Looking to diversify beyond GQEFX? The mutual funds below have the lowest correlation with GQEFX — 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 GQEFX.
Best Diversifiers for GQEFX
3 mutual funds have low correlation with GQEFX (below 0.3), 0 of which are negatively correlated. The least correlated is GMO U.S. Treasury Fund (GUSTX) (Government Bonds) with a 1Y correlation of 0.03, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GMO U.S. Treasury Fund | 0.03 | 0.05 | 0.02 | 99 | Government Bonds | GQEFX vs GUSTX | |
| GMO Alternative Allocation Fund | 0.12 | 0.24 | 0.23 | 66 | Multistrategy | GQEFX vs GAAVX | |
| GMO Multi-Sector Fixed Income Fund | 0.15 | 0.17 | 0.15 | 76 | Intermediate Core-Plus Bond | GQEFX vs GUGAX | |
| GMO Resources Fund | 0.35 | 0.41 | 0.50 | 84 | Energy Equities | GQEFX vs GOFIX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.36 | 0.17 | 0.15 | 72 | Large Cap Blend Equities | GQEFX vs SVPFX |
See all 48 diversifiers for GQEFX
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