Looking to diversify beyond ANVIX? The mutual funds below have the lowest correlation with ANVIX — 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 ANVIX.
Best Diversifiers for ANVIX
0 mutual funds have low correlation with ANVIX (below 0.3), 0 of which are negatively correlated. The least correlated is Virtus NFJ Emerging Markets Value Fund (AZMIX) (Emerging Markets Diversified) with a 1Y correlation of 0.36, down from 0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Virtus NFJ Emerging Markets Value Fund | 0.36 | 0.40 | 0.48 | 73 | Emerging Markets Diversified | ANVIX vs AZMIX | |
| Virtus Emerging Markets Opportunities Fund | 0.37 | 0.41 | 0.49 | 93 | Emerging Markets Diversified | ANVIX vs AOTIX | |
| Federated Hermes Strategic Value Dividend Fund | 0.44 | 0.61 | 0.69 | 78 | Large Cap Value Equities | ANVIX vs SVAIX | |
| Virtus Short Duration High Income Fund | 0.48 | 0.50 | 0.53 | 80 | High Yield Bonds | ANVIX vs ASHIX | |
| Virtus International Small-Cap Fund | 0.50 | 0.53 | 0.62 | 81 | Foreign Small & Mid Cap Equities | ANVIX vs ALOIX |
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