Looking to diversify beyond GQJPX? The mutual funds below have the lowest correlation with GQJPX — 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 GQJPX.
Best Diversifiers for GQJPX
0 mutual funds have low correlation with GQJPX (below 0.3), 0 of which are negatively correlated. The least correlated is American Beacon Tocqueville International Value Fund (TIVFX) (Foreign Large Cap Equities) with a 1Y correlation of 0.31, down from 0.62 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| American Beacon Tocqueville International Value Fu... | 0.31 | 0.52 | 0.62 | 81 | Foreign Large Cap Equities | GQJPX vs TIVFX | |
| Thornburg Global Opportunities Fund | 0.39 | 0.60 | 0.67 | 86 | Foreign Large Cap Equities | GQJPX vs THOIX | |
| Putnam Focused International Equity Fund | 0.42 | 0.60 | 0.66 | 54 | Foreign Large Cap Equities | GQJPX vs PEQUX | |
| Pear Tree Polaris Foreign Value Fund | 0.43 | 0.57 | 0.65 | 77 | Foreign Large Cap Equities | GQJPX vs QFVOX | |
| WCM Focused International Value Fund | 0.45 | 0.61 | 0.67 | 56 | Foreign Large Cap Equities | GQJPX vs WLIVX |
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