Looking to diversify beyond AMOMX? The mutual funds below have the lowest correlation with AMOMX — 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 AMOMX.
Best Diversifiers for AMOMX
8 mutual funds have low correlation with AMOMX (below 0.3), 1 of which are negatively correlated. The least correlated is AQR Style Premia Alternative Fund (QSPIX) (Multistrategy) with a 1Y correlation of -0.07, roughly unchanged from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AQR Style Premia Alternative Fund | -0.07 | -0.09 | -0.14 | 52 | Multistrategy | AMOMX vs QSPIX | |
| AQR Diversified Arbitrage Fund Class I | 0.07 | 0.16 | 0.38 | 99 | Multistrategy | AMOMX vs ADAIX | |
| AQR Diversified Arbitrage Fund Class N | 0.08 | 0.16 | 0.38 | 99 | Multistrategy | AMOMX vs ADANX | |
| AQR Risk-Balanced Commodities Strategy Fund | 0.08 | 0.14 | 0.19 | 85 | Commodities | AMOMX vs ARCIX | |
| AQR Managed Futures Strategy HV Fund | 0.20 | 0.11 | -0.01 | 83 | Systematic Trend | AMOMX vs QMHIX |
See all 44 diversifiers for AMOMX
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