Looking to diversify beyond GSSQX? The mutual funds below have historically moved differently from GSSQX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for GSSQX
2 mutual funds have low correlation with GSSQX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs GQG Partners International Opportunities Fund (GSINX) (Foreign Large Cap Equities) with a 1Y correlation of 0.27, down from 0.63 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs GQG Partners International Opportuni... | 0.27 | 0.54 | 0.63 | 61 | Foreign Large Cap Equities | GSSQX vs GSINX | |
| Goldman Sachs GQG Partners International Opportuni... | 0.29 | 0.54 | 0.63 | 61 | Foreign Large Cap Equities | GSSQX vs GSIMX | |
| Goldman Sachs Short Duration Bond Fund | 0.32 | 0.23 | 0.24 | 83 | Short-Term Bond | GSSQX vs GSSRX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.34 | 0.15 | 0.12 | 97 | Large Cap Blend Equities | GSSQX vs SVPFX | |
| Federated Hermes MDT All Cap Core Fund Class R6 | 0.45 | 0.61 | 0.79 | 50 | Large Cap Blend Equities | GSSQX vs QKACX |
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