Looking to diversify beyond GPGOX? The mutual funds below have the lowest correlation with GPGOX — 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 GPGOX.
Best Diversifiers for GPGOX
1 mutual funds have low correlation with GPGOX (below 0.3), 0 of which are negatively correlated. The least correlated is Cohen & Steers Global Infrastructure Fund Class A (CSUAX) (Global Equities) with a 1Y correlation of 0.29, down from 0.53 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.29 | 0.43 | 0.53 | 75 | Global Equities | GPGOX vs CSUAX | |
| Nuveen Global Infrastructure Fund Class A | 0.32 | 0.48 | 0.59 | 68 | Global Equities | GPGOX vs FGIAX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.49 | 0.61 | 0.67 | 85 | Global Equities | GPGOX vs RTXAX | |
| Vanguard Global Minimum Volatility Fund Admiral Sh... | 0.49 | 0.53 | 0.61 | 69 | Global Equities | GPGOX vs VMNVX | |
| Vanguard Global Minimum Volatility Fund Investor S... | 0.49 | 0.53 | 0.61 | 69 | Global Equities | GPGOX vs VMVFX |
See all 34 diversifiers for GPGOX
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