Looking to diversify beyond AGCVX? The mutual funds below have the lowest correlation with AGCVX — 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 AGCVX.
Best Diversifiers for AGCVX
1 mutual funds have low correlation with AGCVX (below 0.3), 0 of which are negatively correlated. The least correlated is American Century California High Yield Municipal Fund (BCHYX) (Municipal Bonds) with a 1Y correlation of 0.21, roughly unchanged from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| American Century California High Yield Municipal F... | 0.21 | 0.17 | 0.13 | 83 | Municipal Bonds | AGCVX vs BCHYX | |
| Cohen & Steers Global Infrastructure Fund Class A | 0.31 | 0.45 | 0.56 | 75 | Global Equities | AGCVX vs CSUAX | |
| Nuveen Global Infrastructure Fund Class A | 0.38 | 0.53 | 0.64 | 69 | Global Equities | AGCVX vs FGIAX | |
| American Century Equity Income Fund | 0.48 | 0.56 | 0.65 | 68 | Large Cap Value Equities | AGCVX vs TWEIX | |
| American Century Equity Income Fund Class I | 0.49 | 0.56 | 0.66 | 68 | Large Cap Value Equities | AGCVX vs ACIIX |
See all 35 diversifiers for AGCVX
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