funds below have the lowest correlation with GGINX — 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 GGINX.
Best Diversifiers for GGINX
10 mutual funds have low correlation with GGINX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs U.S. Equity Dividend and Premium Fund (GSPKX) (Large Cap Blend Equities) with a 1Y correlation of 0.13, down from 0.53 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs U.S. Equity Dividend and Premium Fun... | 0.13 | 0.34 | 0.53 | 77 | Large Cap Blend Equities | GGINX vs GSPKX | |
| Goldman Sachs Growth Strategy Portfolio | 0.21 | 0.42 | 0.59 | 68 | Global Allocation | GGINX vs GGSIX | |
| Goldman Sachs Short Duration Bond Fund | 0.23 | 0.35 | 0.34 | 70 | Short-Term Bond | GGINX vs GSSRX | |
| Oil Equipment & Services UltraSector ProFund | 0.25 | 0.32 | 0.40 | 74 | Energy Equities | GGINX vs OEPIX | |
| Rydex Energy Services Fund | 0.26 | 0.33 | 0.42 | 67 | Energy Equities | GGINX vs RYVIX |
See all 26 diversifiers for GGINX
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