GSHIX Alternatives & Similar Mutual Funds

Goldman Sachs High Yield Fund (GSHIX) belongs to the High Yield Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with GSHIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to GSHIX

GSHIX charges 0.71% annually. There are 58 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.

Symbol	Name	Expense Ratio	AUM	Inception
FHYSX	Federated Hermes High-Yield Strategy Portfolio	0.02%	—	Dec 2008	GSHIX vs FHYSX
VWEAX	Vanguard High-Yield Corporate Fund Admiral Shares	0.12%	25.80B	Nov 2001	GSHIX vs VWEAX
PIAMX	PIA High Yield (MACS) Fund	0.20%	—	Dec 2017	GSHIX vs PIAMX
VWEHX	Vanguard High-Yield Corporate Fund Investor Shares	0.22%	25.80B	Dec 1978	GSHIX vs VWEHX
CRDOX	Six Circles Credit Opportunities Fund	0.29%	—	Nov 2020	GSHIX vs CRDOX

Best Risk-Adjusted Alternatives to GSHIX

GSHIX has a PortfoliosLab risk / return rank of 62. There are 127 mutual funds in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 100.

Symbol	Name	Risk / Return Rank	AUM	Inception
XILSX	Pioneer ILS Interval Fund	100	—	Dec 2014	GSHIX vs XILSX
CCLFX	Cliffwater Corporate Lending Fund	100	—	Mar 2019	GSHIX vs CCLFX
RPHIX	RiverPark Short Term High Yield Fund	99	—	Sep 2010	GSHIX vs RPHIX
CWFIX	Chartwell Short Duration High Yield Fund	97	—	Jul 2014	GSHIX vs CWFIX
PSHNX	Penn Capital Short Duration High Income Fund	97	—	Jul 2017	GSHIX vs PSHNX

Top Performing GSHIX Alternatives (YTD)

GSHIX is at 1.06% YTD. There are 148 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 8.52%.

Symbol	Name	YTD Return	AUM	Inception
FAGIX	Fidelity Capital & Income Fund	8.52%	—	Nov 1977	GSHIX vs FAGIX
XILSX	Pioneer ILS Interval Fund	8.28%	—	Dec 2014	GSHIX vs XILSX
FIQTX	Fidelity Advisor High Income Advantage Fund Class ...	7.73%	—	Oct 2018	GSHIX vs FIQTX
FAHCX	Fidelity Advisor High Income Advantage Fund Class ...	7.68%	—	Jul 1995	GSHIX vs FAHCX
FAHYX	Fidelity Advisor High Income Advantage Fund Class ...	7.52%	—	Jan 1987	GSHIX vs FAHYX

Lowest Volatility Alternatives to GSHIX

GSHIX has 3.49% 1-year volatility. There are 133 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.88%.

Symbol	Name	Volatility 1Y	AUM	Inception
CCLFX	Cliffwater Corporate Lending Fund	0.88%	—	Mar 2019	GSHIX vs CCLFX
RPHIX	RiverPark Short Term High Yield Fund	0.88%	—	Sep 2010	GSHIX vs RPHIX
CWFIX	Chartwell Short Duration High Yield Fund	1.51%	—	Jul 2014	GSHIX vs CWFIX
SCFIX	Shenkman Capital Short Duration High Income Fund	1.64%	—	Oct 2012	GSHIX vs SCFIX
OSTIX	Osterweis Strategic Income Fund	1.70%	—	Aug 2002	GSHIX vs OSTIX

Lowest Drawdown Alternatives to GSHIX

GSHIX has a 1-year max drawdown of -2.66%. There are 127 mutual funds in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.10%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
RPHIX	RiverPark Short Term High Yield Fund	-0.10%	—	Sep 2010	GSHIX vs RPHIX
CCLFX	Cliffwater Corporate Lending Fund	-0.19%	—	Mar 2019	GSHIX vs CCLFX
XILSX	Pioneer ILS Interval Fund	-0.21%	—	Dec 2014	GSHIX vs XILSX
MDHVX	MainStay MacKay Short Duration High Yield Fund	-1.06%	—	Dec 2012	GSHIX vs MDHVX
SCFIX	Shenkman Capital Short Duration High Income Fund	-1.11%	—	Oct 2012	GSHIX vs SCFIX

Other Mutual Funds from Goldman Sachs

The 10 most viewed Goldman Sachs mutual funds shown here include GSIMX, GSINX, GCIIX and span 8 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
GSIMX	Goldman Sachs GQG Partners International Opportuni...	Foreign Large Cap Equities	15	3.43%	—	Dec 2016	GSHIX vs GSIMX
GSINX	Goldman Sachs GQG Partners International Opportuni...	Foreign Large Cap Equities	15	3.40%	—	Dec 2016	GSHIX vs GSINX
GCIIX	Goldman Sachs International Equity Insights Fund	Foreign Large Cap Equities	57	13.92%	—	Aug 1997	GSHIX vs GCIIX
GICIX	Goldman Sachs International Small Cap Insights Fun...	Foreign Small & Mid Cap Equities	61	14.59%	—	Sep 2007	GSHIX vs GICIX
GSBFX	Goldman Sachs Income Builder Fund	Diversified Portfolio	77	5.68%	—	Oct 1994	GSHIX vs GSBFX
GCGIX	Goldman Sachs Large Cap Growth Insights Fund	Large Cap Growth Equities	16	1.72%	—	May 1997	GSHIX vs GCGIX
GSPKX	Goldman Sachs U.S. Equity Dividend and Premium Fun...	Large Cap Blend Equities	77	10.12%	—	Aug 2005	GSHIX vs GSPKX
GSIFX	Goldman Sachs International Equity ESG Fund Class ...	Foreign Large Cap Equities, ESG	16	7.76%	—	Dec 1992	GSHIX vs GSIFX
GGSIX	Goldman Sachs Growth Strategy Portfolio	Global Allocation	66	10.13%	—	Jan 1998	GSHIX vs GGSIX
GSRAX	Goldman Sachs Rising Dividend Growth Fund	Large Cap Blend Equities, Dividend	41	11.61%	—	Mar 2004	GSHIX vs GSRAX

Often Compared With GSHIX

Investors most often compare GSHIX with GSST, HYG, RSIIX. These 16 comparison targets span 3 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
GSST	Goldman Sachs Ultra Short Bond ETF	Ultrashort Bond	99	1.72%	1.52B	Apr 2019	GSHIX vs GSST
HYG	iShares iBoxx $ High Yield Corporate Bond ETF	High Yield Bonds	54	1.65%	16.56B	Apr 2007	GSHIX vs HYG
RSIIX	RiverPark Strategic Income Fund	High Yield Bonds	68	1.69%	—	Sep 2013	GSHIX vs RSIIX
GSSRX	Goldman Sachs Short Duration Bond Fund	Short-Term Bond	72	0.72%	—	Feb 2012	GSHIX vs GSSRX
PRFRX	T. Rowe Price Floating Rate Fund	High Yield Bonds	96	0.95%	—	Jul 2011	GSHIX vs PRFRX
FOCIX	Fairholme Focused Income Fund	High Yield Bonds	38	6.44%	—	Dec 2009	GSHIX vs FOCIX
THHYX	Toews Tactical Income Fund	High Yield Bonds	44	0.58%	—	Jun 2010	GSHIX vs THHYX
CPMPX	Changing Parameters Fund	High Yield Bonds	85	0.95%	—	Oct 2006	GSHIX vs CPMPX
JGH	Nuveen Global High Income Fund	High Yield Bonds	15	5.00%	—	Nov 2014	GSHIX vs JGH
FQTIX	Franklin Templeton SMACS: Series I	High Yield Bonds	95	3.81%	—	Jun 2019	GSHIX vs FQTIX
PRCPX	T. Rowe Price Credit Opportunities Fund	High Yield Bonds	93	1.41%	—	Apr 2014	GSHIX vs PRCPX
PRHYX	T. Rowe Price High Yield Fund	High Yield Bonds	74	1.39%	—	Dec 1984	GSHIX vs PRHYX
PYHRX	Payden High Income Fund	High Yield Bonds	95	2.44%	—	Dec 1997	GSHIX vs PYHRX
SHOYX	American Beacon SiM High Yield Opportunities Fund ...	High Yield Bonds	96	2.06%	—	Feb 2011	GSHIX vs SHOYX
SHYPX	American Beacon SiM High Yld Opps Fund	High Yield Bonds	96	1.91%	—	Feb 2011	GSHIX vs SHYPX
FSHNX	Fidelity Series High Income Fund	High Yield Bonds	96	3.22%	—	Mar 2011	GSHIX vs FSHNX

Compare GSHIX with Any Fund or Stock

Compare GSHIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair GSHIX with funds that move differently

Goldman Sachs High Yield Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GSHIX.

Explore GSHIX Diversifiers

Goldman Sachs High Yield Fund (GSHIX) Alternatives