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 | |
|---|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | — | Dec 2008 | GSHIX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.12% | 25.80B | Nov 2001 | GSHIX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | GSHIX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.22% | 25.80B | Dec 1978 | GSHIX vs VWEHX | |
| 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 | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 100 | — | Dec 2014 | GSHIX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | GSHIX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | GSHIX vs RPHIX | |
| T. Rowe Price Floating Rate Fund | 97 | — | Jul 2011 | GSHIX vs PRFRX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | GSHIX vs CWFIX |
Top Performing GSHIX Alternatives (YTD)
GSHIX is at 1.60% YTD. There are 131 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 9.01%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 9.01% | — | Dec 2014 | GSHIX vs XILSX | |
| Fairholme Focused Income Fund | 8.58% | — | Dec 2009 | GSHIX vs FOCIX | |
| Fidelity Capital & Income Fund | 7.46% | — | Nov 1977 | GSHIX vs FAGIX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.84% | — | Oct 2018 | GSHIX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.79% | — | Jul 1995 | GSHIX vs FAHCX |
Lowest Volatility Alternatives to GSHIX
GSHIX has 3.45% 1-year volatility. There are 129 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund | 0.85% | — | Mar 2019 | GSHIX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.85% | — | Sep 2010 | GSHIX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.50% | — | Jul 2014 | GSHIX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.63% | — | Oct 2012 | GSHIX vs SCFIX | |
| 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 | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | -0.10% | — | Sep 2010 | GSHIX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | GSHIX vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | GSHIX vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | GSHIX vs MDHVX | |
| 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 7 categories.
Often Compared With GSHIX
Investors most often compare GSHIX with HYG, GSRAX, GSST. These 17 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare GSHIX with Any Fund or Stock
Compare GSHIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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