Looking to diversify beyond GLVYX? The mutual funds below have the lowest correlation with GLVYX — 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 GLVYX.
Best Diversifiers for GLVYX
1 mutual funds have low correlation with GLVYX (below 0.3), 0 of which are negatively correlated. The least correlated is Cohen & Steers Global Infrastructure Fund Class A (CSUAX) (Global Equities) with a 1Y correlation of 0.07, down from 0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.07 | 0.22 | 0.38 | 77 | Global Equities | GLVYX vs CSUAX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.31 | 0.45 | 0.54 | 89 | Global Equities | GLVYX vs RTXAX | |
| Wasatch Global Value Fund Investor Class Shares | 0.37 | 0.37 | 0.47 | 93 | Global Equities | GLVYX vs FMIEX | |
| Vanguard Global Minimum Volatility Fund Investor S... | 0.41 | 0.51 | 0.58 | 66 | Global Equities | GLVYX vs VMVFX | |
| Vanguard Global Minimum Volatility Fund Admiral Sh... | 0.41 | 0.51 | 0.59 | 66 | Global Equities | GLVYX vs VMNVX |
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