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 Needham Growth Fund (NEEGX) (Mid Cap Growth Equities) with a 1Y correlation of 0.72, roughly unchanged from 0.82 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Needham Growth Fund | 0.72 | 0.77 | 0.82 | 78 | Mid Cap Growth Equities | AMCGX vs NEEGX | |
| Needham Growth Fund Institutional Class | 0.73 | 0.77 | 0.82 | 76 | Mid Cap Growth Equities | AMCGX vs NEEIX | |
| Alger Growth & Income Fund | 0.75 | 0.79 | 0.80 | 86 | Large Cap Blend Equities | AMCGX vs ALBAX | |
| Vanguard Capital Opportunity Fund Investor Shares | 0.77 | 0.80 | 0.85 | 86 | Mid Cap Growth Equities | AMCGX vs VHCOX | |
| SIT Small Cap Growth Fund | 0.78 | 0.84 | 0.89 | 50 | Mid Cap Growth Equities | AMCGX vs SSMGX |
See all 11 diversifiers for AMCGX
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