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Looking to diversify beyond GAAEX? The mutual funds below have the lowest correlation with GAAEX — 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 GAAEX.

Best Diversifiers for GAAEX

1 mutual funds have low correlation with GAAEX (below 0.3), 0 of which are negatively correlated. The least correlated is Guinness Atkinson Global Energy Fund (GAGEX) (Energy Equities) with a 1Y correlation of 0.02, down from 0.35 over 5 years.


See all 29 diversifiers for GAAEX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from GAAEX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GAAEX and solid risk/return profiles. The least correlated is Applied Materials, Inc. (AMAT) (Technology) with a 1Y correlation of 0.67, roughly unchanged from 0.65 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Applied Materials, Inc.0.670.610.65
97
Technology

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Diversification Analysis

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