Looking to diversify beyond AGEYX? The mutual funds below have the lowest correlation with AGEYX — 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 AGEYX.
Best Diversifiers for AGEYX
2 mutual funds have low correlation with AGEYX (below 0.3), 0 of which are negatively correlated. The least correlated is American Beacon AHL Managed Futures Strategy Fund (AHLPX) (Systematic Trend) with a 1Y correlation of 0.23, up from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| American Beacon AHL Managed Futures Strategy Fund | 0.23 | 0.11 | 0.01 | 87 | Systematic Trend | AGEYX vs AHLPX | |
| American Beacon Small Cap Value Fund | 0.29 | 0.29 | 0.28 | 60 | Small Cap Value Equities | AGEYX vs AVFIX | |
| American Beacon Balanced Fund | 0.34 | 0.31 | 0.33 | 51 | Diversified Portfolio | AGEYX vs AADBX | |
| DoubleLine Low Duration Emerging Markets Fixed Inc... | 0.34 | 0.38 | 0.42 | 98 | Emerging Markets Bonds | AGEYX vs DBLLX | |
| Ashmore Emerging Markets Corporate Income Fund | 0.39 | 0.35 | 0.45 | 62 | Emerging Markets Bonds | AGEYX vs EMCIX |
See all 61 diversifiers for AGEYX
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