Looking to diversify beyond GGBZX? The mutual funds below have the lowest correlation with GGBZX — 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 GGBZX.
Best Diversifiers for GGBZX
1 mutual funds have low correlation with GGBZX (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 -0.15, roughly unchanged from -0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GuideStone Funds Strategic Alternatives Fund | -0.15 | -0.15 | -0.12 | 50 | Multistrategy | GGBZX vs GFSYX | |
| GuideStone Funds Low-Duration Bond Fund | 0.32 | 0.20 | 0.18 | 87 | Short-Term Bond | GGBZX vs GLDYX | |
| Cohen & Steers Global Infrastructure Fund Class A | 0.34 | 0.46 | 0.58 | 52 | Global Equities | GGBZX vs CSUAX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.57 | 0.69 | 0.76 | 80 | Global Equities | GGBZX vs RTXAX | |
| Polaris Global Value Fund | 0.60 | 0.72 | 0.79 | 93 | Global Equities | GGBZX vs PGVFX |
See all 38 diversifiers for GGBZX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements GGBZX
Add GGBZX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GGBZX