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 | |
|---|---|---|---|---|---|
| GMO Opportunistic Income Fund | 0.47% | — | Oct 2011 | GZIRX vs GMODX | |
| Putnam Mortgage Opportunities Fund | 0.47% | — | Apr 2015 | GZIRX vs PMOTX | |
| 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 87. There are 19 mutual funds in the Nontraditional Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| 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 | |
| Eaton Vance Global Macro Absolute Return Advantage... | 98 | — | Aug 2010 | GZIRX vs EGRIX |
Top Performing GZIRX Alternatives (YTD)
GZIRX is at 1.74% YTD. There are 26 mutual funds in the Nontraditional Bonds category with higher YTD returns, going as high as 8.64%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Macro Absolute Return Advantage... | 8.64% | — | Aug 2010 | GZIRX vs EGRIX | |
| Putnam Mortgage Opportunities Fund | 5.58% | — | Apr 2015 | GZIRX vs PMOTX | |
| Eaton Vance Global Macro Absolute Return Fund | 5.42% | — | Jun 2007 | GZIRX vs EIGMX | |
| Artisan Global Unconstrained Fund | 4.47% | — | Mar 2022 | GZIRX vs APFPX | |
| T. Rowe Price Dynamic Global Bond Fund | 4.15% | — | Jan 2015 | GZIRX vs RPIEX |
Lowest Volatility Alternatives to GZIRX
GZIRX has 2.82% 1-year volatility. There are 39 mutual funds in the Nontraditional Bonds category with lower 1-year volatility, going as low as 1.01%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dunham Long/Short Credit Fund | 1.01% | — | Dec 2004 | GZIRX vs DCAIX | |
| Victory Pioneer Cat Bond Fund Class Y | 1.22% | — | Jan 2023 | GZIRX vs CBYYX | |
| GMO Opportunistic Income Fund | 1.32% | — | Oct 2011 | GZIRX vs GMODX | |
| BlackRock Global Long/Short Credit Fund | 1.34% | — | Sep 2011 | GZIRX vs BGCIX | |
| DoubleLine Flexible Income Fund | 1.38% | — | Apr 2014 | GZIRX vs DFLEX |
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 | |
| PGIM Securitized Credit Fund | -0.31% | — | Jun 2019 | GZIRX vs SCFZX | |
| Dunham Long/Short Credit Fund | -0.37% | — | Dec 2004 | GZIRX vs DCAIX | |
| GMO Opportunistic Income Fund | -0.65% | — | Oct 2011 | GZIRX vs GMODX | |
| PGIM Absolute Return Bond Fund | -0.86% | — | Mar 2011 | GZIRX vs PADZX |
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 18 comparison targets span 15 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