Looking to diversify beyond GSGRX? The mutual funds below have historically moved differently from GSGRX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for GSGRX
1 mutual funds have low correlation with GSGRX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Strategic Volatility Premium Fund (SVPFX) (Large Cap Blend Equities) with a 1Y correlation of 0.27, up from 0.11 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.27 | 0.13 | 0.11 | 96 | Large Cap Blend Equities | GSGRX vs SVPFX | |
| Federated Hermes Equity Income Fund | 0.30 | 0.56 | 0.76 | 68 | Dividend, Large Cap Value Equities | GSGRX vs LEIFX | |
| Goldman Sachs Short Duration Bond Fund | 0.31 | 0.26 | 0.25 | 71 | Short-Term Bond | GSGRX vs GSSRX | |
| Allspring Emerging Markets Equity Income Fund | 0.33 | 0.40 | 0.48 | 68 | Dividend, Emerging Markets Equities | GSGRX vs EQIIX | |
| Voya Corporate Leaders Trust Fund | 0.33 | 0.58 | 0.70 | 94 | Large Cap Value Equities | GSGRX vs LEXCX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements GSGRX
Add GSGRX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GSGRX