Goldman Sachs Strategic Income Fund (GZIRX) belongs to the Nontraditional Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with GZIRX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GZIRX
GZIRX charges 0.78% annually. There are 23 mutual funds in the Nontraditional Bonds category with lower expense ratios, going as low as 0.47%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Putnam Mortgage Opportunities Fund | 0.47% | — | Apr 2015 | GZIRX vs PMOTX | |
| GMO Opportunistic Income Fund | 0.47% | — | Oct 2011 | GZIRX vs GMODX | |
| Carillon Reams Unconstrained Bond Fund | 0.50% | — | Sep 2011 | GZIRX vs SUBFX | |
| FPA Flexible Fixed Income Fund | 0.51% | — | Dec 2018 | GZIRX vs FPFIX | |
| PIMCO Strategic Bond Fund | 0.51% | — | Jan 2009 | GZIRX vs PUTIX |
Best Risk-Adjusted Alternatives to GZIRX
GZIRX has a PortfoliosLab risk / return rank of 83. There are 18 mutual funds in the Nontraditional Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Enhanced Lending Fund | 100 | — | Jul 2021 | GZIRX vs CELFX | |
| Victory Pioneer Cat Bond Fund Class Y | 100 | — | Jan 2023 | GZIRX vs CBYYX | |
| PGIM Securitized Credit Fund | 100 | — | Jun 2019 | GZIRX vs SCFZX | |
| Eaton Vance Global Macro Absolute Return Fund | 99 | — | Jun 2007 | GZIRX vs EIGMX | |
| Artisan Global Unconstrained Fund | 99 | — | Mar 2022 | GZIRX vs APFPX |
Top Performing GZIRX Alternatives (YTD)
GZIRX is at 1.53% YTD. There are 20 mutual funds in the Nontraditional Bonds category with higher YTD returns, going as high as 8.55%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Macro Absolute Return Advantage... | 8.55% | — | Aug 2010 | GZIRX vs EGRIX | |
| Putnam Mortgage Opportunities Fund | 5.66% | — | Apr 2015 | GZIRX vs PMOTX | |
| Eaton Vance Global Macro Absolute Return Fund | 5.42% | — | Jun 2007 | GZIRX vs EIGMX | |
| Artisan Global Unconstrained Fund | 5.11% | — | Mar 2022 | GZIRX vs APFPX | |
| Cliffwater Enhanced Lending Fund | 4.56% | — | Jul 2021 | GZIRX vs CELFX |
Lowest Volatility Alternatives to GZIRX
GZIRX has 2.90% 1-year volatility. There are 41 mutual funds in the Nontraditional Bonds category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Enhanced Lending Fund | 0.85% | — | Jul 2021 | GZIRX vs CELFX | |
| Dunham Long/Short Credit Fund | 1.07% | — | Dec 2004 | GZIRX vs DCAIX | |
| Victory Pioneer Cat Bond Fund Class Y | 1.20% | — | Jan 2023 | GZIRX vs CBYYX | |
| BlackRock Global Long/Short Credit Fund | 1.36% | — | Sep 2011 | GZIRX vs BGCIX | |
| GMO Opportunistic Income Fund | 1.43% | — | Oct 2011 | GZIRX vs GMODX |
Lowest Drawdown Alternatives to GZIRX
GZIRX has a 1-year max drawdown of -2.72%. There are 52 mutual funds in the Nontraditional Bonds category with shallower 1-year drawdowns, going as shallow as -0.09%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Pioneer Cat Bond Fund Class Y | -0.09% | — | Jan 2023 | GZIRX vs CBYYX | |
| Cliffwater Enhanced Lending Fund | -0.18% | — | Jul 2021 | GZIRX vs CELFX | |
| PGIM Securitized Credit Fund | -0.31% | — | Jun 2019 | GZIRX vs SCFZX | |
| Dunham Long/Short Credit Fund | -0.49% | — | Dec 2004 | GZIRX vs DCAIX | |
| GMO Opportunistic Income Fund | -0.65% | — | Oct 2011 | GZIRX vs GMODX |
Other Mutual Funds from Goldman Sachs
The 10 most viewed Goldman Sachs mutual funds shown here include GSIMX, GSINX, GCIIX and span 7 categories.
Often Compared With GZIRX
Investors most often compare GZIRX with TTRZX, ATCSX, PIMIX. These 20 comparison targets span 14 categories, based on PortfoliosLab usage data.
Compare GZIRX with Any Fund or Stock
Compare GZIRX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GZIRX with funds that move differently
Goldman Sachs Strategic Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GZIRX.
Explore GZIRX Diversifiers