Looking to diversify beyond AFOCX? The mutual funds below have historically moved differently from AFOCX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for AFOCX
0 mutual funds have low correlation with AFOCX (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 0.35, up from 0.13 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Strategic Volatility Premium Fund | 0.35 | 0.18 | 0.13 | 97 | Large Cap Blend Equities | AFOCX vs SVPFX | |
| Archer Income Fund | 0.36 | 0.29 | 0.26 | 59 | Intermediate Core-Plus Bond | AFOCX vs ARINX | |
| North Square Preferred and Income Securities Fund | 0.45 | 0.35 | 0.40 | 59 | Preferred Stock | AFOCX vs ORDNX | |
| Archer Dividend Growth Fund | 0.47 | 0.68 | 0.77 | 96 | Large Cap Value Equities | AFOCX vs ARDGX | |
| First Eagle Overseas Fund Class I | 0.61 | 0.61 | 0.66 | 80 | Foreign Large Cap Equities | AFOCX vs SGOIX |
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