Looking to diversify beyond AABFX? The mutual funds below have historically moved differently from AABFX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for AABFX
2 mutual funds have low correlation with AABFX (below 0.3), 1 of which are negatively correlated. The least correlated is SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX) (Diversified Portfolio) with a 1Y correlation of -0.25, down from 0.11 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Managed Trust Multi-Asset Inflat... | -0.25 | -0.03 | 0.11 | 77 | Diversified Portfolio | AABFX vs SIFAX | |
| MH Elite Small Cap Fund of Funds Fund | 0.04 | 0.13 | 0.47 | 66 | Diversified Portfolio | AABFX vs MHELX | |
| Thrivent High Income Municipal Bond Fund | 0.31 | 0.32 | 0.28 | 83 | High Yield Muni | AABFX vs THMBX | |
| Fidelity Advisor Strategic Real Return Fund Class ... | 0.35 | 0.55 | 0.61 | 90 | Diversified Portfolio | AABFX vs FIQDX | |
| Fidelity Strategic Real Return Fund Class K6 | 0.36 | 0.56 | 0.62 | 91 | Diversified Portfolio | AABFX vs FSRKX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements AABFX
Add AABFX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AABFX