Looking to diversify beyond GIMMX? The mutual funds below have the lowest correlation with GIMMX — 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 GIMMX.
Best Diversifiers for GIMMX
14 mutual funds have low correlation with GIMMX (below 0.3), 4 of which are negatively correlated. The least correlated is GuideStone Funds Strategic Alternatives Fund (GFSYX) (Multistrategy) with a 1Y correlation of -0.18, roughly unchanged from -0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GuideStone Funds Strategic Alternatives Fund | -0.18 | -0.13 | -0.09 | 86 | Multistrategy | GIMMX vs GFSYX | |
| AQR Style Premia Alternative R6 | -0.09 | -0.03 | -0.08 | 71 | Multistrategy | GIMMX vs QSPRX | |
| AQR Style Premia Alternative Fund | -0.09 | -0.02 | -0.07 | 70 | Multistrategy | GIMMX vs QSPIX | |
| AQR Style Premia Alternative Fund Class N | -0.08 | -0.02 | -0.07 | 67 | Multistrategy | GIMMX vs QSPNX | |
| GMO Alternative Allocation Fund | 0.01 | 0.05 | 0.05 | 65 | Multistrategy | GIMMX vs GAAVX |
See all 31 diversifiers for GIMMX
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