Looking to diversify beyond AFIFX? The mutual funds below have the lowest correlation with AFIFX — 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 AFIFX.
Best Diversifiers for AFIFX
1 mutual funds have low correlation with AFIFX (below 0.3), 0 of which are negatively correlated. The least correlated is Goldman Sachs Strategic Volatility Premium Fund (SVPFX) (Large Cap Blend Equities) with a 1Y correlation of 0.24, up from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.24 | 0.13 | 0.12 | 73 | Large Cap Blend Equities | AFIFX vs SVPFX | |
| Federated Hermes MDT All Cap Core Fund | 0.30 | 0.62 | 0.79 | 56 | Large Cap Blend Equities | AFIFX vs QIACX | |
| Federated Hermes MDT All Cap Core Fund Class R6 | 0.30 | 0.62 | 0.79 | 56 | Large Cap Blend Equities | AFIFX vs QKACX | |
| North Square Preferred and Income Securities Fund | 0.51 | 0.35 | 0.43 | 72 | Large Cap Blend Equities | AFIFX vs ORDNX | |
| Rock Oak Core Growth Fund | 0.59 | 0.71 | 0.81 | 56 | Large Cap Blend Equities | AFIFX vs RCKSX |
See all 43 diversifiers for AFIFX
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