Looking to diversify beyond GVEYX? The mutual funds below have the lowest correlation with GVEYX — 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 GVEYX.
Best Diversifiers for GVEYX
2 mutual funds have low correlation with GVEYX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes Equity Income Fund (LEIFX) (Large Cap Value Equities) with a 1Y correlation of 0.18, down from 0.78 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes Equity Income Fund | 0.18 | 0.59 | 0.78 | 54 | Large Cap Value Equities | GVEYX vs LEIFX | |
| GuideStone Funds Low-Duration Bond Fund | 0.23 | 0.14 | 0.12 | 89 | Short-Term Bond | GVEYX vs GLDYX | |
| Voya Corporate Leaders Trust Fund | 0.39 | 0.61 | 0.72 | 52 | Large Cap Value Equities | GVEYX vs LEXCX | |
| Federated Hermes Strategic Value Dividend Fund | 0.54 | 0.62 | 0.73 | 65 | Large Cap Value Equities | GVEYX vs SVAIX | |
| Rational Equity Armor Fund | 0.57 | 0.63 | 0.72 | 55 | Large Cap Value Equities | GVEYX vs HDCTX |
See all 33 diversifiers for GVEYX
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