Looking to diversify beyond GQFPX? The mutual funds below have the lowest correlation with GQFPX — 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 GQFPX.
Best Diversifiers for GQFPX
63 mutual funds have low correlation with GQFPX (below 0.3), 2 of which are negatively correlated. The least correlated is T. Rowe Price Global Technology Fund I Class (PGTIX) (Technology Equities) with a 1Y correlation of -0.07, down from 0.27 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Global Technology Fund I Class | -0.07 | 0.27 | — | 87 | Technology Equities, Global Equities | GQFPX vs PGTIX | |
| Baron Global Advantage Fund | -0.07 | 0.29 | — | 68 | Global Equities | GQFPX vs BGAIX | |
| American Funds The New Economy Fund® Class F-2 | 0.01 | 0.37 | — | 87 | Global Equities | GQFPX vs NEFFX | |
| American Funds The New Economy Fund Class R-3 | 0.01 | 0.37 | — | 86 | Global Equities | GQFPX vs RNGCX | |
| American Funds The New Economy Fund | 0.01 | 0.37 | — | 87 | Global Equities | GQFPX vs ANEFX |
See all 94 diversifiers for GQFPX
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