Looking to diversify beyond AAIIX? The mutual funds below have the lowest correlation with AAIIX — 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 AAIIX.
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 0.21, down from 0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Holbrook Income Fund Class I | 0.21 | 0.26 | 0.35 | 98 | Intermediate Core-Plus Bond | AAIIX vs HOBIX | |
| GMO Multi-Sector Fixed Income Fund | 0.24 | 0.43 | 0.38 | 76 | Intermediate Core-Plus Bond | AAIIX vs GUGAX | |
| Leader Capital High Quality Income Fund Institutio... | 0.31 | 0.17 | 0.14 | 95 | Intermediate Core-Plus Bond | AAIIX vs LCTIX | |
| Leader Capital High Quality Floating Rate Fund Inv... | 0.31 | 0.19 | 0.16 | 94 | Intermediate Core-Plus Bond | AAIIX vs LCTRX | |
| AAMA Income Fund | 0.31 | 0.36 | 0.32 | 67 | Intermediate Core-Plus Bond | AAIIX vs AMFIX |
See all 8 diversifiers for AAIIX
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