Looking to diversify beyond AMINX? The mutual funds below have the lowest correlation with AMINX — 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 AMINX.
Best Diversifiers for AMINX
0 mutual funds have low correlation with AMINX (below 0.3), 0 of which are negatively correlated. The least correlated is Pioneer Multi-Asset Income Fund A (PMAIX) (Diversified Portfolio) with a 1Y correlation of 0.48, roughly unchanged from 0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pioneer Multi-Asset Income Fund A | 0.48 | 0.45 | 0.47 | 89 | Diversified Portfolio, Dividend | AMINX vs PMAIX | |
| EuroPac International Dividend Income Fund Class A | 0.49 | 0.40 | 0.47 | 88 | Foreign Large Cap Equities, Dividend | AMINX vs EPDPX | |
| Amana Mutual Funds Trust Developing World Fund | 0.66 | 0.69 | 0.68 | 89 | Emerging Markets Diversified | AMINX vs AMDWX | |
| Vanguard International High Dividend Yield Index F... | 0.67 | 0.62 | 0.65 | 73 | Large Cap Value Equities, Dividend, Foreign Large Cap Equities | AMINX vs VIHAX | |
| Fidelity Advisor 529 Dividend Growth Portfolio Cla... | 0.70 | 0.74 | 0.80 | 92 | Dividend | AMINX vs FDGDX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements AMINX
Add AMINX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AMINX