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Grandeur Peak Global Opportunities Fund (GPGOX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 3, 2026

The fund invests primarily in foreign and domestic small- and micro-cap companies. Under normal market conditions, the Adviser will invest the fund's assets primarily in equity securities of foreign and domestic companies with market capitalizations of less than $5 billion at the time of purchase. It will typically invest in securities issued by companies economically tied to at least three countries, including the United States.

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

0 mutual funds have low correlation with GPGOX (below 0.3), 0 of which are negatively correlated. The least correlated is Russell Investment Tax-Managed Real Assets Fund (RTXAX) (Global Equities) with a 1Y correlation of 0.52, down from 0.68 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
RTXAX
Russell Investment Tax-Managed Real Assets Fund0.520.630.68
80
Global EquitiesGPGOX vs RTXAX
PRAFX
T. Rowe Price Real Assets Fund0.580.640.69
58
Global EquitiesGPGOX vs PRAFX
SGMAX
SEI Institutional Investments Trust Global Managed...0.590.620.65
55
Global EquitiesGPGOX vs SGMAX
NALFX
New Alternatives Fund0.610.660.70
61
Global EquitiesGPGOX vs NALFX
GCCHX
GMO Climate Change Fund0.620.700.72
92
Global EquitiesGPGOX vs GCCHX
See all 22 diversifiers for GPGOX

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