Looking to diversify beyond AIWEX? The mutual funds below have the lowest correlation with AIWEX — 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 AIWEX.
Best Diversifiers for AIWEX
2 mutual funds have low correlation with AIWEX (below 0.3), 0 of which are negatively correlated. The least correlated is JHancock Infrastructure Fund (JEEIX) (Energy Equities) with a 1Y correlation of 0.26, down from 0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JHancock Infrastructure Fund | 0.26 | 0.37 | 0.43 | 58 | Energy Equities | AIWEX vs JEEIX | |
| Cohen & Steers Global Infrastructure Fund, Inc. | 0.27 | 0.37 | 0.43 | 65 | Energy Equities | AIWEX vs CSUIX | |
| Russell Investments Global Infrastructure Fund | 0.35 | 0.44 | 0.51 | 50 | Energy Equities | AIWEX vs RGIYX | |
| NXG Cushing® Midstream Energy Fund | 0.41 | 0.43 | 0.56 | 66 | Energy Equities | AIWEX vs SRV | |
| Victory Global Energy Transition Fund Class Y | 0.42 | 0.61 | 0.70 | 96 | Energy Equities | AIWEX vs RSNYX |
See all 20 diversifiers for AIWEX
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