Looking to diversify beyond GFAFX? The mutual funds below have the lowest correlation with GFAFX — 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 GFAFX.
Best Diversifiers for GFAFX
0 mutual funds have low correlation with GFAFX (below 0.3), 0 of which are negatively correlated. The least correlated is American Funds The Income Fund of America Class A (AMECX) (Diversified Portfolio) with a 1Y correlation of 0.54, down from 0.71 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| American Funds The Income Fund of America Class A | 0.54 | 0.65 | 0.71 | 55 | Diversified Portfolio, Dividend | GFAFX vs AMECX | |
| Baron Partners Fund | 0.57 | 0.68 | 0.76 | 67 | Large Cap Growth Equities | GFAFX vs BPTRX | |
| ICON Equity Fund | 0.71 | 0.71 | 0.79 | 75 | Large Cap Growth Equities | GFAFX vs IOLZX | |
| Davis New York Venture Fund Class Y | 0.72 | 0.79 | 0.83 | 81 | Large Cap Growth Equities | GFAFX vs DNVYX | |
| Adams Diversified Equity Fund, Inc. | 0.73 | 0.82 | 0.88 | 81 | Large Cap Blend Equities | GFAFX vs ADX |
See all 29 diversifiers for GFAFX
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