Goldman Sachs Long Short Credit Strategies Fund (GSAWX) belongs to the Nontraditional Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with GSAWX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GSAWX
GSAWX charges 1.12% annually. There are 47 mutual funds in the Nontraditional Bonds category with lower expense ratios, going as low as 0.47%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO Opportunistic Income Fund | 0.47% | — | Oct 2011 | GSAWX vs GMODX | |
| Putnam Mortgage Opportunities Fund | 0.47% | — | Apr 2015 | GSAWX vs PMOTX | |
| Carillon Reams Unconstrained Bond Fund | 0.50% | — | Sep 2011 | GSAWX vs SUBFX | |
| FPA Flexible Fixed Income Fund | 0.51% | — | Dec 2018 | GSAWX vs FPFIX | |
| PIMCO Strategic Bond Fund | 0.51% | — | Jan 2009 | GSAWX vs PUTIX |
Best Risk-Adjusted Alternatives to GSAWX
GSAWX has a PortfoliosLab risk / return rank of 67. There are 33 mutual funds in the Nontraditional Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | 100 | — | Jan 2023 | GSAWX vs CBYYX | |
| PGIM Securitized Credit Fund | 99 | — | Jun 2019 | GSAWX vs SCFZX | |
| Eaton Vance Global Macro Absolute Return Fund | 99 | — | Jun 2007 | GSAWX vs EIGMX | |
| Artisan Global Unconstrained Fund | 99 | — | Mar 2022 | GSAWX vs APFPX | |
| Eaton Vance Global Macro Absolute Return Advantage... | 98 | — | Aug 2010 | GSAWX vs EGRIX |
Top Performing GSAWX Alternatives (YTD)
GSAWX is at 1.45% YTD. There are 31 mutual funds in the Nontraditional Bonds category with higher YTD returns, going as high as 7.78%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Macro Absolute Return Advantage... | 7.78% | — | Aug 2010 | GSAWX vs EGRIX | |
| Putnam Mortgage Opportunities Fund | 5.03% | — | Apr 2015 | GSAWX vs PMOTX | |
| Eaton Vance Global Macro Absolute Return Fund | 4.84% | — | Jun 2007 | GSAWX vs EIGMX | |
| Artisan Global Unconstrained Fund | 4.09% | — | Mar 2022 | GSAWX vs APFPX | |
| T. Rowe Price Dynamic Global Bond Fund | 3.29% | — | Jan 2015 | GSAWX vs RPIEX |
Lowest Volatility Alternatives to GSAWX
GSAWX has 2.94% 1-year volatility. There are 41 mutual funds in the Nontraditional Bonds category with lower 1-year volatility, going as low as 1.01%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dunham Long/Short Credit Fund | 1.01% | — | Dec 2004 | GSAWX vs DCAIX | |
| Victory Pioneer Cat Bond Fund Class Y | 1.22% | — | Jan 2023 | GSAWX vs CBYYX | |
| GMO Opportunistic Income Fund | 1.32% | — | Oct 2011 | GSAWX vs GMODX | |
| DoubleLine Flexible Income Fund | 1.37% | — | Apr 2014 | GSAWX vs DFLEX | |
| BlackRock Global Long/Short Credit Fund | 1.38% | — | Sep 2011 | GSAWX vs BGCIX |
Lowest Drawdown Alternatives to GSAWX
GSAWX has a 1-year max drawdown of -1.92%. There are 28 mutual funds in the Nontraditional Bonds category with shallower 1-year drawdowns, going as shallow as -0.09%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | -0.09% | — | Jan 2023 | GSAWX vs CBYYX | |
| PGIM Securitized Credit Fund | -0.31% | — | Jun 2019 | GSAWX vs SCFZX | |
| Dunham Long/Short Credit Fund | -0.37% | — | Dec 2004 | GSAWX vs DCAIX | |
| GMO Opportunistic Income Fund | -0.65% | — | Oct 2011 | GSAWX vs GMODX | |
| PGIM Absolute Return Bond Fund | -0.86% | — | Mar 2011 | GSAWX vs PADZX |
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 GSAWX
Investors most often compare GSAWX with WAVLX, AFLIX, GSSRX. These 5 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Wavelength Interest Rate Neutral Fund | Nontraditional Bonds | 76 | 3.13% | — | Sep 2013 | GSAWX vs WAVLX | |
| Anfield Universal Fixed Income Fund | Nontraditional Bonds | 94 | 1.42% | — | Jun 2013 | GSAWX vs AFLIX | |
| Goldman Sachs Short Duration Bond Fund | Short-Term Bond | 72 | 0.72% | — | Feb 2012 | GSAWX vs GSSRX | |
| Anchor Risk Managed Credit Strategies Fund | Nontraditional Bonds | 42 | 3.21% | — | Sep 2015 | GSAWX vs ATCSX | |
| Templeton Global Total Return Fund | Nontraditional Bonds | 19 | 1.92% | — | Sep 2008 | GSAWX vs TTRZX |
Compare GSAWX with Any Fund or Stock
Compare GSAWX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GSAWX with funds that move differently
Goldman Sachs Long Short Credit Strategies Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GSAWX.
Explore GSAWX Diversifiers