Looking to diversify beyond GGBFX? The mutual funds below have historically moved differently from GGBFX, 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 GGBFX
2 mutual funds have low correlation with GGBFX (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 -0.13, roughly unchanged from -0.15 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GuideStone Funds Strategic Alternatives Fund | -0.13 | -0.12 | -0.15 | 92 | Multistrategy | GGBFX vs GFSYX | |
| DFA Two Year Global Fixed Income Portfolio | 0.30 | 0.10 | 0.32 | 100 | Global Bonds | GGBFX vs DFGFX | |
| GuideStone Funds Value Equity Fund | 0.43 | 0.29 | 0.28 | 84 | Large Cap Value Equities | GGBFX vs GVEYX | |
| GuideStone Funds Emerging Markets Equity Fund | 0.45 | 0.29 | 0.31 | 65 | Emerging Markets Equities | GGBFX vs GEMYX | |
| GuideStone Funds Small Cap Equity Fund | 0.46 | 0.31 | 0.28 | 61 | Small Cap Blend Equities | GGBFX vs GSCYX |
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