Looking to diversify beyond GMLVX? The mutual funds below have the lowest correlation with GMLVX — 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 GMLVX.
Best Diversifiers for GMLVX
0 mutual funds have low correlation with GMLVX (below 0.3), 0 of which are negatively correlated. The least correlated is Ashmore Emerging Markets Small Cap Equity Fund (ESCIX) (Emerging Markets Diversified) with a 1Y correlation of 0.48, down from 0.71 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Ashmore Emerging Markets Small Cap Equity Fund | 0.48 | 0.65 | 0.71 | 87 | Emerging Markets Diversified | GMLVX vs ESCIX | |
| GuideMark Small/Mid Cap Core Fund | 0.57 | 0.56 | 0.59 | 56 | Small Cap Blend Equities | GMLVX vs GMSMX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.66 | 0.76 | 0.80 | 92 | Emerging Markets Diversified | GMLVX vs EMPTX | |
| GuidePath Conservative Allocation Fund | 0.68 | 0.65 | 0.64 | 59 | Diversified Portfolio | GMLVX vs GPTCX | |
| Wasatch Emerging Markets Small Cap Fund | 0.68 | 0.66 | 0.70 | 62 | Emerging Markets Diversified | GMLVX vs WAEMX |
See all 27 diversifiers for GMLVX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements GMLVX
Add GMLVX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GMLVX