Looking to diversify beyond GONIX? The mutual funds below have historically moved differently from GONIX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for GONIX
9 mutual funds have low correlation with GONIX (below 0.3), 2 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Bridgeway Global Opportunities Fund Class N | -0.15 | — | — | 93 | Equity Market Neutral | GONIX vs BRGOX | |
| Miller Market Neutral Income Fund Class I | -0.00 | — | — | 99 | Equity Market Neutral | GONIX vs MMNIX | |
| BlackRock Global Equity Market Neutral Fund | 0.13 | 0.20 | 0.19 | 97 | Equity Market Neutral | GONIX vs BDMAX | |
| BlackRock Global Equity Market Neutral Fund Class ... | 0.14 | 0.20 | 0.19 | 97 | Equity Market Neutral | GONIX vs BDMIX | |
| Gotham Enhanced S&P 500 Index Fund | 0.17 | 0.33 | 0.34 | 77 | Large Cap Blend Equities | GONIX vs GSPFX |
See all 11 diversifiers for GONIX
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