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
14 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 0.14, down from 0.54 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... | 0.14 | 0.35 | 0.54 | 79 | Large Cap Blend Equities | GGINX vs GSPKX | |
| Oil Equipment & Services UltraSector ProFund | 0.23 | 0.33 | 0.39 | 90 | Energy Equities | GGINX vs OEPIX | |
| Goldman Sachs Short Duration Bond Fund | 0.23 | 0.35 | 0.34 | 73 | Short-Term Bond | GGINX vs GSSRX | |
| Rydex Energy Services Fund | 0.24 | 0.33 | 0.42 | 89 | Energy Equities | GGINX vs RYVIX | |
| Goehring & Rozencwajg Resources Fund | 0.26 | 0.40 | 0.48 | 82 | Energy Equities | GGINX vs GRHIX |
See all 27 diversifiers for GGINX
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