Looking to diversify beyond GHVIX? The mutual funds below have the lowest correlation with GHVIX — 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 GHVIX.
Best Diversifiers for GHVIX
7 mutual funds have low correlation with GHVIX (below 0.3), 1 of which are negatively correlated. The least correlated is Pioneer ILS Interval Fund (XILSX) (High Yield Bonds) with a 1Y correlation of -0.05, roughly unchanged from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | -0.05 | -0.03 | -0.02 | 100 | High Yield Bonds | GHVIX vs XILSX | |
| Cliffwater Corporate Lending Fund | 0.04 | 0.10 | 0.07 | 100 | High Yield Bonds | GHVIX vs CCLFX | |
| GMO U.S. Treasury Fund | 0.06 | 0.05 | 0.06 | 99 | Government Bonds | GHVIX vs GUSTX | |
| GMO Alternative Allocation Fund | 0.11 | 0.20 | 0.19 | 66 | Multistrategy | GHVIX vs GAAVX | |
| RiverPark Short Term High Yield Fund | 0.20 | 0.17 | 0.22 | 100 | High Yield Bonds | GHVIX vs RPHIX |
See all 45 diversifiers for GHVIX
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