Looking to diversify beyond QMFIX? The mutual funds below have the lowest correlation with QMFIX — 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 QMFIX.
Best Diversifiers for QMFIX
9 mutual funds have low correlation with QMFIX (below 0.3), 0 of which are negatively correlated. The least correlated is GMO Alternative Allocation Fund (GAAVX) (Multistrategy) with a 1Y correlation of 0.03, roughly unchanged from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GMO Alternative Allocation Fund | 0.03 | 0.03 | 0.03 | 66 | Multistrategy | QMFIX vs GAAVX | |
| AQR Style Premia Alternative R6 | 0.06 | 0.06 | 0.06 | 51 | Multistrategy | QMFIX vs QSPRX | |
| Stone Ridge Reinsurance Risk Premium Interval Fund | 0.06 | 0.06 | 0.06 | 100 | Multistrategy | QMFIX vs SRRIX | |
| Stone Ridge High Yield Reinsurance Risk Premium Fu... | 0.14 | 0.14 | 0.14 | 98 | Multistrategy | QMFIX vs SHRIX | |
| AQR Managed Futures Strategy HV Fund Class N | 0.17 | 0.17 | 0.17 | 82 | Systematic Trend | QMFIX vs QMHNX |
See all 15 diversifiers for QMFIX
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