Looking to diversify beyond AAOTX? The mutual funds below have the lowest correlation with AAOTX — 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 AAOTX.
Best Diversifiers for AAOTX
0 mutual funds have low correlation with AAOTX (below 0.3), 0 of which are negatively correlated. The least correlated is American Funds The Income Fund of America Class A (AMECX) (Diversified Portfolio) with a 1Y correlation of 0.69, down from 0.83 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| American Funds The Income Fund of America Class A | 0.69 | 0.79 | 0.83 | 57 | Diversified Portfolio, Dividend | AAOTX vs AMECX | |
| Dimensional Retirement Income Fund | 0.76 | 0.76 | 0.73 | 83 | Target Retirement Date | AAOTX vs TDIFX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 0.78 | 0.72 | 0.73 | 84 | Target Retirement Date | AAOTX vs FRQHX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 0.78 | 0.71 | 0.70 | 70 | Target Retirement Date | AAOTX vs FRIMX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 0.78 | 0.72 | 0.73 | 70 | Target Retirement Date | AAOTX vs FRQIX |
See all 54 diversifiers for AAOTX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements AAOTX
Add AAOTX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AAOTX