Looking to diversify beyond POLEX? The mutual funds below have historically moved differently from POLEX, 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 POLEX
2 mutual funds have low correlation with POLEX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs GQG Partners International Opportunities Fund Class R6 (GSIYX) (Foreign Large Cap Equities) with a 1Y correlation of 0.11, down from 0.55 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs GQG Partners International Opportuni... | 0.11 | 0.43 | 0.55 | 56 | Foreign Large Cap Equities, Emerging Markets Equities | POLEX vs GSIYX | |
| The Cook & Bynum Fund | 0.21 | 0.36 | 0.44 | 66 | Emerging Markets Equities | POLEX vs COBYX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.38 | 0.61 | 0.69 | 92 | Emerging Markets Equities | POLEX vs ESCIX | |
| Fidelity SAI Emerging Markets Low Volatility Index... | 0.68 | 0.67 | 0.73 | 53 | Emerging Markets Equities, Low Volatility | POLEX vs FGKPX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.70 | 0.73 | 0.77 | 77 | Emerging Markets Equities | POLEX vs EMPTX |
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