Looking to diversify beyond GQETX? The mutual funds below have historically moved differently from GQETX, 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 GQETX
9 mutual funds have low correlation with GQETX (below 0.3), 1 of which are negatively correlated. The least correlated is GQG Partners US Quality Dividend Income Fund (GQHPX) (Quality Factor) with a 1Y correlation of -0.12, 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 US Quality Dividend Income Fund | -0.12 | 0.36 | 0.51 | 62 | Quality Factor, Large Cap Value Equities | GQETX vs GQHPX | |
| GMO U.S. Treasury Fund | 0.02 | 0.05 | 0.02 | 99 | Government Bonds | GQETX vs GUSTX | |
| GMO Alternative Allocation Fund | 0.06 | 0.23 | 0.22 | 89 | Multistrategy | GQETX vs GAAVX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.07 | 0.09 | 0.14 | 91 | Inflation-Protected Bonds | GQETX vs VTAPX | |
| GMO Multi-Sector Fixed Income Fund | 0.10 | 0.17 | 0.15 | 90 | Intermediate Core-Plus Bond | GQETX vs GUGAX |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for GQETX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.14, down from 0.49 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | 0.14 | 0.34 | 0.49 | 61 | Financial Services |
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