Looking to diversify beyond AMCGX? The mutual funds below have the lowest correlation with AMCGX — 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 AMCGX.
Best Diversifiers for AMCGX
0 mutual funds have low correlation with AMCGX (below 0.3), 0 of which are negatively correlated. The least correlated is Baron Focused Growth Fund (BFGFX) (Mid Cap Growth Equities) with a 1Y correlation of 0.64, down from 0.81 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Baron Focused Growth Fund | 0.64 | 0.75 | 0.81 | 53 | Mid Cap Growth Equities | AMCGX vs BFGFX | |
| Baron Focused Growth Fund Institutional Shares | 0.64 | 0.75 | 0.81 | 54 | Mid Cap Growth Equities | AMCGX vs BFGIX | |
| Essex Environmental Opportunities Fund | 0.66 | 0.73 | 0.80 | 63 | Mid Cap Growth Equities | AMCGX vs EEOFX | |
| Tanaka Growth Fund | 0.67 | 0.73 | 0.78 | 52 | Mid Cap Growth Equities | AMCGX vs TGFRX | |
| Needham Growth Fund | 0.71 | 0.77 | 0.82 | 92 | Mid Cap Growth Equities | AMCGX vs NEEGX |
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