Looking to diversify beyond GLOSX? The mutual funds below have the lowest correlation with GLOSX — 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 GLOSX.
Best Diversifiers for GLOSX
7 mutual funds have low correlation with GLOSX (below 0.3), 0 of which are negatively correlated. The least correlated is Pioneer ILS Interval Fund (XILSX) (High Yield Bonds) with a 1Y correlation of 0.03, roughly unchanged from 0.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 0.03 | -0.00 | 0.00 | 100 | High Yield Bonds | GLOSX vs XILSX | |
| Pioneer Multi-Asset Ultrashort Income Fund | 0.03 | 0.08 | 0.10 | 98 | Ultrashort Bond | GLOSX vs MYFRX | |
| Pioneer Short Term Income Fund | 0.12 | 0.12 | 0.11 | 53 | Short-Term Bond | GLOSX vs PSHYX | |
| Pioneer Securitized Income Fund | 0.15 | 0.12 | 0.09 | 72 | Nontraditional Bonds | GLOSX vs SYFFX | |
| Pioneer Corporate High Yield Fund | 0.19 | 0.32 | 0.37 | 56 | High Yield Bonds | GLOSX vs RCRYX |
See all 95 diversifiers for GLOSX
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