Looking to diversify beyond GMOEX? The mutual funds below have the lowest correlation with GMOEX — 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 GMOEX.
Best Diversifiers for GMOEX
3 mutual funds have low correlation with GMOEX (below 0.3), 2 of which are negatively correlated. The least correlated is GMO Alternative Allocation Fund (GAAVX) (Multistrategy) with a 1Y correlation of -0.09, down from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GMO Alternative Allocation Fund | -0.09 | 0.18 | 0.26 | 69 | Multistrategy | GMOEX vs GAAVX | |
| GMO U.S. Treasury Fund | -0.04 | 0.03 | 0.03 | 99 | Government Bonds | GMOEX vs GUSTX | |
| GMO Multi-Sector Fixed Income Fund | 0.03 | 0.12 | 0.10 | 76 | Intermediate Core-Plus Bond | GMOEX vs GUGAX | |
| GMO Emerging Country Debt Fund Class VI | 0.42 | 0.37 | 0.40 | 98 | Emerging Markets Bonds | GMOEX vs GMOQX | |
| GMO Emerging Country Debt Fund | 0.44 | 0.38 | 0.40 | 98 | Emerging Markets Bonds | GMOEX vs GMCDX |
See all 37 diversifiers for GMOEX
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