Looking to diversify beyond GAFYX? The mutual funds below have the lowest correlation with GAFYX — 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 GAFYX.
Best Diversifiers for GAFYX
14 mutual funds have low correlation with GAFYX (below 0.3), 5 of which are negatively correlated. The least correlated is Stone Ridge Diversified Alternatives Fund (SRDAX) (Multistrategy) with a 1Y correlation of -0.21, down from -0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Stone Ridge Diversified Alternatives Fund | -0.21 | -0.15 | -0.11 | 93 | Multistrategy | GAFYX vs SRDAX | |
| GuideStone Funds Strategic Alternatives Fund | -0.09 | -0.03 | -0.01 | 88 | Multistrategy | GAFYX vs GFSYX | |
| AQR Style Premia Alternative R6 | -0.06 | 0.00 | -0.03 | 78 | Multistrategy | GAFYX vs QSPRX | |
| AQR Style Premia Alternative Fund | -0.05 | 0.01 | -0.03 | 78 | Multistrategy | GAFYX vs QSPIX | |
| AQR Style Premia Alternative Fund Class N | -0.04 | 0.01 | -0.03 | 76 | Multistrategy | GAFYX vs QSPNX |
See all 30 diversifiers for GAFYX
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