Looking to diversify beyond GGOIX? The mutual funds below have the lowest correlation with GGOIX — 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 GGOIX.
Best Diversifiers for GGOIX
1 mutual funds have low correlation with GGOIX (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 0.27, roughly unchanged from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Short Duration Bond Fund | 0.27 | 0.23 | 0.25 | 70 | Short-Term Bond | GGOIX vs GSSRX | |
| Goldman Sachs International Small Cap Insights Fun... | 0.68 | 0.62 | 0.67 | 64 | Foreign Small & Mid Cap Equities | GGOIX vs GICIX | |
| Goldman Sachs International Equity Insights Fund | 0.68 | 0.66 | 0.69 | 61 | Foreign Large Cap Equities | GGOIX vs GCIIX | |
| Tanaka Growth Fund | 0.70 | 0.72 | 0.77 | 53 | Mid Cap Growth Equities | GGOIX vs TGFRX | |
| Essex Environmental Opportunities Fund | 0.70 | 0.75 | 0.81 | 66 | Mid Cap Growth Equities | GGOIX vs EEOFX |
See all 18 diversifiers for GGOIX
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