Looking to diversify beyond APFDX? The mutual funds below have the lowest correlation with APFDX — 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 APFDX.
Best Diversifiers for APFDX
2 mutual funds have low correlation with APFDX (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 -0.22, roughly unchanged from -0.18 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Artisan Global Unconstrained Fund | -0.22 | -0.18 | — | 99 | Nontraditional Bonds | APFDX vs APFPX | |
| Artisan Floating Rate Fund | 0.23 | 0.20 | — | 76 | Bank Loan | APFDX vs ARTUX | |
| Artisan Emerging Markets Debt Opportunities Fund | 0.34 | 0.35 | — | 96 | Emerging Markets Bonds | APFDX vs APFOX | |
| Artisan High Income Fund Class I | 0.43 | 0.47 | 0.51 | 53 | High Yield Bonds | APFDX vs APHFX | |
| Artisan High Income Fund | 0.46 | 0.48 | 0.51 | 51 | High Yield Bonds | APFDX vs ARTFX |
See all 30 diversifiers for APFDX
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