Looking to diversify beyond APFOX? The mutual funds below have the lowest correlation with APFOX — 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 APFOX.
Best Diversifiers for APFOX
3 mutual funds have low correlation with APFOX (below 0.3), 0 of which are negatively correlated. The least correlated is Artisan Global Unconstrained Fund (APFPX) (Nontraditional Bonds) with a 1Y correlation of 0.13, down from 0.28 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Artisan Global Unconstrained Fund | 0.13 | 0.28 | — | 99 | Nontraditional Bonds | APFOX vs APFPX | |
| Artisan Floating Rate Fund | 0.28 | 0.23 | — | 76 | Bank Loan | APFOX vs ARTUX | |
| Blackstone Alternative Multi-Strategy Fund | 0.30 | 0.32 | — | 99 | Multistrategy | APFOX vs BXMIX | |
| DoubleLine Low Duration Emerging Markets Fixed Inc... | 0.34 | 0.36 | — | 98 | Emerging Markets Bonds | APFOX vs DBLLX | |
| Ashmore Emerging Markets Corporate Income Fund | 0.35 | 0.33 | — | 62 | Emerging Markets Bonds | APFOX vs EMCIX |
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