Looking to diversify beyond GMSMX? The mutual funds below have the lowest correlation with GMSMX — 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 GMSMX.
Best Diversifiers for GMSMX
0 mutual funds have low correlation with GMSMX (below 0.3), 0 of which are negatively correlated. The least correlated is GuideMark Emerging Markets Fund (GMLVX) (Emerging Markets Diversified) with a 1Y correlation of 0.54, roughly unchanged from 0.59 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GuideMark Emerging Markets Fund | 0.54 | 0.55 | 0.59 | 86 | Emerging Markets Diversified | GMSMX vs GMLVX | |
| Auer Growth Fund | 0.74 | 0.79 | 0.82 | 87 | Small Cap Blend Equities | GMSMX vs AUERX | |
| GuidePath Conservative Allocation Fund | 0.81 | 0.82 | 0.82 | 56 | Diversified Portfolio | GMSMX vs GPTCX | |
| Voya Index Plus SmallCap Portfolio | 0.84 | 0.89 | 0.92 | 72 | Small Cap Blend Equities | GMSMX vs IPSIX | |
| GuidePath Growth Allocation Fund | 0.84 | 0.85 | 0.87 | 56 | Global Equities | GMSMX vs GPSTX |
See all 23 diversifiers for GMSMX
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