Looking to diversify beyond GHTMX? The mutual funds below have the lowest correlation with GHTMX — 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 GHTMX.
Best Diversifiers for GHTMX
0 mutual funds have low correlation with GHTMX (below 0.3), 0 of which are negatively correlated. The least correlated is BlackRock Global Long/Short Equity Fund Class I (BDMIX) (Long-Short) with a 1Y correlation of 0.32, up from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Global Long/Short Equity Fund Class I | 0.32 | 0.18 | 0.14 | 92 | Long-Short | GHTMX vs BDMIX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | 0.50 | 0.36 | 0.16 | 67 | Systematic Trend | GHTMX vs ASFYX | |
| Kopernik International Fund | 0.60 | 0.49 | 0.60 | 81 | Foreign Large Cap Equities | GHTMX vs KGIIX | |
| Thornburg Global Opportunities Fund | 0.61 | 0.71 | 0.77 | 94 | Foreign Large Cap Equities | GHTMX vs THOIX | |
| Shelton Capital Management Nasdaq-100 Index Fund D... | 0.66 | 0.62 | 0.66 | 75 | Large Cap Growth Equities | GHTMX vs NASDX |
See all 22 diversifiers for GHTMX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements GHTMX
Add GHTMX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GHTMX