Looking to diversify beyond GPGOX? The mutual funds below have historically moved differently from GPGOX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for GPGOX
2 mutual funds have low correlation with GPGOX (below 0.3), 0 of which are negatively correlated. The least correlated is GQG Partners Global Quality Dividend Income Fund (GQFPX) (Quality Factor) with a 1Y correlation of 0.09, down from 0.51 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GQG Partners Global Quality Dividend Income Fund | 0.09 | 0.43 | 0.51 | 70 | Quality Factor, Global Equities | GPGOX vs GQFPX | |
| Cohen & Steers Global Infrastructure Fund Class A | 0.26 | 0.42 | 0.52 | 79 | Infrastructure Equities, Global Equities | GPGOX vs CSUAX | |
| Nuveen Global Infrastructure Fund Class A | 0.31 | 0.47 | 0.58 | 66 | Infrastructure Equities, Global Equities | GPGOX vs FGIAX | |
| Catalyst/Millburn Hedge Strategy Fund Class I | 0.36 | 0.25 | 0.27 | 90 | Multistrategy, Systematic Trend, Global Equities | GPGOX vs MBXIX | |
| SEI Institutional Managed Trust Global Managed Vol... | 0.38 | 0.53 | 0.62 | 53 | Global Equities, Low Volatility | GPGOX vs SVTAX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements GPGOX
Add GPGOX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GPGOX