Looking to diversify beyond AMUSX? The mutual funds below have the lowest correlation with AMUSX — 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 AMUSX.
Best Diversifiers for AMUSX
3 mutual funds have low correlation with AMUSX (below 0.3), 0 of which are negatively correlated. The least correlated is American Funds New World Fund (NEWFX) (Emerging Markets Diversified) with a 1Y correlation of 0.20, roughly unchanged from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| American Funds New World Fund | 0.20 | 0.16 | 0.12 | 63 | Emerging Markets Diversified | AMUSX vs NEWFX | |
| DFA Short-Term Government Portfolio | 0.26 | 0.09 | 0.36 | 59 | Government Bonds | AMUSX vs DFFGX | |
| American Funds Fundamental Investors Class A | 0.26 | 0.16 | 0.12 | 70 | Large Cap Blend Equities, Actively Managed | AMUSX vs ANCFX | |
| GMO U.S. Treasury Fund | 0.33 | 0.15 | 0.11 | 99 | Government Bonds | AMUSX vs GUSTX | |
| American Funds American Balanced Fund Class A | 0.35 | 0.32 | 0.28 | 83 | Diversified Portfolio | AMUSX vs ABALX |
See all 15 diversifiers for AMUSX
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