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.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Guinness Atkinson Global Energy Fund | 0.02 | 0.29 | 0.35 | 87 | Energy Equities | GAAEX vs GAGEX | |
| SEI Institutional Investments Trust Global Managed... | 0.55 | 0.60 | 0.62 | 56 | Global Equities | GAAEX vs SGMAX | |
| Wasatch Global Value Fund Investor Class Shares | 0.59 | 0.57 | 0.62 | 87 | Global Equities | GAAEX vs FMIEX | |
| LSV Global Managed Volatility Fund | 0.60 | 0.64 | 0.66 | 89 | Global Equities | GAAEX vs LVAFX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.60 | 0.71 | 0.72 | 80 | Global Equities | GAAEX vs RTXAX |
To view more results, upgrade your current subscription plan.
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.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Applied Materials, Inc. | 0.67 | 0.61 | 0.65 | 97 | Technology |
Build a portfolio that complements GAAEX
Add GAAEX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GAAEX