Looking to diversify beyond GBONX? The mutual funds below have the lowest correlation with GBONX — 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 GBONX.
Best Diversifiers for GBONX
1 mutual funds have low correlation with GBONX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Two Year Global Fixed Income Portfolio (DFGFX) (Global Bonds) with a 1Y correlation of 0.21, roughly unchanged from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Two Year Global Fixed Income Portfolio | 0.21 | 0.08 | 0.18 | 100 | Global Bonds | GBONX vs DFGFX | |
| JPMorgan Equity Income Fund R6 | 0.49 | 0.35 | 0.35 | 82 | Large Cap Value Equities, Dividend | GBONX vs OIEJX | |
| Destinations Global Fixed Income Opportunities Fun... | 0.52 | 0.56 | 0.56 | 98 | Global Bonds | GBONX vs DGFFX | |
| T. Rowe Price Global Multi-Sector Bond Fund | 0.60 | 0.68 | 0.61 | 86 | Global Bonds | GBONX vs PRSNX | |
| Dunham International Opportunity Bond Fund | 0.62 | 0.72 | 0.69 | 60 | Global Bonds | GBONX vs DAIOX |
See all 11 diversifiers for GBONX
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