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 Growth & Income Fund (ALBAX) (Large Cap Blend Equities) with a 1Y correlation of 0.72, roughly unchanged from 0.75 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Alger Growth & Income Fund | 0.72 | 0.73 | 0.75 | 85 | Large Cap Blend Equities | AASOX vs ALBAX | |
| Oberweis Micro Cap Fund | 0.76 | 0.85 | 0.85 | 87 | Small Cap Growth Equities | AASOX vs OBMCX | |
| Needham Aggressive Growth Fund | 0.78 | 0.80 | 0.81 | 87 | Small Cap Growth Equities | AASOX vs NEAGX | |
| Needham Aggressive Growth Fund Institutional Class | 0.78 | 0.80 | 0.81 | 87 | Small Cap Growth Equities | AASOX vs NEAIX | |
| Needham Small Cap Growth Fund Institutional | 0.79 | 0.81 | 0.84 | 90 | Small Cap Growth Equities | AASOX vs NESIX |
See all 16 diversifiers for AASOX
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