Looking to diversify beyond GQEIX? The mutual funds below have the lowest correlation with GQEIX — 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 GQEIX.
Best Diversifiers for GQEIX
214 mutual funds have low correlation with GQEIX (below 0.3), 180 of which are negatively correlated. The least correlated is Fidelity OTC Portfolio (FOCPX) (Large Cap Growth Equities) with a 1Y correlation of -0.28, down from 0.58 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity OTC Portfolio | -0.28 | 0.49 | 0.58 | 92 | Large Cap Growth Equities | GQEIX vs FOCPX | |
| Federated Hermes MDT All Cap Core Fund Class R6 | -0.20 | 0.42 | 0.58 | 60 | Large Cap Blend Equities | GQEIX vs QKACX | |
| Payson Total Return Fund | -0.19 | 0.49 | 0.63 | 70 | Large Cap Blend Equities | GQEIX vs PBFDX | |
| Federated Hermes MDT All Cap Core Fund | -0.18 | 0.42 | 0.58 | 60 | Large Cap Blend Equities | GQEIX vs QIACX | |
| Fidelity Leveraged Company Stock Fund Class K | -0.16 | 0.46 | 0.59 | 56 | Large Cap Blend Equities | GQEIX vs FLCKX |
See all 215 diversifiers for GQEIX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements GQEIX
Add GQEIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GQEIX