Looking to diversify beyond GPEOX? The mutual funds below have the lowest correlation with GPEOX — 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 GPEOX.
Best Diversifiers for GPEOX
0 mutual funds have low correlation with GPEOX (below 0.3), 0 of which are negatively correlated. The least correlated is Ashmore Emerging Markets Small Cap Equity Fund (ESCIX) (Emerging Markets Diversified) with a 1Y correlation of 0.48, down from 0.72 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Ashmore Emerging Markets Small Cap Equity Fund | 0.48 | 0.66 | 0.72 | 87 | Emerging Markets Diversified | GPEOX vs ESCIX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.59 | 0.66 | 0.70 | 93 | Emerging Markets Diversified | GPEOX vs EMPTX | |
| Delaware Emerging Markets Fund | 0.60 | 0.66 | 0.72 | 98 | Emerging Markets Diversified | GPEOX vs DEMIX | |
| Voya Multi-Manager Emerging Markets Equity Fund | 0.62 | 0.69 | 0.75 | 94 | Emerging Markets Diversified | GPEOX vs IEMGX | |
| Martin Currie SMA-Shares Series EM Fund | 0.64 | 0.67 | 0.72 | 97 | Emerging Markets Diversified | GPEOX vs LCSMX |
See all 26 diversifiers for GPEOX
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