Looking to diversify beyond GTDDX? The mutual funds below have the lowest correlation with GTDDX — 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 GTDDX.
Best Diversifiers for GTDDX
1 mutual funds have low correlation with GTDDX (below 0.3), 0 of which are negatively correlated. The least correlated is MFS Municipal Limited Maturity Fund (MTLFX) (Municipal Bonds) with a 1Y correlation of 0.19, roughly unchanged from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MFS Municipal Limited Maturity Fund | 0.19 | 0.12 | 0.11 | 67 | Municipal Bonds | GTDDX vs MTLFX | |
| Invesco Comstock Fund | 0.46 | 0.49 | 0.55 | 59 | Large Cap Value Equities | GTDDX vs ACSTX | |
| JOHCM Emerging Markets Small Mid Cap Equity Fund | 0.50 | 0.60 | 0.66 | 51 | Emerging Markets Diversified | GTDDX vs JOMMX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.50 | 0.64 | 0.70 | 86 | Emerging Markets Diversified | GTDDX vs ESCIX | |
| Invesco Equity and Income Fund | 0.52 | 0.53 | 0.58 | 67 | Diversified Portfolio | GTDDX vs ACEIX |
See all 92 diversifiers for GTDDX
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