Looking to diversify beyond GMDYX? The mutual funds below have the lowest correlation with GMDYX — 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 GMDYX.
Best Diversifiers for GMDYX
0 mutual funds have low correlation with GMDYX (below 0.3), 0 of which are negatively correlated. The least correlated is GuideStone Funds Equity Index Fund (GEQYX) (Large Cap Blend Equities) with a 1Y correlation of 0.37, up from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GuideStone Funds Equity Index Fund | 0.37 | 0.25 | 0.18 | 62 | Large Cap Blend Equities | GMDYX vs GEQYX | |
| Holbrook Income Fund Class I | 0.38 | 0.34 | 0.39 | 98 | Intermediate Core-Plus Bond | GMDYX vs HOBIX | |
| GuideStone Funds MyDestination 2055 Fund | 0.43 | 0.32 | 0.23 | 59 | Target Retirement Date | GMDYX vs GMGZX | |
| GuideStone Funds MyDestination 2045 Fund | 0.45 | 0.34 | 0.26 | 59 | Target Retirement Date | GMDYX vs GMFZX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 0.46 | 0.23 | 0.17 | 94 | Intermediate Core-Plus Bond | GMDYX vs LCTRX |
See all 14 diversifiers for GMDYX
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