Looking to diversify beyond ACAYX? The mutual funds below have the lowest correlation with ACAYX — 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 ACAYX.
Best Diversifiers for ACAYX
0 mutual funds have low correlation with ACAYX (below 0.3), 0 of which are negatively correlated. The least correlated is Baron Partners Fund (BPTRX) (Large Cap Growth Equities) with a 1Y correlation of 0.46, down from 0.68 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Baron Partners Fund | 0.46 | 0.56 | 0.68 | 67 | Large Cap Growth Equities | ACAYX vs BPTRX | |
| Davis New York Venture Fund Class Y | 0.53 | 0.63 | 0.72 | 81 | Large Cap Growth Equities | ACAYX vs DNVYX | |
| ICON Equity Fund | 0.56 | 0.53 | 0.66 | 75 | Large Cap Growth Equities | ACAYX vs IOLZX | |
| Vanguard Developed Markets Index Fund Admiral Shar... | 0.57 | 0.57 | 0.65 | 54 | Foreign Large Cap Equities | ACAYX vs VTMGX | |
| Adams Diversified Equity Fund, Inc. | 0.67 | 0.74 | 0.82 | 81 | Large Cap Blend Equities | ACAYX vs ADX |
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