Looking to diversify beyond AAIIX? The mutual funds below have historically moved differently from AAIIX, 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 AAIIX
2 mutual funds have low correlation with AAIIX (below 0.3), 0 of which are negatively correlated. The least correlated is Holbrook Income Fund Class I (HOBIX) (Intermediate Core-Plus Bond) with a 1Y correlation of 0.22, down from 0.35 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Holbrook Income Fund Class I | 0.22 | 0.25 | 0.35 | 99 | Intermediate Core-Plus Bond | AAIIX vs HOBIX | |
| GMO Multi-Sector Fixed Income Fund | 0.25 | 0.41 | 0.38 | 90 | Intermediate Core-Plus Bond | AAIIX vs GUGAX | |
| Leader Capital High Quality Income Fund Institutio... | 0.35 | 0.18 | 0.14 | 92 | Intermediate Core-Plus Bond | AAIIX vs LCTIX | |
| AAMA Income Fund | 0.35 | 0.35 | 0.32 | 81 | Intermediate Core-Plus Bond | AAIIX vs AMFIX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 0.35 | 0.22 | 0.16 | 89 | Intermediate Core-Plus Bond | AAIIX vs LCTRX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements AAIIX
Add AAIIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AAIIX