Looking to diversify beyond AGRFX? The mutual funds below have the lowest correlation with AGRFX — 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 AGRFX.
Best Diversifiers for AGRFX
14 mutual funds have low correlation with AGRFX (below 0.3), 0 of which are negatively correlated. The least correlated is AB High Income Municipal Portfolio (ABTYX) (High Yield Muni) with a 1Y correlation of 0.19, roughly unchanged from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AB High Income Municipal Portfolio | 0.19 | 0.11 | 0.13 | 62 | High Yield Muni | AGRFX vs ABTYX | |
| AB Municipal Bond Inflation Strategy | 0.19 | 0.15 | 0.16 | 91 | Municipal Bonds | AGRFX vs AUNYX | |
| AB Municipal Income Fund California Portfolio | 0.20 | 0.13 | 0.12 | 67 | Municipal Bonds | AGRFX vs ALCAX | |
| AB Impact Municipal Income Shares | 0.20 | 0.14 | 0.14 | 71 | Municipal Bonds | AGRFX vs ABIMX | |
| AB Tax-Aware Fixed Income Opportunities Portfolio | 0.21 | 0.14 | 0.15 | 70 | Municipal Bonds | AGRFX vs ATTYX |
See all 53 diversifiers for AGRFX
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