Looking to diversify beyond AFQSX? The mutual funds below have the lowest correlation with AFQSX — 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 AFQSX.
Best Diversifiers for AFQSX
1 mutual funds have low correlation with AFQSX (below 0.3), 0 of which are negatively correlated. The least correlated is Hussman Strategic Total Return Fund (HSTRX) (Tactical Allocation) with a 1Y correlation of 0.26, up from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Hussman Strategic Total Return Fund | 0.26 | 0.12 | 0.15 | 89 | Tactical Allocation | AFQSX vs HSTRX | |
| Quantified Evolution Plus Fund | 0.31 | 0.22 | 0.27 | 80 | Tactical Allocation | AFQSX vs QEVOX | |
| PIMCO All Asset All Authority Fund | 0.31 | 0.15 | 0.24 | 73 | Tactical Allocation | AFQSX vs PAUIX | |
| PIMCO All Asset Fund | 0.35 | 0.20 | 0.29 | 89 | Tactical Allocation | AFQSX vs PAAIX | |
| AQR Diversifying Strategies Fund Class N | 0.35 | 0.18 | 0.09 | 88 | Tactical Allocation | AFQSX vs QDSNX |
See all 20 diversifiers for AFQSX
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