Looking to diversify beyond ALOIX? The mutual funds below have the lowest correlation with ALOIX — 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 ALOIX.
Best Diversifiers for ALOIX
0 mutual funds have low correlation with ALOIX (below 0.3), 0 of which are negatively correlated. The least correlated is Virtus Convertible Fund (ANNPX) (Convertible Bonds) with a 1Y correlation of 0.49, down from 0.62 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Virtus Convertible Fund | 0.49 | 0.54 | 0.62 | 92 | Convertible Bonds | ALOIX vs ANNPX | |
| Virtus Technology Fund | 0.49 | 0.47 | 0.57 | 67 | Technology Equities | ALOIX vs DRGTX | |
| Virtus Short Duration High Income Fund | 0.49 | 0.50 | 0.53 | 83 | High Yield Bonds | ALOIX vs ASHIX | |
| Virtus NFJ Dividend Value Fund | 0.50 | 0.52 | 0.61 | 75 | Large Cap Value Equities | ALOIX vs NFJEX | |
| Virtus Small-Cap Fund | 0.50 | 0.55 | 0.62 | 55 | Small Cap Blend Equities | ALOIX vs AZBIX |
See all 32 diversifiers for ALOIX
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