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Goldman Sachs Small/Mid Cap Growth Fund (GSMYX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

The fund normally invests at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) ("Net Assets") in a diversified portfolio of equity investments in small and mid-cap issuers. It may invest up to 25% of its Net Assets in foreign securities, including securities of issuers in countries with emerging markets or economies and securities quoted in foreign currencies. The fund may invest up to 20% of its net assets in fixed income securities, such as government, corporate and bank debt obligations.

Looking to diversify beyond GSMYX? The mutual funds below have the lowest correlation with GSMYX — 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 GSMYX.

Best Diversifiers for GSMYX

1 mutual funds have low correlation with GSMYX (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 0.29, roughly unchanged from 0.25 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
GSSRX
Goldman Sachs Short Duration Bond Fund0.290.230.25
72
Short-Term BondGSMYX vs GSSRX
GCIIX
Goldman Sachs International Equity Insights Fund0.690.670.69
57
Foreign Large Cap EquitiesGSMYX vs GCIIX
GICIX
Goldman Sachs International Small Cap Insights Fun...0.690.640.68
61
Foreign Small & Mid Cap EquitiesGSMYX vs GICIX
GSBFX
Goldman Sachs Income Builder Fund0.740.760.74
77
Diversified PortfolioGSMYX vs GSBFX
EEOFX
Essex Environmental Opportunities Fund0.760.800.84
63
Mid Cap Growth EquitiesGSMYX vs EEOFX
See all 15 diversifiers for GSMYX

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