Looking to diversify beyond GSGRX? The mutual funds below have the lowest correlation with GSGRX — 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 GSGRX.
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 0.28, up from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.28 | 0.14 | 0.11 | 95 | Large Cap Blend Equities | GSGRX vs SVPFX | |
| Goldman Sachs Short Duration Bond Fund | 0.31 | 0.27 | 0.26 | 78 | Short-Term Bond | GSGRX vs GSSRX | |
| Voya Corporate Leaders Trust Fund | 0.36 | 0.59 | 0.71 | 70 | Large Cap Value Equities | GSGRX vs LEXCX | |
| AMG Yacktman Focused Fund | 0.42 | 0.64 | 0.75 | 86 | Large Cap Value Equities | GSGRX vs YAFFX | |
| Federated Hermes Strategic Value Dividend Fund | 0.55 | 0.63 | 0.75 | 84 | Large Cap Value Equities | GSGRX vs SVAIX |
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