Looking to diversify beyond VKMGX? The mutual funds below have the lowest correlation with VKMGX — 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 VKMGX.
Best Diversifiers for VKMGX
4 mutual funds have low correlation with VKMGX (below 0.3), 0 of which are negatively correlated. The least correlated is GMO U.S. Treasury Fund (GUSTX) (Government Bonds) with a 1Y correlation of 0.19, roughly unchanged from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GMO U.S. Treasury Fund | 0.19 | 0.13 | 0.10 | 99 | Government Bonds | VKMGX vs GUSTX | |
| Invesco Value Opportunities Fund | 0.21 | 0.18 | 0.12 | 72 | Mid Cap Value Equities | VKMGX vs VVOAX | |
| Invesco Small Cap Value Fund | 0.22 | 0.17 | 0.12 | 76 | Small Cap Value Equities | VKMGX vs VSCAX | |
| Invesco Comstock Fund | 0.23 | 0.18 | 0.12 | 73 | Large Cap Value Equities | VKMGX vs ACSTX | |
| Invesco Equity and Income Fund | 0.30 | 0.28 | 0.23 | 68 | Diversified Portfolio | VKMGX vs ACEIX |
See all 15 diversifiers for VKMGX
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