Looking to diversify beyond AAAGX? The mutual funds below have the lowest correlation with AAAGX — 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 AAAGX.
Best Diversifiers for AAAGX
3 mutual funds have low correlation with AAAGX (below 0.3), 0 of which are negatively correlated. The least correlated is Thrivent High Income Municipal Bond Fund (THMBX) (High Yield Muni) with a 1Y correlation of 0.17, roughly unchanged from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Thrivent High Income Municipal Bond Fund | 0.17 | 0.11 | 0.12 | 80 | High Yield Muni | AAAGX vs THMBX | |
| Thrivent Municipal Bond Fund | 0.20 | 0.12 | 0.11 | 63 | Municipal Bonds | AAAGX vs AAMBX | |
| Thrivent Limited Maturity Bond Fund | 0.28 | 0.13 | 0.13 | 72 | Short-Term Bond | AAAGX vs THLIX | |
| Baron Partners Fund | 0.53 | 0.64 | 0.72 | 52 | Large Cap Growth Equities | AAAGX vs BPTRX | |
| Thrivent Large Cap Value Fund | 0.56 | 0.60 | 0.68 | 86 | Large Cap Value Equities | AAAGX vs AAUTX |
See all 40 diversifiers for AAAGX
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