Looking to diversify beyond ADSIX? The mutual funds below have the lowest correlation with ADSIX — 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 ADSIX.
Best Diversifiers for ADSIX
3 mutual funds have low correlation with ADSIX (below 0.3), 0 of which are negatively correlated. The least correlated is American Century California High Yield Municipal Fund (BCHYX) (Municipal Bonds) with a 1Y correlation of 0.17, roughly unchanged from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| American Century California High Yield Municipal F... | 0.17 | 0.11 | 0.11 | 72 | Municipal Bonds | ADSIX vs BCHYX | |
| American Century Equity Income Fund | 0.23 | 0.29 | 0.49 | 51 | Large Cap Value Equities | ADSIX vs TWEIX | |
| American Century Equity Income Fund Class I | 0.23 | 0.29 | 0.49 | 52 | Large Cap Value Equities | ADSIX vs ACIIX | |
| Baron Partners Fund | 0.56 | 0.63 | 0.71 | 72 | Large Cap Growth Equities | ADSIX vs BPTRX | |
| ICON Equity Fund | 0.57 | 0.57 | 0.69 | 84 | Large Cap Growth Equities | ADSIX vs IOLZX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements ADSIX
Add ADSIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ADSIX