Looking to diversify beyond GEMYX? The mutual funds below have the lowest correlation with GEMYX — 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 GEMYX.
Best Diversifiers for GEMYX
2 mutual funds have low correlation with GEMYX (below 0.3), 1 of which are negatively correlated. The least correlated is GuideStone Funds Strategic Alternatives Fund (GFSYX) (Multistrategy) with a 1Y correlation of -0.18, roughly unchanged from -0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GuideStone Funds Strategic Alternatives Fund | -0.18 | -0.25 | -0.23 | 64 | Multistrategy | GEMYX vs GFSYX | |
| GuideStone Funds Low-Duration Bond Fund | 0.12 | 0.10 | 0.10 | 90 | Short-Term Bond | GEMYX vs GLDYX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.48 | 0.64 | 0.71 | 88 | Emerging Markets Diversified | GEMYX vs ESCIX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.69 | 0.77 | 0.81 | 89 | Emerging Markets Diversified | GEMYX vs EMPTX | |
| GuideStone Funds Equity Index Fund | 0.69 | 0.65 | 0.64 | 52 | Large Cap Blend Equities | GEMYX vs GEQYX |
See all 29 diversifiers for GEMYX
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