Looking to diversify beyond GSSRX? The mutual funds below have the lowest correlation with GSSRX — 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 GSSRX.
Best Diversifiers for GSSRX
14 mutual funds have low correlation with GSSRX (below 0.3), 2 of which are negatively correlated. The least correlated is Goldman Sachs Managed Futures Strategy Fund (GFIRX) (Systematic Trend) with a 1Y correlation of -0.06, up from -0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Managed Futures Strategy Fund | -0.06 | -0.12 | -0.27 | 85 | Systematic Trend | GSSRX vs GFIRX | |
| Goldman Sachs Managed Futures Strategy Fund Class ... | -0.05 | -0.11 | -0.26 | 83 | Systematic Trend | GSSRX vs GMSAX | |
| Leader Short Term High Yield Bond Fund | 0.17 | 0.20 | 0.27 | 80 | Short-Term Bond | GSSRX vs LCCMX | |
| Goldman Sachs Emerging Markets Equity Fund | 0.19 | 0.14 | 0.18 | 89 | Emerging Markets Diversified | GSSRX vs GEMIX | |
| Goldman Sachs Multi-Strategy Alternatives Fund | 0.19 | 0.16 | 0.10 | 66 | Multistrategy | GSSRX vs GMAMX |
See all 68 diversifiers for GSSRX
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Diversification Analysis
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