Looking to diversify beyond GGOIX? The mutual funds below have historically moved differently from GGOIX, 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 GGOIX
3 mutual funds have low correlation with GGOIX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs GQG Partners International Opportunities Fund (GSINX) (Foreign Large Cap Equities) with a 1Y correlation of 0.22, down from 0.57 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs GQG Partners International Opportuni... | 0.22 | 0.49 | 0.57 | 53 | Foreign Large Cap Equities | GGOIX vs GSINX | |
| Goldman Sachs GQG Partners International Opportuni... | 0.22 | 0.49 | 0.57 | 54 | Foreign Large Cap Equities | GGOIX vs GSIMX | |
| Goldman Sachs Short Duration Bond Fund | 0.27 | 0.22 | 0.25 | 71 | Short-Term Bond | GGOIX vs GSSRX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.32 | 0.15 | 0.14 | 96 | Large Cap Blend Equities | GGOIX vs SVPFX | |
| Goldman Sachs International Small Cap Insights Fun... | 0.68 | 0.62 | 0.67 | 66 | Foreign Small & Mid Cap Equities | GGOIX vs GICIX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements GGOIX
Add GGOIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GGOIX