Looking to diversify beyond ADJEX? The mutual funds below have the lowest correlation with ADJEX — 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 ADJEX.
Best Diversifiers for ADJEX
0 mutual funds have low correlation with ADJEX (below 0.3), 0 of which are negatively correlated. The least correlated is Azzad Wise Capital Fund (WISEX) (Short-Term Bond) with a 1Y correlation of 0.40, down from 0.57 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Azzad Wise Capital Fund | 0.40 | 0.49 | 0.57 | 65 | Short-Term Bond | ADJEX vs WISEX | |
| Essex Environmental Opportunities Fund | 0.68 | 0.76 | 0.81 | 79 | Mid Cap Growth Equities | ADJEX vs EEOFX | |
| Amana Growth Fund | 0.74 | 0.79 | 0.85 | 70 | Large Cap Growth Equities | ADJEX vs AMIGX | |
| Amana Mutual Funds Trust Growth Fund | 0.75 | 0.79 | 0.85 | 69 | Large Cap Growth Equities | ADJEX vs AMAGX | |
| Iman Fund | 0.79 | 0.85 | 0.90 | 88 | Large Cap Growth Equities | ADJEX vs IMANX |
See all 13 diversifiers for ADJEX
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