Looking to diversify beyond AGCVX? The mutual funds below have historically moved differently from AGCVX, 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 AGCVX
3 mutual funds have low correlation with AGCVX (below 0.3), 0 of which are negatively correlated. The least correlated is GQG Partners Global Quality Dividend Income Fund (GQFPX) (Quality Factor) with a 1Y correlation of 0.11, down from 0.58 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GQG Partners Global Quality Dividend Income Fund | 0.11 | 0.46 | 0.58 | 70 | Quality Factor, Global Equities | AGCVX vs GQFPX | |
| American Century California High Yield Municipal F... | 0.22 | 0.17 | 0.14 | 87 | Municipal Bonds | AGCVX vs BCHYX | |
| Cohen & Steers Global Infrastructure Fund Class A | 0.28 | 0.44 | 0.55 | 79 | Infrastructure Equities, Global Equities | AGCVX vs CSUAX | |
| Nuveen Global Infrastructure Fund Class A | 0.36 | 0.52 | 0.63 | 66 | Infrastructure Equities, Global Equities | AGCVX vs FGIAX | |
| SEI Institutional Managed Trust Global Managed Vol... | 0.38 | 0.57 | 0.65 | 53 | Global Equities, Low Volatility | AGCVX vs SVTAX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements AGCVX
Add AGCVX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AGCVX