Looking to diversify beyond GSPCX? The mutual funds below have the lowest correlation with GSPCX — 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 GSPCX.
Best Diversifiers for GSPCX
2 mutual funds have low correlation with GSPCX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Strategic Volatility Premium Fund (SVPFX) (Large Cap Blend Equities) with a 1Y correlation of 0.27, up from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.27 | 0.13 | 0.12 | 70 | Large Cap Blend Equities | GSPCX vs SVPFX | |
| Goldman Sachs Short Duration Bond Fund | 0.27 | 0.24 | 0.25 | 73 | Short-Term Bond | GSPCX vs GSSRX | |
| North Square Preferred and Income Securities Fund | 0.50 | 0.35 | 0.42 | 72 | Large Cap Blend Equities | GSPCX vs ORDNX | |
| Rock Oak Core Growth Fund | 0.63 | 0.73 | 0.82 | 57 | Large Cap Blend Equities | GSPCX vs RCKSX | |
| Glenmede Responsible ESG U.S. Equity Portfolio | 0.69 | 0.82 | 0.88 | 88 | Large Cap Blend Equities | GSPCX vs RESGX |
See all 29 diversifiers for GSPCX
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