Looking to diversify beyond GMOIX? The mutual funds below have the lowest correlation with GMOIX — 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 GMOIX.
Best Diversifiers for GMOIX
4 mutual funds have low correlation with GMOIX (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 0.02, 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 | 0.02 | 0.08 | 0.03 | 99 | Government Bonds | GMOIX vs GUSTX | |
| GMO Alternative Allocation Fund | 0.18 | 0.33 | 0.38 | 66 | Multistrategy | GMOIX vs GAAVX | |
| GMO Multi-Sector Fixed Income Fund | 0.20 | 0.26 | 0.19 | 76 | Intermediate Core-Plus Bond | GMOIX vs GUGAX | |
| GMO Opportunistic Income Fund | 0.22 | 0.21 | 0.12 | 97 | Nontraditional Bonds | GMOIX vs GMODX | |
| GMO Emerging Country Debt Fund Class VI | 0.43 | 0.38 | — | 98 | Emerging Markets Bonds | GMOIX vs GMOQX |
See all 39 diversifiers for GMOIX
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