Looking to diversify beyond GABFX? The mutual funds below have the lowest correlation with GABFX — 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 GABFX.
Best Diversifiers for GABFX
11 mutual funds have low correlation with GABFX (below 0.3), 1 of which are negatively correlated. The least correlated is GMO Resources Fund (GOFIX) (Energy Equities) with a 1Y correlation of -0.03, roughly unchanged from 0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GMO Resources Fund | -0.03 | 0.05 | 0.00 | 84 | Energy Equities | GABFX vs GOFIX | |
| GMO Alternative Allocation Fund | 0.06 | 0.04 | -0.04 | 66 | Multistrategy | GABFX vs GAAVX | |
| GMO U.S. Treasury Fund | 0.10 | 0.05 | 0.06 | 99 | Government Bonds | GABFX vs GUSTX | |
| GMO Emerging Markets ex-China Fund | 0.13 | 0.11 | — | 96 | Emerging Markets Diversified | GABFX vs GMAQX | |
| GMO Emerging Markets Fund | 0.14 | 0.08 | 0.05 | 93 | Emerging Markets Diversified | GABFX vs GMOEX |
See all 35 diversifiers for GABFX
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