Looking to diversify beyond GQETX? The mutual funds below have the lowest correlation with GQETX — 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 GQETX.
Best Diversifiers for GQETX
6 mutual funds have low correlation with GQETX (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 | GQETX vs GUSTX | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.05 | 0.09 | 0.14 | 89 | Inflation-Protected Bonds | GQETX vs VTAPX | |
| GMO Alternative Allocation Fund | 0.12 | 0.24 | 0.23 | 66 | Multistrategy | GQETX vs GAAVX | |
| GMO Multi-Sector Fixed Income Fund | 0.15 | 0.17 | 0.14 | 76 | Intermediate Core-Plus Bond | GQETX vs GUGAX | |
| T. Rowe Price Ultra Short-Term Bond Fund | 0.16 | 0.06 | 0.08 | 99 | Ultrashort Bond | GQETX vs TRBUX |
See all 68 diversifiers for GQETX
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