Looking to diversify beyond ANAZX? The mutual funds below have the lowest correlation with ANAZX — 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 ANAZX.
Best Diversifiers for ANAZX
0 mutual funds have low correlation with ANAZX (below 0.3), 0 of which are negatively correlated. The least correlated is Destinations Global Fixed Income Opportunities Fund (DGFFX) (Global Bonds) with a 1Y correlation of 0.34, down from 0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Destinations Global Fixed Income Opportunities Fun... | 0.34 | 0.47 | 0.45 | 97 | Global Bonds | ANAZX vs DGFFX | |
| Eaton Vance Global Bond Fund | 0.42 | 0.65 | 0.56 | 91 | Global Bonds | ANAZX vs EAIIX | |
| Dunham International Opportunity Bond Fund | 0.56 | 0.69 | 0.64 | 52 | Global Bonds | ANAZX vs DAIOX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 0.61 | 0.36 | 0.54 | 82 | Global Bonds | ANAZX vs DFSHX | |
| AB Municipal Income Shares | 0.63 | 0.78 | 0.66 | 68 | High Yield Muni | ANAZX vs MISHX |
See all 9 diversifiers for ANAZX
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