Looking to diversify beyond GMGEX? The mutual funds below have the lowest correlation with GMGEX — 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 GMGEX.
Best Diversifiers for GMGEX
4 mutual funds have low correlation with GMGEX (below 0.3), 0 of which are negatively correlated. The least correlated is GMO U.S. Treasury Fund (GUSTX) (Government Bonds) with a 1Y correlation of 0.01, roughly unchanged from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GMO U.S. Treasury Fund | 0.01 | 0.06 | 0.03 | 99 | Government Bonds | GMGEX vs GUSTX | |
| GMO Multi-Sector Fixed Income Fund | 0.16 | 0.23 | 0.18 | 76 | Intermediate Core-Plus Bond | GMGEX vs GUGAX | |
| GMO Opportunistic Income Fund | 0.16 | 0.15 | 0.07 | 97 | Nontraditional Bonds | GMGEX vs GMODX | |
| GMO Alternative Allocation Fund | 0.20 | 0.36 | 0.39 | 66 | Multistrategy | GMGEX vs GAAVX | |
| Cohen & Steers Global Infrastructure Fund Class A | 0.44 | 0.54 | 0.62 | 51 | Global Equities | GMGEX vs CSUAX |
See all 113 diversifiers for GMGEX
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