Looking to diversify beyond GQRPX? The mutual funds below have the lowest correlation with GQRPX — 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 GQRPX.
Best Diversifiers for GQRPX
92 mutual funds have low correlation with GQRPX (below 0.3), 17 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 -0.20, down from 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Global Technology Fund I Class | -0.20 | 0.46 | 0.49 | 87 | Technology Equities, Global Equities | GQRPX vs PGTIX | |
| American Funds The New Economy Fund Class R-3 | -0.14 | 0.49 | 0.59 | 86 | Global Equities | GQRPX vs RNGCX | |
| American Funds The New Economy Fund® Class F-2 | -0.14 | 0.50 | 0.59 | 87 | Global Equities | GQRPX vs NEFFX | |
| American Funds The New Economy Fund | -0.14 | 0.49 | 0.59 | 87 | Global Equities | GQRPX vs ANEFX | |
| Baron Global Advantage Fund | -0.14 | 0.44 | 0.49 | 68 | Global Equities | GQRPX vs BGAIX |
See all 102 diversifiers for GQRPX
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