Looking to diversify beyond GUSTX? The mutual funds below have historically moved differently from GUSTX, 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 GUSTX
33 mutual funds have low correlation with GUSTX (below 0.3), 9 of which are negatively correlated. The least correlated is GMO Multi-Sector Fixed Income Fund (GUGAX) (Intermediate Core-Plus Bond) with a 1Y correlation of -0.04, roughly unchanged from 0.04 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GMO Multi-Sector Fixed Income Fund | -0.04 | 0.05 | 0.04 | 90 | Intermediate Core-Plus Bond | GUSTX vs GUGAX | |
| GMO Emerging Markets ex-China Fund | -0.04 | 0.00 | — | 87 | Emerging Markets Equities | GUSTX vs GMAQX | |
| GMO Alternative Allocation Fund | -0.03 | 0.02 | 0.03 | 89 | Multistrategy | GUSTX vs GAAVX | |
| GMO Emerging Markets Fund | -0.03 | 0.00 | 0.03 | 81 | Emerging Markets Equities | GUSTX vs GMOEX | |
| GMO Climate Change Fund | -0.01 | 0.06 | 0.05 | 61 | Global Equities | GUSTX vs GCCHX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for GUSTX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Chevron Corporation (CVX) (Energy) with a 1Y correlation of -0.02, roughly unchanged from 0.00 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | -0.02 | -0.03 | 0.00 | 80 | Energy | |
| Regeneron Pharmaceuticals, Inc. | -0.01 | -0.02 | -0.01 | 76 | Healthcare | |
| Walmart Inc. | 0.01 | 0.03 | 0.02 | 62 | Consumer Defensive | |
| Companhia Energética de Minas Gerais | 0.03 | -0.00 | -0.01 | 75 | Utilities | |
| Crocs, Inc. | 0.07 | 0.02 | 0.00 | 63 | Consumer Cyclical |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements GUSTX
Add GUSTX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GUSTX