PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

AB International Value Fund (ABIYX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 3, 2026

The fund invests primarily in a diversified portfolio of equity securities of established companies selected from more than 40 industries and more than 40 developed and emerging market countries. These countries currently include the developed nations in Europe and the Far East, Canada, Australia and emerging market countries worldwide. The fund invests significantly (at least 40%--unless market conditions are not deemed favorable by the Adviser) in securities of non-U.S. companies. In addition, it invests, under normal circumstances, in the equity securities of companies located in at least three countries.

Looking to diversify beyond ABIYX? The mutual funds below have the lowest correlation with ABIYX — 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 ABIYX.

Best Diversifiers for ABIYX

1 mutual funds have low correlation with ABIYX (below 0.3), 0 of which are negatively correlated. The least correlated is AB Municipal Income Shares (MISHX) (High Yield Muni) with a 1Y correlation of 0.28, up from 0.16 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
MISHX
AB Municipal Income Shares0.280.220.16
62
High Yield MuniABIYX vs MISHX
AGDAX
AB High Income Fund0.480.490.50
76
High Yield BondsABIYX vs AGDAX
KGIIX
Kopernik International Fund0.590.520.61
82
Foreign Large Cap EquitiesABIYX vs KGIIX
FAGIX
Fidelity Capital & Income Fund0.600.660.68
92
High Yield BondsABIYX vs FAGIX
THOIX
Thornburg Global Opportunities Fund0.610.730.79
94
Foreign Large Cap EquitiesABIYX vs THOIX
See all 23 diversifiers for ABIYX

To view more results, upgrade your current subscription plan.

Diversification Analysis

Build a portfolio that complements ABIYX

Add ABIYX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with ABIYX