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
22 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 0.02, down from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| abrdn Emerging Markets ex-China Fund | 0.02 | 0.19 | 0.32 | 88 | Emerging Markets Diversified | GOPIX vs GLLSX | |
| Columbia Seligman Premium Technology Growth Closed... | 0.04 | 0.14 | 0.23 | 91 | Technology Equities | GOPIX vs STK | |
| abrdn Realty Income & Growth Fund | 0.05 | 0.10 | 0.15 | 72 | REIT | GOPIX vs AIGYX | |
| abrdn U.S. Small Cap Equity Fund | 0.06 | 0.18 | 0.27 | 57 | Small Cap Growth Equities | GOPIX vs GSXIX | |
| abrdn World Healthcare Fund | 0.08 | 0.15 | 0.18 | 85 | Health & Biotech Equities | GOPIX vs THW |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GOPIX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GOPIX and solid risk/return profiles. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.06, roughly unchanged from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | 0.06 | 0.09 | 0.15 | 53 | Financial Services |
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