Looking to diversify beyond GGMMX? The mutual funds below have the lowest correlation with GGMMX — 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 GGMMX.
Best Diversifiers for GGMMX
0 mutual funds have low correlation with GGMMX (below 0.3), 0 of which are negatively correlated. The least correlated is Cohen & Steers Global Infrastructure Fund Class A (CSUAX) (Global Equities) with a 1Y correlation of 0.36, down from 0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.36 | 0.38 | 0.47 | 51 | Global Equities | GGMMX vs CSUAX | |
| Gabelli Global Content & Connectivity Fund | 0.46 | 0.53 | 0.62 | 72 | Communications Equities | GGMMX vs GABTX | |
| Polaris Global Value Fund | 0.53 | 0.61 | 0.69 | 92 | Global Equities | GGMMX vs PGVFX | |
| T. Rowe Price Global Technology Fund I Class | 0.54 | 0.54 | 0.58 | 87 | Technology Equities, Global Equities | GGMMX vs PGTIX | |
| State Street Global All Cap Equity ex-U.S. Index F... | 0.57 | 0.55 | 0.61 | 66 | Global Equities | GGMMX vs SSGLX |
See all 29 diversifiers for GGMMX
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