Looking to diversify beyond GFACX? The mutual funds below have the lowest correlation with GFACX — 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 GFACX.
Best Diversifiers for GFACX
0 mutual funds have low correlation with GFACX (below 0.3), 0 of which are negatively correlated. The least correlated is Baron Partners Fund (BPTRX) (Large Cap Growth Equities) with a 1Y correlation of 0.58, down from 0.76 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Baron Partners Fund | 0.58 | 0.68 | 0.76 | 72 | Large Cap Growth Equities | GFACX vs BPTRX | |
| ICON Equity Fund | 0.69 | 0.70 | 0.78 | 84 | Large Cap Growth Equities | GFACX vs IOLZX | |
| Davis New York Venture Fund Class Y | 0.72 | 0.80 | 0.83 | 80 | Large Cap Growth Equities | GFACX vs DNVYX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.74 | 0.73 | 0.76 | 61 | Foreign Large Cap Equities | GFACX vs VTMGX | |
| Adams Diversified Equity Fund, Inc. | 0.75 | 0.82 | 0.88 | 67 | Large Cap Blend Equities | GFACX vs ADX |
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