Looking to diversify beyond AEMSX? The mutual funds below have the lowest correlation with AEMSX — 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 AEMSX.
Best Diversifiers for AEMSX
2 mutual funds have low correlation with AEMSX (below 0.3), 1 of which are negatively correlated. The least correlated is abrdn Ultra Short Municipal Income Fund (ATOIX) (Municipal Bonds) with a 1Y correlation of -0.06, roughly unchanged from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| abrdn Ultra Short Municipal Income Fund | -0.06 | -0.05 | -0.03 | 99 | Municipal Bonds | AEMSX vs ATOIX | |
| abrdn Global Absolute Return Strategies Fund | 0.26 | 0.16 | 0.07 | 53 | Macro Trading | AEMSX vs CGFIX | |
| abrdn Global Infrastructure Fund | 0.40 | 0.48 | 0.56 | 64 | Energy Equities | AEMSX vs AIFRX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 0.47 | 0.63 | 0.69 | 87 | Emerging Markets Diversified | AEMSX vs ESCIX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.67 | 0.75 | 0.79 | 92 | Emerging Markets Diversified | AEMSX vs EMPTX |
See all 26 diversifiers for AEMSX
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