Looking to diversify beyond ACINX? The mutual funds below have the lowest correlation with ACINX — 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 ACINX.
Best Diversifiers for ACINX
0 mutual funds have low correlation with ACINX (below 0.3), 0 of which are negatively correlated. The least correlated is Pear Tree Polaris International Opportunities Fund (QISIX) (Foreign Small & Mid Cap Equities) with a 1Y correlation of 0.44, down from 0.64 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pear Tree Polaris International Opportunities Fund | 0.44 | 0.57 | 0.64 | 50 | Foreign Small & Mid Cap Equities | ACINX vs QISIX | |
| Columbia Dividend Income Fund Institutional 3 Clas... | 0.58 | 0.62 | 0.66 | 79 | Large Cap Value Equities, Dividend | ACINX vs CDDYX | |
| Columbia Dividend Income Fund Class A | 0.58 | 0.62 | 0.66 | 77 | Large Cap Value Equities | ACINX vs LBSAX | |
| Columbia Dividend Income Fund | 0.58 | 0.62 | 0.66 | 79 | Large Cap Value Equities | ACINX vs GSFTX | |
| Columbia Seligman Technology and Information Fund | 0.66 | 0.69 | 0.72 | 96 | Technology Equities | ACINX vs SLMCX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ACINX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ACINX and solid risk/return profiles. The least correlated is BlackRock Science and Technology Trust II (BSTZ) (Financial Services) with a 1Y correlation of 0.55, down from 0.66 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| BlackRock Science and Technology Trust II | 0.55 | 0.58 | 0.66 | 96 | Financial Services |
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