Looking to diversify beyond GTLOX? The mutual funds below have historically moved differently from GTLOX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for GTLOX
0 mutual funds have low correlation with GTLOX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Strategic Volatility Premium Fund (SVPFX) (Large Cap Blend Equities) with a 1Y correlation of 0.34, up from 0.12 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.34 | 0.15 | 0.12 | 97 | Large Cap Blend Equities | GTLOX vs SVPFX | |
| Federated Hermes MDT All Cap Core Fund Class R6 | 0.36 | 0.55 | 0.75 | 51 | Large Cap Blend Equities | GTLOX vs QKACX | |
| Federated Hermes MDT All Cap Core Fund | 0.36 | 0.55 | 0.75 | 52 | Large Cap Blend Equities | GTLOX vs QIACX | |
| Glenmede Quantitative International Equity Portfol... | 0.42 | 0.42 | 0.53 | 91 | Foreign Large Cap Equities | GTLOX vs GTCIX | |
| North Square Preferred and Income Securities Fund | 0.44 | 0.34 | 0.40 | 57 | Preferred Stock | GTLOX vs ORDNX |
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