Looking to diversify beyond GMUEX? The mutual funds below have the lowest correlation with GMUEX — 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 GMUEX.
Best Diversifiers for GMUEX
6 mutual funds have low correlation with GMUEX (below 0.3), 1 of which are negatively correlated. The least correlated is GMO U.S. Treasury Fund (GUSTX) (Government Bonds) with a 1Y correlation of -0.09, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GMO U.S. Treasury Fund | -0.09 | 0.05 | 0.02 | 99 | Government Bonds | GMUEX vs GUSTX | |
| Voya Corporate Leaders Trust Fund | 0.09 | 0.37 | 0.56 | 53 | Large Cap Value Equities | GMUEX vs LEXCX | |
| GMO Multi-Sector Fixed Income Fund | 0.10 | 0.13 | 0.11 | 74 | Intermediate Core-Plus Bond | GMUEX vs GUGAX | |
| Federated Hermes Equity Income Fund | 0.10 | 0.50 | 0.71 | 53 | Large Cap Value Equities | GMUEX vs LEIFX | |
| GMO Alternative Allocation Fund | 0.20 | 0.27 | 0.28 | 66 | Multistrategy | GMUEX vs GAAVX |
See all 40 diversifiers for GMUEX
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