Looking to diversify beyond GMHZX? The mutual funds below have the lowest correlation with GMHZX — 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 GMHZX.
Best Diversifiers for GMHZX
0 mutual funds have low correlation with GMHZX (below 0.3), 0 of which are negatively correlated. The least correlated is GuideStone Funds Low-Duration Bond Fund (GLDYX) (Short-Term Bond) with a 1Y correlation of 0.36, roughly unchanged from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GuideStone Funds Low-Duration Bond Fund | 0.36 | 0.29 | 0.27 | 89 | Short-Term Bond | GMHZX vs GLDYX | |
| GuideStone Funds Emerging Markets Equity Fund | 0.74 | 0.72 | 0.73 | 90 | Emerging Markets Diversified | GMHZX vs GEMYX | |
| Dimensional Retirement Income Fund | 0.77 | 0.82 | 0.79 | 85 | Target Retirement Date | GMHZX vs TDIFX | |
| GuideStone Funds Value Equity Fund | 0.78 | 0.82 | 0.86 | 54 | Large Cap Value Equities | GMHZX vs GVEYX | |
| Fidelity Freedom Income Fund | 0.84 | 0.79 | 0.76 | 72 | Target Retirement Date | GMHZX vs FFFAX |
See all 69 diversifiers for GMHZX
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