Looking to diversify beyond GDIIX? The mutual funds below have historically moved differently from GDIIX, 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 GDIIX
1 mutual funds have low correlation with GDIIX (below 0.3), 0 of which are negatively correlated. The least correlated is AMG Yacktman Focused Fund (YAFFX) (Large Cap Value Equities) with a 1Y correlation of 0.27, down from 0.69 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AMG Yacktman Focused Fund | 0.27 | 0.55 | 0.69 | 89 | Large Cap Value Equities | GDIIX vs YAFFX | |
| Fidelity Large Cap Stock Fund | 0.44 | 0.60 | 0.75 | 73 | Large Cap Blend Equities | GDIIX vs FLCSX | |
| Voya Corporate Leaders Trust Fund | 0.50 | 0.66 | 0.74 | 93 | Large Cap Value Equities | GDIIX vs LEXCX | |
| Vanguard International High Dividend Yield Index F... | 0.51 | 0.58 | 0.67 | 94 | Large Cap Value Equities, Dividend, Foreign Large Cap Equities | GDIIX vs VIHAX | |
| Dodge & Cox International Stock Fund | 0.52 | 0.59 | 0.67 | 82 | Foreign Large Cap Equities, Large Cap Value Equities, Actively Managed | GDIIX vs DODFX |
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