Looking to diversify beyond GILHX? The mutual funds below have the lowest correlation with GILHX — 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 GILHX.
Best Diversifiers for GILHX
12 mutual funds have low correlation with GILHX (below 0.3), 0 of which are negatively correlated. The least correlated is Guggenheim Managed Futures Strategy Fund (RYMTX) (Systematic Trend) with a 1Y correlation of 0.02, up from -0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Guggenheim Managed Futures Strategy Fund | 0.02 | -0.08 | -0.24 | 51 | Systematic Trend | GILHX vs RYMTX | |
| Guggenheim Alpha Opportunity Fund | 0.05 | -0.01 | 0.01 | 59 | Long-Short | GILHX vs SAOAX | |
| Guggenheim Series Multi-Hedge Strategies Fund | 0.07 | -0.04 | -0.09 | 86 | Multistrategy | GILHX vs RYMQX | |
| DFA Two-Year Fixed Income Portfolio | 0.07 | -0.00 | 0.33 | 100 | Short-Term Bond | GILHX vs DFCFX | |
| Leader Short Term High Yield Bond Fund | 0.16 | 0.19 | 0.25 | 84 | Short-Term Bond | GILHX vs LCCMX |
See all 35 diversifiers for GILHX
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