Looking to diversify beyond AAMCX? The mutual funds below have the lowest correlation with AAMCX — 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 AAMCX.
Best Diversifiers for AAMCX
0 mutual funds have low correlation with AAMCX (below 0.3), 0 of which are negatively correlated. The least correlated is Quantified Evolution Plus Fund (QEVOX) (Tactical Allocation) with a 1Y correlation of 0.37, roughly unchanged from 0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Quantified Evolution Plus Fund | 0.37 | 0.51 | 0.41 | 80 | Tactical Allocation | AAMCX vs QEVOX | |
| Hussman Strategic Total Return Fund | 0.38 | 0.31 | 0.35 | 89 | Tactical Allocation | AAMCX vs HSTRX | |
| AQR Diversifying Strategies Fund Class N | 0.45 | 0.34 | 0.16 | 88 | Tactical Allocation | AAMCX vs QDSNX | |
| Invesco Balanced-Risk Allocation Fund | 0.52 | 0.51 | 0.53 | 90 | Tactical Allocation | AAMCX vs ABRYX | |
| Invesco Balanced-Risk Allocation Fund Class A | 0.53 | 0.52 | 0.54 | 89 | Tactical Allocation | AAMCX vs ABRZX |
See all 17 diversifiers for AAMCX
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