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
0 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 | 0.24 | 0.23 | 72 | Short-Term Bond | GMVIX vs GSSRX | |
| Goldman Sachs International Small Cap Insights Fun... | 0.67 | 0.65 | 0.70 | 61 | Foreign Small & Mid Cap Equities | GMVIX vs GICIX | |
| Goldman Sachs International Equity Insights Fund | 0.68 | 0.68 | 0.72 | 57 | Foreign Large Cap Equities | GMVIX vs GCIIX | |
| 13D Activist Fund | 0.71 | 0.80 | 0.86 | 68 | Mid Cap Blend Equities | GMVIX vs DDDIX | |
| Gabelli Value 25 Fund | 0.73 | 0.81 | 0.86 | 68 | Mid Cap Blend Equities | GMVIX vs GABVX |
See all 25 diversifiers for GMVIX
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