Looking to diversify beyond AHSAX? The mutual funds below have the lowest correlation with AHSAX — 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 AHSAX.
Best Diversifiers for AHSAX
0 mutual funds have low correlation with AHSAX (below 0.3), 0 of which are negatively correlated. The least correlated is Alger Growth & Income Fund (ALBAX) (Large Cap Blend Equities) with a 1Y correlation of 0.44, down from 0.62 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Alger Growth & Income Fund | 0.44 | 0.55 | 0.62 | 85 | Large Cap Blend Equities | AHSAX vs ALBAX | |
| abrdn World Healthcare Fund | 0.63 | 0.59 | 0.59 | 85 | Health & Biotech Equities | AHSAX vs THW | |
| Live Oak Health Sciences Fund | 0.66 | 0.69 | 0.72 | 55 | Health & Biotech Equities | AHSAX vs LOGSX | |
| Vanguard Health Care Index Fund Admiral Shares | 0.71 | 0.77 | 0.80 | 51 | Health & Biotech Equities | AHSAX vs VHCIX | |
| Fidelity Select Pharmaceuticals Portfolio | 0.73 | 0.73 | 0.74 | 86 | Health & Biotech Equities | AHSAX vs FPHAX |
See all 30 diversifiers for AHSAX
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