Looking to diversify beyond AIIFX? The mutual funds below have the lowest correlation with AIIFX — 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 AIIFX.
Best Diversifiers for AIIFX
8 mutual funds have low correlation with AIIFX (below 0.3), 1 of which are negatively correlated. The least correlated is Artisan Global Unconstrained Fund (APFPX) (Nontraditional Bonds) with a 1Y correlation of -0.22, up from -0.32 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Artisan Global Unconstrained Fund | -0.22 | -0.32 | — | 99 | Nontraditional Bonds | AIIFX vs APFPX | |
| Putnam Mortgage Opportunities Fund | 0.01 | 0.06 | 0.12 | 64 | Nontraditional Bonds | AIIFX vs PMOTX | |
| Victory Pioneer Cat Bond Fund Class Y | 0.04 | -0.03 | -0.03 | 100 | Nontraditional Bonds | AIIFX vs CBYYX | |
| PGIM Securitized Credit Fund | 0.09 | 0.00 | 0.02 | 99 | Nontraditional Bonds | AIIFX vs SCFZX | |
| Dunham Long/Short Credit Fund | 0.12 | -0.16 | -0.19 | 94 | Nontraditional Bonds | AIIFX vs DCAIX |
See all 14 diversifiers for AIIFX
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