Looking to diversify beyond APFWX? The mutual funds below have the lowest correlation with APFWX — 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 APFWX.
Best Diversifiers for APFWX
2 mutual funds have low correlation with APFWX (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 -0.18, roughly unchanged from -0.19 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Artisan Global Unconstrained Fund | -0.18 | -0.19 | — | 99 | Nontraditional Bonds | APFWX vs APFPX | |
| Artisan Emerging Markets Debt Opportunities Fund | 0.26 | 0.31 | — | 98 | Emerging Markets Bonds | APFWX vs APFOX | |
| AMG Yacktman Focused Fund | 0.31 | 0.59 | 0.69 | 86 | Large Cap Value Equities | APFWX vs YAFFX | |
| Artisan High Income Fund | 0.32 | 0.41 | — | 56 | High Yield Bonds | APFWX vs ARTFX | |
| Voya Corporate Leaders Trust Fund | 0.43 | 0.62 | — | 70 | Large Cap Value Equities | APFWX vs LEXCX |
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