Looking to diversify beyond GAPAX? The mutual funds below have the lowest correlation with GAPAX — 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 GAPAX.
Best Diversifiers for GAPAX
0 mutual funds have low correlation with GAPAX (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 0.34, down from 0.60 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.34 | 0.47 | 0.60 | 51 | Global Equities | GAPAX vs CSUAX | |
| Goldman Sachs Short Duration Bond Fund | 0.36 | 0.28 | 0.29 | 72 | Short-Term Bond | GAPAX vs GSSRX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.56 | 0.68 | 0.76 | 76 | Global Equities | GAPAX vs RTXAX | |
| Polaris Global Value Fund | 0.58 | 0.70 | 0.78 | 92 | Global Equities | GAPAX vs PGVFX | |
| Wasatch Global Value Fund Investor Class Shares | 0.63 | 0.63 | 0.72 | 86 | Global Equities | GAPAX vs FMIEX |
See all 33 diversifiers for GAPAX
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