Looking to diversify beyond GAPIX? The mutual funds below have the lowest correlation with GAPIX — 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 GAPIX.
Best Diversifiers for GAPIX
0 mutual funds have low correlation with GAPIX (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 | GAPIX vs CSUAX | |
| Goldman Sachs Short Duration Bond Fund | 0.37 | 0.29 | 0.29 | 72 | Short-Term Bond | GAPIX vs GSSRX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.57 | 0.68 | 0.76 | 76 | Global Equities | GAPIX vs RTXAX | |
| Polaris Global Value Fund | 0.59 | 0.70 | 0.78 | 92 | Global Equities | GAPIX vs PGVFX | |
| Wasatch Global Value Fund Investor Class Shares | 0.65 | 0.63 | 0.72 | 86 | Global Equities | GAPIX vs FMIEX |
See all 34 diversifiers for GAPIX
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