Goldman Sachs Multi-Manager Alternatives Fund (GIMMX) belongs to the Multistrategy category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with GIMMX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GIMMX
GIMMX charges 1.93% annually. There are 36 mutual funds in the Multistrategy category with lower expense ratios, going as low as 0.18%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Aspiriant Defensive Allocation Fund | 0.18% | — | Dec 2015 | GIMMX vs RMDFX | |
| Symmetry Panoramic Alternatives Fund | 0.50% | — | Nov 2018 | GIMMX vs SPATX | |
| Morgan Stanley Pathway Funds Alternative Strategie... | 0.59% | — | Feb 2018 | GIMMX vs TALTX | |
| GMO Alternative Allocation Fund | 0.61% | — | May 2019 | GIMMX vs GAAVX | |
| John Hancock Funds Alternative Asset Allocation Fu... | 0.72% | — | Jan 2009 | GIMMX vs JAAAX |
Best Risk-Adjusted Alternatives to GIMMX
GIMMX has a PortfoliosLab risk / return rank of 67. There are 31 mutual funds in the Multistrategy category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Stone Ridge Reinsurance Risk Premium Interval Fund | 100 | — | Dec 2013 | GIMMX vs SRRIX | |
| Absolute Convertible Arbitrage Fund Institutional ... | 100 | — | Aug 2017 | GIMMX vs ARBIX | |
| Strategic Advisers Alternatives Fund | 99 | — | Jul 2022 | GIMMX vs FSLTX | |
| AQR Diversified Arbitrage Fund Class I | 99 | — | Jan 2009 | GIMMX vs ADAIX | |
| Blackstone Alternative Multi-Strategy Fund | 99 | — | Jun 2014 | GIMMX vs BXMIX |
Top Performing GIMMX Alternatives (YTD)
GIMMX is at 6.56% YTD. There are 21 mutual funds in the Multistrategy category with higher YTD returns, going as high as 17.17%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| AQR Alternative Risk Premia R6 | 17.17% | — | Sep 2017 | GIMMX vs QRPRX | |
| AQR Alternative Risk Premia Fund | 17.10% | — | Sep 2017 | GIMMX vs QRPIX | |
| AQR Alternative Risk Premia Fund Class N | 17.01% | — | Sep 2017 | GIMMX vs QRPNX | |
| AQR Style Premia Alternative Fund | 11.56% | — | Oct 2013 | GIMMX vs QSPIX | |
| AQR Style Premia Alternative Fund Class N | 11.49% | — | Oct 2013 | GIMMX vs QSPNX |
Lowest Volatility Alternatives to GIMMX
GIMMX has 8.43% 1-year volatility. There are 37 mutual funds in the Multistrategy category with lower 1-year volatility, going as low as 1.23%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Absolute Convertible Arbitrage Fund Institutional ... | 1.23% | — | Aug 2017 | GIMMX vs ARBIX | |
| AQR Diversified Arbitrage Fund Class I | 1.41% | — | Jan 2009 | GIMMX vs ADAIX | |
| AQR Diversified Arbitrage Fund Class N | 1.42% | — | Jan 2009 | GIMMX vs ADANX | |
| T. Rowe Price Multi-Strategy Total Return Fund | 1.67% | — | Feb 2018 | GIMMX vs TMSRX | |
| Strategic Advisers Alternatives Fund | 2.18% | — | Jul 2022 | GIMMX vs FSLTX |
Lowest Drawdown Alternatives to GIMMX
GIMMX has a 1-year max drawdown of -4.18%. There are 30 mutual funds in the Multistrategy category with shallower 1-year drawdowns, going as shallow as -0.39%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| AQR Diversified Arbitrage Fund Class N | -0.39% | — | Jan 2009 | GIMMX vs ADANX | |
| AQR Diversified Arbitrage Fund Class I | -0.46% | — | Jan 2009 | GIMMX vs ADAIX | |
| Absolute Convertible Arbitrage Fund Institutional ... | -0.51% | — | Aug 2017 | GIMMX vs ARBIX | |
| Stone Ridge Reinsurance Risk Premium Interval Fund | -0.55% | — | Dec 2013 | GIMMX vs SRRIX | |
| T. Rowe Price Multi-Strategy Total Return Fund | -0.83% | — | Feb 2018 | GIMMX vs TMSRX |
Other Mutual Funds from Goldman Sachs
The 10 most viewed Goldman Sachs mutual funds shown here include GSIMX, GSINX, GCIIX and span 8 categories.
Often Compared With GIMMX
Investors most often compare GIMMX with VOO, BAMBX, SHRIX. These 11 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | S&P 500 | 68 | 9.75% | 1.70T | Sep 2010 | GIMMX vs VOO | |
| BlackRock Systematic Multi-Strategy Fund | Multistrategy | 6 | 0.00% | — | Sep 2020 | GIMMX vs BAMBX | |
| Stone Ridge High Yield Reinsurance Risk Premium Fu... | Multistrategy | 98 | 1.80% | — | Feb 2013 | GIMMX vs SHRIX | |
| AQR Style Premia Alternative R6 | Multistrategy | 44 | 11.48% | — | Sep 2014 | GIMMX vs QSPRX | |
| FS Credit Income Fund Class I | Multistrategy | 97 | 2.81% | — | Nov 2017 | GIMMX vs FCRIX | |
| GuideStone Funds Strategic Alternatives Fund | Multistrategy | 42 | 0.67% | — | Jun 2017 | GIMMX vs GFSYX | |
| Allspring Alternative Risk Premia Fund | Multistrategy | 95 | 8.83% | — | Jan 2019 | GIMMX vs WRPIX | |
| Goldman Sachs Short Duration Bond Fund | Short-Term Bond | 72 | 0.72% | — | Feb 2012 | GIMMX vs GSSRX | |
| 1290 Multi-Alternative Strategies Fund | Multistrategy | 82 | 9.29% | — | Jul 2015 | GIMMX vs TNMIX | |
| AlphaCentric Symmetry Strategy Fund Class I | Multistrategy | 61 | 7.24% | — | Aug 2019 | GIMMX vs SYMIX | |
| Abbey Capital Multi Asset Fund Class I | Multistrategy | 79 | 10.70% | — | Apr 2018 | GIMMX vs MAFIX |
Compare GIMMX with Any Fund or Stock
Compare GIMMX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GIMMX with funds that move differently
Goldman Sachs Multi-Manager Alternatives Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GIMMX.
Explore GIMMX Diversifiers