Looking to diversify beyond GSIYX? The mutual funds below have the lowest correlation with GSIYX — 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 GSIYX.
Best Diversifiers for GSIYX
1 mutual funds have low correlation with GSIYX (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 0.24, roughly unchanged from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Short Duration Bond Fund | 0.24 | 0.22 | 0.20 | 70 | Short-Term Bond | GSIYX vs GSSRX | |
| Goldman Sachs U.S. Equity Dividend and Premium Fun... | 0.37 | 0.58 | 0.65 | 77 | Large Cap Blend Equities | GSIYX vs GSPKX | |
| Goldman Sachs Growth Strategy Portfolio | 0.45 | 0.66 | 0.74 | 68 | Global Allocation | GSIYX vs GGSIX | |
| Goldman Sachs International Small Cap Insights Fun... | 0.53 | 0.68 | 0.76 | 64 | Foreign Small & Mid Cap Equities | GSIYX vs GICIX | |
| iShares MSCI Total International Index Fund Class ... | 0.54 | 0.73 | 0.80 | 66 | International Equity | GSIYX vs BDOAX |
See all 9 diversifiers for GSIYX
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