Looking to diversify beyond GGBFX? The mutual funds below have the lowest correlation with GGBFX — 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 GGBFX.
Best Diversifiers for GGBFX
1 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 -0.14, roughly unchanged from -0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GuideStone Funds Strategic Alternatives Fund | -0.14 | -0.12 | -0.15 | 53 | Multistrategy | GGBFX vs GFSYX | |
| GuideStone Funds Value Equity Fund | 0.44 | 0.29 | 0.28 | 56 | Large Cap Value Equities | GGBFX vs GVEYX | |
| GuideStone Funds Emerging Markets Equity Fund | 0.44 | 0.29 | 0.31 | 82 | Emerging Markets Diversified | GGBFX vs GEMYX | |
| GuideStone Funds Equity Index Fund | 0.47 | 0.29 | 0.29 | 50 | Large Cap Blend Equities | GGBFX vs GEQYX | |
| T. Rowe Price Global Multi-Sector Bond Fund | 0.47 | 0.71 | 0.72 | 90 | Global Bonds | GGBFX vs PRSNX |
See all 18 diversifiers for GGBFX
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