Looking to diversify beyond GCPYX? The mutual funds below have historically moved differently from GCPYX, 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 GCPYX
3 mutual funds have low correlation with GCPYX (below 0.3), 0 of which are negatively correlated. The least correlated is Princeton Premium Fund (PPFIX) (Options Trading) with a 1Y correlation of 0.16, roughly unchanged from 0.18 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Princeton Premium Fund | 0.16 | 0.17 | 0.18 | 100 | Options Trading | GCPYX vs PPFIX | |
| Loomis Sayles Limited Term Government And Agency F... | 0.28 | 0.13 | 0.09 | 56 | Government Bonds | GCPYX vs NEFLX | |
| Natixis Funds Trust IV AEW Global Focused Real Est... | 0.28 | 0.49 | 0.60 | 62 | REIT | GCPYX vs NRFYX | |
| Loomis Sayles Senior Floating Rate and Fixed Incom... | 0.32 | 0.26 | 0.24 | 70 | Bank Loan | GCPYX vs LSFYX | |
| Natixis Funds Trust I Vaughan Nelson Small Cap Val... | 0.54 | 0.68 | 0.77 | 58 | Small Cap Blend Equities | GCPYX vs NEFJX |
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