Looking to diversify beyond GAOAX? The mutual funds below have the lowest correlation with GAOAX — 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 GAOAX.
Best Diversifiers for GAOAX
0 mutual funds have low correlation with GAOAX (below 0.3), 0 of which are negatively correlated. The least correlated is Cohen & Steers Global Infrastructure Fund Class A (CSUAX) (Global Equities) with a 1Y correlation of 0.32, down from 0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.32 | 0.47 | 0.59 | 75 | Global Equities | GAOAX vs CSUAX | |
| Nuveen Global Infrastructure Fund Class A | 0.37 | 0.55 | 0.67 | 69 | Global Equities | GAOAX vs FGIAX | |
| JPMorgan Income Fund | 0.38 | 0.40 | 0.45 | 86 | Multisector Bonds | GAOAX vs JMSIX | |
| Vanguard Global Minimum Volatility Fund Admiral Sh... | 0.56 | 0.65 | 0.71 | 67 | Global Equities | GAOAX vs VMNVX | |
| Vanguard Global Minimum Volatility Fund Investor S... | 0.56 | 0.65 | 0.71 | 66 | Global Equities | GAOAX vs VMVFX |
See all 72 diversifiers for GAOAX
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