Looking to diversify beyond AAGOX? The mutual funds below have historically moved differently from AAGOX, 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 AAGOX
0 mutual funds have low correlation with AAGOX (below 0.3), 0 of which are negatively correlated. The least correlated is Provident Trust Strategy Fund (PROVX) (Large Cap Growth Equities) with a 1Y correlation of 0.36, down from 0.69 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Provident Trust Strategy Fund | 0.36 | 0.53 | 0.69 | 51 | Large Cap Growth Equities | AAGOX vs PROVX | |
| Alger Health Sciences Fund | 0.36 | 0.45 | 0.59 | 96 | Health & Biotech Equities | AAGOX vs AHSAX | |
| Davis New York Venture Fund Class Y | 0.52 | 0.63 | 0.71 | 91 | Large Cap Growth Equities | AAGOX vs DNVYX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.61 | 0.59 | 0.66 | 74 | Foreign Large Cap Equities | AAGOX vs VTMGX | |
| ICON Equity Fund | 0.62 | 0.56 | 0.68 | 79 | Large Cap Growth Equities | AAGOX vs IOLZX |
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