Looking to diversify beyond AFDVX? The mutual funds below have the lowest correlation with AFDVX — 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 AFDVX.
Best Diversifiers for AFDVX
0 mutual funds have low correlation with AFDVX (below 0.3), 0 of which are negatively correlated. The least correlated is Aegis Value Fund (AVALX) (Small Cap Value Equities) with a 1Y correlation of 0.42, down from 0.58 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Aegis Value Fund | 0.42 | 0.50 | 0.58 | 87 | Small Cap Value Equities | AFDVX vs AVALX | |
| Bridgeway Ultra Small Company Market Fund | 0.76 | 0.77 | 0.79 | 76 | Small Cap Value Equities | AFDVX vs BRSIX | |
| Invesco Small Cap Value Fund | 0.80 | 0.83 | 0.88 | 87 | Small Cap Value Equities | AFDVX vs VSCAX | |
| VY Columbia Small Cap Value II Portfolio | 0.83 | 0.88 | 0.93 | 87 | Small Cap Value Equities | AFDVX vs ICISX | |
| Brandes Small Cap Value Fund | 0.83 | 0.84 | 0.86 | 84 | Small Cap Value Equities | AFDVX vs BSCMX |
See all 23 diversifiers for AFDVX
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