Looking to diversify beyond AFOIX? The mutual funds below have the lowest correlation with AFOIX — 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 AFOIX.
Best Diversifiers for AFOIX
0 mutual funds have low correlation with AFOIX (below 0.3), 0 of which are negatively correlated. The least correlated is Alger Growth & Income Fund (ALBAX) (Large Cap Blend Equities) with a 1Y correlation of 0.71, roughly unchanged from 0.78 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Alger Growth & Income Fund | 0.71 | 0.77 | 0.78 | 89 | Large Cap Blend Equities | AFOIX vs ALBAX | |
| Needham Growth Fund | 0.72 | 0.78 | 0.82 | 93 | Mid Cap Growth Equities | AFOIX vs NEEGX | |
| Victory Munder Mid-Cap Core Growth Fund | 0.73 | 0.77 | 0.83 | 63 | Mid Cap Growth Equities | AFOIX vs MGOYX | |
| Vanguard Capital Opportunity Fund Investor Shares | 0.74 | 0.79 | 0.84 | 91 | Mid Cap Growth Equities | AFOIX vs VHCOX | |
| PrimeCap Odyssey Aggressive Growth Fund | 0.77 | 0.82 | 0.86 | 83 | Mid Cap Growth Equities | AFOIX vs POAGX |
See all 9 diversifiers for AFOIX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements AFOIX
Add AFOIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AFOIX