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 Short Duration Bond Fund (GSSRX) (Short-Term Bond) with a 1Y correlation of 0.27, 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 | 0.27 | 0.25 | 0.25 | 69 | Short-Term Bond | GSGRX vs GSSRX | |
| Voya Corporate Leaders Trust Fund | 0.39 | 0.62 | 0.72 | 53 | Large Cap Value Equities | GSGRX vs LEXCX | |
| Federated Hermes Strategic Value Dividend Fund | 0.58 | 0.65 | 0.76 | 70 | Large Cap Value Equities | GSGRX vs SVAIX | |
| Buffalo Flexible Income Fund | 0.65 | 0.80 | 0.86 | 71 | Large Cap Value Equities | GSGRX vs BUFBX | |
| Goldman Sachs U.S. Equity Dividend and Premium Fun... | 0.69 | 0.77 | 0.82 | 78 | Large Cap Blend Equities | GSGRX vs GSPKX |
See all 22 diversifiers for GSGRX
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