Looking to diversify beyond AHTPX? The mutual funds below have the lowest correlation with AHTPX — 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 AHTPX.
Best Diversifiers for AHTPX
1 mutual funds have low correlation with AHTPX (below 0.3), 1 of which are negatively correlated. The least correlated is BlackRock Tactical Opportunities Fund Institutional Class (PBAIX) (Tactical Allocation) with a 1Y correlation of -0.19, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Tactical Opportunities Fund Institutiona... | -0.19 | 0.07 | 0.03 | 66 | Tactical Allocation | AHTPX vs PBAIX | |
| Potomac Defensive Bull Fund | 0.40 | 0.37 | 0.33 | 93 | Tactical Allocation | AHTPX vs CRDBX | |
| American Beacon TwentyFour Sustainable Short Term ... | 0.47 | 0.40 | 0.44 | 64 | Short-Term Bond | AHTPX vs TFBYX | |
| American Beacon Small Cap Value Fund | 0.47 | 0.51 | 0.50 | 68 | Small Cap Value Equities | AHTPX vs AVFIX | |
| Hussman Strategic Total Return Fund | 0.48 | 0.51 | 0.55 | 90 | Tactical Allocation | AHTPX vs HSTRX |
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