Looking to diversify beyond GIOTX? The mutual funds below have the lowest correlation with GIOTX — 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 GIOTX.
Best Diversifiers for GIOTX
4 mutual funds have low correlation with GIOTX (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 0.03, roughly unchanged from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GMO U.S. Treasury Fund | 0.03 | 0.08 | 0.04 | 99 | Government Bonds | GIOTX vs GUSTX | |
| GMO Multi-Sector Fixed Income Fund | 0.20 | 0.26 | 0.20 | 76 | Intermediate Core-Plus Bond | GIOTX vs GUGAX | |
| GMO Alternative Allocation Fund | 0.21 | 0.35 | 0.39 | 66 | Multistrategy | GIOTX vs GAAVX | |
| GMO Opportunistic Income Fund | 0.23 | 0.22 | 0.12 | 97 | Nontraditional Bonds | GIOTX vs GMODX | |
| GMO Emerging Country Debt Fund Class VI | 0.43 | 0.39 | — | 98 | Emerging Markets Bonds | GIOTX vs GMOQX |
See all 41 diversifiers for GIOTX
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