PortfoliosLab logoPortfoliosLab logo

Looking to diversify beyond ACCBX? The mutual funds below have historically moved differently from ACCBX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.

Best Diversifiers for ACCBX

2 mutual funds have low correlation with ACCBX (below 0.3), 0 of which are negatively correlated. The least correlated is Columbia Floating Rate Fund (RFRAX) (Bank Loan) with a 1Y correlation of 0.21, roughly unchanged from 0.28 over 5 years.

How candidates are selected

See all 13 diversifiers for ACCBX

To view more results, upgrade your current subscription plan.

Low-Correlation Stock Ideas

The table shows companies with at least $1B in market capitalization, historical correlation data for ACCBX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of 0.08, roughly unchanged from 0.13 over 5 years.

How candidates are selected

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
NVIDIA Corporation0.080.050.13
56
Technology
Berkshire Hathaway Inc.0.100.130.11
61
Financial Services
Nu Holdings Ltd.0.220.12
57
Financial Services

Rows per page

1–3 of 3

Diversification Analysis

Build a portfolio that complements ACCBX

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

Analyze a portfolio with ACCBX