Looking to diversify beyond ANJIX? The mutual funds below have historically moved differently from ANJIX, 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 ANJIX
1 mutual funds have low correlation with ANJIX (below 0.3), 0 of which are negatively correlated. The least correlated is Federated Hermes International Strategic Value Dividend Fund (IVFIX) (Foreign Large Cap Equities) with a 1Y correlation of 0.29, down from 0.56 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Federated Hermes International Strategic Value Div... | 0.29 | 0.42 | 0.56 | 88 | Foreign Large Cap Equities | ANJIX vs IVFIX | |
| Virtus Short Duration High Income Fund | 0.54 | 0.47 | 0.55 | 79 | High Yield Bonds | ANJIX vs ASHIX | |
| PIMCO RAE PLUS International Fund | 0.54 | 0.59 | 0.63 | 95 | Foreign Large Cap Equities | ANJIX vs PTSIX | |
| Virtus NFJ Large-Cap Value Fund | 0.58 | 0.56 | 0.65 | 74 | Large Cap Value Equities | ANJIX vs ANVIX | |
| Virtus Small-Cap Fund | 0.60 | 0.55 | 0.61 | 79 | Small Cap Blend Equities | ANJIX vs AZBIX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements ANJIX
Add ANJIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ANJIX