Looking to diversify beyond AAGTX? The mutual funds below have the lowest correlation with AAGTX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from AAGTX.
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 0.71, down from 0.85 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| American Funds The Income Fund of America Class A | 0.71 | 0.81 | 0.85 | 58 | Diversified Portfolio, Dividend | AAGTX vs AMECX | |
| Putnam Large Cap Value Fund Class R6 | 0.76 | 0.80 | 0.85 | 84 | Large Cap Value Equities | AAGTX vs PEQSX | |
| Dimensional Retirement Income Fund | 0.79 | 0.78 | 0.75 | 83 | Target Retirement Date | AAGTX vs TDIFX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.80 | 0.74 | 0.75 | 71 | Target Retirement Date | AAGTX vs FRQIX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 0.80 | 0.73 | 0.72 | 71 | Target Retirement Date | AAGTX vs FRIMX |
See all 67 diversifiers for AAGTX
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