Looking to diversify beyond SVPFX? The mutual funds below have the lowest correlation with SVPFX — 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 SVPFX.
Best Diversifiers for SVPFX
97 mutual funds have low correlation with SVPFX (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 -0.15, down from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs MLP Energy Infrastructure Fund | -0.15 | -0.03 | -0.01 | 70 | Energy Equities | SVPFX vs GLPIX | |
| Goldman Sachs Energy Infrastructure Fund Class P | -0.15 | -0.03 | 0.00 | 80 | MLPs | SVPFX vs GAMPX | |
| Goldman Sachs Energy Infrastructure Fund | -0.14 | -0.02 | 0.00 | 80 | Energy Equities | SVPFX vs GLEIX | |
| Goldman Sachs Managed Futures Strategy Fund | -0.07 | -0.07 | -0.26 | 79 | Systematic Trend | SVPFX vs GFIRX | |
| Goldman Sachs Managed Futures Strategy Fund Class ... | -0.05 | -0.07 | -0.25 | 78 | Systematic Trend | SVPFX vs GMSAX |
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