Looking to diversify beyond GIDGX? The mutual funds below have the lowest correlation with GIDGX — 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 GIDGX.
Best Diversifiers for GIDGX
0 mutual funds have low correlation with GIDGX (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 0.34, down from 0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.34 | 0.45 | 0.59 | 51 | Global Equities | GIDGX vs CSUAX | |
| Goldman Sachs Short Duration Bond Fund | 0.35 | 0.28 | 0.29 | 72 | Short-Term Bond | GIDGX vs GSSRX | |
| Polaris Global Value Fund | 0.55 | 0.69 | 0.77 | 92 | Global Equities | GIDGX vs PGVFX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.57 | 0.66 | 0.75 | 76 | Global Equities | GIDGX vs RTXAX | |
| Wasatch Global Value Fund Investor Class Shares | 0.65 | 0.62 | 0.72 | 86 | Global Equities | GIDGX vs FMIEX |
See all 42 diversifiers for GIDGX
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