Looking to diversify beyond GGINX? The mutual funds below have historically moved differently from GGINX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for GGINX
15 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 0.07, down from 0.51 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs U.S. Equity Dividend and Premium Fun... | 0.07 | 0.31 | 0.51 | 77 | Large Cap Blend Equities | GGINX vs GSPKX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.09 | 0.22 | 0.22 | 97 | Large Cap Blend Equities | GGINX vs SVPFX | |
| Goldman Sachs Growth Strategy Portfolio | 0.11 | 0.37 | 0.56 | 67 | Global Allocation | GGINX vs GGSIX | |
| Goldman Sachs Short Duration Bond Fund | 0.11 | 0.34 | 0.33 | 83 | Short-Term Bond | GGINX vs GSSRX | |
| Goldman Sachs International Small Cap Insights Fun... | 0.24 | 0.46 | 0.58 | 74 | Foreign Small & Mid Cap Equities | GGINX vs GICIX |
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