Looking to diversify beyond GFSDX? The mutual funds below have the lowest correlation with GFSDX — 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 GFSDX.
Best Diversifiers for GFSDX
0 mutual funds have low correlation with GFSDX (below 0.3), 0 of which are negatively correlated. The least correlated is Columbia Global Technology Growth Fund (CMTFX) (Technology Equities) with a 1Y correlation of 0.39, roughly unchanged from 0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Columbia Global Technology Growth Fund | 0.39 | 0.46 | 0.46 | 83 | Technology Equities | GFSDX vs CMTFX | |
| Columbia Global Technology Growth Fund Class A | 0.39 | 0.47 | 0.47 | 82 | Technology Equities, Large Cap Growth Equities | GFSDX vs CTCAX | |
| Fidelity Advisor Large Cap Fund Class I | 0.42 | — | — | 62 | Large Cap Value Equities | GFSDX vs FALIX | |
| Fidelity Advisor Large Cap Fund Class C | 0.42 | 0.54 | 0.54 | 60 | Large Cap Value Equities | GFSDX vs FLCCX | |
| Voya Corporate Leaders Trust Fund | 0.43 | 0.52 | 0.52 | 52 | Large Cap Value Equities | GFSDX vs LEXCX |
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