Looking to diversify beyond ABYAX? The mutual funds below have the lowest correlation with ABYAX — 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 ABYAX.
Best Diversifiers for ABYAX
0 mutual funds have low correlation with ABYAX (below 0.3), 0 of which are negatively correlated. The least correlated is AQR Managed Futures Strategy Fund (AQMIX) (Systematic Trend) with a 1Y correlation of 0.60, roughly unchanged from 0.69 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AQR Managed Futures Strategy Fund | 0.60 | 0.68 | 0.69 | 89 | Systematic Trend | ABYAX vs AQMIX | |
| AQR Managed Futures Strategy HV Fund | 0.60 | 0.68 | 0.69 | 82 | Systematic Trend | ABYAX vs QMHIX | |
| AQR Managed Futures Strategy Fund Class N | 0.61 | 0.68 | 0.69 | 89 | Systematic Trend | ABYAX vs AQMNX | |
| AQR Managed Futures Strategy HV Fund Class N | 0.61 | 0.69 | 0.70 | 82 | Systematic Trend | ABYAX vs QMHNX | |
| AQR Trend Total Return Fund | 0.64 | 0.47 | — | 95 | Systematic Trend | ABYAX vs QNZNX |
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