Looking to diversify beyond GMVIX? The mutual funds below have the lowest correlation with GMVIX — 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 GMVIX.
Best Diversifiers for GMVIX
1 mutual funds have low correlation with GMVIX (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 0.30, roughly unchanged from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Short Duration Bond Fund | 0.30 | 0.25 | 0.23 | 81 | Short-Term Bond | GMVIX vs GSSRX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.32 | 0.16 | 0.11 | 95 | Large Cap Blend Equities | GMVIX vs SVPFX | |
| Goldman Sachs International Small Cap Insights Fun... | 0.66 | 0.64 | 0.70 | 52 | Foreign Small & Mid Cap Equities | GMVIX vs GICIX | |
| Gabelli Value 25 Fund | 0.68 | 0.79 | 0.85 | 71 | Mid Cap Blend Equities | GMVIX vs GABVX | |
| Goldman Sachs International Equity Insights Fund | 0.68 | 0.67 | 0.72 | 57 | Foreign Large Cap Equities | GMVIX vs GCIIX |
See all 25 diversifiers for GMVIX
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