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 0.28, down from 0.65 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Voya Corporate Leaders Trust Fund | 0.28 | 0.52 | 0.65 | 52 | Large Cap Value Equities | AFVLX vs LEXCX | |
| Fidelity Advisor Large Cap Fund Class M | 0.45 | 0.74 | 0.85 | 61 | Large Cap Value Equities | AFVLX vs FALGX | |
| Fidelity Advisor Large Cap Fund Class I | 0.45 | 0.74 | 0.85 | 62 | Large Cap Value Equities | AFVLX vs FALIX | |
| Fidelity Advisor Large Cap Fund Class C | 0.45 | 0.74 | 0.85 | 60 | Large Cap Value Equities | AFVLX vs FLCCX | |
| Buffalo Flexible Income Fund | 0.51 | 0.68 | 0.78 | 71 | Large Cap Value Equities | AFVLX vs BUFBX |
See all 33 diversifiers for AFVLX
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