Looking to diversify beyond GLV? The mutual funds below have the lowest correlation with GLV — 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 GLV.
Best Diversifiers for GLV
1 mutual funds have low correlation with GLV (below 0.3), 0 of which are negatively correlated. The least correlated is NXG Cushing® Midstream Energy Fund (SRV) (Energy Equities) with a 1Y correlation of 0.12, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| NXG Cushing® Midstream Energy Fund | 0.12 | 0.20 | 0.24 | 58 | Energy Equities | GLV vs SRV | |
| Voya Global Equity Dividend and Premium Opportunit... | 0.37 | 0.41 | 0.43 | 58 | Global Equity Income | GLV vs IGD | |
| Janus Henderson Global Equity Income Fund Class T | 0.46 | 0.50 | 0.50 | 66 | Global Equity Income | GLV vs HFQTX | |
| Janus Henderson International Dividend Fund Class ... | 0.51 | 0.52 | 0.51 | 55 | Global Equity Income | GLV vs HDQVX | |
| Janus Henderson International Dividend Fund Class ... | 0.51 | 0.52 | 0.51 | 56 | Global Equity Income | GLV vs HDDVX |
See all 6 diversifiers for GLV
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Diversification Analysis
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