Looking to diversify beyond GSNIX? The mutual funds below have the lowest correlation with GSNIX — 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 GSNIX.
Best Diversifiers for GSNIX
1 mutual funds have low correlation with GSNIX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs U.S. Equity Dividend and Premium Fund (GSPKX) (Large Cap Blend Equities) with a 1Y correlation of 0.28, up from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs U.S. Equity Dividend and Premium Fun... | 0.28 | 0.23 | 0.17 | 78 | Large Cap Blend Equities | GSNIX vs GSPKX | |
| Goldman Sachs Growth Strategy Portfolio | 0.39 | 0.33 | 0.26 | 66 | Global Allocation | GSNIX vs GGSIX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 0.47 | 0.29 | 0.21 | 90 | Intermediate Core-Plus Bond | GSNIX vs LCTRX | |
| Leader Capital High Quality Income Fund Institutio... | 0.49 | 0.27 | 0.18 | 92 | Intermediate Core-Plus Bond | GSNIX vs LCTIX | |
| Holbrook Income Fund Class I | 0.50 | 0.42 | 0.44 | 98 | Intermediate Core-Plus Bond | GSNIX vs HOBIX |
See all 12 diversifiers for GSNIX
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