Looking to diversify beyond GSSQX? The mutual funds below have the lowest correlation with GSSQX — 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 GSSQX.
Best Diversifiers for GSSQX
0 mutual funds have low correlation with GSSQX (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 0.30, roughly unchanged from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Short Duration Bond Fund | 0.30 | 0.22 | 0.24 | 72 | Short-Term Bond | GSSQX vs GSSRX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.31 | 0.14 | 0.12 | 72 | Large Cap Blend Equities | GSSQX vs SVPFX | |
| North Square Preferred and Income Securities Fund | 0.50 | 0.34 | 0.42 | 69 | Large Cap Blend Equities | GSSQX vs ORDNX | |
| Rock Oak Core Growth Fund | 0.60 | 0.69 | 0.80 | 62 | Large Cap Blend Equities | GSSQX vs RCKSX | |
| Glenmede Responsible ESG U.S. Equity Portfolio | 0.68 | 0.79 | 0.87 | 88 | Large Cap Blend Equities | GSSQX vs RESGX |
See all 37 diversifiers for GSSQX
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