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 AHL Managed Futures Strategy Fund Class R5 (AHLIX) (Systematic Trend) with a 1Y correlation of 0.44, up from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| American Beacon AHL Managed Futures Strategy Fund ... | 0.44 | 0.20 | 0.09 | 88 | Systematic Trend | AAIEX vs AHLIX | |
| American Beacon AHL Managed Futures Strategy Fund | 0.45 | 0.21 | 0.10 | 88 | Systematic Trend | AAIEX vs AHLPX | |
| American Beacon Developing World Income Fund Class... | 0.47 | 0.38 | 0.38 | 99 | Emerging Markets Bonds | AAIEX vs AGEYX | |
| American Beacon Frontier Markets Income Fund | 0.48 | 0.37 | 0.38 | 98 | Emerging Markets Bonds | AAIEX vs AGEPX | |
| Federated Hermes International Strategic Value Div... | 0.52 | 0.60 | 0.72 | 61 | Foreign Large Cap Equities | AAIEX vs IVFIX |
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