Looking to diversify beyond GSAHX? The mutual funds below have the lowest correlation with GSAHX — 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 GSAHX.
Best Diversifiers for GSAHX
1 mutual funds have low correlation with GSAHX (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 0.26, roughly unchanged from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Short Duration Bond Fund | 0.26 | 0.21 | 0.25 | 69 | Short-Term Bond | GSAHX vs GSSRX | |
| Goldman Sachs Income Builder Fund | 0.72 | 0.75 | 0.73 | 73 | Diversified Portfolio | GSAHX vs GSBFX | |
| Goldman Sachs U.S. Equity Dividend and Premium Fun... | 0.76 | 0.78 | 0.81 | 78 | Large Cap Blend Equities | GSAHX vs GSPKX | |
| Needham Small Cap Growth Fund | 0.86 | 0.85 | 0.87 | 95 | Small Cap Growth Equities | GSAHX vs NESGX | |
| Needham Small Cap Growth Fund Institutional | 0.86 | 0.85 | 0.87 | 95 | Small Cap Growth Equities | GSAHX vs NESIX |
See all 11 diversifiers for GSAHX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements GSAHX
Add GSAHX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GSAHX