Looking to diversify beyond GCCHX? The mutual funds below have historically moved differently from GCCHX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for GCCHX
6 mutual funds have low correlation with GCCHX (below 0.3), 2 of which are negatively correlated. The least correlated is GMO Alternative Allocation Fund (GAAVX) (Multistrategy) with a 1Y correlation of -0.10, down from 0.25 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GMO Alternative Allocation Fund | -0.10 | 0.22 | 0.25 | 89 | Multistrategy | GCCHX vs GAAVX | |
| GMO U.S. Treasury Fund | -0.01 | 0.06 | 0.05 | 99 | Government Bonds | GCCHX vs GUSTX | |
| GMO Multi-Sector Fixed Income Fund | 0.04 | 0.19 | 0.16 | 90 | Intermediate Core-Plus Bond | GCCHX vs GUGAX | |
| GQG Partners Global Quality Dividend Income Fund | 0.18 | 0.43 | 0.56 | 70 | Quality Factor, Global Equities | GCCHX vs GQFPX | |
| SEI Institutional Managed Trust Global Managed Vol... | 0.24 | 0.42 | 0.51 | 53 | Global Equities, Low Volatility | GCCHX vs SVTAX |
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