Looking to diversify beyond GSIPX? The mutual funds below have the lowest correlation with GSIPX — 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 GSIPX.
Best Diversifiers for GSIPX
3 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 0.09, down from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Multi-Asset Real Return Fund Class A | 0.09 | 0.28 | 0.32 | 79 | Inflation-Protected Bonds | GSIPX vs SEIAX | |
| Goldman Sachs U.S. Equity Dividend and Premium Fun... | 0.15 | 0.19 | 0.17 | 78 | Large Cap Blend Equities | GSIPX vs GSPKX | |
| Allspring Real Return Fund | 0.24 | 0.50 | 0.65 | 91 | Inflation-Protected Bonds | GSIPX vs IPBAX | |
| Goldman Sachs Income Builder Fund | 0.42 | 0.48 | 0.40 | 73 | Diversified Portfolio | GSIPX vs GSBFX | |
| Goldman Sachs Short Duration Bond Fund | 0.58 | 0.66 | 0.63 | 69 | Short-Term Bond | GSIPX vs GSSRX |
See all 14 diversifiers for GSIPX
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