Looking to diversify beyond AHTPX? The mutual funds below have historically moved differently from AHTPX, 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 AHTPX
2 mutual funds have low correlation with AHTPX (below 0.3), 2 of which are negatively correlated. The least correlated is AQR Style Premia Alternative Fund - Class I (QSPIX) (Multistrategy) with a 1Y correlation of -0.11, roughly unchanged from -0.11 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AQR Style Premia Alternative Fund - Class I | -0.11 | -0.08 | -0.11 | 89 | Multistrategy | AHTPX vs QSPIX | |
| BlackRock Tactical Opportunities Fund Institutiona... | -0.11 | 0.10 | 0.05 | 85 | Tactical Allocation | AHTPX vs PBAIX | |
| American Beacon TwentyFour Sustainable Short Term ... | 0.47 | 0.41 | 0.44 | 60 | Short-Term Bond | AHTPX vs TFBYX | |
| AQR Alternative Risk Premia Fund - Class I | 0.47 | 0.28 | 0.05 | 98 | Multistrategy | AHTPX vs QRPIX | |
| Potomac Defensive Bull Fund | 0.48 | 0.40 | 0.35 | 85 | Tactical Allocation | AHTPX vs CRDBX |
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