Looking to diversify beyond GWPFX? The mutual funds below have the lowest correlation with GWPFX — 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 GWPFX.
Best Diversifiers for GWPFX
0 mutual funds have low correlation with GWPFX (below 0.3), 0 of which are negatively correlated. The least correlated is Russell Investment Tax-Managed Real Assets Fund (RTXAX) (Global Equities) with a 1Y correlation of 0.46, down from 0.68 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Russell Investment Tax-Managed Real Assets Fund | 0.46 | 0.59 | 0.68 | 81 | Global Equities | GWPFX vs RTXAX | |
| T. Rowe Price Real Assets Fund | 0.53 | 0.61 | 0.69 | 57 | Global Equities | GWPFX vs PRAFX | |
| Polaris Global Value Fund | 0.54 | 0.64 | 0.71 | 90 | Global Equities | GWPFX vs PGVFX | |
| Wasatch Global Value Fund Investor Class Shares | 0.54 | 0.50 | 0.61 | 89 | Global Equities | GWPFX vs FMIEX | |
| SEI Institutional Investments Trust Global Managed... | 0.58 | 0.61 | 0.68 | 55 | Global Equities | GWPFX vs SGMAX |
See all 25 diversifiers for GWPFX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements GWPFX
Add GWPFX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GWPFX