Looking to diversify beyond APDGX? The mutual funds below have the lowest correlation with APDGX — 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 APDGX.
Best Diversifiers for APDGX
1 mutual funds have low correlation with APDGX (below 0.3), 1 of which are negatively correlated. The least correlated is Artisan Global Unconstrained Fund (APFPX) (Nontraditional Bonds) with a 1Y correlation of -0.26, roughly unchanged from -0.17 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Artisan Global Unconstrained Fund | -0.26 | -0.17 | — | 99 | Nontraditional Bonds | APDGX vs APFPX | |
| Artisan High Income Fund | 0.45 | 0.48 | 0.50 | 51 | High Yield Bonds | APDGX vs ARTFX | |
| Russell Investment Tax-Managed Real Assets Fund | 0.54 | 0.64 | 0.73 | 81 | Global Equities | APDGX vs RTXAX | |
| GMO Climate Change Fund | 0.55 | 0.63 | 0.70 | 93 | Global Equities | APDGX vs GCCHX | |
| New Alternatives Fund | 0.57 | 0.62 | 0.65 | 64 | Global Equities | APDGX vs NALFX |
See all 24 diversifiers for APDGX
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