Looking to diversify beyond GGIFX? The mutual funds below have historically moved differently from GGIFX, 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 GGIFX
5 mutual funds have low correlation with GGIFX (below 0.3), 0 of which are negatively correlated. The least correlated is Victory Global Energy Transition Fund (RSNRX) (Energy Equities) with a 1Y correlation of 0.05, roughly unchanged from 0.05 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Victory Global Energy Transition Fund | 0.05 | 0.05 | 0.05 | 96 | Energy Equities | GGIFX vs RSNRX | |
| Victory Pioneer Cat Bond Fund Class Y | 0.07 | — | — | 100 | Nontraditional Bonds | GGIFX vs CBYYX | |
| GMO U.S. Treasury Fund | 0.19 | 0.05 | 0.05 | 99 | Government Bonds | GGIFX vs GUSTX | |
| Federated Hermes Adjustable Rate Fund | 0.20 | 0.38 | 0.40 | 99 | Government Bonds | GGIFX vs FEUGX | |
| Victory 500 Index Fund Member Shares | 0.28 | 0.13 | 0.12 | 55 | Large Cap Blend Equities | GGIFX vs USSPX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements GGIFX
Add GGIFX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GGIFX