Looking to diversify beyond GICPX? The mutual funds below have the lowest correlation with GICPX — 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 GICPX.
Best Diversifiers for GICPX
0 mutual funds have low correlation with GICPX (below 0.3), 0 of which are negatively correlated. The least correlated is Comstock Capital Value Fund (DRCVX) (Inverse Equities) with a 1Y correlation of 0.33, down from 0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Comstock Capital Value Fund | 0.33 | 0.42 | 0.47 | 97 | Inverse Equities | GICPX vs DRCVX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.34 | 0.42 | 0.55 | 80 | Global Equities | GICPX vs RTXAX | |
| Polaris Global Value Fund | 0.39 | 0.47 | 0.57 | 89 | Global Equities | GICPX vs PGVFX | |
| Gabelli Media Mogul Fund | 0.40 | 0.45 | 0.58 | 61 | Communications Equities | GICPX vs MOGLX | |
| T. Rowe Price Real Assets Fund | 0.40 | 0.46 | 0.57 | 58 | Global Equities | GICPX vs PRAFX |
See all 35 diversifiers for GICPX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements GICPX
Add GICPX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GICPX