Looking to diversify beyond ABVYX? The mutual funds below have the lowest correlation with ABVYX — 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 ABVYX.
Best Diversifiers for ABVYX
1 mutual funds have low correlation with ABVYX (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 0.22, roughly unchanged from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AB Municipal Income Shares | 0.22 | 0.18 | 0.12 | 67 | High Yield Muni | ABVYX vs MISHX | |
| Voya Corporate Leaders Trust Fund | 0.32 | 0.58 | 0.70 | 59 | Large Cap Value Equities | ABVYX vs LEXCX | |
| AB High Income Fund | 0.44 | 0.44 | 0.44 | 68 | High Yield Bonds | ABVYX vs AGDAX | |
| Federated Hermes Strategic Value Dividend Fund | 0.47 | 0.59 | 0.71 | 79 | Large Cap Value Equities | ABVYX vs SVAIX | |
| Buffalo Flexible Income Fund | 0.55 | 0.72 | 0.80 | 77 | Large Cap Value Equities | ABVYX vs BUFBX |
See all 27 diversifiers for ABVYX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements ABVYX
Add ABVYX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ABVYX