Looking to diversify beyond GINDX? The mutual funds below have the lowest correlation with GINDX — 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 GINDX.
Best Diversifiers for GINDX
1 mutual funds have low correlation with GINDX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Strategic Volatility Premium Fund (SVPFX) (Large Cap Blend Equities) with a 1Y correlation of 0.24, up from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.24 | 0.09 | 0.08 | 72 | Large Cap Blend Equities | GINDX vs SVPFX | |
| AQR Long-Short Equity Fund | 0.46 | 0.48 | 0.42 | 53 | Long-Short | GINDX vs QLEIX | |
| North Square Preferred and Income Securities Fund | 0.48 | 0.32 | 0.40 | 69 | Large Cap Blend Equities | GINDX vs ORDNX | |
| Rock Oak Core Growth Fund | 0.57 | 0.67 | 0.76 | 62 | Large Cap Blend Equities | GINDX vs RCKSX | |
| Glenmede Responsible ESG U.S. Equity Portfolio | 0.66 | 0.76 | 0.85 | 88 | Large Cap Blend Equities | GINDX vs RESGX |
See all 40 diversifiers for GINDX
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