Looking to diversify beyond AALTX? The mutual funds below have the lowest correlation with AALTX — 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 AALTX.
Best Diversifiers for AALTX
0 mutual funds have low correlation with AALTX (below 0.3), 0 of which are negatively correlated. The least correlated is Dimensional Retirement Income Fund (TDIFX) (Target Retirement Date) with a 1Y correlation of 0.77, roughly unchanged from 0.74 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 0.77 | 0.76 | 0.74 | 64 | Target Retirement Date | AALTX vs TDIFX | |
| MFS Lifetime 2025 Fund | 0.80 | 0.81 | 0.86 | 66 | Target Retirement Date | AALTX vs LTTIX | |
| Prudential Day One Income Fund | 0.80 | 0.80 | 0.82 | 72 | Target Retirement Date | AALTX vs PDAHX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.81 | 0.74 | 0.74 | 66 | Target Retirement Date | AALTX vs FRQIX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 0.81 | 0.74 | 0.74 | 72 | Target Retirement Date | AALTX vs FRQHX |
See all 66 diversifiers for AALTX
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