Looking to diversify beyond GGSIX? The mutual funds below have the lowest correlation with GGSIX — 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 GGSIX.
Best Diversifiers for GGSIX
9 mutual funds have low correlation with GGSIX (below 0.3), 1 of which are negatively correlated. The least correlated is Goldman Sachs Commodity Strategy Fund (GCCIX) (Commodities) with a 1Y correlation of -0.00, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Commodity Strategy Fund | -0.00 | 0.13 | 0.23 | 57 | Commodities | GGSIX vs GCCIX | |
| Goldman Sachs Short-Term Conservative Income Fund | 0.13 | 0.11 | 0.09 | 99 | Ultrashort Bond | GGSIX vs GPPIX | |
| LoCorr Macro Strategies Fund Class I | 0.20 | 0.12 | -0.00 | 88 | Global Allocation | GGSIX vs LFMIX | |
| Goldman Sachs Dynamic Municipal Income Fund Invest... | 0.24 | 0.23 | 0.17 | 72 | Municipal Bonds | GGSIX vs GUIRX | |
| Goldman Sachs Enhanced Income Fund | 0.24 | 0.23 | 0.23 | 95 | Ultrashort Bond | GGSIX vs GEIIX |
See all 98 diversifiers for GGSIX
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