Looking to diversify beyond GMTZX? The mutual funds below have the lowest correlation with GMTZX — 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 GMTZX.
Best Diversifiers for GMTZX
0 mutual funds have low correlation with GMTZX (below 0.3), 0 of which are negatively correlated. The least correlated is GuideStone Funds Low-Duration Bond Fund (GLDYX) (Short-Term Bond) with a 1Y correlation of 0.48, roughly unchanged from 0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GuideStone Funds Low-Duration Bond Fund | 0.48 | 0.45 | 0.42 | 89 | Short-Term Bond | GMTZX vs GLDYX | |
| Dimensional Retirement Income Fund | 0.83 | 0.88 | 0.86 | 77 | Target Retirement Date | GMTZX vs TDIFX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.86 | 0.86 | 0.88 | 81 | Target Retirement Date | GMTZX vs DRILX | |
| Dimensional 2055 Target Date Retirement Income Fun... | 0.86 | 0.87 | 0.89 | 80 | Target Retirement Date | GMTZX vs DRIKX | |
| Dimensional 2065 Target Date Retirement Income Fun... | 0.86 | 0.85 | 0.88 | 81 | Target Retirement Date | GMTZX vs DTDRX |
See all 45 diversifiers for GMTZX
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Diversification Analysis
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