Looking to diversify beyond AABTX? The mutual funds below have historically moved differently from AABTX, 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 AABTX
0 mutual funds have low correlation with AABTX (below 0.3), 0 of which are negatively correlated. The least correlated is T. Rowe Price Equity Income Fund (PRFDX) (Dividend) with a 1Y correlation of 0.74, roughly unchanged from 0.78 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Equity Income Fund | 0.74 | 0.73 | 0.78 | 91 | Dividend, Large Cap Value Equities | AABTX vs PRFDX | |
| Voya Target Retirement 2040 Fund | 0.79 | 0.86 | 0.88 | 75 | Target Retirement Date | AABTX vs IRSOX | |
| American Funds EUPAC Fund Class R-6 | 0.80 | 0.77 | 0.80 | 51 | Foreign Large Cap Equities, Large Cap Growth Equities, Actively Managed | AABTX vs RERGX | |
| Dimensional 2065 Target Date Retirement Income Fun... | 0.81 | 0.82 | 0.86 | 77 | Target Retirement Date | AABTX vs DTDRX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 0.81 | 0.84 | 0.86 | 77 | Target Retirement Date | AABTX vs DRILX |
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