Looking to diversify beyond QMGYX? The mutual funds below have the lowest correlation with QMGYX — 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 QMGYX.
Best Diversifiers for QMGYX
0 mutual funds have low correlation with QMGYX (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco Comstock Fund (ACSTX) (Large Cap Value Equities) with a 1Y correlation of 0.51, down from 0.62 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Comstock Fund | 0.51 | 0.57 | 0.62 | 60 | Large Cap Value Equities | QMGYX vs ACSTX | |
| Invesco Equity and Income Fund | 0.56 | 0.61 | 0.65 | 61 | Diversified Portfolio | QMGYX vs ACEIX | |
| Invesco Value Opportunities Fund | 0.56 | 0.63 | 0.66 | 81 | Mid Cap Value Equities | QMGYX vs VVOAX | |
| Invesco Small Cap Value Fund | 0.56 | 0.64 | 0.65 | 87 | Small Cap Value Equities | QMGYX vs VSCAX | |
| Kopernik International Fund | 0.56 | 0.53 | 0.61 | 54 | Foreign Large Cap Equities | QMGYX vs KGIIX |
See all 18 diversifiers for QMGYX
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