Looking to diversify beyond AIMOX? The mutual funds below have the lowest correlation with AIMOX — 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 AIMOX.
Best Diversifiers for AIMOX
2 mutual funds have low correlation with AIMOX (below 0.3), 0 of which are negatively correlated. The least correlated is AQR Managed Futures Strategy HV Fund (QMHIX) (Systematic Trend) with a 1Y correlation of 0.22, up from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AQR Managed Futures Strategy HV Fund | 0.22 | 0.10 | -0.04 | 82 | Systematic Trend | AIMOX vs QMHIX | |
| AQR Managed Futures Strategy Fund | 0.25 | 0.10 | -0.03 | 89 | Systematic Trend | AIMOX vs AQMIX | |
| AQR Alternative Risk Premia Fund | 0.33 | 0.21 | 0.06 | 97 | Multistrategy | AIMOX vs QRPIX | |
| AQR Long-Short Equity N | 0.46 | 0.44 | 0.38 | 51 | Long-Short | AIMOX vs QLENX | |
| AQR Long-Short Equity Fund | 0.47 | 0.44 | 0.38 | 53 | Long-Short | AIMOX vs QLEIX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AIMOX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AIMOX and solid risk/return profiles. The least correlated is JPMorgan Chase & Co. (JPM) (Financial Services) with a 1Y correlation of 0.41, roughly unchanged from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| JPMorgan Chase & Co. | 0.41 | 0.40 | 0.51 | 59 | Financial Services |
Build a portfolio that complements AIMOX
Add AIMOX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AIMOX