Looking to diversify beyond ANBIX? The mutual funds below have historically moved differently from ANBIX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for ANBIX
3 mutual funds have low correlation with ANBIX (below 0.3), 0 of which are negatively correlated. The least correlated is SEI Multi-Asset Real Return Fund Class A (SEIAX) (Inflation-Protected Bonds) with a 1Y correlation of 0.22, down from 0.37 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Multi-Asset Real Return Fund Class A | 0.22 | 0.30 | 0.37 | 86 | Inflation-Protected Bonds | ANBIX vs SEIAX | |
| AB High Income Fund | 0.24 | 0.43 | 0.44 | 68 | High Yield Bonds | ANBIX vs AGDAX | |
| Allspring Real Return Fund | 0.30 | 0.46 | 0.61 | 66 | Inflation-Protected Bonds | ANBIX vs IPBAX | |
| AB Municipal Income Shares | 0.37 | 0.57 | 0.46 | 81 | High Yield Muni | ANBIX vs MISHX | |
| iShares Short-Term TIPS Bond Index Fund | 0.66 | 0.74 | 0.79 | 59 | Inflation-Protected Bonds | ANBIX vs BIIPX |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for ANBIX, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.01, roughly unchanged from 0.06 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.01 | 0.00 | 0.06 | 56 | Technology |
Build a portfolio that complements ANBIX
Add ANBIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ANBIX