Looking to diversify beyond GABTX? The mutual funds below have the lowest correlation with GABTX — 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 GABTX.
Best Diversifiers for GABTX
0 mutual funds have low correlation with GABTX (below 0.3), 0 of which are negatively correlated. The least correlated is Comstock Capital Value Fund (DRCVX) (Inverse Equities) with a 1Y correlation of 0.32, down from 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Comstock Capital Value Fund | 0.32 | 0.47 | 0.49 | 97 | Inverse Equities | GABTX vs DRCVX | |
| Gabelli ABC Fund | 0.41 | 0.55 | 0.64 | 53 | Event Driven | GABTX vs GABCX | |
| Gabelli Media Mogul Fund | 0.42 | 0.59 | 0.69 | 61 | Communications Equities | GABTX vs MOGLX | |
| Gabelli Dividend Growth Fund | 0.44 | 0.60 | 0.70 | 51 | Large Cap Value Equities | GABTX vs GABBX | |
| Gabelli Global Financial Services Fund Class AAA | 0.44 | 0.57 | 0.65 | 57 | Financials Equities | GABTX vs GAFSX |
See all 15 diversifiers for GABTX
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