Looking to diversify beyond AIONX? The mutual funds below have the lowest correlation with AIONX — 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 AIONX.
Best Diversifiers for AIONX
3 mutual funds have low correlation with AIONX (below 0.3), 1 of which are negatively correlated. The least correlated is AQR Style Premia Alternative Fund (QSPIX) (Multistrategy) with a 1Y correlation of -0.09, roughly unchanged from -0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AQR Style Premia Alternative Fund | -0.09 | -0.06 | -0.08 | 52 | Multistrategy | AIONX vs QSPIX | |
| AQR Managed Futures Strategy HV Fund | 0.20 | 0.11 | -0.05 | 87 | Systematic Trend | AIONX vs QMHIX | |
| AQR Managed Futures Strategy Fund | 0.23 | 0.12 | -0.04 | 92 | Systematic Trend | AIONX vs AQMIX | |
| AQR Alternative Risk Premia Fund | 0.33 | 0.22 | 0.06 | 96 | Multistrategy | AIONX vs QRPIX | |
| AQR Long-Short Equity Fund Class N | 0.43 | 0.44 | 0.38 | 54 | Long-Short, Actively Managed | AIONX vs QLENX |
See all 30 diversifiers for AIONX
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