Looking to diversify beyond GUSTX? The mutual funds below have the lowest correlation with GUSTX — 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 GUSTX.
Best Diversifiers for GUSTX
32 mutual funds have low correlation with GUSTX (below 0.3), 6 of which are negatively correlated. The least correlated is GMO Alternative Allocation Fund (GAAVX) (Multistrategy) with a 1Y correlation of -0.05, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GMO Alternative Allocation Fund | -0.05 | 0.03 | 0.02 | 66 | Multistrategy | GUSTX vs GAAVX | |
| GMO Emerging Markets ex-China Fund | -0.05 | 0.03 | — | 96 | Emerging Markets Diversified | GUSTX vs GMAQX | |
| GMO Emerging Markets Fund | -0.04 | 0.03 | 0.03 | 93 | Emerging Markets Diversified | GUSTX vs GMOEX | |
| GMO U.S. Small Cap Value Fund | -0.02 | 0.03 | 0.01 | 77 | Small Cap Value Equities | GUSTX vs GCAVX | |
| GMO Multi-Sector Fixed Income Fund | -0.01 | 0.04 | 0.05 | 76 | Intermediate Core-Plus Bond | GUSTX vs GUGAX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GUSTX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GUSTX and solid risk/return profiles. The least correlated is Regeneron Pharmaceuticals, Inc. (REGN) (Healthcare) with a 1Y correlation of -0.01, roughly unchanged from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Regeneron Pharmaceuticals, Inc. | -0.01 | -0.02 | -0.01 | 61 | Healthcare | |
| Chevron Corporation | -0.01 | -0.02 | 0.00 | 68 | Energy | |
| Walmart Inc. | 0.00 | 0.04 | 0.02 | 69 | Consumer Defensive | |
| Companhia Energética de Minas Gerais | 0.02 | -0.02 | -0.00 | 62 | Utilities | |
| Crocs, Inc. | 0.04 | 0.03 | 0.00 | 58 | Consumer Cyclical |
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