Looking to diversify beyond GIMFX? The mutual funds below have the lowest correlation with GIMFX — 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 GIMFX.
Best Diversifiers for GIMFX
3 mutual funds have low correlation with GIMFX (below 0.3), 0 of which are negatively correlated. The least correlated is GMO U.S. Treasury Fund (GUSTX) (Government Bonds) with a 1Y correlation of 0.04, roughly unchanged from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GMO U.S. Treasury Fund | 0.04 | 0.08 | 0.05 | 99 | Government Bonds | GIMFX vs GUSTX | |
| LoCorr Macro Strategies Fund Class I | 0.25 | 0.08 | 0.00 | 86 | Global Allocation | GIMFX vs LFMIX | |
| GMO Multi-Sector Fixed Income Fund | 0.28 | 0.31 | 0.19 | 76 | Intermediate Core-Plus Bond | GIMFX vs GUGAX | |
| GMO Alternative Allocation Fund | 0.35 | 0.50 | 0.60 | 69 | Multistrategy | GIMFX vs GAAVX | |
| MH Elite Select Portfolio of Funds Fund | 0.45 | 0.37 | 0.45 | 65 | Global Allocation | GIMFX vs MHESX |
See all 63 diversifiers for GIMFX
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