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AB Growth Fund (AGRFX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 4, 2026

The investment seeks long-term growth of capital. The fund invests primarily in a domestic equity securities of companies selected by the fund's Adviser for their growth potential with in various market sectors. When selecting securities, the Adviser looks for companies that have experienced management teams, strong market positions, and the potential to deliver greater-than-expected earnings growth rates. The fund has the flexibility to invest across the capitalization spectrum. It may enter into derivatives transactions, such as options, futures contracts, forwards and swaps.

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

15 mutual funds have low correlation with AGRFX (below 0.3), 0 of which are negatively correlated. The least correlated is AB Bond Inflation Strategy (ANBIX) (Inflation-Protected Bonds) with a 1Y correlation of 0.08, roughly unchanged from 0.14 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
ANBIX
AB Bond Inflation Strategy0.080.120.14
72
Inflation-Protected BondsAGRFX vs ANBIX
AUNYX
AB Municipal Bond Inflation Strategy0.160.140.16
94
Municipal BondsAGRFX vs AUNYX
ABTYX
AB High Income Municipal Portfolio0.180.110.13
51
High Yield MuniAGRFX vs ABTYX
ALCAX
AB Municipal Income Fund California Portfolio0.180.120.12
66
Municipal BondsAGRFX vs ALCAX
ABIMX
AB Impact Municipal Income Shares0.190.140.14
66
Municipal BondsAGRFX vs ABIMX
See all 56 diversifiers for AGRFX

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