Looking to diversify beyond GMOQX? The mutual funds below have the lowest correlation with GMOQX — 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 GMOQX.
Best Diversifiers for GMOQX
5 mutual funds have low correlation with GMOQX (below 0.3), 0 of which are negatively correlated. The least correlated is GMO Alternative Allocation Fund (GAAVX) (Multistrategy) with a 1Y correlation of 0.02, roughly unchanged from 0.08 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GMO Alternative Allocation Fund | 0.02 | 0.08 | — | 66 | Multistrategy | GMOQX vs GAAVX | |
| GMO U.S. Treasury Fund | 0.14 | 0.09 | — | 99 | Government Bonds | GMOQX vs GUSTX | |
| GMO Resources Fund | 0.21 | 0.27 | — | 84 | Energy Equities | GMOQX vs GOFIX | |
| GMO Opportunistic Income Fund | 0.25 | 0.38 | — | 97 | Nontraditional Bonds | GMOQX vs GMODX | |
| Virtus Stone Harbor Emerging Markets Income Fund | 0.27 | 0.25 | 0.32 | 63 | Emerging Markets Bonds | GMOQX vs EDF |
See all 77 diversifiers for GMOQX
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