Looking to diversify beyond ACV? The mutual funds below have historically moved differently from ACV, 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 ACV
22 mutual funds have low correlation with ACV (below 0.3), 2 of which are negatively correlated. The least correlated is SEI Institutional Managed Trust Multi-Asset Inflation Managed Fund (SIFAX) (Diversified Portfolio) with a 1Y correlation of -0.23, down from 0.04 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Managed Trust Multi-Asset Inflat... | -0.23 | -0.07 | 0.04 | 69 | Diversified Portfolio | ACV vs SIFAX | |
| Virtus Duff & Phelps Real Estate Securities Fund | -0.01 | 0.28 | 0.39 | 52 | REIT | ACV vs PHRAX | |
| The Merger Fund | 0.10 | 0.15 | 0.25 | 96 | Event Driven | ACV vs MERFX | |
| Concorde Wealth Management Fund | 0.13 | 0.34 | 0.46 | 82 | Diversified Portfolio | ACV vs CONWX | |
| DWS RREEF Real Assets Fund - Class A | 0.14 | 0.34 | 0.43 | 58 | Infrastructure Equities, Natural Resources, REIT, Commodities, Inflation-Protected Bonds, Diversified Portfolio, Actively Managed | ACV vs AAAAX |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for ACV, 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 Trinity Capital Inc. (TRIN) (Financial Services) with a 1Y correlation of 0.26, roughly unchanged from 0.31 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Trinity Capital Inc. | 0.26 | 0.29 | 0.31 | 80 | Financial Services | |
| Reaves Utility Income Trust | 0.42 | 0.39 | 0.42 | 53 | Financial Services | |
| BlackRock Science and Technology Trust | 0.67 | 0.55 | 0.59 | 84 | Financial Services |
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