Looking to diversify beyond AGVHX? The mutual funds below have the lowest correlation with AGVHX — 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 AGVHX.
Best Diversifiers for AGVHX
1 mutual funds have low correlation with AGVHX (below 0.3), 0 of which are negatively correlated. The least correlated is Cohen & Steers Global Infrastructure Fund Class A (CSUAX) (Global Equities) with a 1Y correlation of 0.27, down from 0.58 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cohen & Steers Global Infrastructure Fund Class A | 0.27 | 0.44 | 0.58 | 75 | Global Equities | AGVHX vs CSUAX | |
| Nuveen Global Infrastructure Fund Class A | 0.34 | 0.52 | 0.66 | 69 | Global Equities | AGVHX vs FGIAX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.51 | 0.64 | 0.73 | 86 | Global Equities | AGVHX vs RTXAX | |
| Vanguard Global Minimum Volatility Fund Investor S... | 0.53 | 0.66 | 0.75 | 66 | Global Equities | AGVHX vs VMVFX | |
| Vanguard Global Minimum Volatility Fund Admiral Sh... | 0.53 | 0.66 | 0.75 | 67 | Global Equities | AGVHX vs VMNVX |
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