Looking to diversify beyond ZGFIX? The mutual funds below have the lowest correlation with ZGFIX — 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 ZGFIX.
Best Diversifiers for ZGFIX
0 mutual funds have low correlation with ZGFIX (below 0.3), 0 of which are negatively correlated. The least correlated is Ninety One Emerging Markets Equity Fund (ZEMIX) (Emerging Markets Diversified) with a 1Y correlation of 0.37, down from 0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Ninety One Emerging Markets Equity Fund | 0.37 | 0.50 | 0.56 | 92 | Emerging Markets Diversified | ZGFIX vs ZEMIX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.37 | 0.54 | 0.64 | 81 | Global Equities | ZGFIX vs RTXAX | |
| GMO Climate Change Fund | 0.40 | 0.52 | 0.61 | 93 | Global Equities | ZGFIX vs GCCHX | |
| T. Rowe Price Real Assets Fund | 0.41 | 0.54 | 0.64 | 57 | Global Equities | ZGFIX vs PRAFX | |
| Polaris Global Value Fund | 0.43 | 0.59 | 0.68 | 90 | Global Equities | ZGFIX vs PGVFX |
See all 24 diversifiers for ZGFIX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements ZGFIX
Add ZGFIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ZGFIX