Looking to diversify beyond GPSTX? The mutual funds below have the lowest correlation with GPSTX — 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 GPSTX.
Best Diversifiers for GPSTX
1 mutual funds have low correlation with GPSTX (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 0.24, down from 0.54 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.24 | 0.41 | 0.54 | 75 | Global Equities | GPSTX vs CSUAX | |
| Nuveen Global Infrastructure Fund Class A | 0.30 | 0.47 | 0.61 | 69 | Global Equities | GPSTX vs FGIAX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.51 | 0.65 | 0.72 | 86 | Global Equities | GPSTX vs RTXAX | |
| Vanguard Global Minimum Volatility Fund Investor S... | 0.54 | 0.64 | 0.71 | 66 | Global Equities | GPSTX vs VMVFX | |
| Polaris Global Value Fund | 0.54 | 0.68 | 0.75 | 90 | Global Equities | GPSTX vs PGVFX |
See all 33 diversifiers for GPSTX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements GPSTX
Add GPSTX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GPSTX