Looking to diversify beyond AMEFX? The mutual funds below have the lowest correlation with AMEFX — 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 AMEFX.
Best Diversifiers for AMEFX
1 mutual funds have low correlation with AMEFX (below 0.3), 0 of which are negatively correlated. The least correlated is MH Elite Small Cap Fund of Funds Fund (MHELX) (Diversified Portfolio) with a 1Y correlation of 0.04, down from 0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MH Elite Small Cap Fund of Funds Fund | 0.04 | 0.17 | 0.47 | 70 | Diversified Portfolio | AMEFX vs MHELX | |
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.37 | 0.40 | 0.43 | 99 | Diversified Portfolio | AMEFX vs STDAX | |
| Standpoint Multi-Asset Fund Institutional | 0.55 | 0.56 | 0.57 | 78 | Diversified Portfolio | AMEFX vs BLNDX | |
| Allspring Diversified Capital Builder Fund | 0.57 | 0.66 | 0.74 | 93 | Diversified Portfolio | AMEFX vs EKBAX | |
| Chartwell Income Fund | 0.60 | 0.61 | 0.66 | 57 | Diversified Portfolio | AMEFX vs BERIX |
See all 31 diversifiers for AMEFX
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