Looking to diversify beyond ACSMX? The mutual funds below have the lowest correlation with ACSMX — 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 ACSMX.
Best Diversifiers for ACSMX
0 mutual funds have low correlation with ACSMX (below 0.3), 0 of which are negatively correlated. The least correlated is Oberweis Micro Cap Fund (OBMCX) (Small Cap Growth Equities) with a 1Y correlation of 0.57, down from 0.79 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Oberweis Micro Cap Fund | 0.57 | 0.73 | 0.79 | 91 | Small Cap Growth Equities | ACSMX vs OBMCX | |
| Driehaus Micro Cap Growth Fund | 0.58 | 0.71 | 0.78 | 83 | Small Cap Growth Equities | ACSMX vs DMCRX | |
| Needham Small Cap Growth Fund Institutional | 0.60 | 0.71 | 0.77 | 95 | Small Cap Growth Equities | ACSMX vs NESIX | |
| Needham Aggressive Growth Fund | 0.61 | 0.70 | 0.76 | 93 | Small Cap Growth Equities | ACSMX vs NEAGX | |
| Needham Aggressive Growth Fund Institutional Class | 0.61 | 0.70 | 0.76 | 93 | Small Cap Growth Equities | ACSMX vs NEAIX |
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