Looking to diversify beyond AFVLX? The mutual funds below have the lowest correlation with AFVLX — 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 AFVLX.
Best Diversifiers for AFVLX
1 mutual funds have low correlation with AFVLX (below 0.3), 0 of which are negatively correlated. The least correlated is Voya Corporate Leaders Trust Fund (LEXCX) (Large Cap Value Equities) with a 1Y correlation of 0.20, down from 0.63 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Voya Corporate Leaders Trust Fund | 0.20 | 0.49 | 0.63 | 70 | Large Cap Value Equities | AFVLX vs LEXCX | |
| Federated Hermes Strategic Value Dividend Fund | 0.32 | 0.50 | 0.63 | 84 | Large Cap Value Equities | AFVLX vs SVAIX | |
| Buffalo Flexible Income Fund | 0.41 | 0.64 | 0.76 | 60 | Large Cap Value Equities | AFVLX vs BUFBX | |
| AMG Yacktman Focused Fund | 0.47 | 0.64 | 0.76 | 86 | Large Cap Value Equities | AFVLX vs YAFFX | |
| Hennessy Cornerstone Value Fund | 0.51 | 0.65 | 0.75 | 87 | Large Cap Value Equities | AFVLX vs HFCVX |
See all 41 diversifiers for AFVLX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements AFVLX
Add AFVLX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AFVLX