Looking to diversify beyond AGRDX? The mutual funds below have historically moved differently from AGRDX, 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 AGRDX
1 mutual funds have low correlation with AGRDX (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Income Fund Class I (JMSIX) (Multisector Bonds) with a 1Y correlation of 0.23, roughly unchanged from 0.26 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Income Fund Class I | 0.23 | 0.17 | 0.26 | 87 | Multisector Bonds, Investment Grade Bonds, High Yield Bonds, Actively Managed | AGRDX vs JMSIX | |
| Goldman Sachs Strategic Volatility Premium Fund | 0.30 | 0.13 | 0.13 | 97 | Large Cap Blend Equities | AGRDX vs SVPFX | |
| JPMorgan Equity Income Fund R6 | 0.36 | 0.44 | 0.58 | 89 | Large Cap Value Equities, Dividend | AGRDX vs OIEJX | |
| JPMorgan Equity Income Fund | 0.36 | 0.44 | 0.58 | 88 | Dividend, Large Cap Value Equities | AGRDX vs HLIEX | |
| Rock Oak Core Growth Fund | 0.41 | 0.54 | 0.67 | 89 | Large Cap Blend Equities | AGRDX vs RCKSX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements AGRDX
Add AGRDX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AGRDX