Looking to diversify beyond AAGTX? The mutual funds below have historically moved differently from AAGTX, 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 AAGTX
0 mutual funds have low correlation with AAGTX (below 0.3), 0 of which are negatively correlated. The least correlated is American Funds The Income Fund of America Class A (AMECX) (Diversified Portfolio) with a 1Y correlation of 0.69, down from 0.84 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| American Funds The Income Fund of America Class A | 0.69 | 0.80 | 0.84 | 82 | Diversified Portfolio, Dividend | AAGTX vs AMECX | |
| Putnam Large Cap Value Fund Class R6 | 0.74 | 0.79 | 0.84 | 95 | Large Cap Value Equities | AAGTX vs PEQSX | |
| American Funds American Mutual Fund Class A | 0.80 | 0.85 | 0.87 | 70 | Large Cap Blend Equities | AAGTX vs AMRMX | |
| Dimensional Retirement Income Fund | 0.80 | 0.78 | 0.75 | 83 | Target Retirement Date | AAGTX vs TDIFX | |
| Fidelity Mid Cap Index Fund | 0.81 | 0.86 | 0.91 | 67 | Mid Cap Blend Equities | AAGTX vs FSMDX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements AAGTX
Add AAGTX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AAGTX