Looking to diversify beyond GFSYX? The mutual funds below have historically moved differently from GFSYX, 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 GFSYX
44 mutual funds have low correlation with GFSYX (below 0.3), 29 of which are negatively correlated. The least correlated is GuideStone Funds Emerging Markets Equity Fund (GEMYX) (Emerging Markets Equities) with a 1Y correlation of -0.23, roughly unchanged from -0.24 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GuideStone Funds Emerging Markets Equity Fund | -0.23 | -0.26 | -0.24 | 61 | Emerging Markets Equities | GFSYX vs GEMYX | |
| 1290 Multi-Alternative Strategies Fund | -0.22 | -0.18 | -0.18 | 86 | Multistrategy | GFSYX vs TNMIX | |
| GuideStone Funds Small Cap Equity Fund | -0.22 | -0.18 | -0.15 | 57 | Small Cap Blend Equities | GFSYX vs GSCYX | |
| Principal Global Multi-Strategy Fund | -0.22 | -0.08 | -0.03 | 97 | Multistrategy | GFSYX vs PSMIX | |
| Abbey Capital Multi Asset Fund Class I | -0.21 | -0.08 | -0.00 | 73 | Multistrategy | GFSYX vs MAFIX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements GFSYX
Add GFSYX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GFSYX