Looking to diversify beyond GMAMX? The mutual funds below have the lowest correlation with GMAMX — 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 GMAMX.
Best Diversifiers for GMAMX
10 mutual funds have low correlation with GMAMX (below 0.3), 3 of which are negatively correlated. The least correlated is AQR Style Premia Alternative R6 (QSPRX) (Multistrategy) with a 1Y correlation of -0.13, roughly unchanged from -0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AQR Style Premia Alternative R6 | -0.13 | -0.04 | -0.08 | 52 | Multistrategy | GMAMX vs QSPRX | |
| AQR Style Premia Alternative Fund | -0.12 | -0.03 | -0.07 | 52 | Multistrategy | GMAMX vs QSPIX | |
| AQR Style Premia Alternative Fund Class N | -0.11 | -0.03 | -0.07 | 51 | Multistrategy | GMAMX vs QSPNX | |
| Stone Ridge High Yield Reinsurance Risk Premium Fu... | 0.03 | 0.02 | 0.01 | 98 | Multistrategy | GMAMX vs SHRIX | |
| GMO Alternative Allocation Fund | 0.04 | 0.06 | 0.06 | 69 | Multistrategy | GMAMX vs GAAVX |
See all 26 diversifiers for GMAMX
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