Looking to diversify beyond GSDIX? The mutual funds below have the lowest correlation with GSDIX — 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 GSDIX.
Best Diversifiers for GSDIX
1 mutual funds have low correlation with GSDIX (below 0.3), 0 of which are negatively correlated. The least correlated is Virtus Stone Harbor Emerging Markets Income Fund (EDF) (Emerging Markets Bonds) with a 1Y correlation of 0.27, roughly unchanged from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Virtus Stone Harbor Emerging Markets Income Fund | 0.27 | 0.26 | 0.31 | 56 | Emerging Markets Bonds | GSDIX vs EDF | |
| Goldman Sachs U.S. Equity Dividend and Premium Fun... | 0.43 | 0.32 | 0.31 | 77 | Large Cap Blend Equities | GSDIX vs GSPKX | |
| DoubleLine Low Duration Emerging Markets Fixed Inc... | 0.48 | 0.54 | 0.61 | 98 | Emerging Markets Bonds | GSDIX vs DBLLX | |
| Goldman Sachs International Equity Insights Fund | 0.49 | 0.40 | 0.38 | 61 | Foreign Large Cap Equities | GSDIX vs GCIIX | |
| Goldman Sachs International Small Cap Insights Fun... | 0.50 | 0.43 | 0.40 | 64 | Foreign Small & Mid Cap Equities | GSDIX vs GICIX |
See all 22 diversifiers for GSDIX
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