Looking to diversify beyond AGD? The mutual funds below have the lowest correlation with AGD — 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 AGD.
Best Diversifiers for AGD
2 mutual funds have low correlation with AGD (below 0.3), 0 of which are negatively correlated. The least correlated is NXG Cushing® Midstream Energy Fund (SRV) (Global Equity Income) with a 1Y correlation of 0.05, down from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| NXG Cushing® Midstream Energy Fund | 0.05 | 0.25 | 0.33 | 53 | Global Equity Income, Oil & Gas | AGD vs SRV | |
| Virtus Diversified Income & Convertible Fund | 0.30 | 0.45 | 0.51 | 60 | Diversified Portfolio | AGD vs ACV | |
| Janus Henderson Global Equity Income Fund Class T | 0.35 | 0.53 | 0.63 | 56 | Global Equity Income | AGD vs HFQTX |
Diversification Analysis
Build a portfolio that complements AGD
Add AGD to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AGD