Looking to diversify beyond AKRIX? The mutual funds below have the lowest correlation with AKRIX — 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 AKRIX.
Best Diversifiers for AKRIX
28 mutual funds have low correlation with AKRIX (below 0.3), 0 of which are negatively correlated. The least correlated is T. Rowe Price Institutional Floating Rate Fund (RPIFX) (Bank Loan) with a 1Y correlation of 0.09, down from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Institutional Floating Rate Fund | 0.09 | 0.22 | 0.25 | 88 | Bank Loan | AKRIX vs RPIFX | |
| Chase Growth Fund | 0.13 | 0.56 | 0.70 | 88 | Large Cap Growth Equities | AKRIX vs CHASX | |
| Fidelity OTC K6 Portfolio | 0.13 | 0.45 | 0.66 | 84 | Large Cap Growth Equities | AKRIX vs FOKFX | |
| Fidelity OTC Portfolio | 0.13 | 0.45 | 0.66 | 92 | Large Cap Growth Equities | AKRIX vs FOCPX | |
| Fidelity OTC Portfolio Class K | 0.13 | 0.45 | 0.66 | 92 | Large Cap Growth Equities | AKRIX vs FOCKX |
See all 30 diversifiers for AKRIX
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