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
8 mutual funds have low correlation with GMAMX (below 0.3), 1 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 | 51 | Multistrategy | GMAMX vs QSPRX | |
| Stone Ridge High Yield Reinsurance Risk Premium Fu... | 0.01 | 0.01 | 0.01 | 98 | Multistrategy | GMAMX vs SHRIX | |
| AQR Diversified Arbitrage Fund Class N | 0.05 | 0.02 | 0.15 | 99 | Multistrategy | GMAMX vs ADANX | |
| AQR Diversified Arbitrage Fund Class I | 0.05 | 0.03 | 0.16 | 99 | Multistrategy | GMAMX vs ADAIX | |
| Stone Ridge Reinsurance Risk Premium Interval Fund | 0.05 | 0.07 | 0.03 | 100 | Multistrategy | GMAMX vs SRRIX |
See all 21 diversifiers for GMAMX
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