Looking to diversify beyond AASOX? The mutual funds below have the lowest correlation with AASOX — 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 AASOX.
Best Diversifiers for AASOX
0 mutual funds have low correlation with AASOX (below 0.3), 0 of which are negatively correlated. The least correlated is Alger Focus Equity Fund (ALGRX) (Large Cap Growth Equities) with a 1Y correlation of 0.71, roughly unchanged from 0.79 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Alger Focus Equity Fund | 0.71 | 0.71 | 0.79 | 53 | Large Cap Growth Equities | AASOX vs ALGRX | |
| Alger Focus Equity A Fund | 0.71 | 0.71 | 0.79 | 53 | Large Cap Growth Equities | AASOX vs ALAFX | |
| Alger Growth & Income Fund | 0.72 | 0.74 | 0.75 | 86 | Large Cap Blend Equities | AASOX vs ALBAX | |
| Alger Large Cap Growth Portfolio Fund | 0.74 | 0.74 | 0.82 | 53 | Large Cap Growth Equities | AASOX vs AAGOX | |
| Oberweis Micro Cap Fund | 0.77 | 0.85 | 0.84 | 91 | Small Cap Growth Equities | AASOX vs OBMCX |
See all 19 diversifiers for AASOX
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