Looking to diversify beyond ACSNX? The mutual funds below have the lowest correlation with ACSNX — 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 ACSNX.
Best Diversifiers for ACSNX
5 mutual funds have low correlation with ACSNX (below 0.3), 1 of which are negatively correlated. The least correlated is DFA Two-Year Fixed Income Portfolio (DFCFX) (Short-Term Bond) with a 1Y correlation of -0.03, down from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA Two-Year Fixed Income Portfolio | -0.03 | -0.02 | 0.29 | 66 | Short-Term Bond | ACSNX vs DFCFX | |
| DFA Short-Duration Real Return Portfolio | 0.17 | 0.21 | 0.33 | 99 | Short-Term Bond | ACSNX vs DFAIX | |
| Leader Short Term High Yield Bond Fund | 0.18 | 0.17 | 0.18 | 75 | Short-Term Bond | ACSNX vs LCCMX | |
| American Century Disciplined Core Value Fund | 0.26 | 0.14 | 0.09 | 79 | Large Cap Value Equities | ACSNX vs BIGRX | |
| GuidePath Absolute Return Allocation Fund | 0.26 | 0.53 | 0.54 | 74 | Short-Term Bond | ACSNX vs GPARX |
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