Looking to diversify beyond GSIPX? The mutual funds below have historically moved differently from GSIPX, 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 GSIPX
5 mutual funds have low correlation with GSIPX (below 0.3), 0 of which are negatively correlated. The least correlated is SEI Multi-Asset Real Return Fund Class A (SEIAX) (Inflation-Protected Bonds) with a 1Y correlation of 0.02, down from 0.31 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Multi-Asset Real Return Fund Class A | 0.02 | 0.24 | 0.31 | 86 | Inflation-Protected Bonds | GSIPX vs SEIAX | |
| Goldman Sachs GQG Partners International Opportuni... | 0.22 | 0.25 | 0.19 | 54 | Foreign Large Cap Equities | GSIPX vs GSIMX | |
| Goldman Sachs GQG Partners International Opportuni... | 0.23 | 0.25 | 0.19 | 53 | Foreign Large Cap Equities | GSIPX vs GSINX | |
| Allspring Real Return Fund | 0.25 | 0.47 | 0.64 | 66 | Inflation-Protected Bonds | GSIPX vs IPBAX | |
| Goldman Sachs U.S. Equity Dividend and Premium Fun... | 0.25 | 0.21 | 0.18 | 78 | Large Cap Blend Equities | GSIPX vs GSPKX |
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