Looking to diversify beyond GOPIX? The mutual funds below have the lowest correlation with GOPIX — 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 GOPIX.
Best Diversifiers for GOPIX
17 mutual funds have low correlation with GOPIX (below 0.3), 0 of which are negatively correlated. The least correlated is abrdn Emerging Markets ex-China Fund (GLLSX) (Emerging Markets Diversified) with a 1Y correlation of 0.07, down from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| abrdn Emerging Markets ex-China Fund | 0.07 | 0.22 | 0.33 | 95 | Emerging Markets Diversified | GOPIX vs GLLSX | |
| Columbia Seligman Premium Technology Growth Closed... | 0.08 | 0.17 | 0.24 | 97 | Technology Equities | GOPIX vs STK | |
| abrdn Ultra Short Municipal Income Fund | 0.11 | 0.04 | 0.03 | 99 | Municipal Bonds | GOPIX vs ATOIX | |
| abrdn Dynamic Dividend Fund | 0.11 | 0.27 | 0.34 | 73 | Global Equities | GOPIX vs ADVDX | |
| abrdn Global Infrastructure Fund | 0.13 | 0.21 | 0.28 | 53 | Energy Equities | GOPIX vs AIFRX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements GOPIX
Add GOPIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GOPIX