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
16 mutual funds have low correlation with GSSRX (below 0.3), 5 of which are negatively correlated. The least correlated is Goldman Sachs MLP Energy Infrastructure Fund (GLPIX) (Energy Equities) with a 1Y correlation of -0.17, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs MLP Energy Infrastructure Fund | -0.17 | 0.05 | 0.09 | 70 | Energy Equities | GSSRX vs GLPIX | |
| Goldman Sachs Energy Infrastructure Fund Class P | -0.16 | 0.06 | 0.10 | 80 | MLPs | GSSRX vs GAMPX | |
| Goldman Sachs Energy Infrastructure Fund | -0.15 | 0.07 | 0.10 | 80 | Energy Equities | GSSRX vs GLEIX | |
| Goldman Sachs Managed Futures Strategy Fund | -0.11 | -0.10 | -0.27 | 79 | Systematic Trend | GSSRX vs GFIRX | |
| Goldman Sachs Managed Futures Strategy Fund Class ... | -0.09 | -0.10 | -0.26 | 78 | Systematic Trend | GSSRX vs GMSAX |
See all 75 diversifiers for GSSRX
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