Looking to diversify beyond GSAGX? The mutual funds below have the lowest correlation with GSAGX — 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 GSAGX.
Best Diversifiers for GSAGX
1 mutual funds have low correlation with GSAGX (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 0.22, roughly unchanged from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Short Duration Bond Fund | 0.22 | 0.11 | 0.14 | 73 | Short-Term Bond | GSAGX vs GSSRX | |
| Goldman Sachs Income Builder Fund | 0.41 | 0.38 | 0.38 | 70 | Diversified Portfolio | GSAGX vs GSBFX | |
| Goldman Sachs U.S. Equity Dividend and Premium Fun... | 0.46 | 0.39 | 0.40 | 79 | Large Cap Blend Equities | GSAGX vs GSPKX | |
| Goldman Sachs International Small Cap Insights Fun... | 0.48 | 0.47 | 0.49 | 56 | Foreign Small & Mid Cap Equities | GSAGX vs GICIX | |
| Matthews China Small Companies Fund | 0.68 | 0.79 | 0.82 | 91 | China Equities | GSAGX vs MCSMX |
See all 15 diversifiers for GSAGX
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