Looking to diversify beyond AAINX? The mutual funds below have the lowest correlation with AAINX — 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 AAINX.
Best Diversifiers for AAINX
5 mutual funds have low correlation with AAINX (below 0.3), 0 of which are negatively correlated. The least correlated is Nationwide Strategic Income A (NWXEX) (Multisector Bonds) with a 1Y correlation of 0.03, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Nationwide Strategic Income A | 0.03 | 0.27 | 0.20 | 99 | Multisector Bonds | AAINX vs NWXEX | |
| CrossingBridge Responsible Credit Fund | 0.10 | 0.16 | — | 70 | Multisector Bonds | AAINX vs CBRDX | |
| Nationwide Amundi Strategic Income Fund | 0.11 | 0.29 | 0.21 | 99 | Multisector Bonds | AAINX vs NWXHX | |
| CrossingBridge Low Duration High Yield Fund | 0.20 | 0.23 | 0.27 | 97 | Multisector Bonds | AAINX vs CBLDX | |
| Potomac Managed Volatility Fund | 0.25 | 0.52 | 0.35 | 70 | Multisector Bonds | AAINX vs CRMVX |
See all 18 diversifiers for AAINX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements AAINX
Add AAINX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AAINX