Looking to diversify beyond AGVHX? The mutual funds below have historically moved differently from AGVHX, 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 AGVHX
2 mutual funds have low correlation with AGVHX (below 0.3), 0 of which are negatively correlated. The least correlated is GQG Partners Global Quality Dividend Income Fund (GQFPX) (Quality Factor) with a 1Y correlation of 0.09, down from 0.62 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GQG Partners Global Quality Dividend Income Fund | 0.09 | 0.49 | 0.62 | 70 | Quality Factor, Global Equities | AGVHX vs GQFPX | |
| Cohen & Steers Global Infrastructure Fund Class A | 0.23 | 0.42 | 0.57 | 79 | Infrastructure Equities, Global Equities | AGVHX vs CSUAX | |
| Nuveen Global Infrastructure Fund Class A | 0.32 | 0.51 | 0.65 | 66 | Infrastructure Equities, Global Equities | AGVHX vs FGIAX | |
| SEI Institutional Managed Trust Global Managed Vol... | 0.39 | 0.62 | 0.73 | 53 | Global Equities, Low Volatility | AGVHX vs SVTAX | |
| Catalyst/Millburn Hedge Strategy Fund Class I | 0.39 | 0.34 | 0.38 | 90 | Multistrategy, Systematic Trend, Global Equities | AGVHX vs MBXIX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements AGVHX
Add AGVHX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AGVHX