Looking to diversify beyond AAIEX? The mutual funds below have the lowest correlation with AAIEX — 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 AAIEX.
Best Diversifiers for AAIEX
0 mutual funds have low correlation with AAIEX (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 0.45, roughly unchanged from 0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| American Beacon Frontier Markets Income Fund | 0.45 | 0.36 | 0.38 | 98 | Emerging Markets Bonds | AAIEX vs AGEPX | |
| American Beacon AHL Managed Futures Strategy Fund ... | 0.45 | 0.21 | 0.09 | 89 | Systematic Trend | AAIEX vs AHLIX | |
| American Beacon Developing World Income Fund Class... | 0.45 | 0.36 | 0.38 | 98 | Emerging Markets Bonds | AAIEX vs AGEYX | |
| American Beacon AHL Managed Futures Strategy Fund | 0.45 | 0.21 | 0.10 | 88 | Systematic Trend | AAIEX vs AHLPX | |
| American Beacon TwentyFour Strategic Income Fund | 0.51 | 0.37 | 0.39 | 64 | Multisector Bonds | AAIEX vs TFGPX |
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