Looking to diversify beyond AMIGX? The mutual funds below have the lowest correlation with AMIGX — 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 AMIGX.
Best Diversifiers for AMIGX
0 mutual funds have low correlation with AMIGX (below 0.3), 0 of which are negatively correlated. The least correlated is Azzad Wise Capital Fund (WISEX) (Short-Term Bond) with a 1Y correlation of 0.35, down from 0.54 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Azzad Wise Capital Fund | 0.35 | 0.40 | 0.54 | 67 | Short-Term Bond | AMIGX vs WISEX | |
| Baron Partners Fund | 0.44 | 0.55 | 0.63 | 72 | Large Cap Growth Equities | AMIGX vs BPTRX | |
| Davis New York Venture Fund Class Y | 0.60 | 0.68 | 0.73 | 80 | Large Cap Growth Equities | AMIGX vs DNVYX | |
| ICON Equity Fund | 0.65 | 0.63 | 0.72 | 84 | Large Cap Growth Equities | AMIGX vs IOLZX | |
| Adams Diversified Equity Fund, Inc. | 0.73 | 0.78 | 0.85 | 67 | Large Cap Blend Equities | AMIGX vs ADX |
See all 33 diversifiers for AMIGX
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