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Looking to diversify beyond AITFX? The mutual funds below have historically moved differently from AITFX, 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 AITFX

15 mutual funds have low correlation with AITFX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA California Municipal Real Return Portfolio (DCARX) (Municipal Bonds) with a 1Y correlation of 0.02, down from 0.22 over 5 years.

How candidates are selected

See all 36 diversifiers for AITFX

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Low-Correlation Stock Ideas

The table shows companies with at least $1B in market capitalization, historical correlation data for AITFX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Nuveen AMT-Free Municipal Credit Income Fund (NVG) (Financial Services) with a 1Y correlation of 0.46, roughly unchanged from 0.46 over 5 years.

How candidates are selected

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Nuveen AMT-Free Municipal Credit Income Fund0.460.490.46
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Financial Services

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