Looking to diversify beyond AADEX? The mutual funds below have historically moved differently from AADEX, 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 AADEX
3 mutual funds have low correlation with AADEX (below 0.3), 0 of which are negatively correlated. The least correlated is American Beacon Frontier Markets Income Fund (AGEPX) (Emerging Markets Bonds) with a 1Y correlation of 0.28, roughly unchanged from 0.27 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| American Beacon Frontier Markets Income Fund | 0.28 | 0.25 | 0.27 | 99 | Emerging Markets Bonds | AADEX vs AGEPX | |
| American Beacon Developing World Income Fund Class... | 0.29 | 0.26 | 0.28 | 99 | Emerging Markets Bonds | AADEX vs AGEYX | |
| GQG Partners US Quality Dividend Income Fund | 0.29 | 0.58 | 0.70 | 62 | Quality Factor, Large Cap Value Equities | AADEX vs GQHPX | |
| Federated Hermes Equity Income Fund | 0.30 | 0.57 | 0.77 | 72 | Dividend, Large Cap Value Equities | AADEX vs LEIFX | |
| American Beacon TwentyFour Strategic Income Fund | 0.30 | 0.25 | 0.27 | 59 | Multisector Bonds | AADEX vs TFGPX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements AADEX
Add AADEX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AADEX